Adtalem Global Education Balance Sheet Health
Financial Health criteria checks 3/6
Adtalem Global Education has a total shareholder equity of $1.3B and total debt of $648.1M, which brings its debt-to-equity ratio to 49.1%. Its total assets and total liabilities are $2.7B and $1.4B respectively. Adtalem Global Education's EBIT is $246.5M making its interest coverage ratio 3.8. It has cash and short-term investments of $179.8M.
Key information
49.1%
Debt to equity ratio
US$648.11m
Debt
Interest coverage ratio | 3.8x |
Cash | US$179.76m |
Equity | US$1.32b |
Total liabilities | US$1.39b |
Total assets | US$2.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DVY's short term assets ($387.6M) do not cover its short term liabilities ($509.1M).
Long Term Liabilities: DVY's short term assets ($387.6M) do not cover its long term liabilities ($885.0M).
Debt to Equity History and Analysis
Debt Level: DVY's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: DVY's debt to equity ratio has increased from 20.6% to 49.1% over the past 5 years.
Debt Coverage: DVY's debt is well covered by operating cash flow (47.6%).
Interest Coverage: DVY's interest payments on its debt are well covered by EBIT (3.8x coverage).