Adtalem Global Education Inc
0.0 %
101.03 %
Yet to be announced
Company Overview
Adtalem Global Education Inc. provides workforce solutions worldwide. The Medical and Healthcare segment offers degree and non-degree programs in the medical and healthcare postsecondary education industry. The Financial Services segment provides test preparation, certifications, conferences, seminars, memberships, and subscriptions to business professionals.
Revenue Sources
Based on review of Adtalem's SEC filings and revenue sources, their primary income streams come from tuition and educational services in healthcare and financial services education, which are halal activities. The company does not derive significant revenue from any haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $447.73m | $357.77m | - | $13.91m | 0.00% | 3.89% |
| Sept. 30, 2024 | $417.4m | $361.64m | - | $14.48m | 0.00% | 4.00% |
| June 30, 2024 | $409.91m | $356.13m | - | $14.75m | 0.00% | 4.14% |
| March 31, 2024 | $412.66m | $367.49m | - | $16.56m | 0.00% | 4.51% |
Analysis of the last four quarters shows that interest expenses relative to total expenses are consistently below the 5% threshold. Interest expense ratios ranged from 3.6% to 4.5% of total expenses across the examined periods, indicating that interest is not a material part of the company's operations.
Operational Ethics
After reviewing available information, including SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.
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