Aspen Group (APZ) — Net Asset Quality Index
Aspen Group (APZ) has a Net Asset Quality Index of 66.5% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$859.07 Million minus total liabilities of AU$287.58 Million yields net assets of AU$571.49 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Aspen Group liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Aspen Group Net Asset Quality Index Over Time (1992–2025)
This chart shows how Aspen Group's Net Asset Quality Index has evolved across 34 annual periods from 1992 to 2025. As of December 2025, the index stands at 66.5%, representing net assets of AU$571.49 Million against total assets of AU$859.07 Million AUD. Explore APZ cash generation efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Aspen Group (1992–2025)
The table below presents the year-by-year Net Asset Quality Index for Aspen Group from 1992 to 2025, covering 34 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is Aspen Group worth.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 74.4% | AU$545.65 Million | AU$733.46 Million | AU$187.81 Million | ▲ +9.6 pp |
| 2024 | 64.8% | AU$433.66 Million | AU$668.95 Million | AU$235.29 Million | ▲ +2.1 pp |
| 2023 | 62.7% | AU$361.17 Million | AU$575.84 Million | AU$214.67 Million | ▲ +3.6 pp |
| 2022 | 59.1% | AU$277.02 Million | AU$468.49 Million | AU$191.47 Million | ▼ -1.9 pp |
| 2021 | 61.0% | AU$152.55 Million | AU$249.93 Million | AU$97.38 Million | ▼ -9.1 pp |
| 2020 | 70.1% | AU$134.03 Million | AU$191.18 Million | AU$57.15 Million | ▼ -6.6 pp |
| 2019 | 76.7% | AU$108.77 Million | AU$141.74 Million | AU$32.97 Million | ▼ -13.1 pp |
| 2018 | 89.8% | AU$114.68 Million | AU$127.66 Million | AU$12.99 Million | ▼ -3.0 pp |
| 2017 | 92.8% | AU$123.57 Million | AU$133.11 Million | AU$9.54 Million | ▲ +0.7 pp |
| 2016 | 92.1% | AU$127.76 Million | AU$138.65 Million | AU$10.88 Million | ▲ +38.1 pp |
| 2015 | 54.1% | AU$196.06 Million | AU$362.43 Million | AU$166.37 Million | ▼ -27.0 pp |
| 2014 | 81.0% | AU$179.70 Million | AU$221.72 Million | AU$42.02 Million | ▲ +34.2 pp |
| 2013 | 46.8% | AU$286.03 Million | AU$610.93 Million | AU$324.90 Million | ▲ +4.5 pp |
| 2012 | 42.3% | AU$248.57 Million | AU$587.42 Million | AU$338.86 Million | ▼ -23.0 pp |
| 2011 | 65.3% | AU$390.36 Million | AU$597.78 Million | AU$207.43 Million | ▲ +5.2 pp |
| 2010 | 60.1% | AU$388.62 Million | AU$646.88 Million | AU$258.26 Million | ▼ -4.5 pp |
| 2009 | 64.6% | AU$400.91 Million | AU$620.79 Million | AU$219.88 Million | ▲ +6.4 pp |
| 2008 | 58.2% | AU$379.91 Million | AU$652.74 Million | AU$272.83 Million | ▼ -3.6 pp |
| 2007 | 61.8% | AU$331.82 Million | AU$536.67 Million | AU$204.85 Million | ▲ +14.1 pp |
| 2006 | 47.7% | AU$168.11 Million | AU$352.42 Million | AU$184.31 Million | ▲ +9.9 pp |
| 2005 | 37.8% | AU$84.36 Million | AU$223.42 Million | AU$139.06 Million | ▲ +3.2 pp |
| 2004 | 34.6% | AU$35.90 Million | AU$103.73 Million | AU$67.84 Million | ▼ -4.7 pp |
| 2003 | 39.3% | AU$17.63 Million | AU$44.89 Million | AU$27.26 Million | ▼ -17.5 pp |
| 2002 | 56.8% | AU$513.07K | AU$903.48K | AU$390.41K | ▲ +29.8 pp |
| 2001 | 27.0% | AU$229.61K | AU$851.70K | AU$622.09K | ▼ -63.4 pp |
| 2000 | 90.3% | AU$12.83 Million | AU$14.20 Million | AU$1.37 Million | ▼ -6.5 pp |
| 1999 | 96.9% | AU$2.82 Million | AU$2.91 Million | AU$91.12K | ▲ +32.6 pp |
| 1998 | 64.3% | AU$2.10 Million | AU$3.26 Million | AU$1.16 Million | ▼ -34.3 pp |
| 1997 | 98.6% | AU$3.64 Million | AU$3.69 Million | AU$51.70K | ▲ +2.7 pp |
| 1996 | 95.9% | AU$3.82 Million | AU$3.98 Million | AU$161.24K | ▼ -1.4 pp |
| 1995 | 97.4% | AU$3.03 Million | AU$3.12 Million | AU$82.00K | ▲ +2.8 pp |
| 1994 | 94.6% | AU$3.25 Million | AU$3.44 Million | AU$185.00K | ▲ +639.1 pp |
| 1993 | -544.5% | AU$-697.00K | AU$128.00K | AU$825.00K | ▼ -257.2 pp |
| 1992 | -287.3% | AU$-477.00K | AU$166.00K | AU$643.00K | — |