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 $696.4M, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are $2.7B and $1.3B respectively. Adtalem Global Education's EBIT is $224.6M making its interest coverage ratio 3.7. It has cash and short-term investments of $182.9M.
Key information
50.9%
Debt to equity ratio
US$696.37m
Debt
| Interest coverage ratio | 3.7x |
| Cash | US$182.89m |
| Equity | US$1.37b |
| Total liabilities | US$1.33b |
| Total assets | US$2.70b |
Recent financial health updates
Does Adtalem Global Education (NYSE:ATGE) Have A Healthy Balance Sheet?
Mar 13
Adtalem Global Education (NYSE:ATGE) Has A Pretty Healthy Balance Sheet
Dec 08Is Adtalem Global Education (NYSE:ATGE) A Risky Investment?
Sep 04Here's Why Adtalem Global Education (NYSE:ATGE) Can Manage Its Debt Responsibly
Jun 01Here's Why Adtalem Global Education (NYSE:ATGE) Has A Meaningful Debt Burden
Oct 26These 4 Measures Indicate That Adtalem Global Education (NYSE:ATGE) Is Using Debt Extensively
Jun 29Recent updates
Should You Investigate Adtalem Global Education Inc. (NYSE:ATGE) At US$47.16?
Apr 12Does Adtalem Global Education (NYSE:ATGE) Have A Healthy Balance Sheet?
Mar 13Adtalem Global Education Inc. (NYSE:ATGE) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Feb 21Statutory Profit Doesn't Reflect How Good Adtalem Global Education's (NYSE:ATGE) Earnings Are
Feb 09Adtalem Global Education: Positive Guidance But Volatility Is Expected
Feb 05Calculating The Fair Value Of Adtalem Global Education Inc. (NYSE:ATGE)
Jan 21What Does Adtalem Global Education Inc.'s (NYSE:ATGE) Share Price Indicate?
Jan 03Adtalem Global Education (NYSE:ATGE) Has A Pretty Healthy Balance Sheet
Dec 08Adtalem Global Education: Beat And Raise, Initiate At Buy
Nov 12Is Adtalem Global Education (NYSE:ATGE) A Risky Investment?
Sep 04Adtalem: Growth From Medical Training Could Push The Price Up
Aug 24Should You Think About Buying Adtalem Global Education Inc. (NYSE:ATGE) Now?
Aug 04Here's Why Adtalem Global Education (NYSE:ATGE) Can Manage Its Debt Responsibly
Jun 01What Is Adtalem Global Education Inc.'s (NYSE:ATGE) Share Price Doing?
Mar 14Is There An Opportunity With Adtalem Global Education Inc.'s (NYSE:ATGE) 48% Undervaluation?
Feb 06Is It Time To Consider Buying Adtalem Global Education Inc. (NYSE:ATGE)?
Dec 06Adtalem Global Education Non-GAAP EPS of $1.31, revenue of $361.2M
Nov 03Here's Why Adtalem Global Education (NYSE:ATGE) Has A Meaningful Debt Burden
Oct 26Adtalem: A Growing Sector Leader Sailing Under The Radar Of Most Investors
Sep 13Adtalem Global Education Non-GAAP EPS of $1.31 beats by $0.06, revenue of $361.2M beats by $12.3M
Aug 11These 4 Measures Indicate That Adtalem Global Education (NYSE:ATGE) Is Using Debt Extensively
Jun 29Is It Time To Consider Buying Adtalem Global Education Inc. (NYSE:ATGE)?
Apr 20Is Now An Opportune Moment To Examine Adtalem Global Education Inc. (NYSE:ATGE)?
Jan 14Adtalem Global Education (NYSE:ATGE) Takes On Some Risk With Its Use Of Debt
Dec 02Why Adtalem Global Education Inc. (NYSE:ATGE) Could Be Worth Watching
Oct 13Is Now An Opportune Moment To Examine Adtalem Global Education Inc. (NYSE:ATGE)?
Jul 03Financial Position Analysis
Short Term Liabilities: ATGE's short term assets ($378.1M) do not cover its short term liabilities ($398.6M).
Long Term Liabilities: ATGE's short term assets ($378.1M) do not cover its long term liabilities ($933.0M).
Debt to Equity History and Analysis
Debt Level: ATGE's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: ATGE's debt to equity ratio has increased from 20.3% to 50.9% over the past 5 years.
Debt Coverage: ATGE's debt is well covered by operating cash flow (36.5%).
Interest Coverage: ATGE's interest payments on its debt are well covered by EBIT (3.7x coverage).