Strategic Education
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Strategic Education generated cash of $117,119,000, which is less than the previous year. Cash used in financing activities reached the amount of -$113,607,000 last year. Net change in cash is therefore -$45,529,000.
Cash Flow
| 2014 | 77.55M | -6.90M | -3.12M |
|---|---|---|---|
| 2015 | 76.89M | -12.69M | -119.6M |
| 2016 | 44.51M | -20.79M | -1.35M |
| 2017 | 56.15M | -18.05M | -11.41M |
| 2018 | 46.86M | 130.13M | -21.21M |
| 2019 | 202.14M | -38.06M | -55.82M |
| 2020 | 142.90M | -642.19M | 279.18M |
| 2021 | 180.52M | -33.09M | -67.88M |
| 2022 | 126.05M | -31.36M | -142.36M |
| 2023 | 117.11M | -48.54M | -113.60M |
STRA Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 227.45M | 279.21M | 202.02M | 420.49M | 312.23M | 156.44M | 129.24M | 106.88M | 162.28M | 94.76M |
Operating activities | ||||||||||
Net income | 69.79M | 46.67M | 55.08M | 86.26M | 81.13M | -15.67M | 20.61M | 34.80M | 40.02M | 46.35M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 57.31M | 63.12M | 103.41M | 109.15M | 104.86M | 54.54M | 18.73M | 17.81M | 18.10M | 20.63M |
Stock-based compensation expense | 19.77M | 21.79M | 18.14M | 14.61M | 12.16M | 15.53M | 11.62M | 10.76M | 10.21M | 9.45M |
| Deferred income tax benefit | 19.77M | 21.79M | 18.14M | 14.61M | 12.16M | 15.53M | 11.62M | 10.76M | 10.21M | 9.45M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -12.55M | -196K | 19.65M | 1.77M | 7.88M | -3.25M | -1.45M | -1.99M | 685K |
Inventories | 0 | 0 | 6.7M | 22.68M | -5.58M | 0 | -10.60M | -12.15M | 2.21M | -17.23M |
Accounts payable | 552K | -4.33M | -6.7M | -22.68M | 245K | 1.14M | 4.46M | -262K | -752K | 6.55M |
Cash generated by operating activities | 117.11M | 126.05M | 180.52M | 142.90M | 202.14M | 46.86M | 56.15M | 44.51M | 76.89M | 77.55M |
Investing activities | ||||||||||
Purchases Of Investments | -26.90M | -335K | -1.29M | -2.81M | -43.13M | -26.54M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -36.94M | -43.17M | -49.43M | -46.81M | -38.68M | -27.54M | -18.05M | -13.16M | -12.69M | -6.90M |
Acquisitions Net | -530K | -800K | 8.33M | -628.75M | -623K | 167.85M | 0 | -7.63M | 0 | 0 |
Cash generated by investing activities | -48.54M | -31.36M | -33.09M | -642.19M | -38.06M | 130.13M | -18.05M | -20.79M | -12.69M | -6.90M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 220.24M | 0 | 8.64M | 0 | 0 | 0 | 0 |
Payments for dividends | -58.78M | -59.24M | -59.04M | -55.95M | -46.62M | -27.84M | -11.41M | 0 | 0 | 0 |
Repurchases of common stock | -9.99M | -40.11M | -5.90M | -247K | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -40M | -40M | 0 | -3.80M | 0 | 0 | 0 | 0 | -118.75M | -3.12M |
Cash used in financing activities | -113.60M | -142.36M | -67.88M | 279.18M | -55.82M | -21.21M | -11.41M | -1.35M | -119.6M | -3.12M |
Net Change In Cash | -45.52M | -51.75M | 77.19M | -218.47M | 108.26M | 155.78M | 26.68M | 22.35M | -55.39M | 67.52M |
Cash at end of period | 181.92M | 227.45M | 279.21M | 202.02M | 420.49M | 312.23M | 155.93M | 129.24M | 106.88M | 162.28M |
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