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Aspen Group Inc
NASDAQ:ASPU

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Aspen Group Inc
NASDAQ:ASPU
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Price: 0.2116 USD -14.3%
Updated: Apr 19, 2024

ROA
Return on Assets

-3.5%
Current
-12%
Average
0.7%
Industry
Negative for the last year
-3.5%
Negative average
-12%
Better than average
Worse than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-3.5%
=
Net Income
-3.2m
/
Total Assets
88.4m

ROA Across Competitors

ROA Comparison
Aspen Group Inc Competitors

Country US
Market Cap 5.4m USD
ROA
-4%
Country ZA
Market Cap 15.2B Zac
ROA
10%
Country CN
Market Cap 14.5B USD
ROA
5%
Country US
Market Cap 8.7B USD
ROA
2%
Country CN
Market Cap 7.4B USD
ROA
-1%
Country ZA
Market Cap 6.1B Zac
ROA
0%
Country US
Market Cap 6B USD
ROA
2%
Country ZA
Market Cap 4B Zac
ROA
9%
Country US
Market Cap 3.9B USD
ROA
23%
Country US
Market Cap 3.1B USD
ROA
3%
Country AU
Market Cap 4.6B AUD
ROA
14%

Profitability Report

View the profitability report to see the full profitability analysis for Aspen Group Inc.

See Also

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What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-3.5%
=
Net Income
-3.2m
/
Total Assets
88.4m
What is the ROA of Aspen Group Inc?

Based on Aspen Group Inc's most recent financial statements, the company has ROA of -3.5%.