Adtalem Return On Tangible Assets from 2010 to 2024

ATGE Stock  USD 72.09  0.68  0.93%   
Adtalem Global's Return On Tangible Assets are increasing over the years with stable fluctuation. Return On Tangible Assets are expected to dwindle to 0.09. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.13630525
Current Value
0.088
Quarterly Volatility
0.09620798
 
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 61.3 M, Interest Expense of 57 M or Selling General Administrative of 366.1 M, as well as many indicators such as Price To Sales Ratio of 2.09, Dividend Yield of 0.006 or PTB Ratio of 1.84. 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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Adtalem Global Education over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Adtalem Global's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Adtalem Return On Tangible Assets Regression Statistics

Arithmetic Mean0.07
Coefficient Of Variation134.43
Mean Deviation0.07
Median0.10
Standard Deviation0.1
Sample Variance0.01
Range0.3963
R-Value0.26
Mean Square Error0.01
R-Squared0.07
Significance0.35
Slope0.01
Total Sum of Squares0.13

Adtalem Return On Tangible Assets History

2024 0.088
2022 0.09
2021 -0.025
2020 0.0335
2019 0.19
2017 0.0289

About Adtalem Global Financial Statements

Adtalem Global stakeholders use historical fundamental indicators, such as Adtalem Global's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Adtalem Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Adtalem Global's assets and liabilities are reflected in the revenues and expenses on Adtalem Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Adtalem Global Education. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.14  0.09 

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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 the analysis of Adtalem Global Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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
1.575
Earnings Share
3.42
Revenue Per Share
40.206
Quarterly Revenue Growth
0.124
Return On Assets
0.0612
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.