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Aspen Group (Aspen Group) Liabilities-to-Assets : 0.59 (As of Jan. 2023)


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What is Aspen Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Aspen Group's Total Liabilities for the quarter that ended in Jan. 2023 was $51.90 Mil. Aspen Group's Total Assets for the quarter that ended in Jan. 2023 was $87.84 Mil. Therefore, Aspen Group's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2023 was 0.59.


Aspen Group Liabilities-to-Assets Historical Data

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

* Premium members only.

Aspen Group Liabilities-to-Assets Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.39 0.37 0.39 0.53

Aspen Group Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
Liabilities-to-Assets 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 0.46 0.53 0.56 0.59 0.59

Competitive Comparison of Aspen Group's Liabilities-to-Assets

For the Education & Training Services subindustry, Aspen Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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's Liabilities-to-Assets Distribution in the Education Industry

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

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



Aspen Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Aspen Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2022 is calculated as:

Liabilities-to-Assets (A: Apr. 2022 )=Total Liabilities/Total Assets
=48.52/91.066
=0.53

Aspen Group's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2023 is calculated as

Liabilities-to-Assets (Q: Jan. 2023 )=Total Liabilities/Total Assets
=51.898/87.835
=0.59

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Aspen Group Liabilities-to-Assets Related Terms

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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