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LRN (Stride) Equity-to-Asset : 0.62 (As of Sep. 2024)


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What is Stride Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Stride's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,214 Mil. Stride's Total Assets for the quarter that ended in Sep. 2024 was $1,972 Mil. Therefore, Stride's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.62.

The historical rank and industry rank for Stride's Equity-to-Asset or its related term are showing as below:

LRN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.71   Max: 0.79
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Stride was 0.79. The lowest was 0.46. And the median was 0.71.

LRN's Equity-to-Asset is ranked better than
61.34% of 269 companies
in the Education industry
Industry Median: 0.54 vs LRN: 0.62

Stride Equity-to-Asset Historical Data

The historical data trend for Stride's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stride Equity-to-Asset Chart

Stride Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.51 0.49 0.54 0.61

Stride Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.58 0.58 0.61 0.62

Competitive Comparison of Stride's Equity-to-Asset

For the Education & Training Services subindustry, Stride's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stride's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Stride's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Stride's Equity-to-Asset falls into.



Stride Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Stride's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=1176.025/1920.465
=0.61

Stride's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=1214.346/1971.961
=0.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Stride  (NYSE:LRN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Stride Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Stride's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Stride Business Description

Traded in Other Exchanges
Address
11720 Plaza America, 9th Floor, Reston, VA, USA, 20190
Stride Inc is an American online educational company. It offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
Executives
James Jeaho Rhyu director, officer: Chief Executive Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Robert Cohen director 7900 HARKINS ROAD, LANHAM MD 20706
Eliza Mcfadden director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Les Ottolenghi officer: Chief Info. & Tech. Officer ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Vincent Mathis officer: EVP, General Counsel 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Donna Blackman officer: Chief Financial Officer 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Ralph R Smith director 1615 WEST CHESTER PIKE, STE 200, WEST CHESTER PA 19382-7956
Allison Lawrence director 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Joseph A Verbrugge director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Nathaniel A Davis director, officer: Chairman and CEO 1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Shaun Mcalmont officer: EVP, Career Technical Ed. C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Kevin Chavous director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Timothy Medina officer: Chief Financial Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Victoria D Harker director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Howard D. Polsky officer: General Counsel & Secretary 2300 CORPORATE PARK DRIVE, HERNDON VA 20171