Devry equity , debt, and subisidiaries

Accuracy score :
97%

DeVry Education Group Inc

Summary (from latest annual report – 2015)

  • Total equity  : 1.58 billion USD
  • Market Cap is 1.1 billion USD, ( last price of the stock is 17.03 USD)
  • DeVry Education Group Inc is a provider of educational services. The Company offers programs in business, healthcare, accounting, finance, law and technology. It serves students in postsecondary education
  • Company has 353 million USD in cash on account
  • Total equity – cash on account = 1.58 billion usd – 353 million usd = 1.22 billion usd
  • In 2015 total debt was zero
  • In 2014 total debt was zero
  •  DeVry Education Group balance sheet has become stronger  in 2015 (In latest annual report - total equity increased to 1.58 billion  USD from 1.53 in 2014, total debt was zero
  • Company's revenue decreased in 2015 to 1.91 billion usd from 1.92 billion in 2014
  • Net income increased in 2015 to 140 million USD from 134 million usd in 2014
  • In 2015 company paid 23 million usd dividend to its shareholders

 

DeVry Education Group Subsidiaries

DeVry Education Group Inc is a provider of educational services. The Company offers programs in business, healthcare, accounting, finance, law and technology. It serves students in postsecondary education. DeVry Education Group is a United States corporation based in Downers Grove, Illinois, that operates several for-profit higher education institutions, including Advanced Academics, Becker Professional Education, Carrington College, Chamberlain College of Nursing, DeVry Brasil, DeVry University, American University of the Caribbean, and Ross University Schools of Medicine and Veterinary Medicine

  • In 1996 DeVry acquired Becker CPA Review, now Becker Professional Education
  • The company diversified into healthcare in 2003 with the acquisition of Ross University and added Chamberlain College of Nursing (then Deaconess College of Nursing) in 2005 – worth 450 million usd
  • In 2007, DeVry expanded its reach into online education with the addition of Advanced Academics, a online secondary education that partners with schools and school districts across the United States for 27.5 million usd
  • In 2008 DeVry acquired Carrington College, formerly known as Apollo College and Western Career College for 280 million usd
  •   In 2009, DeVry acquired a majority stake in Fanor, now known as DeVry Brasil, a provider of post-secondary education with campuses located in northeastern Brazil for 40 million usd
  • In 2011, DeVry continued its international reach with the acquisition of ATC International - The terms of the deal weren’t disclosed
  • In 2012, DeVry acquired Faculdade Boa Viagem and Faculdade do Vale do Ipojuca
  • In 2013, DeVry acquired Faculdade Differencial Integral

 

Becker Professional Education, ATC International, Faculdade Boa Viagem, Faculdade do Vale do Ipojuca, Faculdade Differencial Integral (600 million usd worth)

 

Total = 1.397 billion USD Subsidiaries

 

Opinion about the company

Fundamentally it is a very  good company and in the future we can expect its growth (Total debt is zero, big amount of cash on company's account, ROE is around 8 %).

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