Strategic Education, Inc. (STRA)

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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	144.22	137.07	168.48	213.67	268.92	187.51
Short-Term Investments	38.42	46.95	39.73	9.16	6.5	7.56
Cash & Short-Term Investments	182.64	184.02	208.21	222.82	275.42	195.07
Cash Growth	-27.97%	-11.62%	-6.56%	-19.10%	41.19%	-57.09%
Accounts Receivable	90.31	76.13	76.1	62.95	51.28	50.17
Other Receivables	-	-	-	-	0.31	1.43
Receivables	90.31	76.13	76.1	62.95	51.59	51.6
Prepaid Expenses	29.05	20.84	20.03	19.07	17.86	-
Restricted Cash	11.87	9.08	12.94	13.29	9.79	14.01
Other Current Assets	14.42	14.87	11.79	10.93	13.12	25.45
Total Current Assets	328.29	304.94	329.07	329.06	367.79	286.12
Property, Plant & Equipment	209.97	214.92	237.73	258.09	300.18	279.54
Long-Term Investments	31.28	31.2	19.36	30.4	42.54	46.07
Goodwill	1,210	1,207	1,252	1,251	1,286	1,319
Other Intangible Assets	245.45	245.1	251.62	260.54	276.38	326.42
Long-Term Accounts Receivable	6.22	7.04	2.52	2.67	2.47	3.59
Long-Term Deferred Charges	21.95	18.33	12.81	7.51	5.96	6.39
Other Long-Term Assets	21.35	21.33	20.22	22.2	24.72	29.16
Total Assets	2,074	2,050	2,125	2,162	2,306	2,296
Accounts Payable	57.98	55.73	49.25	45.83	45.34	64.05
Accrued Expenses	44.69	46.02	41.64	44.76	50.18	40.69
Current Portion of Leases	20.08	22.22	24.19	23.88	27.01	34.81
Current Income Taxes Payable	10.19	2.93	2.2	6.99	-	-
Current Unearned Revenue	126.51	89.56	92.34	88.49	73.23	60.5
Total Current Liabilities	259.44	216.46	209.62	209.94	195.76	200.05
Long-Term Debt	-	-	61.4	101.4	141.63	141.82
Long-Term Leases	99.41	103	127.74	134.01	162.82	106.15
Long-Term Unearned Revenue	35.4	34.51	37.19	36.54	34.7	34.87
Long-Term Deferred Tax Liabilities	30.7	27.59	28.34	34.61	44.6	53.41
Other Long-Term Liabilities	5.95	5.68	8.42	9.47	12.39	11.19
Total Liabilities	430.9	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	1,503	1,532	1,518	1,511	1,530	1,520
Retained Earnings	225.44	218.41	168.87	159.69	174.57	179.65
Comprehensive Income & Other	-85.22	-88.57	-34.25	-35.07	9.2	48.88
Shareholders' Equity	1,643	1,662	1,653	1,636	1,714	1,748
Total Liabilities & Equity	2,074	2,050	2,125	2,162	2,306	2,296
Total Debt	119.48	125.23	213.33	259.28	331.46	282.78
Net Cash (Debt)	78.14	73.78	-4.63	-23.34	-32.66	-57.45
Net Cash Growth	48.44%	-	-	-	-	-
Net Cash Per Share	3.24	3.06	-0.19	-0.97	-1.35	-2.51
Filing Date Shares Outstanding	23.92	24.26	24.16	24.16	24.35	24.16
Total Common Shares Outstanding	24.02	24.16	24.16	24.16	24.35	24.17
Working Capital	68.85	88.48	119.45	119.12	172.03	86.07
Book Value Per Share	68.42	68.81	68.39	67.71	70.40	72.32
Tangible Book Value	188.15	210.52	149.01	123.97	151.75	103.37
Tangible Book Value Per Share	7.83	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

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q