Aspen Group Working Capital to Net Assets Ratio
Aspen Group working capital to net assets ratio. Aspen Group (APZ) has a Working Capital to Net Assets ratio of -9.3% as of June 2026. Working capital of AU$-56.18 Million (current assets of AU$7.80 Million minus current liabilities of AU$63.98 Million) is measured against net assets of AU$601.46 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check APZ goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Aspen Group (1992–2026)
Working capital to net assets ratio of Aspen Group from 1992 to 2026. This chart shows how Aspen Group's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1992 to 2026. As of June 2026, the ratio stands at -9.3%, reflecting working capital of AU$-56.18 Million against net assets of AU$601.46 Million AUD. See how many days can Aspen Group fund operations to measure how many days the company can operate on defensive assets alone.
Aspen Group Working Capital to Net Assets Ratio by Year (1992–2026)
Aspen Group working capital to net assets ratio by year from 1992 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Aspen Group from 1992 to 2026, covering 34 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see APZ total assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -9.3% | AU$-56.18 Million | AU$601.46 Million | AU$7.80 Million | AU$63.98 Million | ▼ -7.0 pp |
| 2025 | -2.4% | AU$-12.90 Million | AU$545.65 Million | AU$44.19 Million | AU$57.09 Million | ▲ +1.0 pp |
| 2024 | -3.3% | AU$-14.38 Million | AU$433.66 Million | AU$40.78 Million | AU$55.16 Million | ▲ +2.8 pp |
| 2023 | -6.1% | AU$-22.04 Million | AU$361.17 Million | AU$27.82 Million | AU$49.86 Million | ▲ +4.6 pp |
| 2022 | -10.7% | AU$-29.55 Million | AU$277.02 Million | AU$15.12 Million | AU$44.67 Million | ▼ -7.3 pp |
| 2021 | -3.4% | AU$-5.18 Million | AU$152.55 Million | AU$13.37 Million | AU$18.55 Million | ▼ -8.1 pp |
| 2020 | 4.7% | AU$6.31 Million | AU$134.03 Million | AU$17.86 Million | AU$11.55 Million | ▲ +0.4 pp |
| 2019 | 4.3% | AU$4.67 Million | AU$108.77 Million | AU$13.14 Million | AU$8.47 Million | ▼ -6.8 pp |
| 2018 | 11.1% | AU$12.76 Million | AU$114.68 Million | AU$21.04 Million | AU$8.29 Million | ▼ -31.5 pp |
| 2017 | 42.6% | AU$52.69 Million | AU$123.57 Million | AU$62.24 Million | AU$9.54 Million | ▲ +4.2 pp |
| 2016 | 38.4% | AU$49.09 Million | AU$127.76 Million | AU$59.98 Million | AU$10.88 Million | ▼ -4.4 pp |
| 2015 | 42.8% | AU$83.90 Million | AU$196.06 Million | AU$140.02 Million | AU$56.12 Million | ▼ -31.4 pp |
| 2014 | 74.2% | AU$133.28 Million | AU$179.70 Million | AU$170.80 Million | AU$37.52 Million | ▲ +43.5 pp |
| 2013 | 30.6% | AU$87.65 Million | AU$286.03 Million | AU$218.86 Million | AU$131.21 Million | ▲ +75.4 pp |
| 2012 | -44.8% | AU$-111.29 Million | AU$248.57 Million | AU$163.98 Million | AU$275.27 Million | ▼ -42.5 pp |
| 2011 | -2.2% | AU$-8.69 Million | AU$390.36 Million | AU$43.89 Million | AU$52.58 Million | ▼ -3.2 pp |
| 2010 | 1.0% | AU$3.70 Million | AU$388.62 Million | AU$38.71 Million | AU$35.01 Million | ▼ -3.1 pp |
| 2009 | 4.1% | AU$16.36 Million | AU$400.91 Million | AU$52.74 Million | AU$36.38 Million | ▼ -6.7 pp |
| 2008 | 10.7% | AU$40.79 Million | AU$379.91 Million | AU$84.67 Million | AU$43.88 Million | ▼ -8.0 pp |
| 2007 | 18.7% | AU$62.08 Million | AU$331.82 Million | AU$87.23 Million | AU$25.15 Million | ▲ +6.7 pp |
| 2006 | 12.0% | AU$20.17 Million | AU$168.11 Million | AU$40.42 Million | AU$20.25 Million | ▲ +15.4 pp |
| 2005 | -3.4% | AU$-2.87 Million | AU$84.36 Million | AU$15.34 Million | AU$18.21 Million | ▼ -7.7 pp |
| 2003 | 4.3% | AU$764.00K | AU$17.63 Million | AU$1.97 Million | AU$1.21 Million | ▼ -59.7 pp |
| 2002 | 64.0% | AU$328.29K | AU$513.07K | AU$718.70K | AU$390.41K | ▲ +41.2 pp |
| 2001 | 22.8% | AU$52.42K | AU$229.61K | AU$674.50K | AU$622.09K | ▼ -11.4 pp |
| 2000 | 34.2% | AU$4.39 Million | AU$12.83 Million | AU$5.76 Million | AU$1.37 Million | ▲ +25.1 pp |
| 1999 | 9.2% | AU$258.16K | AU$2.82 Million | AU$349.28K | AU$91.12K | ▲ +11.9 pp |
| 1998 | -2.8% | AU$-57.78K | AU$2.10 Million | AU$147.57K | AU$205.35K | ▼ -7.1 pp |
| 1997 | 4.3% | AU$156.78K | AU$3.64 Million | AU$208.47K | AU$51.70K | ▼ -9.2 pp |
| 1996 | 13.5% | AU$516.97K | AU$3.82 Million | AU$678.22K | AU$161.24K | ▲ +8.2 pp |
| 1995 | 5.3% | AU$161.00K | AU$3.03 Million | AU$243.00K | AU$82.00K | ▼ -53.4 pp |
| 1994 | 58.7% | AU$1.91 Million | AU$3.25 Million | AU$2.09 Million | AU$185.00K | ▼ -59.2 pp |
| 1993 | 117.9% | AU$-822.00K | AU$-697.00K | AU$3.00K | AU$825.00K | ▼ -15.6 pp |
| 1992 | 133.5% | AU$-637.00K | AU$-477.00K | AU$1.00K | AU$638.00K | — |