Stride Debt Ratio from 2010 to 2024

LRN Stock  USD 106.87  0.17  0.16%   
Stride Debt Ratio yearly trend continues to be very stable with very little volatility. Debt Ratio is likely to grow to 0.25 this year. During the period from 2010 to 2024, Stride Debt Ratio quarterly data regression pattern had sample variance of  0.01 and median of  0.03. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.23773878
Current Value
0.25
Quarterly Volatility
0.10780309
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Stride financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stride's main balance sheet or income statement drivers, such as Depreciation And Amortization of 115.2 M, Interest Expense of 9.3 M or Total Revenue of 2.1 B, as well as many indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0152 or PTB Ratio of 2.63. Stride financial statements analysis is a perfect complement when working with Stride Valuation or Volatility modules.
  
Check out the analysis of Stride Correlation against competitors.

Latest Stride's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Stride Inc over the last few years. It is Stride's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stride's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Stride Debt Ratio Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.06
Coefficient Of Variation99.84
Mean Deviation0.09
Median0.03
Standard Deviation0.11
Sample Variance0.01
Range0.2647
R-Value0.78
Mean Square Error0
R-Squared0.62
Significance0.0005
Slope0.02
Total Sum of Squares0.16

Stride Debt Ratio History

2024 0.25
2023 0.24
2022 0.26
2021 0.28
2020 0.22
2019 0.0932
2018 0.0239

Other Fundumenentals of Stride Inc

Stride Debt Ratio component correlations

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About Stride Financial Statements

Stride investors utilize fundamental indicators, such as Debt Ratio, to predict how Stride Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Ratio 0.24  0.25 
Cash Flow To Debt Ratio 0.61  0.58 

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 the analysis of Stride Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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
5.53
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.