Stride Inc Stock Total Asset
LRN Stock | USD 103.95 1.15 1.12% |
Stride Inc fundamentals help investors to digest information that contributes to Stride's financial success or failures. It also enables traders to predict the movement of Stride Stock. The fundamental analysis module provides a way to measure Stride's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Stride stock.
Last Reported | Projected for Next Year | ||
Total Assets | 1.9 B | 2 B | |
Intangibles To Total Assets | 0.23 | 0.18 |
Stride | Total Asset |
Stride Inc Company Total Asset Analysis
Stride's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Stride Total Asset | 1.92 B |
Most of Stride's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Stride Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Stride Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Stride is extremely important. It helps to project a fair market value of Stride Stock properly, considering its historical fundamentals such as Total Asset. Since Stride's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Stride's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Stride's interrelated accounts and indicators.
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Stride Total Asset Historical Pattern
Today, most investors in Stride Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Stride's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Stride total asset as a starting point in their analysis.
Stride Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Stride Total Assets
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Based on the latest financial disclosure, Stride Inc has a Total Asset of 1.92 B. This is 92.22% lower than that of the Diversified Consumer Services sector and 106.74% higher than that of the Consumer Discretionary industry. The total asset for all United States stocks is 93.48% higher than that of the company.
Stride Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Stride's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Stride could also be used in its relative valuation, which is a method of valuing Stride by comparing valuation metrics of similar companies.Stride is currently under evaluation in total asset category among its peers.
Stride Current Valuation Drivers
We derive many important indicators used in calculating different scores of Stride from analyzing Stride's financial statements. These drivers represent accounts that assess Stride's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Stride's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.1B | 1.3B | 1.7B | 1.6B | 2.9B | 3.1B | |
Enterprise Value | 1.1B | 1.4B | 1.9B | 1.7B | 3.0B | 3.1B |
Stride ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Stride's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Stride's managers, analysts, and investors.Environmental | Governance | Social |
Stride Institutional Holders
Institutional Holdings refers to the ownership stake in Stride that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Stride's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Stride's value.Shares | Rice Hall James & Associates, Llc | 2024-09-30 | 831.9 K | Victory Capital Management Inc. | 2024-09-30 | 827.5 K | American Century Companies Inc | 2024-09-30 | 780.2 K | Rockefeller Capital Management L.p. | 2024-06-30 | 748.5 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 647.6 K | Lord, Abbett & Co Llc | 2024-06-30 | 644.6 K | Bank Of America Corp | 2024-06-30 | 624.7 K | Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 615.4 K | Palisade Capital Management Llc | 2024-09-30 | 577.9 K | Blackrock Inc | 2024-06-30 | 6.3 M | Vanguard Group Inc | 2024-09-30 | 4.6 M |
Stride Fundamentals
Return On Equity | 0.22 | ||||
Return On Asset | 0.0981 | ||||
Profit Margin | 0.11 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 4.55 B | ||||
Shares Outstanding | 43.59 M | ||||
Shares Owned By Insiders | 3.01 % | ||||
Shares Owned By Institutions | 96.99 % | ||||
Number Of Shares Shorted | 5.05 M | ||||
Price To Earning | 22.55 X | ||||
Price To Book | 3.71 X | ||||
Price To Sales | 2.14 X | ||||
Revenue | 2.04 B | ||||
Gross Profit | 647.07 M | ||||
EBITDA | 249.6 M | ||||
Net Income | 204.18 M | ||||
Cash And Equivalents | 410.81 M | ||||
Cash Per Share | 10.86 X | ||||
Total Debt | 528.21 M | ||||
Debt To Equity | 0.70 % | ||||
Current Ratio | 3.15 X | ||||
Book Value Per Share | 28.34 X | ||||
Cash Flow From Operations | 278.8 M | ||||
Short Ratio | 2.66 X | ||||
Earnings Per Share | 5.52 X | ||||
Price To Earnings To Growth | 0.74 X | ||||
Target Price | 95.2 | ||||
Number Of Employees | 7.8 K | ||||
Beta | 0.27 | ||||
Market Capitalization | 4.51 B | ||||
Total Asset | 1.92 B | ||||
Retained Earnings | 558.51 M | ||||
Working Capital | 1 B | ||||
Current Asset | 445.86 M | ||||
Current Liabilities | 123.01 M | ||||
Net Asset | 1.92 B |
About Stride Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Stride Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stride using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stride Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Stride
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stride position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stride will appreciate offsetting losses from the drop in the long position's value.Moving against Stride Stock
0.56 | EDU | New Oriental Education | PairCorr |
0.54 | YQ | 17 Education Technology | PairCorr |
0.49 | WAFU | Wah Fu Education | PairCorr |
The ability to find closely correlated positions to Stride could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stride when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stride - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stride Inc to buy it.
The correlation of Stride is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stride moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stride Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Stride can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Stride Piotroski F Score and Stride Altman Z Score analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stride. If investors know Stride will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stride listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.083 | Earnings Share 5.52 | Revenue Per Share 49.416 | Quarterly Revenue Growth 0.478 | Return On Assets 0.0981 |
The market value of Stride Inc is measured differently than its book value, which is the value of Stride that is recorded on the company's balance sheet. Investors also form their own opinion of Stride's value that differs from its market value or its book value, called intrinsic value, which is Stride's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stride's market value can be influenced by many factors that don't directly affect Stride's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stride's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.