Adtalem Other Operating Expenses vs Net Interest Income Analysis
ATGE Stock | USD 91.57 1.49 1.65% |
Adtalem Global financial indicator trend analysis is way more than just evaluating Adtalem Global Education prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adtalem Global Education is a good investment. Please check the relationship between Adtalem Global Other Operating Expenses and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adtalem Global Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Other Operating Expenses vs Net Interest Income
Other Operating Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adtalem Global Education Other Operating Expenses account and Net Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Adtalem Global's Other Operating Expenses and Net Interest Income is 0.16. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Adtalem Global Education, assuming nothing else is changed. The correlation between historical values of Adtalem Global's Other Operating Expenses and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Adtalem Global Education are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Other Operating Expenses i.e., Adtalem Global's Other Operating Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Adtalem Global Education. It is also known as Adtalem Global overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Adtalem Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adtalem Global Education current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adtalem Global Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At present, Adtalem Global's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 14.63, whereas Discontinued Operations is forecasted to decline to (10.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 727.3M | 802.3M | 886.1M | 552.3M | Total Revenue | 1.4B | 1.5B | 1.6B | 1.1B |
Adtalem Global fundamental ratios Correlations
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Adtalem Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Adtalem Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 3.1B | 3.0B | 2.8B | 2.7B | 2.9B | |
Short Long Term Debt Total | 516.8M | 1.3B | 1.1B | 896.2M | 847.9M | 890.2M | |
Other Current Liab | 153.3M | 309.4M | 264.9M | 188.3M | 202.4M | 212.6M | |
Total Current Liabilities | 346.0M | 408.8M | 417.5M | 431.2M | 487.7M | 512.0M | |
Total Stockholder Equity | 1.3B | 1.3B | 1.5B | 1.5B | 1.4B | 829.3M | |
Property Plant And Equipment Net | 461.0M | 466.2M | 467.9M | 433.2M | 425.3M | 320.1M | |
Net Debt | 16.3M | 799.3M | 719.8M | 622.5M | 628.5M | 660.0M | |
Retained Earnings | 1.9B | 2.0B | 2.3B | 2.4B | 2.5B | 2.7B | |
Cash | 500.5M | 494.6M | 347.0M | 273.7M | 219.3M | 195.1M | |
Non Current Assets Total | 1.5B | 1.5B | 2.5B | 2.3B | 2.3B | 2.4B | |
Non Currrent Assets Other | 22.8M | 17.8M | 50.4M | 41.5M | 111.0M | 116.6M | |
Cash And Short Term Investments | 509.5M | 494.6M | 347.0M | 273.7M | 219.3M | 199.5M | |
Net Receivables | 87.0M | 43.0M | 81.6M | 102.7M | 126.8M | 72.1M | |
Common Stock Shares Outstanding | 54.1M | 51.6M | 48.4M | 45.6M | 40.3M | 67.6M | |
Liabilities And Stockholders Equity | 2.2B | 3.1B | 3.0B | 2.8B | 2.7B | 2.9B | |
Non Current Liabilities Total | 569.4M | 1.3B | 1.1B | 922.0M | 884.6M | 928.9M | |
Other Current Assets | 96.2M | 995.5M | 128.5M | 105.4M | 71.9M | 80.9M | |
Other Stockholder Equity | (608.9M) | (697.5M) | (817.6M) | (945.0M) | (1.2B) | (1.1B) | |
Total Liab | 915.4M | 1.8B | 1.5B | 1.4B | 1.4B | 1.4B | |
Property Plant And Equipment Gross | 461.0M | 466.2M | 467.9M | 772.0M | 751.6M | 789.1M | |
Total Current Assets | 692.8M | 1.5B | 556.0M | 478.5M | 418.1M | 354.2M | |
Accumulated Other Comprehensive Income | (9.1M) | (7.4M) | (960K) | (2.2M) | (2.0M) | (2.1M) | |
Short Term Debt | 54.6M | 57.0M | 101.6M | 75.3M | 62.9M | 65.2M | |
Intangible Assets | 287.5M | 276.2M | 873.6M | 812.3M | 776.7M | 815.5M | |
Accounts Payable | 46.5M | 42.4M | 57.1M | 81.8M | 102.6M | 107.8M | |
Common Stock | 807K | 811K | 818K | 822K | 832K | 873.6K | |
Common Stock Total Equity | 807K | 811K | 818K | 822K | 945.3K | 820.7K | |
Short Term Investments | 9.0M | 20.6M | 17.8M | 12.5M | 13.2M | 10.6M | |
Other Liab | 107.3M | 106.6M | 90.6M | 63.5M | 73.0M | 76.0M | |
Other Assets | 101.2M | 110.1M | 170.4M | 125.2M | 144.0M | 151.2M | |
Property Plant Equipment | 461.0M | 466.2M | 289.9M | 258.5M | 297.3M | 407.6M | |
Current Deferred Revenue | 91.6M | 100.7M | 144.8M | 153.9M | 185.3M | 194.5M | |
Good Will | 874.5M | 686.2M | 686.4M | 961.3M | 1.1B | 614.7M | |
Long Term Debt | 286.1M | 1.1B | 838.9M | 695.1M | 648.7M | 681.1M | |
Treasury Stock | (711.4M) | (970.9M) | (1.1B) | (1.2B) | (1.1B) | (1.0B) | |
Net Tangible Assets | 336.7M | 338.4M | (329.8M) | (316.3M) | (284.6M) | (270.4M) | |
Noncontrolling Interest In Consolidated Entity | 9.1M | 9.5M | 2.9M | 1.8M | 1.6M | 1.5M | |
Retained Earnings Total Equity | 1.9B | 2.0B | 2.3B | 2.4B | 2.8B | 2.0B | |
Capital Surpluse | 504.4M | 519.8M | 521.8M | 568.8M | 654.1M | 450.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Adtalem Global Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 3.733 | Earnings Share 4.32 | Revenue Per Share 42.428 | Quarterly Revenue Growth 0.132 | Return On Assets 0.0731 |
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.