Adtalem Global Education Balance Sheet Health
Financial Health criteria checks 3/6
Adtalem Global Education has a total shareholder equity of $1.4B and total debt of $649.3M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are $2.8B and $1.4B respectively. Adtalem Global Education's EBIT is $291.3M making its interest coverage ratio 5.5. It has cash and short-term investments of $264.8M.
Key information
46.7%
Debt to equity ratio
US$649.32m
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$264.80m |
| Equity | US$1.39b |
| Total liabilities | US$1.43b |
| Total assets | US$2.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DVY's short term assets ($516.9M) do not cover its short term liabilities ($551.3M).
Long Term Liabilities: DVY's short term assets ($516.9M) do not cover its long term liabilities ($876.4M).
Debt to Equity History and Analysis
Debt Level: DVY's net debt to equity ratio (27.7%) is considered satisfactory.
Reducing Debt: DVY's debt to equity ratio has increased from 24.9% to 46.7% over the past 5 years.
Debt Coverage: DVY's debt is well covered by operating cash flow (44.7%).
Interest Coverage: DVY's interest payments on its debt are well covered by EBIT (5.5x coverage).