Aspen Group (Aspen Group) Total Assets : $87.84 Mil (As of Jan. 2023)

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What is Aspen Group Total Assets?

Aspen Group's Total Assets for the quarter that ended in Jan. 2023 was $87.84 Mil.

Total Assets is connected with ROA %. Aspen Group's annualized ROA % for the quarter that ended in Jan. 2023 was -6.95%. Total Assets is also linked to Revenue through Asset Turnover. Aspen Group's Asset Turnover for the quarter that ended in Jan. 2023 was 0.17.

Aspen Group Total Assets Historical Data

The historical data trend for Aspen Group's Total Assets 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 Total Assets Chart

Aspen Group Annual Data

Trend

Feb12

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Total Assets

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41.59

43.21

66.24

80.81

91.07

Aspen Group Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Total Assets	Get a 7-Day Free Trial															81.83	91.07	88.16	91.11	87.84

Aspen Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Aspen Group's Total Assets for the fiscal year that ended in Apr. 2022 is calculated as

Total Assets	=	Total Equity (A: Apr. 2022 )	+	Total Liabilities (A: Apr. 2022 )
	=	42.546	+	48.52
	=	91.07

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

Total Assets	=	Total Equity (Q: Jan. 2023 )	+	Total Liabilities (Q: Jan. 2023 )
	=	35.936	+	51.898
	=	87.83

Aspen Group (OTCPK:ASPU) Total Assets Explanation

Total Assets is connected with ROA %.

Aspen Group's annualized ROA % for the quarter that ended in Jan. 2023 is

ROA %	=	Net Income (Q: Jan. 2023 )	/	( (Total Assets (Q: Oct. 2022 )	+	Total Assets (Q: Jan. 2023 ))	/ count )
	=	-6.22	/	( (91.109	+	87.835)	/ 2 )
	=	-6.22	/	89.472
	=	-6.95 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Aspen Group's Asset Turnover for the quarter that ended in Jan. 2023 is

	Asset Turnover
=	Revenue (Q: Jan. 2023 )	/	( (Total Assets (Q: Oct. 2022 )	+	Total Assets (Q: Jan. 2023 ))	/ count )
=	15.574	/	( (91.109	+	87.835)	/ 2 )
=	15.574	/	89.472
=	0.17

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Aspen Group Total Assets Related Terms

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Aspen Group (Aspen Group) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

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