Aspen Group Balance Sheet Health
Financial Health criteria checks 1/6
Aspen Group has a total shareholder equity of A$433.7M and total debt of A$199.2M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are A$669.0M and A$235.3M respectively. Aspen Group's EBIT is A$27.0M making its interest coverage ratio 3.4. It has cash and short-term investments of A$6.2M.
Key information
45.9%
Debt to equity ratio
AU$199.16m
Debt
| Interest coverage ratio | 3.4x |
| Cash | AU$6.21m |
| Equity | AU$433.66m |
| Total liabilities | AU$235.30m |
| Total assets | AU$668.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APZ's short term assets (A$40.8M) do not cover its short term liabilities (A$55.2M).
Long Term Liabilities: APZ's short term assets (A$40.8M) do not cover its long term liabilities (A$180.1M).
Debt to Equity History and Analysis
Debt Level: APZ's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: APZ's debt to equity ratio has increased from 22.5% to 45.9% over the past 5 years.
Debt Coverage: APZ's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: APZ's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aspen Group is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew MacFarlane | Bell Potter |
| Matthew Nicholas | CGS International |
| Ronan Barratt | MA Moelis Australia Securities Pty Ltd |