Aspen Group Inc
Aspen Group, Inc., an education technology company, provides online higher education services in the United States. The company offers associates, bachelor's, master's, and doctoral degree programs in nursing and health sciences, business and technology, and education fields through Aspen University and United States University. As of April 30, 2025, 4,860 of 5,809 or 84% of all active students a… Read more
Aspen Group Inc (ASPU) - Total Assets
Latest total assets as of January 2024: $85.20 Million USD
Based on the latest financial reports, Aspen Group Inc (ASPU) holds total assets worth $85.20 Million USD as of January 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Aspen Group Inc - Total Assets Trend (2010–2023)
This chart illustrates how Aspen Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Aspen Group Inc - Asset Composition Analysis
Current Asset Composition (April 2023)
Aspen Group Inc's total assets of $85.20 Million consist of 35.4% current assets and 64.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.1% |
| Accounts Receivable | $19.23 Million | 23.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.19 Million | 10.1% |
| Goodwill | $5.01 Million | 6.2% |
Asset Composition Trend (2010–2023)
This chart illustrates how Aspen Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Aspen Group Inc's current assets represent 35.4% of total assets in 2023, a decrease from 100.0% in 2010.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2023, down from 100.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 23.8% of total assets.
Aspen Group Inc Competitors by Total Assets
Key competitors of Aspen Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PT Lavender Bina Cendikia Tbk
JK:BMBL
|
Indonesia | Rp75.43 Billion |
|
Xiamen Insight Investment Co Ltd
SHE:000526
|
China | CN¥4.23 Billion |
|
Offcn Education Technology Co Ltd
SHE:002607
|
China | CN¥5.98 Billion |
|
Eduspec Holdings Bhd
KLSE:0107
|
Malaysia | RM94.93 Million |
|
SMRT Holdings Bhd
KLSE:0117
|
Malaysia | RM117.70 Million |
|
Daekyo
KO:019680
|
Korea | ₩610.25 Billion |
|
Daekyo Co Ltd
KO:019685
|
Korea | ₩610.25 Billion |
|
Peoplelogy Berhad
KLSE:0356
|
Malaysia | RM43.41 Million |
Aspen Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Aspen Group Inc generates 0.82x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Aspen Group Inc is currently not profitable relative to its asset base.
Aspen Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.35 | 1.29 | 3.31 |
| Quick Ratio | 1.35 | 1.29 | 3.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $8.26 Million | $ 6.95 Million | $ 14.69 Million |
Aspen Group Inc - Advanced Valuation Insights
This section examines the relationship between Aspen Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.11 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -11.2% |
| Total Assets | $80.87 Million |
| Market Capitalization | $3.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Aspen Group Inc's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Aspen Group Inc's assets decreased by 11.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Aspen Group Inc (2010–2023)
The table below shows the annual total assets of Aspen Group Inc from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-04-30 | $80.87 Million | -11.20% |
| 2022-04-30 | $91.07 Million | +12.70% |
| 2021-04-30 | $80.81 Million | +21.99% |
| 2020-04-30 | $66.24 Million | +53.32% |
| 2019-04-30 | $43.20 Million | +3.89% |
| 2018-04-30 | $41.59 Million | +289.64% |
| 2017-04-30 | $10.67 Million | +136.83% |
| 2016-04-30 | $4.51 Million | -23.85% |
| 2015-04-30 | $5.92 Million | +65.14% |
| 2014-04-30 | $3.58 Million | +5.35% |
| 2013-04-30 | $3.40 Million | +665591.78% |
| 2012-04-30 | $511.00 | -95.60% |
| 2011-04-30 | $11.60K | +28.93% |
| 2010-04-30 | $9.00K | -- |