Strategic Education Inc (STRA) — Working Capital to Net Assets Ratio
Strategic Education Inc (STRA) has a Working Capital to Net Assets ratio of 2.9% as of September 2025. Working capital of $47.49 Million (current assets of $330.98 Million minus current liabilities of $283.48 Million) is measured against net assets of $1.66 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Strategic Education Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Strategic Education Inc Working Capital to Net Assets (1996–2024)
This chart shows how Strategic Education Inc's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 2.9%, reflecting working capital of $47.49 Million against net assets of $1.66 Billion USD. For the complete balance sheet picture, see STRA asset base.
Annual Working Capital to Net Assets for Strategic Education Inc (1996–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Strategic Education Inc from 1996 to 2024, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Strategic Education Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 5.3% | $88.48 Million | $1.66 Billion | $304.94 Million | $216.46 Million | ▼ -1.9 pp |
| 2023 | 7.2% | $119.45 Million | $1.65 Billion | $329.07 Million | $209.62 Million | ▼ -0.1 pp |
| 2022 | 7.3% | $119.12 Million | $1.64 Billion | $329.06 Million | $209.94 Million | ▼ -2.8 pp |
| 2021 | 10.0% | $172.03 Million | $1.71 Billion | $367.79 Million | $195.75 Million | ▲ +5.1 pp |
| 2020 | 4.9% | $86.07 Million | $1.75 Billion | $286.12 Million | $200.05 Million | ▼ -20.2 pp |
| 2019 | 25.1% | $367.35 Million | $1.46 Billion | $524.09 Million | $156.75 Million | ▲ +4.4 pp |
| 2018 | 20.7% | $295.23 Million | $1.43 Billion | $420.36 Million | $125.13 Million | ▼ -37.3 pp |
| 2017 | 58.0% | $121.28 Million | $209.20 Million | $190.35 Million | $69.07 Million | ▲ +4.5 pp |
| 2016 | 53.5% | $100.70 Million | $188.37 Million | $160.54 Million | $59.84 Million | ▼ -3.4 pp |
| 2015 | 56.8% | $81.21 Million | $142.86 Million | $138.80 Million | $57.59 Million | ▼ -94.5 pp |
| 2014 | 151.3% | $140.32 Million | $92.73 Million | $196.65 Million | $56.34 Million | ▼ -59.9 pp |
| 2013 | 211.3% | $82.18 Million | $38.90 Million | $127.34 Million | $45.16 Million | ▲ +97.5 pp |
| 2012 | 113.8% | $46.63 Million | $40.99 Million | $89.66 Million | $43.02 Million | ▲ +72.4 pp |
| 2011 | 41.3% | $17.48 Million | $42.29 Million | $94.67 Million | $77.18 Million | ▲ +6.0 pp |
| 2010 | 35.3% | $62.20 Million | $176.00 Million | $286.32 Million | $224.12 Million | ▼ -20.4 pp |
| 2009 | 55.7% | $105.73 Million | $189.82 Million | $289.98 Million | $184.24 Million | ▼ -8.3 pp |
| 2008 | 64.0% | $112.68 Million | $176.08 Million | $249.50 Million | $136.82 Million | ▼ -5.9 pp |
| 2007 | 69.9% | $131.73 Million | $188.51 Million | $276.08 Million | $144.35 Million | ▼ -1.4 pp |
| 2006 | 71.2% | $122.20 Million | $171.53 Million | $213.83 Million | $91.63 Million | ▼ -1.8 pp |
| 2005 | 73.0% | $110.89 Million | $151.84 Million | $178.32 Million | $67.44 Million | ▼ -2.7 pp |
| 2004 | 75.7% | $112.73 Million | $148.92 Million | $168.13 Million | $55.41 Million | ▼ -211.6 pp |
| 2003 | 287.3% | $94.76 Million | $32.98 Million | $145.76 Million | $51.00 Million | ▼ -589.5 pp |
| 2002 | 876.9% | $55.90 Million | $6.38 Million | $93.79 Million | $37.89 Million | ▲ +950.9 pp |
| 2001 | -74.0% | $49.85 Million | $-67.37 Million | $78.60 Million | $28.75 Million | ▼ -101.3 pp |
| 2000 | 27.4% | $26.74 Million | $97.74 Million | $48.14 Million | $21.39 Million | ▲ +4.9 pp |
| 1999 | 22.4% | $18.20 Million | $81.10 Million | $35.10 Million | $16.90 Million | ▼ -6.1 pp |
| 1998 | 28.6% | $23.30 Million | $81.60 Million | $38.50 Million | $15.20 Million | ▼ -3.1 pp |
| 1997 | 31.6% | $20.60 Million | $65.10 Million | $33.60 Million | $13.00 Million | ▼ -12.4 pp |
| 1996 | 44.1% | $15.60 Million | $35.40 Million | $27.80 Million | $12.20 Million | — |