Strategic Education, Inc. (STRA) financial statements (2021 and earlier)

Company profile

Business Address 2303 DULLES STATION BOULEVARD
HERNDON, VA 20171
State of Incorp. MD
Fiscal Year End December 31
SIC 82 - Educational Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments45534915612910716295
Cash and cash equivalents42031215612910716295
Short-term investments3537     
Restricted cash and investments     0 
Receivables52562321191716
Other current assets18161111131717
Other undisclosed current assets     (0) 
Total current assets:524420190161139197127
Noncurrent Assets
Property, plant and equipment1171237473778294
Long-term investments and receivables3738  223
Long-term investments3738     
Accounts and financing receivable, after allowance for credit loss    223
Intangible assets, net (including goodwill)1,0051,0612121777
Goodwill7327332121777
Intangible assets, net (excluding goodwill)273328     
Restricted cash and investments1    1 
Other noncurrent assets22191213669
Other undisclosed noncurrent assets84 2431181414
Total noncurrent assets:1,2651,241131138110111127
TOTAL ASSETS:1,7891,661321299248308254
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:91864641424439
Taxes payable1012313
Other undisclosed accounts payable and accrued liabilities89864539404336
Debt     63
Restructuring reserve     6
Liability for uncertainty in income taxes      2
Deferred revenue and credits22171251
Contract with customer, liability3939
Other liabilities   0000
Other undisclosed current liabilities270123(5)0
Total current liabilities:1571256960585645
Noncurrent Liabilities
Long-term debt and lease obligation     113119
Long-term debt, excluding current maturities     113119
Liabilities, other than long-term debt, including:41514350484651
Deferred revenue and credits211815108
Contract with customer, liability3124
Restructuring reserve27     
Other liabilities21    51
Other undisclosed liabilities, other than long-term debt71922333336(8)
Other undisclosed noncurrent liabilities12859     
Total noncurrent liabilities:170111435048159170
Total liabilities:327236112110106215215
Stockholders' equity
Stockholders' equity attributable to parent1,4631,4252091881439339
Common stock0000000
Additional paid in capital1,3091,307473525157
Accumulated other comprehensive income00   00
Retained earnings1531181621531187832
Total stockholders' equity:1,4631,4252091881439339
TOTAL LIABILITIES AND EQUITY:1,7891,661321299248308254

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues997634455441434446504
Revenue, net455441434446504
Cost of revenue(84)(85)(265)(259)(250)(236)(310)
Cost of goods and services sold  (245)(241)(234)(236)(310)
Gross profit:914549190182184210193
Operating expenses(803)(572)(138)(125)(114)(150)(230)
Other undisclosed operating income     2270
Operating income (loss):111(23)5257708233
Nonoperating income13410000
Investment income, nonoperating  10000
Other nonoperating income134     
Interest and debt expense(0)(0)(1)(1)(4)(5)(5)
Income (loss) from continuing operations before equity method investments, income taxes:123(19)5357667727
Other undisclosed income from continuing operations before income taxes00     
Income (loss) from continuing operations before income taxes:124(19)5357667727
Income tax expense (benefit)(43)3(32)(22)(26)(30)(11)
Net income (loss) available to common stockholders, diluted:81(16)2135404616

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):81(16)2135404616
Comprehensive income (loss):81(16)2135404616
Other undisclosed comprehensive income (loss), net of tax, attributable to parent00  (0)01
Comprehensive income (loss), net of tax, attributable to parent:81(16)2135404617

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: