Strategic Education, Inc. (FRA:SQE)

Strategic Education Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	133.6	137.07	168.48	213.67	268.92	187.51
Short-Term Investments	31.35	46.95	39.73	9.16	6.5	7.56
Cash & Short-Term Investments	164.95	184.02	208.21	222.82	275.42	195.07
Cash Growth	-35.63%	-11.62%	-6.56%	-19.10%	41.19%	-57.09%
Accounts Receivable	97.88	76.13	76.1	62.95	51.28	50.17
Other Receivables	0.76	-	-	-	0.31	1.43
Receivables	98.64	76.13	76.1	62.95	51.59	51.6
Prepaid Expenses	30.62	20.84	20.03	19.07	17.86	-
Restricted Cash	10.88	9.08	12.94	13.29	9.79	14.01
Other Current Assets	14.85	14.87	11.79	10.93	13.12	25.45
Total Current Assets	319.94	304.94	329.07	329.06	367.79	286.12
Property, Plant & Equipment	211.08	214.92	237.73	258.09	300.18	279.54
Long-Term Investments	29.17	31.2	19.36	30.4	42.54	46.07
Goodwill	1,231	1,207	1,252	1,251	1,286	1,319
Other Intangible Assets	248.17	245.1	251.62	260.54	276.38	326.42
Long-Term Accounts Receivable	6.44	7.04	2.52	2.67	2.47	3.59
Long-Term Deferred Charges	23.93	18.33	12.81	7.51	5.96	6.39
Other Long-Term Assets	21.69	21.33	20.22	22.2	24.72	29.16
Total Assets	2,092	2,050	2,125	2,162	2,306	2,296
Accounts Payable	59.12	55.73	49.25	45.83	45.34	64.05
Accrued Expenses	40.07	46.02	41.64	44.76	50.18	40.69
Current Portion of Leases	20.11	22.22	24.19	23.88	27.01	34.81
Current Income Taxes Payable	-	2.93	2.2	6.99	-	-
Current Unearned Revenue	135.18	89.56	92.34	88.49	73.23	60.5
Total Current Liabilities	254.48	216.46	209.62	209.94	195.76	200.05
Long-Term Debt	-	-	61.4	101.4	141.63	141.82
Long-Term Leases	100.19	103	127.74	134.01	162.82	106.15
Long-Term Unearned Revenue	36.07	34.51	37.19	36.54	34.7	34.87
Long-Term Deferred Tax Liabilities	27.93	27.59	28.34	34.61	44.6	53.41
Other Long-Term Liabilities	6.14	5.68	8.42	9.47	12.39	11.19
Total Liabilities	424.81	387.24	472.7	525.96	591.89	547.49
Common Stock	0.24	0.25	0.24	0.24	0.25	0.24
Additional Paid-In Capital	1,489	1,532	1,518	1,511	1,530	1,520
Retained Earnings	236.08	218.41	168.87	159.69	174.57	179.65
Comprehensive Income & Other	-58.87	-88.57	-34.25	-35.07	9.2	48.88
Shareholders' Equity	1,667	1,662	1,653	1,636	1,714	1,748
Total Liabilities & Equity	2,092	2,050	2,125	2,162	2,306	2,296
Total Debt	120.3	125.23	213.33	259.28	331.46	282.78
Net Cash (Debt)	59.63	73.78	-4.63	-23.34	-32.66	-57.45
Net Cash Growth	1.65%	-	-	-	-	-
Net Cash Per Share	2.49	3.06	-0.19	-0.97	-1.35	-2.51
Filing Date Shares Outstanding	23.66	24.26	24.16	24.16	24.35	24.16
Total Common Shares Outstanding	23.7	24.16	24.16	24.16	24.35	24.17
Working Capital	65.46	88.48	119.45	119.12	172.03	86.07
Book Value Per Share	70.31	68.81	68.39	67.71	70.40	72.32
Tangible Book Value	187.44	210.52	149.01	123.97	151.75	103.37
Tangible Book Value Per Share	7.91	8.71	6.17	5.13	6.23	4.28
Land	-	1.5	1.5	3.6	5.38	7.14
Buildings	-	6.19	6.71	9.86	16.69	21.37
Machinery	-	52.34	52.86	53.69	85.23	93.02
Construction In Progress	-	8.01	6.53	7.02	9.25	15.52
Leasehold Improvements	-	67.86	72.35	70.92	71.63	65.72

Source: S&P Global Market Intelligence. Standard template. Financial Sources.