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: AYV1's short term assets (A$40.8M) do not cover its short term liabilities (A$55.2M).
Long Term Liabilities: AYV1'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: AYV1's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: AYV1's debt to equity ratio has increased from 22.5% to 45.9% over the past 5 years.
Debt Coverage: AYV1's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: AYV1's interest payments on its debt are well covered by EBIT (3.4x coverage).