Aspen Group (Aspen Group) Interest Expense : $-2.37 Mil (TTM As of Jan. 2023)

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What is Aspen Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aspen Group's interest expense for the three months ended in Jan. 2023 was $ -0.72 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2023 was $-2.37 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Aspen Group's Operating Income for the three months ended in Jan. 2023 was $ -0.36 Mil. Aspen Group's Interest Expense for the three months ended in Jan. 2023 was $ -0.72 Mil. Aspen Group did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Aspen Group Interest Expense Historical Data

The historical data trend for Aspen Group's Interest Expense 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.

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Aspen Group Interest Expense Chart

Aspen Group Annual Data

Trend

Feb12

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Interest Expense

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-2.01

-0.45

-1.82

-2.05

-0.72

Aspen Group Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Interest Expense	Get a 7-Day Free Trial															-0.18	-0.37	-0.58	-0.71	-0.72

Aspen Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense 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 $-2.37 Mil.

Aspen Group (OTCPK:ASPU) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Aspen Group's Interest Expense for the three months ended in Jan. 2023 was $-0.72 Mil. Its Operating Income for the three months ended in Jan. 2023 was $-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2023 was $27.83 Mil.

Aspen Group's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Aspen Group did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Aspen Group (Aspen Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Aspen Group Inc (OTCPK:ASPU) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

276 Fifth Avenue, Suite 505, New York, NY, USA, 10001

Website

https://www.aspu.com

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