Asure Ev To Free Cash Flow from 2010 to 2024

ASUR Stock  USD 9.82  0.17  1.76%   
Asure Software EV To Free Cash Flow yearly trend continues to be relatively stable with very little volatility. EV To Free Cash Flow is likely to grow to 76.00 this year. EV To Free Cash Flow is a valuation metric comparing Asure Software's enterprise value to its free cash flow, used to evaluate whether Asure Software is undervalued or overvalued. View All Fundamentals
 
EV To Free Cash Flow  
First Reported
2010-12-31
Previous Quarter
72.38291998
Current Value
76
Quarterly Volatility
38.85869313
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Asure Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asure Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.6 M, Interest Expense of 2.3 M or Selling General Administrative of 26.7 M, as well as many indicators such as Price To Sales Ratio of 2.29, Dividend Yield of 0.0 or PTB Ratio of 1.04. Asure financial statements analysis is a perfect complement when working with Asure Software Valuation or Volatility modules.
  
Check out the analysis of Asure Software Correlation against competitors.
To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.

Latest Asure Software's Ev To Free Cash Flow Growth Pattern

Below is the plot of the Ev To Free Cash Flow of Asure Software over the last few years. It is a valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued. Asure Software's EV To Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asure Software's overall financial position and show how it may be relating to other accounts over time.
Ev To Free Cash Flow10 Years Trend
Slightly volatile
   Ev To Free Cash Flow   
       Timeline  

Asure Ev To Free Cash Flow Regression Statistics

Arithmetic Mean8.99
Coefficient Of Variation432.40
Mean Deviation31.34
Median7.75
Standard Deviation38.86
Sample Variance1,510
Range141
R-Value0.29
Mean Square Error1,489
R-Squared0.08
Significance0.29
Slope2.52
Total Sum of Squares21,140

Asure Ev To Free Cash Flow History

2024 76.0
2023 72.38
2022 44.25
2021 -6.3
2020 -21.73
2019 -25.0
2018 -12.98

About Asure Software Financial Statements

Asure Software shareholders use historical fundamental indicators, such as Ev To Free Cash Flow, to determine how well the company is positioned to perform in the future. Although Asure Software investors may analyze each financial statement separately, they are all interrelated. The changes in Asure Software's assets and liabilities, for example, are also reflected in the revenues and expenses on on Asure Software's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
EV To Free Cash Flow 72.38  76.00 

Pair Trading with Asure Software

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asure Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asure Software will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Asure Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asure Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asure Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asure Software to buy it.
The correlation of Asure Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asure Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asure Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asure Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Asure Stock Analysis

When running Asure Software's price analysis, check to measure Asure Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asure Software is operating at the current time. Most of Asure Software's value examination focuses on studying past and present price action to predict the probability of Asure Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asure Software's price. Additionally, you may evaluate how the addition of Asure Software to your portfolios can decrease your overall portfolio volatility.