Adtalem Current Ratio from 2010 to 2024

ATGE Stock  USD 65.74  0.10  0.15%   
Adtalem Global's Current Ratio is increasing over the years with very volatile fluctuation. Overall, Current Ratio is expected to go to 1.08 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1
Current Value
1.08
Quarterly Volatility
0.69540474
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Adtalem Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adtalem Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 182.7 M, Interest Expense of 76.3 M or Selling General Administrative of 363.9 M, as well as many indicators such as Price To Sales Ratio of 2.09, Dividend Yield of 0.006 or PTB Ratio of 1.15. Adtalem financial statements analysis is a perfect complement when working with Adtalem Global Valuation or Volatility modules.
  
Check out the analysis of Adtalem Global Correlation against competitors.

Latest Adtalem Global's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Adtalem Global Education over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Adtalem Global's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Adtalem Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.33 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Adtalem Current Ratio Regression Statistics

Arithmetic Mean1.57
Geometric Mean1.46
Coefficient Of Variation44.28
Mean Deviation0.47
Median1.39
Standard Deviation0.70
Sample Variance0.48
Range2.953
R-Value0.1
Mean Square Error0.52
R-Squared0.01
Significance0.74
Slope0.01
Total Sum of Squares6.77

Adtalem Current Ratio History

2024 1.08
2023 1.0
2022 1.11
2021 1.33
2020 3.71
2019 2.0
2018 1.62

About Adtalem Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Adtalem Global income statement, its balance sheet, and the statement of cash flows. Adtalem Global investors use historical funamental indicators, such as Adtalem Global's Current Ratio, to determine how well the company is positioned to perform in the future. Although Adtalem Global investors may use each financial statement separately, they are all related. The changes in Adtalem Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adtalem Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Adtalem Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Adtalem Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.00  1.08 

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Additional Information and Resources on Investing in Adtalem Stock

When determining whether Adtalem Global Education is a strong investment it is important to analyze Adtalem Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adtalem Global's future performance. For an informed investment choice regarding Adtalem Stock, refer to the following important reports:
Check out the analysis of Adtalem Global Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adtalem Global. If investors know Adtalem will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adtalem Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Earnings Share
2.66
Revenue Per Share
37.708
Quarterly Revenue Growth
0.118
Return On Assets
0.0552
The market value of Adtalem Global Education is measured differently than its book value, which is the value of Adtalem that is recorded on the company's balance sheet. Investors also form their own opinion of Adtalem Global's value that differs from its market value or its book value, called intrinsic value, which is Adtalem Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adtalem Global's market value can be influenced by many factors that don't directly affect Adtalem Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adtalem Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adtalem Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adtalem Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.