Aspen Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Aspen Group's balance sheet done over the years? Its assets were worth $80,867,215 last year, which is less than in the previous period. 56% of Aspen Group’s total assets is currently financed by debt. Its liabilities reached the amount of $45,320,433, which means an decrease by -7% compared compared to last year.
Debt to Assets
| 2014 | 3583840 | 5.36M | 149.8% |
|---|---|---|---|
| 2015 | 5918248 | 3.32M | 56.1% |
| 2016 | 4506771 | 2.69M | 59.77% |
| 2017 | 10673554 | 2.83M | 26.55% |
| 2018 | 41588532 | 7.85M | 18.89% |
| 2019 | 43204503 | 16.74M | 38.75% |
| 2020 | 66239511 | 24.49M | 36.97% |
| 2021 | 80806906 | 31.71M | 39.25% |
| 2022 | 91066051 | 48.52M | 53.28% |
| 2023 | 80867215 | 45.32M | 56.04% |
ASPU Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 5.72M | 6.48M | 8.51M | 14.35M | 9.51M | 14.61M | 2.75M | 783.79K | 2.15M | 247.38K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 19.22M | 24.35M | 16.72M | 14.34M | 10.65M | 6.98M | 5.42M | 2.17M | 1.05M | 649.89K |
Inventory | 0 | 7.79M | 6.23M | 4.49M | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 3.67M | 748.56K | 68.52K | 173.09K | 0 | 389.91K | 133.53K | 0 | 121.59K | 51.13K |
Total current assets | 28.63M | 39.38M | 31.53M | 33.37M | 21.03M | 21.98M | 8.31M | 3.08M | 4.46M | 1.81M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 25.79M | 26.14M | 25.37M | 12.56M | 4.39M | 2.86M | 1.45M | 1.14M | 1.21M | 1.28M |
Goodwill | 5.01M | 5.01M | 5.01M | 5.01M | 5.01M | 5.01M | 0 | 0 | 0 | 0 |
Intangible assets | 8.19M | 8.17M | 8.09M | 8.01M | 8.70M | 9.77M | 145.47K | 194.93K | 173.31K | 108.88K |
Long term investments | 13.00M | 0 | 0 | 0 | 0 | 0 | 702.87K | 0 | 0 | 0 |
Other non-current assets | 234.43K | 12.35M | 10.79M | 7.28M | 4.06M | 1.94M | 759.28K | 76.50K | 72.00K | 377.52K |
Total non-current assets | 52.23M | 51.68M | 49.26M | 32.86M | 22.16M | 19.59M | 2.35M | 1.42M | 1.45M | 1.76M |
Total assets | 80.86M | 91.06M | 80.80M | 66.23M | 43.20M | 41.58M | 10.67M | 4.50M | 5.91M | 3.58M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 2.97M | 5.88M | 6.82M | 3.71M | 2.45M | 1.81M | 1.35M | 1.01M | 784.81K | 653.51K |
Short term debt | 7.50M | 2.03M | 2.02M | 1.68M | 50K | 1.05M | 50K | 50K | 50K | 1.96M |
Total current liabilities | 17.81M | 16.83M | 15.41M | 10.35M | 6.35M | 6.77M | 2.74M | 1.36M | 1.47M | 3.51M |
| Non-current liabilities: | ||||||||||
Long term debt | 27.50M | 31.68M | 16.29M | 14.13M | 9.64M | 1M | 0 | 1.30M | 1.84M | 1.84M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 746.17K | 77.36K | 86.93K | 29.16K | 0 | 7.75K |
Total non-current liabilities | 27.50M | 31.68M | 16.29M | 14.13M | 10.39M | 1.07M | 86.93K | 1.33M | 1.84M | 1.85M |
Total liabilities | 45.32M | 48.52M | 31.71M | 24.49M | 16.74M | 7.85M | 2.83M | 2.69M | 3.32M | 5.36M |
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