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
Adtalem Global Education (NYSE:ATGE) Has A Pretty Healthy Balance Sheet
Jun 14Does Adtalem Global Education (NYSE:ATGE) Have A Healthy Balance Sheet?
Mar 13Adtalem 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 26Recent updates
Should You Think About Buying Adtalem Global Education Inc. (NYSE:ATGE) Now?
Jul 28Adtalem Global Education: Still Undervalued After The Latest Rally
Jul 27Does Adtalem Global Education (NYSE:ATGE) Deserve A Spot On Your Watchlist?
Jul 12Adtalem Global Education (NYSE:ATGE) Has A Pretty Healthy Balance Sheet
Jun 14Adtalem Global Education: A Leading Healthcare Educator In A Growing Industry
May 19An Intrinsic Calculation For Adtalem Global Education Inc. (NYSE:ATGE) Suggests It's 40% Undervalued
Apr 29Should 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 20Financial Position Analysis
Short Term Liabilities: ATGE's short term assets ($387.6M) do not cover its short term liabilities ($509.1M).
Long Term Liabilities: ATGE's short term assets ($387.6M) do not cover its long term liabilities ($885.0M).
Debt to Equity History and Analysis
Debt Level: ATGE's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: ATGE's debt to equity ratio has increased from 20.6% to 49.1% over the past 5 years.
Debt Coverage: ATGE's debt is well covered by operating cash flow (47.6%).
Interest Coverage: ATGE's interest payments on its debt are well covered by EBIT (3.8x coverage).