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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Stride Inventory

32.2 Million

  
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.

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

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.

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.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 Total565.7M543.8M528.2M554.6M
Total Assets1.6B1.8B1.9B2.0B

Stride balance sheet Correlations

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0.640.790.80.940.670.90.790.710.570.890.690.890.840.540.77-0.180.760.490.740.850.630.690.890.88-0.29
0.70.940.780.690.670.540.60.420.890.620.960.870.770.930.93-0.110.790.630.480.820.770.950.670.74-0.2
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0.610.690.690.690.790.60.640.590.520.690.620.710.620.450.73-0.030.710.590.950.740.420.660.590.8-0.08
0.020.690.880.540.710.420.790.590.610.490.540.760.750.480.69-0.160.840.090.720.840.70.610.820.45-0.18
0.320.930.880.540.570.890.450.520.610.460.940.830.840.970.93-0.20.880.290.510.860.80.960.680.5-0.32
0.690.690.660.910.890.620.740.690.490.460.670.770.750.490.68-0.240.650.510.640.730.470.610.680.82-0.33
0.560.970.880.730.690.960.530.620.540.940.670.90.870.970.97-0.190.890.50.570.90.760.990.680.69-0.33
0.560.970.950.850.890.870.830.710.760.830.770.90.930.820.95-0.180.920.510.670.970.850.910.910.8-0.26
0.380.90.920.820.840.770.710.620.750.840.750.870.930.80.87-0.30.890.250.630.930.730.850.870.65-0.47
0.420.930.830.570.540.930.420.450.480.970.490.970.820.80.92-0.170.840.390.410.830.790.970.610.53-0.29
0.540.990.940.730.770.930.660.730.690.930.680.970.950.870.92-0.140.950.530.70.960.820.990.780.74-0.25
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0.340.950.990.710.760.790.710.710.840.880.650.890.920.890.840.95-0.160.390.750.990.810.930.790.65-0.26
0.840.520.340.530.490.630.490.590.090.290.510.50.510.250.390.530.390.390.390.430.430.50.30.720.42
0.380.660.740.620.740.480.60.950.720.510.640.570.670.630.410.7-0.090.750.390.760.380.620.580.67-0.17
0.430.960.990.790.850.820.780.740.840.860.730.90.970.930.830.96-0.180.990.430.760.820.920.860.72-0.28
0.330.850.840.550.630.770.760.420.70.80.470.760.850.730.790.82-0.150.810.430.380.820.810.790.490.04
0.510.990.910.670.690.950.570.660.610.960.610.990.910.850.970.99-0.140.930.50.620.920.810.710.67-0.25
0.40.810.860.760.890.670.890.590.820.680.680.680.910.870.610.78-0.180.790.30.580.860.790.710.69-0.28
0.860.740.650.90.880.740.730.80.450.50.820.690.80.650.530.74-0.030.650.720.670.720.490.670.69-0.2
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Click cells to compare fundamentals

Stride Account Relationship Matchups

Stride balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding40.7M41.9M42.4M42.7M43.5M34.4M
Total Assets1.1B1.6B1.6B1.8B1.9B2.0B
Short Long Term Debt Total235.2M466.3M565.7M543.8M528.2M554.6M
Other Current Liab74.6M110.0M86.0M84.0M83.8M49.8M
Total Current Liabilities273.4M306.2M302.1M309.1M244.3M145.8M
Total Stockholder Equity675.3M804.6M812.6M947.3M1.2B1.2B
Property Plant And Equipment Net150.4M166.7M147.0M121.8M105.4M68.4M
Current Deferred Revenue24.4M38.1M53.6M76.2M35.7M25.9M
Net Debt22.9M80.2M176.3M133.0M27.6M29.0M
Retained Earnings47.0M112.2M227.5M354.3M558.5M586.4M
Accounts Payable40.4M62.1M62.0M48.9M41.0M31.5M
Cash212.3M386.1M389.4M410.8M500.6M525.6M
Non Current Assets Total572.0M719.8M693.0M695.5M675.0M708.8M
Non Currrent Assets Other71.8M105.5M93.9M105.9M98.4M103.3M
Cash And Short Term Investments212.3M386.1M389.4M410.8M692.3M726.9M
Net Receivables236.1M369.3M418.6M463.7M472.8M496.4M
Liabilities And Stockholders Equity1.1B1.6B1.6B1.8B1.9B2.0B
Non Current Liabilities Total124.5M466.4M528.9M504.2M500.2M525.2M
Inventory28.3M39.7M36.0M36.7M36.7M32.2M
Other Current Assets11.5M62.5M106.6M154.0M43.7M30.8M
Total Liab397.9M772.6M831.0M813.4M744.4M781.7M
Property Plant And Equipment Gross150.4M166.7M147.0M121.8M217.9M228.8M
Total Current Assets501.3M857.5M950.5M1.1B1.2B1.3B
Short Term Debt134.0M96.0M100.4M100.1M83.8M88.0M
Intangible Assets174.8M207.2M211.0M209.0M195.5M125.0M
Other Liab23.3M48.1M13.4M10.5M12.1M18.5M
Other Assets116.5M155.9M114.3M109.9M126.4M65.9M
Property Plant Equipment150.4M166.7M61.5M52.3M60.2M56.2M
Other Stockholder Equity628.3M693.0M585.0M593.0M617.6M559.5M
Accumulated Other Comprehensive Income93K(474K)143K(35K)(42K)(44.1K)
Good Will174.9M240.4M241.0M246.7M283.7M297.9M
Net Tangible Assets374.4M407.5M360.5M491.6M565.3M419.1M
Retained Earnings Total Equity47.0M112.2M227.5M354.3M407.5M427.9M
Long Term Debt Total4.6M299.3M411.4M413.0M475.0M498.7M
Capital Surpluse730.8M795.4M687.5M695.5M799.8M739.0M

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

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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.
Pair CorrelationCorrelation Matching
When determining whether Stride Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stride's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stride Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stride Inc Stock:
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.