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Aspen Group (Aspen Group) Equity-to-Asset

: 0.41 (As of Jan. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aspen Group's Total Stockholders Equity for the quarter that ended in Jan. 2023 was $35.94 Mil. Aspen Group's Total Assets for the quarter that ended in Jan. 2023 was $87.84 Mil. Therefore, Aspen Group's Equity to Asset Ratio for the quarter that ended in Jan. 2023 was 0.41.

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

ASPU's Equity-to-Asset is not ranked *
in the Education industry.
Industry Median: 0.52
* Ranked among companies with meaningful Equity-to-Asset only.

Aspen Group Equity-to-Asset Historical Data

The historical data trend for Aspen Group's Equity-to-Asset 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 Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.61 0.63 0.61 0.47

Aspen Group Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.54 0.47 0.44 0.41 0.41

Competitive Comparison

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

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

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



Aspen Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Apr. 2022 )=Total Stockholders Equity/Total Assets
=42.546/91.066
=0.47

Aspen Group's Equity to Asset Ratio for the quarter that ended in Jan. 2023 is calculated as

Equity to Asset (Q: Jan. 2023 )=Total Stockholders Equity/Total Assets
=35.936/87.835
=0.41

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Aspen Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Aspen Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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