ASPU (Aspen Group) Debt-to-Equity: 0.56 (As of Jan. 2026) — Near Median

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ASPU Aspen Group Inc ASPU
42 GF Score
Price $0.30
! 4 Warning Signs
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What is Aspen Group Debt-to-Equity?

Aspen Group ASPU 42 Debt-to-Equity is 0.56 as of Jan. 2026, which is at its 10-year median of 0.56. GuruFocus rates ASPU with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 224 Education companies, Aspen Group ranks worse than 65.18% on this metric.

Aspen Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $9.01 Mil. Aspen Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $9.83 Mil. Aspen Group's Total Stockholders Equity for the quarter that ended in Jan. 2026 was $33.53 Mil. Aspen Group's debt to equity for the quarter that ended in Jan. 2026 was 0.56.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Aspen Group's Debt-to-Equity or its related term are showing as below:

ASPU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.56   Max: 1.63
Current: 0.56

During the past 12 years, the highest Debt-to-Equity Ratio of Aspen Group was 1.63. The lowest was 0.01. And the median was 0.56.

ASPU's Debt-to-Equity is ranked worse than
65.18% of 224 companies
in the Education industry
Industry Median: 0.3 vs ASPU: 0.56

Aspen Group  (OTCPK:ASPU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Aspen Group Debt-to-Equity Related Terms


Aspen Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Aspen Group's Debt-to-Equity 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.

Aspen Group Debt-to-Equity Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.37 0.38 0.37 0.79

Aspen Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul24 Oct24 Jan25 Jul25 Oct25 Jan26
Debt-to-Equity 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 N/A N/A 0.68 0.63 0.56

ASPU vs VSA, WAFU, AMBO: Debt-to-Equity Comparison

For the Education & Training Services subindustry, Aspen Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Education Industry

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

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


ASPU
42GF Score
Aspen Group Inc ASPU
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aspen Group's Debt to Equity Ratio for the fiscal year that ended in Apr. 2022 is calculated as

Aspen Group's Debt to Equity Ratio for the quarter that ended in Jan. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.56 mean?
Aspen Group (ASPU) has a Debt-to-Equity of 0.56 as of Jan. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aspen Group and its competitors. This is near median its historical median of 0.56. Over the past decade, Aspen Group's Debt-to-Equity has ranged from 0.01 to 1.63. According to the industry distribution chart, Aspen Group ranks #146 out of 224 companies in the Education industry, placing it in the top 65.2%.
Is Aspen Group's Debt-to-Equity too high?
Aspen Group's current Debt-to-Equity of 0.56 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.63. The Education industry median Debt-to-Equity is 0.30. Aspen Group's value of 0.56 is 86.7% above this industry median. Based on the distribution chart, Aspen Group ranks #146 out of 224 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-Equity compare to VSA and WAFU?
According to the Education industry distribution chart, Aspen Group ranks #146 out of 224 companies for Debt-to-Equity. This places Aspen Group in the lower half of its industry. The industry median Debt-to-Equity is 0.30. Aspen Group's value of 0.56 is 86.7% above this benchmark. Historically, Aspen Group's own Debt-to-Equity has ranged from 0.01 to 1.63 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.30, Aspen Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Education company?
The median Debt-to-Equity among Education companies is 0.30, based on 224 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aspen Group's current Debt-to-Equity of 0.56 is 86.7% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aspen Group and its competitors. For the Education industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Group's current Debt-to-Equity is 0.56, which is near median its own 10-year median of 0.56. 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-Equity of 0.56. The current Debt-to-Equity is 0.56, which is near median its 10-year median of 0.56 and 86.7% above the Education industry median of 0.30. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Aspen Group (ASPU), the current Debt-to-Equity is 0.56 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 Business Description

Address 4605 E. Elwood Street, Suite 300 and 400, Phoenix, AZ, USA, 85040
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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