Aspen Group Ltd (ASGR) — Working Capital to Net Assets Ratio
Aspen Group Ltd (ASGR) has a Working Capital to Net Assets ratio of -2.0% as of December 2025. Working capital of ILA-19.68 Million (current assets of ILA543.16 Million minus current liabilities of ILA562.85 Million) is measured against net assets of ILA1.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Aspen Group Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Aspen Group Ltd Working Capital to Net Assets (2013–2025)
This chart shows how Aspen Group Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at -2.0%, reflecting working capital of ILA-19.68 Million against net assets of ILA1.01 Billion ILA. Check Aspen Group Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Aspen Group Ltd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Aspen Group Ltd from 2013 to 2025, covering 13 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 live market cap and the full company profile, see Aspen Group Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -2.0% | ILA-19.68 Million | ILA1.01 Billion | ILA543.16 Million | ILA562.85 Million | ▲ +18.7 pp |
| 2024 | -20.7% | ILA-194.14 Million | ILA938.98 Million | ILA484.65 Million | ILA678.79 Million | ▼ -3.0 pp |
| 2023 | -17.7% | ILA-275.38 Million | ILA1.56 Billion | ILA403.18 Million | ILA678.56 Million | ▼ -20.2 pp |
| 2022 | 2.6% | ILA41.35 Million | ILA1.62 Billion | ILA755.86 Million | ILA714.51 Million | ▼ -8.9 pp |
| 2021 | 11.4% | ILA158.80 Million | ILA1.39 Billion | ILA534.41 Million | ILA375.61 Million | ▲ +20.0 pp |
| 2020 | -8.6% | ILA-73.67 Million | ILA857.89 Million | ILA424.74 Million | ILA498.41 Million | ▼ -57.1 pp |
| 2019 | 48.5% | ILA431.68 Million | ILA890.47 Million | ILA931.11 Million | ILA499.43 Million | ▲ +90.0 pp |
| 2018 | -41.5% | ILA-335.11 Million | ILA807.22 Million | ILA260.41 Million | ILA595.51 Million | ▼ -31.9 pp |
| 2017 | -9.6% | ILA-67.48 Million | ILA703.33 Million | ILA233.41 Million | ILA300.89 Million | ▼ -16.9 pp |
| 2016 | 7.3% | ILA38.70 Million | ILA527.80 Million | ILA260.53 Million | ILA221.83 Million | ▲ +24.1 pp |
| 2015 | -16.8% | ILA-84.20 Million | ILA502.21 Million | ILA173.84 Million | ILA258.05 Million | ▼ -22.4 pp |
| 2014 | 5.6% | ILA27.06 Million | ILA482.80 Million | ILA219.62 Million | ILA192.56 Million | ▼ -16.9 pp |
| 2013 | 22.5% | ILA100.05 Million | ILA444.18 Million | ILA390.83 Million | ILA290.78 Million | — |