ATGE (Adtalem Global Education) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Adtalem Global Education LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Adtalem Global Education's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.31.

Adtalem Global Education's long-term debt to total assets ratio declined from Dec. 2023 (0.32) to Dec. 2024 (0.31). It may suggest that Adtalem Global Education is progressively becoming less dependent on debt to grow their business.

Adtalem Global Education LT-Debt-to-Total-Asset Historical Data

The historical data trend for Adtalem Global Education's LT-Debt-to-Total-Asset 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.

* Premium members only.

Adtalem Global Education LT-Debt-to-Total-Asset Chart

Adtalem Global Education Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.21

0.40

0.34

0.31

0.30

Adtalem Global Education Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.32	0.30	0.30	0.29	0.31

Adtalem Global Education LT-Debt-to-Total-Asset Calculation

Adtalem Global Education's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	816.424	/	2741.417
	=	0.30

Adtalem Global Education's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	831.975	/	2722.955
	=	0.31

Adtalem Global Education (NYSE:ATGE) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Adtalem Global Education LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Adtalem Global Education's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Adtalem Global Education Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Adtalem Global Education Inc (NYSE:ATGE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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 has three segments namely Chamberlain; Walden; and Medical and Veterinary. It derives maximum revenue from Chamberlain segment.

Executives

Michael W Malafronte	director	INTERNATIONAL VALUE ADVISERS, LLC, 717 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10022
Donna J Hrinak	director	C/O AOL LATIN AMERICA, 6600 N. ANDREWS AVE, SUITE 400, FT. LAUDERDALE FL 33309
Michael Betz	officer: President, Walden University	500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
William W Burke	director	3868 MOCKINGBIRD LN, DALLAS TX 75205
Lisa W Wardell	director	5900 RYLAND DRIVE, BETHESDA MD 20817
Maurice Herrera	officer: Chief Marketing Officer	500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
Manjunath Gangadharan	officer: VP, Chief Accounting Officer	600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
Blake Simpson	officer: SVP, Chief Comms Officer	500 W. MONROE, SUITE 1300, CHICAGO IL 60661
Lyle Logan	director	ONE TOWER LANE, OAKBROOK TERRACE IL 60181
Evan Trent	officer: SVP, Chief Strat. & Transform	500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
William V Krehbiel	director	500 W. MONROE, CHICAGO IL 60661
James Raymond Bartholomew	officer: President, DeVry University	2449 MARCY AVENUE, EVANSTON IL 60201
Cheryl James	officer: SVP, CHRO	500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661
Sharon O'keefe	director	C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126
Georgette D. Kiser	director	1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505