Balance Sheet Data

Aspen Group, Inc. (ASPU)

$0.9506

-0.01 (-0.53%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 2.7614.619.5214.358.5131.1846.1168.19100.83149.10
Total Cash (%)
Account Receivables 5.426.9910.6614.3516.7231.0945.9867.99100.54148.67
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 0.762.231.701.511.475.147.6111.2516.6324.60
Accounts Payable (%)
Capital Expenditure -0.81-1.89-2.62-3.29-8.98-8.41-12.43-18.38-27.19-40.20
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.