ASPU (Aspen Group) Asset Turnover: 0.16 (As of Jan. 2026)

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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 Asset Turnover?

Aspen Group ASPU -6.64% 42 Asset Turnover is 0.16 as of Jan. 2026. GuruFocus rates ASPU with a GF Score™ of 42/100. The stock has 4 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Aspen Group's Revenue for the three months ended in Jan. 2026 was $10.39 Mil. Aspen Group's Total Assets for the quarter that ended in Jan. 2026 was $66.53 Mil. Therefore, Aspen Group's Asset Turnover for the quarter that ended in Jan. 2026 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Aspen Group's annualized ROE % for the quarter that ended in Jan. 2026 was 17.49%. It is also linked to ROA % through Du Pont Formula. Aspen Group's annualized ROA % for the quarter that ended in Jan. 2026 was 8.63%.


Aspen Group  (OTCPK:ASPU) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Aspen Group's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=5.74/32.826
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.74 / 41.56)*(41.56 / 66.528)*(66.528/ 32.826)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.81 %*0.6247*2.0267
=ROA %*Equity Multiplier
=8.63 %*2.0267
=17.49 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Aspen Group's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=5.74/66.528
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.74 / 41.56)*(41.56 / 66.528)
=Net Margin %*Asset Turnover
=13.81 %*0.6247
=8.63 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Aspen Group Asset Turnover Related Terms


Aspen Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Aspen Group's Asset Turnover 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 Asset Turnover Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.80 0.90 0.92 0.89

Aspen Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul24 Oct24 Jan25 Jul25 Oct25 Jan26
Asset Turnover 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 0.00 0.00 0.17 0.17 0.16

ASPU vs VSA, WAFU, AMBO: Asset Turnover Comparison

For the Education & Training Services subindustry, Aspen Group's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Education Industry

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

* The bar in red indicates where Aspen Group's Asset Turnover falls into.


ASPU
42GF Score
Aspen Group Inc ASPU
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Group Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2022 )/( (Total Assets (A: Apr. 2021 )+Total Assets (A: Apr. 2022 ))/ count )
=76.694/( (80.807+91.066)/ 2 )
=76.694/85.9365
=0.89

Aspen Group's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=10.39/( (66.381+66.675)/ 2 )
=10.39/66.528
=0.16

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.16 mean?
Aspen Group (ASPU) has a Asset Turnover of 0.16 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Aspen Group and its competitors.
Is Aspen Group's Asset Turnover too high?
Aspen Group's current Asset Turnover is 0.16. 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 Asset Turnover compare to VSA and WAFU?
Aspen Group's Asset Turnover of 0.16 can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Education company?
A good Asset Turnover depends on the Education industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Aspen Group and its competitors. Aspen Group's current Asset Turnover is 0.16. 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 Asset Turnover of 0.16. The current Asset Turnover is 0.16. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Aspen Group (ASPU), the current Asset Turnover is 0.16 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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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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