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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% Market Closed
Updated: Apr 25, 2024

ROIC
Return on Invested Capital

-1.6%
Current
-12%
Average
3.4%
Industry
Negative for the last year
-1.6%
Negative average
-12%
Better than average
Worse than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
-1.6%
=
NOPAT
-1.4m
/
Invested Capital
84.1m

ROIC Across Competitors

ROIC Comparison
Aspen Group Inc Competitors

Country US
Market Cap 6.8m USD
ROIC
-2%
Country ZA
Market Cap 15.4B Zac
ROIC
14%
Country CN
Market Cap 12.9B USD
ROIC
12%
Country US
Market Cap 9.2B USD
ROIC
-7%
Country CN
Market Cap 7.8B USD
ROIC
-9%
Country ZA
Market Cap 6.3B Zac
ROIC
2%
Country US
Market Cap 6.2B USD
ROIC
3%
Country ZA
Market Cap 4B Zac
ROIC
11%
Country US
Market Cap 3.9B USD
ROIC
30%
Country US
Market Cap 3.2B USD
ROIC
2%
Country AU
Market Cap 4.6B AUD
ROIC
20%

Profitability Report

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

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
-1.6%
=
NOPAT
-1.4m
/
Invested Capital
84.1m
What is the ROIC of Aspen Group Inc?

Based on Aspen Group Inc's most recent financial statements, the company has ROIC of -1.6%.