Can Strategic Education, Inc. cover its short-term obligations?

Its current ratio is 1.16 — current assets exceed current liabilities.

Where does Strategic Education, Inc.'s balance sheet data come from?

Every line is extracted from Strategic Education, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Strategic Education, Inc. STRA Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$149.51M+1.9%	$146.66M-19.4%	$181.93M-20.0%	$227.45M-18.5%
Short-term investments	$7.3M-84.5%	$46.95M+18.2%	$39.73M+334%	$9.16M+40.8%
Restricted cash	$8.25M-9.1%	$9.08M-29.8%	$12.94M-2.6%	$13.29M—
Accounts receivable, net	$127.63M+0.5%	$127.01M+3.0%	$123.36M+12.1%	$110.07M+10.0%
Income taxes receivable	$2.51M—	$0—	——	$0-100%
Total current assets	$277.86M-8.9%	$304.94M-7.3%	$329.07M0.0%	$329.06M-10.5%
Property and equipment, net	$107.37M-3.5%	$111.25M-6.1%	$118.53M-10.8%	$132.85M-11.8%
Operating lease right-of-use assets	$91.14M-12.1%	$103.67M-13.0%	$119.2M-4.8%	$125.25M-16.3%
Goodwill	$1.24B+2.9%	$1.21B-3.6%	$1.25B0.0%	$1.25B-2.7%
Intangible assets, net	$249.24M+1.7%	$245.1M-2.6%	$251.62M-3.4%	$260.54M-5.7%
Deferred tax assets	$35.84M+29.9%	$27.59M-2.7%	$28.34M-18.1%	$34.61M-22.4%
Other non-current assets	$4.98M+2.8%	$4.84M+36.6%	$3.54M-11.5%	$4.01M-17.7%
Equity method investments	$9.47M-29.5%	$13.43M-16.4%	$16.07M+15.8%	$13.88M-10.9%
Held-to-maturity securities	$12.3M-80.0%	$61.43M—	——	$0—
Allowance for credit losses	——	——	——	——
Total assets	$2.04B-0.5%	$2.05B-3.6%	$2.13B-1.7%	$2.16B-6.3%
Accounts payable	$105.79M+4.0%	$101.75M+11.9%	$90.89M+0.3%	$90.59M-5.2%
Deferred revenue	$96.25M+7.5%	$89.56M-3.0%	$92.34M+4.4%	$88.49M+20.8%
Operating lease liabilities, current	$15.91M-28.4%	$22.22M-8.1%	$24.19M+1.3%	$23.88M-11.6%
Contract liabilities	$35.58M+3.1%	$34.51M-7.2%	$37.19M+1.8%	$36.54M+5.3%
Total current liabilities	$217.94M+0.7%	$216.46M+3.3%	$209.62M-0.2%	$209.94M+7.2%
Operating lease liabilities, non-current	$93.22M-9.5%	$103M-19.4%	$127.74M-4.7%	$134.01M-17.7%
Asset retirement obligations	$3.87M-0.1%	$3.88M-25.8%	$5.23M-16.8%	$6.28M-31.1%
Other non-current liabilities	$45.14M+12.3%	$40.19M-11.9%	$45.6M-0.9%	$46.01M-2.3%
Total liabilities	$392.13M+1.3%	$387.24M-18.1%	$472.7M-10.1%	$525.96M-11.1%
Common stock	32M+12,961%	245K+0.4%	244K0.0%	244K-0.8%
Additional paid-in capital	$1.44B-6.2%	$1.53B+1.0%	$1.52B+0.4%	$1.51B-1.2%
Retained earnings	$255.5M+17.0%	$218.41M+29.3%	$168.87M+5.7%	$159.69M-8.5%
Accumulated other comprehensive income (loss)	-$46.12M+47.9%	-$88.57M-159%	-$34.2M+2.6%	-$35.1M-482%
Total stockholders' equity	$1.65B-1.0%	$1.66B+0.6%	$1.65B+1.0%	$1.64B-4.6%
Total liabilities and stockholders' equity	$2.04B-0.5%	$2.05B-3.6%	$2.13B-1.7%	$2.16B-6.3%
Available-for-Sale Debt Securities - Fair Value (Maturing Within 1 Year)	$7.3M-84.3%	$46.45M+70.9%	$27.18M—	$0—
Available-for-Sale Debt Securities - Unrealized Loss Position (>=12 Months)	——	——	——	——
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)	——	——	——	——
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value	——	——	——	——
Allowance for Doubtful Accounts	$49.43M-2.9%	$50.89M+7.7%	$47.26M+0.3%	$47.11M-3.4%
Allowance for Doubtful Accounts Receivable (Current)	$49.43M-2.9%	$50.89M+7.7%	$47.26M+0.3%	$47.11M-3.4%
Capitalized Contract Costs, Current	$4.71M+44.7%	$3.26M—	——	——
Deferred costs	$4.71M+44.7%	$3.26M—	——	——
Short- term Investments	$7.3M-84.5%	$46.95M+18.2%	$39.73M+334%	$9.16M—
Other current assets	$49.09M+9.6%	$44.79M+0.1%	$44.76M+3.4%	$43.29M+6.2%
Available-for-Sale Securities (Non-Current)	$5M-66.6%	$14.98M+3,002%	$483K-96.3%	$13.12M—
Deferred Tax Assets and Other Non-Current Assets	$65.51M+4.1%	$62.91M+15.6%	$54.42M+9.6%	$49.65M-5.1%
Held-to-Maturity Debt Securities - Fair Value	$12.34M-79.9%	$61.42M—	$0—	$0—
Held-to-Maturity Debt Securities - Maturing 1 to 5 Years	$5M-66.6%	$14.98M—	$0—	$0—
Allowance for Credit Losses on Held-to-Maturity Securities	——	——	——	——
Long-term receivables, net	$6.22M-11.7%	$7.04M+180%	$2.52M-5.9%	$2.67M+8.4%
Net Investment in Lease	$91.14M-12.1%	$103.67M-13.0%	$119.2M-4.8%	$125.25M-16.3%
Deferred costs	$2.15M+166%	$808K—	——	——
Other intangible assets—net	$249.24M+1.7%	$245.1M-2.6%	$251.62M-3.4%	$260.54M-5.7%
Long- term Investments	$5M-66.6%	$14.98M+3,002%	$483K-96.3%	$13.12M—
Operating lease right-of-use assets	$91.14M-12.1%	$103.67M-13.0%	$119.2M-4.8%	$125.25M-16.3%
Other non-current assets	$65.51M+4.1%	$62.91M+15.6%	$54.42M+9.6%	$49.65M-5.1%
Strategic investments	$2.79M0.0%	$2.79M-0.7%	$2.81M-17.4%	$3.4M-5.0%
Operating Lease Right-of-Use Assets in Other Assets	$91.14M-12.1%	$103.67M-13.0%	$119.2M-4.8%	$125.25M-16.3%
Other Investments	$2.79M0.0%	$2.79M-0.7%	$2.81M-17.4%	$3.4M-5.0%
Software and Technology Licenses, Net	$65.51M+4.1%	$62.91M+15.6%	$54.42M+9.6%	$49.65M-5.1%
Accrued Progress Collections and Price Adjustments	$35.58M+3.1%	$34.51M-7.2%	$37.19M+1.8%	$36.54M+5.3%
Accounts payable and other current liabilities (Note 11)	$105.79M+4.0%	$101.75M+11.9%	$90.89M+0.3%	$90.59M-5.2%
Contract Liabilities, Non-Current	$35.58M+3.1%	$34.51M-7.2%	$37.19M+1.8%	$36.54M+5.3%
Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $159 and $183)	$105.79M+4.0%	$101.75M+11.9%	$90.89M+0.3%	$90.59M-5.2%
Deferred revenue, net of current portion	$35.58M+3.1%	$34.51M-7.2%	$37.19M+1.8%	$36.54M+5.3%
Total debt	$109.12M-12.9%	$125.23M-41.3%	$213.33M-17.7%	$259.28M-21.8%
Unrecognized Tax Benefits	$0—	$0-100%	$900K0.0%	$900K-10.0%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss	——	——	——	——
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	23M-6.3%	24.5M+0.4%	24.4M0.0%	24.4M-0.8%
Convertible Preferred Stock Authorized Shares	8M0.0%	8M0.0%	8M0.0%	8M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Cumulative Gross Losses and Impairments	$0-100%	$26K—	——	——
Cumulative Gross Unrealized Gains	$42K+133%	$18K—	——	——
Additional paid-in capital	$1.44B-6.2%	$1.53B+1.0%	$1.52B+0.4%	$1.51B-1.2%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$230K-6.1%	$245K+0.4%	$244K0.0%	$244K-0.8%
Accounts Payable, Trade	$55.99M+0.5%	$55.73M+13.2%	$49.25M+7.5%	$45.83M+1.1%
Accrued Compensation and Benefits	$42.08M+8.3%	$38.84M+11.0%	$34.99M+7.3%	$32.61M+18.9%
Accrued student obligations and other	$7.72M+7.7%	$7.17M+7.8%	$6.65M-45.3%	$12.15M-46.6%
Accounts Receivable, Allowance for Credit Loss	$45.47M-1.6%	$46.19M-3.0%	$47.61M0.0%	$47.59M-2.5%
Allowance for doubtful accounts	$49.43M-2.9%	$50.89M+7.7%	$47.26M+0.3%	$47.11M-3.4%
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$32M0.0%	$32M0.0%	$32M0.0%	$32M0.0%
Common stock, shares issued (in shares)	$22.97M-6.3%	$24.5M+0.4%	$24.41M0.0%	$24.4M-0.8%
Common Stock, Shares, Outstanding	$22.97M-6.3%	$24.5M+0.4%	$24.41M0.0%	$24.4M-0.8%
Contract With Customer, Liability, Current, Learn And Earn Scholarship	$38.13M+2.7%	$37.12M-16.6%	$44.48M—	——
Contract With Customer, Liability, Current, Tuition Cap	$18.48M+26.0%	$14.67M+24.3%	$11.8M—	——
Debt Securities, Available-for-Sale, Allowance for Credit Loss	——	——	——	——
12 months or more	——	——	——	——
Debt Securities, Held-to-Maturity, Allowance for Credit Loss	——	——	——	——
Deferred income taxes	$35.84M+29.9%	$27.59M-2.7%	$28.34M-18.1%	$34.61M-22.4%
Equity method investments (Note 11)	$9.47M-29.5%	$13.43M-16.4%	$16.07M+15.8%	$13.88M-10.9%
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss	$0-100%	$26K—	——	——
Debt Securities, Held-to-maturity, Accumulated Unrecognized Gain	$42K+133%	$18K—	——	——
Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Fair Value	$12.3M-80.0%	$61.43M+126%	$27.18M—	$0—
Cloud computing arrangements	$11.07M+17.8%	$9.4M+36.9%	$6.87M-12.6%	$7.86M—
Cloud computing arrangements	$24.94M+36.1%	$18.33M+43.1%	$12.81M+70.6%	$7.51M+26.0%
Tax receivable within other current assets	$2.51M—	$0—	——	$0-100%
Other	$2.08M-6.0%	$2.21M-55.0%	$4.92M+60.3%	$3.07M—
Other	$5.69M+215%	$1.81M-43.4%	$3.19M+0.2%	$3.18M-2.5%
Preferred Stock, Shares Authorized	$8M0.0%	$8M0.0%	$8M0.0%	$8M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Prepaid expenses	$22.97M+10.2%	$20.84M+4.1%	$20.03M+5.0%	$19.07M—
Prepaid ship and debits	$14.97M-4.5%	$15.68M-6.0%	$16.68M-8.3%	$18.19M-8.4%
Unrecognized tax benefits	$0—	$0-100%	$900K0.0%	$900K-10.0%

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Questions, answered.

Can Strategic Education, Inc. cover its short-term obligations?: Its current ratio is 1.16 — current assets exceed current liabilities.
Where does Strategic Education, Inc.'s balance sheet data come from?: Every line is extracted from Strategic Education, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.