Stride Historical Balance Sheet
LRN Stock | USD 103.95 1.15 1.12% |
Trend analysis of Stride Inc balance sheet accounts such as Other Current Liab of 49.8 M provides information on Stride's total assets, liabilities, and equity, which is the actual value of Stride Inc to its prevalent stockholders. By breaking down trends over time using Stride balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Stride Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Stride Inc is a good buy for the upcoming year.
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About Stride Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Stride Inc at a specified time, usually calculated after every quarter, six months, or one year. Stride Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Stride and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Stride currently owns. An asset can also be divided into two categories, current and non-current.
Stride Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Stride assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Stride Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most accounts from Stride's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Stride Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Stride's Non Current Assets Total are very stable compared to the past year. As of the 22nd of November 2024, Non Currrent Assets Other is likely to grow to about 103.3 M, while Common Stock Shares Outstanding is likely to drop about 34.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 565.7M | 543.8M | 528.2M | 554.6M | Total Assets | 1.6B | 1.8B | 1.9B | 2.0B |
Stride balance sheet Correlations
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Stride Account Relationship Matchups
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Stride balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 40.7M | 41.9M | 42.4M | 42.7M | 43.5M | 34.4M | |
Total Assets | 1.1B | 1.6B | 1.6B | 1.8B | 1.9B | 2.0B | |
Short Long Term Debt Total | 235.2M | 466.3M | 565.7M | 543.8M | 528.2M | 554.6M | |
Other Current Liab | 74.6M | 110.0M | 86.0M | 84.0M | 83.8M | 49.8M | |
Total Current Liabilities | 273.4M | 306.2M | 302.1M | 309.1M | 244.3M | 145.8M | |
Total Stockholder Equity | 675.3M | 804.6M | 812.6M | 947.3M | 1.2B | 1.2B | |
Property Plant And Equipment Net | 150.4M | 166.7M | 147.0M | 121.8M | 105.4M | 68.4M | |
Current Deferred Revenue | 24.4M | 38.1M | 53.6M | 76.2M | 35.7M | 25.9M | |
Net Debt | 22.9M | 80.2M | 176.3M | 133.0M | 27.6M | 29.0M | |
Retained Earnings | 47.0M | 112.2M | 227.5M | 354.3M | 558.5M | 586.4M | |
Accounts Payable | 40.4M | 62.1M | 62.0M | 48.9M | 41.0M | 31.5M | |
Cash | 212.3M | 386.1M | 389.4M | 410.8M | 500.6M | 525.6M | |
Non Current Assets Total | 572.0M | 719.8M | 693.0M | 695.5M | 675.0M | 708.8M | |
Non Currrent Assets Other | 71.8M | 105.5M | 93.9M | 105.9M | 98.4M | 103.3M | |
Cash And Short Term Investments | 212.3M | 386.1M | 389.4M | 410.8M | 692.3M | 726.9M | |
Net Receivables | 236.1M | 369.3M | 418.6M | 463.7M | 472.8M | 496.4M | |
Liabilities And Stockholders Equity | 1.1B | 1.6B | 1.6B | 1.8B | 1.9B | 2.0B | |
Non Current Liabilities Total | 124.5M | 466.4M | 528.9M | 504.2M | 500.2M | 525.2M | |
Inventory | 28.3M | 39.7M | 36.0M | 36.7M | 36.7M | 32.2M | |
Other Current Assets | 11.5M | 62.5M | 106.6M | 154.0M | 43.7M | 30.8M | |
Total Liab | 397.9M | 772.6M | 831.0M | 813.4M | 744.4M | 781.7M | |
Property Plant And Equipment Gross | 150.4M | 166.7M | 147.0M | 121.8M | 217.9M | 228.8M | |
Total Current Assets | 501.3M | 857.5M | 950.5M | 1.1B | 1.2B | 1.3B | |
Short Term Debt | 134.0M | 96.0M | 100.4M | 100.1M | 83.8M | 88.0M | |
Intangible Assets | 174.8M | 207.2M | 211.0M | 209.0M | 195.5M | 125.0M | |
Other Liab | 23.3M | 48.1M | 13.4M | 10.5M | 12.1M | 18.5M | |
Other Assets | 116.5M | 155.9M | 114.3M | 109.9M | 126.4M | 65.9M | |
Property Plant Equipment | 150.4M | 166.7M | 61.5M | 52.3M | 60.2M | 56.2M | |
Other Stockholder Equity | 628.3M | 693.0M | 585.0M | 593.0M | 617.6M | 559.5M | |
Accumulated Other Comprehensive Income | 93K | (474K) | 143K | (35K) | (42K) | (44.1K) | |
Good Will | 174.9M | 240.4M | 241.0M | 246.7M | 283.7M | 297.9M | |
Net Tangible Assets | 374.4M | 407.5M | 360.5M | 491.6M | 565.3M | 419.1M | |
Retained Earnings Total Equity | 47.0M | 112.2M | 227.5M | 354.3M | 407.5M | 427.9M | |
Long Term Debt Total | 4.6M | 299.3M | 411.4M | 413.0M | 475.0M | 498.7M | |
Capital Surpluse | 730.8M | 795.4M | 687.5M | 695.5M | 799.8M | 739.0M |
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.