Aspen Group (APZ) — Cash Flow-to-Debt Ratio
Aspen Group (APZ) has a Cash Flow-to-Debt Ratio of 0.07x as of December 2025, meaning its operating cash flow of AU$20.74 Million could theoretically repay 0% of its total liabilities (AU$287.58 Million) in one year. See Aspen Group free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Aspen Group Cash Flow-to-Debt Ratio (1992–2025)
Historical debt coverage capacity for Aspen Group across 33 annual periods. Also explore APZ net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Aspen Group (1992–2025)
Year-by-year debt coverage analysis for Aspen Group. For market capitalisation and broader financial context, see market value of Aspen Group.
| Year | CF-to-Debt Ratio | Operating CF (AUD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | AU$22.90 Million | AU$187.81 Million | ▼ -7.3% |
| 2024 | 0.13x | AU$30.95 Million | AU$235.29 Million | ▲ +100.8% |
| 2023 | 0.07x | AU$14.06 Million | AU$214.67 Million | ▼ -83.6% |
| 2022 | 0.40x | AU$76.37 Million | AU$191.47 Million | ▲ +204.8% |
| 2021 | 0.13x | AU$12.74 Million | AU$97.38 Million | ▼ -33.5% |
| 2020 | 0.20x | AU$11.24 Million | AU$57.15 Million | ▲ +68.5% |
| 2019 | 0.12x | AU$3.85 Million | AU$32.97 Million | ▼ -70.5% |
| 2018 | 0.40x | AU$5.14 Million | AU$12.99 Million | ▼ -17.9% |
| 2017 | 0.48x | AU$4.61 Million | AU$9.54 Million | ▲ +8.7% |
| 2016 | 0.44x | AU$4.83 Million | AU$10.88 Million | ▲ +2063.2% |
| 2015 | 0.02x | AU$3.42 Million | AU$166.37 Million | ▼ -97.9% |
| 2014 | 0.96x | AU$40.51 Million | AU$42.02 Million | ▲ +4128.2% |
| 2013 | -0.02x | AU$-7.78 Million | AU$324.90 Million | ▼ -113.5% |
| 2011 | 0.18x | AU$36.85 Million | AU$207.43 Million | ▲ +47.5% |
| 2010 | 0.12x | AU$31.11 Million | AU$258.26 Million | ▲ +76.5% |
| 2009 | 0.07x | AU$15.01 Million | AU$219.88 Million | ▼ -54.1% |
| 2008 | 0.15x | AU$40.53 Million | AU$272.83 Million | ▲ +29.4% |
| 2007 | 0.11x | AU$23.52 Million | AU$204.85 Million | ▲ +16.5% |
| 2006 | 0.10x | AU$18.16 Million | AU$184.31 Million | ▲ +66.2% |
| 2005 | 0.06x | AU$8.24 Million | AU$139.06 Million | ▼ -2.6% |
| 2004 | 0.06x | AU$4.13 Million | AU$67.84 Million | ▲ +1999.1% |
| 2003 | 0.00x | AU$79.00K | AU$27.26 Million | ▲ +100.1% |
| 2002 | -2.39x | AU$-934.54K | AU$390.41K | ▲ +71.8% |
| 2001 | -8.50x | AU$-5.29 Million | AU$622.09K | ▼ -429.2% |
| 2000 | -1.61x | AU$-2.20 Million | AU$1.37 Million | ▲ +43.7% |
| 1999 | -2.85x | AU$-259.96K | AU$91.12K | ▼ -710.3% |
| 1998 | -0.35x | AU$-409.88K | AU$1.16 Million | ▲ +91.2% |
| 1997 | -4.00x | AU$-206.93K | AU$51.70K | ▼ -139.4% |
| 1996 | -1.67x | AU$-269.60K | AU$161.24K | ▲ +59.1% |
| 1995 | -4.09x | AU$-335.00K | AU$82.00K | ▼ -97.9% |
| 1994 | -2.06x | AU$-382.00K | AU$185.00K | ▼ -5062.2% |
| 1993 | -0.04x | AU$-33.00K | AU$825.00K | ▼ -127.7% |
| 1992 | 0.14x | AU$93.00K | AU$643.00K | — |