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Aspen GroupASPU -6.64%42 Debt-to-EBITDA is 2.01 as of Jan. 2026. GuruFocus rates ASPU with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 188 Education companies, Aspen Group ranks worse than 71.81% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Aspen Group's Debt-to-EBITDA or its related term are showing as below:
ASPU'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.97 Med: -0.89 Max: 3.51
Current: 3.51
During the past 12 years, the highest Debt-to-EBITDA Ratio of Aspen Group was 3.51. The lowest was -9.97. And the median was -0.89.
ASPU's Debt-to-EBITDA is ranked worse than 71.81% of 188
companies
in the Education industry
Industry Median: 1.46
vs ASPU: 3.51
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Aspen Group Debt-to-EBITDA Related Terms
Aspen Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Aspen Group's Debt-to-EBITDA 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.
ASPU vs VSA, WAFU, AMBO: Debt-to-EBITDA Comparison
For the Education & Training Services subindustry, Aspen Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Education Industry
For the Education industry and Consumer Defensive sector, Aspen Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Aspen Group's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jan. 2026) EBITDA data.
Aspen Group (ASPU) has a Debt-to-EBITDA of 2.01 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Aspen Group. According to the industry distribution chart, Aspen Group ranks #135 out of 188 companies in the Education industry, placing it in the top 71.8%.
Is Aspen Group's Debt-to-EBITDA too high?
Aspen Group's current Debt-to-EBITDA is 2.01. The Education industry median Debt-to-EBITDA is 1.46. Aspen Group's value of 2.01 is 37.7% above this industry median. Based on the distribution chart, Aspen Group ranks #135 out of 188 companies in the Education industry, which is below the industry midpoint. Overall, Aspen Group has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Aspen Group's Debt-to-EBITDA compare to VSA and WAFU?
According to the Education industry distribution chart, Aspen Group ranks #135 out of 188 companies for Debt-to-EBITDA. This places Aspen Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.46. Aspen Group's value of 2.01 is 37.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Education company?
The median Debt-to-EBITDA among Education companies is 1.46, based on 188 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aspen Group's current Debt-to-EBITDA of 2.01 is 37.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Aspen Group. For the Education industry, the median Debt-to-EBITDA is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Group's current Debt-to-EBITDA is 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Group stock overvalued right now?
Aspen Group (ASPU) has a current Debt-to-EBITDA of 2.01. The current Debt-to-EBITDA is 2.01 and 37.7% above the Education industry median of 1.46. Aspen Group's overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Aspen Group (ASPU), the current Debt-to-EBITDA is 2.01 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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 offer Associate, Bachelor's, Master's, and Doctoral degree programs that span multiple programs of study with a concentrated focus on nursing. The schools at its universities include; the School of Nursing and Health Sciences; School of Education; and School of Business and Technology. The company offers affordable tuition and flexible financing solutions to students, to deliver on its vision of making college education affordable again.
42GF Score
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