Aspen Group Balance Sheet Health
Financial Health criteria checks 2/6
Aspen Group has a total shareholder equity of $33.8M and total debt of $20.2M, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are $89.1M and $55.2M respectively.
Key information
59.8%
Debt to equity ratio
US$20.22m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.91m |
| Equity | US$33.83m |
| Total liabilities | US$55.23m |
| Total assets | US$89.06m |
Recent financial health updates
Is Aspen Group (NASDAQ:ASPU) Using Debt Sensibly?
Jan 13
We're Hopeful That Aspen Group (NASDAQ:ASPU) Will Use Its Cash Wisely
Oct 30Companies Like Aspen Group (NASDAQ:ASPU) Can Afford To Invest In Growth
May 24Recent updates
Aspen Group scraps $3M equity distribution deal, provides update on restructuring
Oct 11Aspen GAAP EPS of -$0.15 misses by $0.02, revenue of $18.89M beats by $0.31M
Sep 13Is Aspen Group (NASDAQ:ASPU) Using Debt Sensibly?
Jan 13Aspen Group: Current Headwinds Present Excellent Entry Point
Dec 18Aspen Group: Insider Buying Puts This Stock On Our Radar
Nov 26Aspen Group: High Growth Online Education Disrupter
Nov 16We're Hopeful That Aspen Group (NASDAQ:ASPU) Will Use Its Cash Wisely
Oct 30Aspen University: Great Opportunity For Growth And Value Investors
Jul 22Companies Like Aspen Group (NASDAQ:ASPU) Can Afford To Invest In Growth
May 24Aspen Group, Inc.'s (NASDAQ:ASPU) Shift From Loss To Profit
Mar 22Can You Imagine How Elated Aspen Group's (NASDAQ:ASPU) Shareholders Feel About Its 311% Share Price Gain?
Mar 01Are Investors Undervaluing Aspen Group, Inc. (NASDAQ:ASPU) By 21%?
Feb 14
What Percentage Of Aspen Group, Inc. (NASDAQ:ASPU) Shares Do Insiders Own?
Jan 30Here's Why We're Not At All Concerned With Aspen Group's (NASDAQ:ASPU) Cash Burn Situation
Jan 15At US$10.84, Is Aspen Group, Inc. (NASDAQ:ASPU) Worth Looking At Closely?
Dec 31The CFO & Director of Aspen Group, Inc. (NASDAQ:ASPU), Frank Cotroneo, Just Sold 50% Of Their Holding
Dec 31Aspen Group, Inc. (NASDAQ:ASPU) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year
Dec 18Aspen -3.5% despite raised fiscal 2021 revenue guidance
Dec 16When Will Aspen Group, Inc. (NASDAQ:ASPU) Turn A Profit?
Dec 07Aspen Group: Higher Education Stock Going Higher
Dec 02Can You Imagine How Elated Aspen Group's (NASDAQ:ASPU) Shareholders Feel About Its 425% Share Price Gain?
Nov 19Aspen's Q2 enrollments increased 20% and bookings up 34%
Nov 09Financial Position Analysis
Short Term Liabilities: ASPU's short term assets ($34.2M) exceed its short term liabilities ($23.4M).
Long Term Liabilities: ASPU's short term assets ($34.2M) exceed its long term liabilities ($31.8M).
Debt to Equity History and Analysis
Debt Level: ASPU's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: ASPU's debt to equity ratio has increased from 7.1% to 59.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ASPU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ASPU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.2% each year