Aspen Group (APZ) — Capital Reinvestment Ratio
Aspen Group (APZ) has a Capital Reinvestment Ratio of 0.02x as of December 2025, meaning it reinvests 0% of its operating cash flow (AU$20.74 Million) in capital expenditures (AU$453.00K). See debt-free asset ratio of Aspen Group to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Aspen Group Capital Reinvestment Ratio (1992–2025)
This chart tracks Aspen Group's Capital Reinvestment Ratio across 22 annual periods. Check APZ capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Aspen Group (1992–2025)
Year-by-year Capital Reinvestment Ratio for Aspen Group from 1992 to 2025. For live market cap and broader valuation context, see how much is Aspen Group worth.
| Year | Reinvestment Ratio | Operating CF (AUD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.07x | AU$22.90 Million | AU$1.52 Million | ▲ +12.4% |
| 2024 | 0.06x | AU$30.95 Million | AU$1.83 Million | ▼ -63.4% |
| 2023 | 0.16x | AU$14.06 Million | AU$2.27 Million | ▲ +660.8% |
| 2022 | 0.02x | AU$76.37 Million | AU$1.62 Million | ▼ -74.7% |
| 2021 | 0.08x | AU$12.74 Million | AU$1.07 Million | ▼ -11.8% |
| 2020 | 0.09x | AU$11.24 Million | AU$1.07 Million | ▼ -98.6% |
| 2019 | 7.03x | AU$3.85 Million | AU$27.05 Million | ▲ +3.2% |
| 2018 | 6.81x | AU$5.14 Million | AU$35.03 Million | ▲ +39.2% |
| 2017 | 4.89x | AU$4.61 Million | AU$22.55 Million | ▼ -1.2% |
| 2016 | 4.95x | AU$4.83 Million | AU$23.94 Million | ▼ -68.2% |
| 2015 | 15.58x | AU$3.42 Million | AU$53.21 Million | ▲ +21037840.1% |
| 2014 | 0.00x | AU$40.51 Million | AU$3.00K | ▼ -100.0% |
| 2011 | 0.32x | AU$36.85 Million | AU$11.80 Million | ▼ -37.7% |
| 2010 | 0.51x | AU$31.11 Million | AU$15.99 Million | ▼ -14.1% |
| 2009 | 0.60x | AU$15.01 Million | AU$8.98 Million | ▼ -6.4% |
| 2008 | 0.64x | AU$40.53 Million | AU$25.93 Million | ▲ +26.7% |
| 2007 | 0.50x | AU$23.52 Million | AU$11.88 Million | ▲ +5631.8% |
| 2006 | 0.01x | AU$18.16 Million | AU$160.00K | ▼ -5.7% |
| 2005 | 0.01x | AU$8.24 Million | AU$77.00K | ▼ -99.9% |
| 2004 | 13.71x | AU$4.13 Million | AU$56.57 Million | ▲ +15369.7% |
| 2003 | 0.09x | AU$79.00K | AU$7.00K | ▼ -45.1% |
| 1992 | 0.16x | AU$93.00K | AU$15.00K | — |