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Adtalem Global Education Cash-to-Debt

: 0.86 (As of Dec. 2020)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Adtalem Global Education's cash to debt ratio for the quarter that ended in Dec. 2020 was 0.86.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Adtalem Global Education couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2020.

NYSE:ATGE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1   Med: 1.98   Max: No Debt
Current: 0.86

0.1
No Debt

During the past 13 years, Adtalem Global Education's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 1.98.

NYSE:ATGE's Cash-to-Debt is ranked lower than
61% of the 230 Companies
in the Education industry.

( Industry Median: 1.31 vs. NYSE:ATGE: 0.86 )

Adtalem Global Education Cash-to-Debt Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Adtalem Global Education Annual Data
Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt 1.96 1.48 0.53 0.99

Adtalem Global Education Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.26 0.99 1.08 0.86

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Adtalem Global Education Cash-to-Debt Distribution

* The bar in red indicates where Adtalem Global Education's Cash-to-Debt falls into.



Adtalem Global Education Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Adtalem Global Education's Cash to Debt Ratio for the fiscal year that ended in Jun. 2020 is calculated as:

Adtalem Global Education's Cash to Debt Ratio for the quarter that ended in Dec. 2020 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Adtalem Global Education  (NYSE:ATGE) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Adtalem Global Education Cash-to-Debt Related Terms


Adtalem Global Education Cash-to-Debt Headlines

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