Strategic Education Inc (STRA) — Tangible Net Worth Ratio
Strategic Education Inc (STRA) has a Tangible Net Worth Ratio of 85.0% as of September 2025. This metric is calculated by deducting intangible assets ($248.93 Million) from net assets ($1.66 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore STRA net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Strategic Education Inc Tangible Net Worth Ratio (1996–2024)
This chart shows how Strategic Education Inc's Tangible Net Worth Ratio has changed across 28 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 85.0%, reflecting net assets of $1.66 Billion with intangible assets of $248.93 Million USD. For live market cap and overall valuation, see Strategic Education Inc market cap and net worth.
Annual Tangible Net Worth Ratio for Strategic Education Inc (1996–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Strategic Education Inc from 1996 to 2024, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Strategic Education Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 85.3% | $1.66 Billion | $245.10 Million | $2.05 Billion | ▲ +0.5 pp |
| 2023 | 84.8% | $1.65 Billion | $251.62 Million | $2.13 Billion | ▲ +0.7 pp |
| 2022 | 84.1% | $1.64 Billion | $260.54 Million | $2.16 Billion | ▲ +0.2 pp |
| 2021 | 83.9% | $1.71 Billion | $276.38 Million | $2.31 Billion | ▲ +2.5 pp |
| 2020 | 81.3% | $1.75 Billion | $326.42 Million | $2.30 Billion | ▼ 0.0 pp |
| 2019 | 81.3% | $1.46 Billion | $273.01 Million | $1.79 Billion | ▲ +4.4 pp |
| 2018 | 77.0% | $1.43 Billion | $328.34 Million | $1.66 Billion | ▼ -19.6 pp |
| 2017 | 96.5% | $209.20 Million | $7.26 Million | $321.28 Million | ▲ +7.5 pp |
| 2016 | 89.0% | $188.37 Million | $20.74 Million | $298.70 Million | ▼ -6.3 pp |
| 2015 | 95.2% | $142.86 Million | $6.80 Million | $248.43 Million | ▲ +4.3 pp |
| 2014 | 90.9% | $92.73 Million | $8.40 Million | $307.81 Million | ▲ +12.5 pp |
| 2013 | 78.4% | $38.90 Million | $8.40 Million | $254.27 Million | ▼ -1.1 pp |
| 2012 | 79.5% | $40.99 Million | $8.40 Million | $227.79 Million | ▼ -0.6 pp |
| 2011 | 80.1% | $42.29 Million | $8.40 Million | $231.13 Million | ▼ -19.9 pp |
| 2010 | 100.0% | $176.00 Million | $0.00 | $412.77 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $189.82 Million | $0.00 | $385.81 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $176.08 Million | $0.00 | $324.56 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $188.51 Million | $0.00 | $343.78 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $171.53 Million | $0.00 | $270.84 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $151.84 Million | $0.00 | $225.84 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $148.92 Million | $0.00 | $210.11 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $32.98 Million | $0.00 | $182.56 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $6.38 Million | $0.00 | $140.12 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $97.74 Million | $0.00 | $119.14 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $81.10 Million | $0.00 | $98.10 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $81.60 Million | $0.00 | $97.10 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $65.10 Million | $0.00 | $78.30 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $35.40 Million | $0.00 | $47.80 Million | — |