Adtalem Global Education (FRA:DVY) Cash, Cash Equivalents, Marketable Securities : €165 Mil (As of Mar. 2024)

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What is Adtalem Global Education Cash, Cash Equivalents, Marketable Securities?

Adtalem Global Education's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (€245.90 Mil) to Dec. 2023 (€167.71 Mil) but then stayed the same from Dec. 2023 (€167.71 Mil) to Mar. 2024 (€165.38 Mil).

Adtalem Global Education's annual cash, cash equivalents, marketable securities declined from Jun. 2021 (€395.39 Mil) to Jun. 2022 (€328.24 Mil) and declined from Jun. 2022 (€328.24 Mil) to Jun. 2023 (€252.62 Mil).

Adtalem Global Education Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Adtalem Global Education's Cash, Cash Equivalents, Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Adtalem Global Education Cash, Cash Equivalents, Marketable Securities Chart

Adtalem Global Education Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

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188.40

444.46

395.39

328.24

252.62

Adtalem Global Education Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															294.56	252.62	245.90	167.71	165.38

Adtalem Global Education Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Adtalem Global Education (FRA:DVY) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Adtalem Global Education Cash, Cash Equivalents, Marketable Securities Related Terms

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Adtalem Global Education (FRA:DVY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Adtalem Global Education Inc (FRA:DVY) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

ATGE:USA DVY:Germany

Address

500 West Monroe Street, Suite 28, Chicago, IL, USA, 60661

Website

https://www.adtalem.com

Adtalem Global Education Inc is an American for-profit educational company that operates various university and educational programs. The company runs eight colleges and universities that specialize in business, medicine, education, and nursing degree programs. DeVry Education Group has over 90 campuses as well as online courses that offer associate, bachelor, and postgraduate degrees. Enrollment in its business colleges represents almost half of overall student enrollment, followed by technology and healthcare. The company derives the majority of its revenue from student enrollment fees using federal financial aid programs such as Pell Fund grants.