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Aspen Group Inc
NASDAQ:ASPU

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Aspen Group Inc
NASDAQ:ASPU
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Price: 0.267 USD 3.09%
Updated: Apr 25, 2024

ROE
Return on Equity

-8.9%
Current
-21%
Average
5.5%
Industry
Negative for the last year
-8.9%
Negative average
-21%
Better than average
Worse than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
-8.9%
=
Net Income
-3.2m
/
Equity
34.9m

ROE Across Competitors

ROE Comparison
Aspen Group Inc Competitors

Country US
Market Cap 6.8m USD
ROE
-9%
Country ZA
Market Cap 15.4B Zac
ROE
18%
Country CN
Market Cap 13.4B USD
ROE
8%
Country US
Market Cap 9.1B USD
ROE
3%
Country CN
Market Cap 8.3B USD
ROE
-2%
Country ZA
Market Cap 6.3B Zac
ROE
1%
Country US
Market Cap 6.2B USD
ROE
6%
Country ZA
Market Cap 4B Zac
ROE
12%
Country US
Market Cap 3.9B USD
ROE
30%
Country US
Market Cap 3.2B USD
ROE
5%
Country AU
Market Cap 4.6B AUD
ROE
31%

Profitability Report

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

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
-8.9%
=
Net Income
-3.2m
/
Equity
34.9m
What is the ROE of Aspen Group Inc?

Based on Aspen Group Inc's most recent financial statements, the company has ROE of -8.9%.