Adtalem Global Education Inc. (ATGE) financial statements (2021 and earlier)

Company profile

Business Address 500 WEST MONROE
CHICAGO, IL 60661
State of Incorp. DE
Fiscal Year End June 30
SIC 82 - Educational Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments460509308435246312357
Cash and cash equivalents449501299431242308353
Short-term investments11994444
Restricted cash and investments391109711
Receivables9187158147173162139
Disposal group, including discontinued operation   47   
Other undisclosed current assets90963859433795
Total current assets:680693505688471518601
Noncurrent Assets
Operating lease, right-of-use asset193175
Property, plant and equipment290286365   546
Intangible assets, net (including goodwill)9699741,2931,1771,265931876
Goodwill687686874814851588552
Intangible assets, net (excluding goodwill)283288418363414343324
Disposal group, including discontinued operation, noncurrent assets   13   
Deferred income tax assets2322
Other noncurrent assets88796239426038
Other undisclosed noncurrent assets  18394766(532)
Total noncurrent assets:1,5641,5361,7381,2681,3541,057927
Other undisclosed assets   389489522546
TOTAL ASSETS:2,2452,2292,2432,3452,3142,0972,074
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities188200209200260261232
Accounts payable49465847646563
Accrued liabilities10010487819910385
Employee-related liabilities39496471969383
Debt3333   
Restructuring reserve  10   27
Disposal group, including discontinued operation   56   
Other undisclosed current liabilities1491439010711810063
Total current liabilities:341346312366377362322
Noncurrent Liabilities
Long-term debt and lease obligation480462398290125  
Long-term debt, excluding current maturities284286398290125  
Operating lease, liability196176
Liabilities, other than long-term debt108107117161136148158
Deferred revenue and credits 102118102
Deferred tax liabilities, net 29353056
Deferred income tax liabilities2625
Restructuring reserve  15    
Disposal group, including discontinued operation, liabilities   0   
Other liabilities8282102131   
Other undisclosed noncurrent liabilities  15    
Total noncurrent liabilities:588569530451261148158
Total liabilities:928915842817639510480
Stockholders' equity
Stockholders' equity attributable to parent1,3141,3101,3921,5191,6691,5821,585
Common stock1111111
Treasury stock, value(1,162)(1,113)(971)(711)(570)(519)(485)
Additional paid in capital512504486455416372350
Accumulated other comprehensive loss(8)(9)(137)(142)(59)(42)(77)
Retained earnings1,9711,9282,0131,9171,8811,7711,796
Stockholders' equity attributable to noncontrolling interest331096510
Total stockholders' equity:1,3161,3131,4011,5281,6751,5871,594
TOTAL LIABILITIES AND EQUITY:2,2452,2292,2432,3452,3142,0972,074

Income statement (P&L) ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Revenues1,0831,0521,2401,2311,8151,8511,910
Revenue, net 1,8101,8441,910
Cost of revenue(500)(490)(624)(646)(990)(987)(1,010)
Cost of goods and services sold(475)(490)(624)(646)(962)(987)(1,000)
Gross profit:583562616586825865900
Operating expenses(430)(420)(456)(378)(681)(876)(854)
Other undisclosed operating income      110
Operating income (loss):153142160207144(11)157
Nonoperating income (expense)11995    (1)
Investment income, nonoperating112     2
Other nonoperating income (expense)(4)95    (3)
Interest and debt expense(17)(20)(24)(15)(9)(6)(5)
Other undisclosed income from continuing operations before equity method investments, income taxes2520346  3
Income (loss) from continuing operations before equity method investments, income taxes:281237170199134(17)154
Loss from equity method investments   (0)(1)  
Other undisclosed income from continuing operations before income taxes   01  
Income (loss) from continuing operations before income taxes:281237170199134(17)154
Income tax expense (benefit)36(34)(84)(10)15(19)
Other undisclosed loss from continuing operations   (0)(1)  
Income (loss) from continuing operations:284244136114123(3)135
Income (loss) from discontinued operations(346)(329)(40)(80)  6
Net income (loss):(62)(86)9634123(3)141
Net income (loss) attributable to noncontrolling interest10(0)(1)(1)(0)(1)
Other undisclosed net loss attributable to parent(0)      
Net income (loss) available to common stockholders, diluted:(62)(85)9534122(3)140

Comprehensive Income ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Net income (loss):(62)(86)9634123(3)141
Other undisclosed comprehensive income (loss)1511285(83)(17)35(62)
Comprehensive income (loss):8942101(49)1073279
Comprehensive income (loss), net of tax, attributable to noncontrolling interest00(0)1(1)(1)2
Comprehensive income (loss), net of tax, attributable to parent:8943100(48)1063180

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: