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Aspen Group (Aspen Group) EBIT : $-7.17 Mil (TTM As of Jan. 2023)


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What is Aspen Group EBIT?

Aspen Group's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2023 was $-0.80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2023 was $-7.17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aspen Group's annualized ROC % for the quarter that ended in Jan. 2023 was -1.89%. Aspen Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2023 was -8.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aspen Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2023 was -17.75%.


Aspen Group EBIT Historical Data

The historical data trend for Aspen Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aspen Group EBIT Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.05 -8.83 -3.79 -8.37 -8.44

Aspen Group Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.32 -1.73 -3.10 -1.54 -0.80

Competitive Comparison of Aspen Group's EBIT

For the Education & Training Services subindustry, Aspen Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aspen Group's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Aspen Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aspen Group's EV-to-EBIT falls into.



Aspen Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.17 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aspen Group  (OTCPK:ASPU) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Aspen Group's annualized ROC % for the quarter that ended in Jan. 2023 is calculated as:

ROC % (Q: Jan. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2022 ) + Invested Capital (Q: Jan. 2023 ))/ count )
=-1.456 * ( 1 - -2.44% )/( (79.675 + 77.888)/ 2 )
=-1.4915264/78.7815
=-1.89 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Aspen Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2022  Q: Jan. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.204/( ( (27.217 + max(12.737, 0)) + (26.678 + max(12.693, 0)) )/ 2 )
=-3.204/( ( 39.954 + 39.371 )/ 2 )
=-3.204/39.6625
=-8.08 %

where Working Capital is:

Working Capital(Q: Oct. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.392 + 0 + 8.8) - (9.128 + 8.772 + 0.555)
=12.737

Working Capital(Q: Jan. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.517 + 0 + 6.9) - (8.343 + 8.075 + 0.306)
=12.693

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Aspen Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2023 )
=-7.166/40.369
=-17.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aspen Group EBIT Related Terms

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Aspen Group (Aspen Group) Business Description

Traded in Other Exchanges
N/A
Address
276 Fifth Avenue, Suite 505, New York, NY, USA, 10001
Aspen Group Inc is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to deliver on the vision of making college affordable again. Its only segment is the educational delivery operation using a core infrastructure that serves the curriculum and educational delivery needs of its online and campus students regardless of geography.
Executives
Michael L Koehneman director 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Douglas Kass director C/O EMPIRE RESOURCES, INC., ONE PARKER PLAZA, FORT LEE NJ 07024
Matthew Lavay officer: Chief Financial Officer C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, 5TH FL, PLEASANTON CA 94588
Cheri St. Arnauld officer: Chief Academic Officer 720 SOUTH COLORADO BOULEVARD, SUITE 1150N, DENVER CO 80246
Michael Mathews director, officer: Chief Executive Officer 257 PARK AVENUE SOUTH, SUITE 602, NEW YORK NY 10010
Robert Alessi officer: Chief Accounting Officer 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Joan Marie Prince director 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Gerard Wendolowski officer: Chief Operating Officer 720 SOUTH COLORADO BOULEVARD, SUITE 1150N, DENVER CO 80246
C James Jensen director C/O ASPEN GROUP, INC., 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Frank J Cotroneo director 4400 MAIN ST, KANSAS CITY MO 64111
Anne M Mcnamara officer: Chief Nursing Officer 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Sanford Rich director 26 BEACH DRIVE, DARIEN CT 06820
Maclean Malcolm F Iv director C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Joseph L. Sevely officer: Chief Financial Officer 276 FIFTH AVENUE, SUITE 306, NEW YORK NY 10001
Janet Gill officer: Executive Vice President 720 SOUTH COLORADO BOULEVARD, SUITE 1150N, DENVER CO 80246