Stride Inc Stock Return On Asset

LRN Stock

USD 107.04 1.41 1.30%

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.

Short Long Term Debt Total Total Assets

As of the 28th of November 2024, Return On Assets is likely to grow to 0.11.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Stride Inc Company Return On Asset Analysis

Stride's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Stride Return On Asset

0.0981

Most of Stride's fundamental indicators, such as Return On 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 Return On 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 Return On 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.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments	Property Plant Equipment	Long Term Debt	Good Will	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Treasury Stock	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.94	0.69	0.69	0.93	0.69	0.99	0.96	0.99	0.81	0.74	-0.26	0.84	0.43	0.89	0.99	0.6	0.93	0.73	0.05	-0.61	-0.65	0.83	0.9	0.86	0.8	-0.61
Total Stockholder Equity	0.94		0.6	0.42	0.89	0.62	0.93	0.82	0.95	0.67	0.74	-0.2	0.8	0.34	0.78	0.9	0.54	0.79	0.76	0.01	-0.65	-0.67	0.72	0.76	0.72	0.69	-0.65
Current Deferred Revenue	0.69	0.6		0.59	0.52	0.69	0.73	0.74	0.66	0.59	0.8	-0.08	0.4	0.24	0.6	0.64	0.39	0.64	0.37	0.05	0.03	-0.47	0.47	0.7	0.68	0.62	0.03
Net Debt	0.69	0.42	0.59		0.61	0.49	0.69	0.84	0.61	0.82	0.45	-0.18	0.54	0.5	0.73	0.75	0.43	0.79	0.28	0.21	-0.26	-0.27	0.69	0.8	0.71	0.63	-0.26
Retained Earnings	0.93	0.89	0.52	0.61		0.46	0.93	0.86	0.96	0.68	0.5	-0.32	0.97	0.19	0.86	0.92	0.72	0.93	0.65	0.02	-0.79	-0.56	0.81	0.88	0.83	0.84	-0.79
Accounts Payable	0.69	0.62	0.69	0.49	0.46		0.68	0.73	0.61	0.68	0.82	-0.33	0.26	0.56	0.73	0.69	0.3	0.54	0.71	-0.09	0.02	-0.75	0.69	0.62	0.66	0.46	0.02
Net Receivables	0.99	0.93	0.73	0.69	0.93	0.68		0.96	0.99	0.78	0.74	-0.25	0.84	0.37	0.87	0.97	0.6	0.94	0.68	0.03	-0.6	-0.62	0.8	0.91	0.87	0.82	-0.6
Total Liab	0.96	0.82	0.74	0.84	0.86	0.73	0.96		0.92	0.86	0.72	-0.28	0.75	0.5	0.9	0.97	0.56	0.94	0.65	0.07	-0.48	-0.6	0.84	0.93	0.89	0.8	-0.48
Total Current Assets	0.99	0.95	0.66	0.61	0.96	0.61	0.99	0.92		0.71	0.67	-0.25	0.89	0.29	0.86	0.95	0.64	0.94	0.69	0.0	-0.69	-0.61	0.79	0.89	0.86	0.84	-0.69
Short Term Debt	0.81	0.67	0.59	0.82	0.68	0.68	0.78	0.86	0.71		0.69	-0.28	0.56	0.74	0.85	0.86	0.42	0.69	0.62	0.29	-0.32	-0.59	0.84	0.77	0.63	0.5	-0.32
Intangible Assets	0.74	0.74	0.8	0.45	0.5	0.82	0.74	0.72	0.67	0.69		-0.2	0.34	0.54	0.59	0.71	0.27	0.54	0.7	0.1	-0.02	-0.67	0.5	0.65	0.61	0.52	-0.02
Common Stock	-0.26	-0.2	-0.08	-0.18	-0.32	-0.33	-0.25	-0.28	-0.25	-0.28	-0.2		-0.25	-0.02	-0.36	-0.32	-0.19	-0.26	-0.66	0.13	0.14	0.72	-0.3	-0.29	-0.28	-0.22	0.14
Short Term Investments	0.84	0.8	0.4	0.54	0.97	0.26	0.84	0.75	0.89	0.56	0.34	-0.25		0.05	0.77	0.83	0.73	0.88	0.51	0.03	-0.86	-0.4	0.72	0.82	0.76	0.82	-0.86
Property Plant Equipment	0.43	0.34	0.24	0.5	0.19	0.56	0.37	0.5	0.29	0.74	0.54	-0.02	0.05		0.43	0.49	0.1	0.24	0.46	0.47	0.0	-0.33	0.52	0.35	0.26	0.07	0.0
Long Term Debt	0.89	0.78	0.6	0.73	0.86	0.73	0.87	0.9	0.86	0.85	0.59	-0.36	0.77	0.43		0.91	0.64	0.85	0.67	0.03	-0.51	-0.66	0.98	0.87	0.82	0.71	-0.51
Good Will	0.99	0.9	0.64	0.75	0.92	0.69	0.97	0.97	0.95	0.86	0.71	-0.32	0.83	0.49	0.91		0.6	0.92	0.75	0.07	-0.6	-0.67	0.86	0.91	0.85	0.78	-0.6
Net Tangible Assets	0.6	0.54	0.39	0.43	0.72	0.3	0.6	0.56	0.64	0.42	0.27	-0.19	0.73	0.1	0.64	0.6		0.65	0.44	0.34	-0.44	-0.3	0.65	0.78	0.78	0.82	-0.44
Long Term Debt Total	0.93	0.79	0.64	0.79	0.93	0.54	0.94	0.94	0.94	0.69	0.54	-0.26	0.88	0.24	0.85	0.92	0.65		0.54	-0.02	-0.65	-0.47	0.78	0.94	0.92	0.89	-0.65
Capital Surpluse	0.73	0.76	0.37	0.28	0.65	0.71	0.68	0.65	0.69	0.62	0.7	-0.66	0.51	0.46	0.67	0.75	0.44	0.54		0.03	-0.37	-0.91	0.64	0.61	0.6	0.5	-0.37
Deferred Long Term Liab	0.05	0.01	0.05	0.21	0.02	-0.09	0.03	0.07	0.0	0.29	0.1	0.13	0.03	0.47	0.03	0.07	0.34	-0.02	0.03		0.03	0.13	0.12	0.13	0.03	0.04	0.03
Long Term Investments	-0.61	-0.65	0.03	-0.26	-0.79	0.02	-0.6	-0.48	-0.69	-0.32	-0.02	0.14	-0.86	0.0	-0.51	-0.6	-0.44	-0.65	-0.37	0.03		0.22	-0.52	-0.46	-0.41	-0.48	1.0
Treasury Stock	-0.65	-0.67	-0.47	-0.27	-0.56	-0.75	-0.62	-0.6	-0.61	-0.59	-0.67	0.72	-0.4	-0.33	-0.66	-0.67	-0.3	-0.47	-0.91	0.13	0.22		-0.59	-0.52	-0.49	-0.37	0.22
Short Long Term Debt	0.83	0.72	0.47	0.69	0.81	0.69	0.8	0.84	0.79	0.84	0.5	-0.3	0.72	0.52	0.98	0.86	0.65	0.78	0.64	0.12	-0.52	-0.59		0.81	0.77	0.64	-0.52
Net Invested Capital	0.9	0.76	0.7	0.8	0.88	0.62	0.91	0.93	0.89	0.77	0.65	-0.29	0.82	0.35	0.87	0.91	0.78	0.94	0.61	0.13	-0.46	-0.52	0.81		0.97	0.94	-0.46
Cash And Equivalents	0.86	0.72	0.68	0.71	0.83	0.66	0.87	0.89	0.86	0.63	0.61	-0.28	0.76	0.26	0.82	0.85	0.78	0.92	0.6	0.03	-0.41	-0.49	0.77	0.97		0.96	-0.41
Net Working Capital	0.8	0.69	0.62	0.63	0.84	0.46	0.82	0.8	0.84	0.5	0.52	-0.22	0.82	0.07	0.71	0.78	0.82	0.89	0.5	0.04	-0.48	-0.37	0.64	0.94	0.96		-0.48
Capital Stock	-0.61	-0.65	0.03	-0.26	-0.79	0.02	-0.6	-0.48	-0.69	-0.32	-0.02	0.14	-0.86	0.0	-0.51	-0.6	-0.44	-0.65	-0.37	0.03	1.0	0.22	-0.52	-0.46	-0.41	-0.48

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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Competition

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Stride Total Assets

Total Assets

2.02 Billion

At this time, Stride's Total Assets are very stable compared to the past year.

Based on the latest financial disclosure, Stride Inc has a Return On Asset of 0.0981. This is 227.0% higher than that of the Diversified Consumer Services sector and 79.56% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 170.07% lower than that of the firm.

Stride Return On 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 Return On 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 return on 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 Fundamentals

	Return On Equity	0.22
	Return On Asset	0.0981
	Profit Margin	0.11 %
	Operating Margin	0.05 %
	Current Valuation	4.77 B
	Shares Outstanding	43.59 M
	Shares Owned By Insiders	3.01 %
	Shares Owned By Institutions	96.99 %
	Number Of Shares Shorted	5.43 M
	Price To Earning	22.55 X
	Price To Book	3.89 X
	Price To Sales	2.21 X
	Revenue	2.04 B
	Gross Profit	647.07 M
	EBITDA	386.18 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	2.92 X
	Earnings Per Share	5.52 X
	Price To Earnings To Growth	0.78 X
	Target Price	95.2
	Number Of Employees	7.8 K
	Beta	0.27
	Market Capitalization	4.67 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

0.61	YQ	17 Education Technology	Pair Corr
0.59	WAFU	Wah Fu Education	Pair Corr
0.59	EDU	New Oriental Education	Pair Corr
0.32	IH	Ihuman Inc	Pair Corr

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 Correlation Correlation 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:

How To Invest In Stride

Details

Is Stride Stock a good investment?

Details

What is Stride's Net Worth?

Details

Largest Diversified Consumer Services Companies

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Largest Education & Training Services Companies

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Check out Stride Piotroski F Score and Stride Altman Z Score analysis.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Stride Inc Stock Return On Asset

Stride Inc Company Return On Asset Analysis

Return On Asset

Net Income

Total Assets

Current Stride Return On Asset

Stride Return On Asset Driver Correlations

Stride Total Assets

Total Assets

2.02 Billion

Stride Return On Asset Peer Comparison

Stride Current Valuation Drivers

Stride ESG Sustainability

Stride Fundamentals

About Stride Fundamental Analysis

Pair Trading with Stride

Moving against Stride Stock

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