Asure Software Financials

ASUR Stock  USD 9.65  0.13  1.37%   
Based on the measurements of operating efficiency obtained from Asure Software's historical financial statements, Asure Software is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, Asure Software's Cash is relatively stable compared to the past year. As of 11/24/2024, Non Current Assets Total is likely to grow to about 185.5 M, while Retained Earnings are likely to drop (305 M). Key indicators impacting Asure Software's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.02870.0303
Notably Down
Slightly volatile
Current Ratio1.051.1072
Notably Down
Pretty Stable
Investors should never underestimate Asure Software's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Asure Software's cash flow, debt, and profitability to make informed and accurate decisions about investing in Asure Software.

Net Income

(9.67 Million)

  
Understanding current and past Asure Software Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Asure Software's financial statements are interrelated, with each one affecting the others. For example, an increase in Asure Software's assets may result in an increase in income on the income statement.

Asure Software Stock Summary

Asure Software competes with OLB. Asure Software, Inc. provides cloud-based human capital management solutions the United States. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas. Asure Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 508 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS04649U1025
CUSIP04649U102 34629U103 918333105
LocationTexas; U.S.A
Business Address405 Colorado Street,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.asuresoftware.com
Phone512 437 2700
CurrencyUSD - US Dollar

Asure Software Key Financial Ratios

Asure Software Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets335.0M515.4M433.2M419.9M443.9M466.1M
Other Current Liab155.2M326.9M223.5M216.7M228.9M240.4M
Net Debt5.4M3.2M27.9M26.2M(19.9M)(18.9M)
Retained Earnings(253.6M)(270.0M)(266.8M)(281.2M)(290.4M)(305.0M)
Accounts Payable1.7M1.3M565K2.2M2.6M4.2M
Cash28.8M28.6M13.4M17.0M30.3M31.8M
Net Receivables4.8M3.8M5.3M12.1M14.2M8.2M
Inventory656K449K246K251K155K147.3K
Other Current Assets1.3M323.9M230.9M213.9M222.5M233.7M
Total Liab197.5M369.8M275.0M274.8M252.2M264.8M
Total Current Assets184.4M358.2M249.8M243.3M267.2M280.6M
Short Term Debt4.1M16.0M5.0M7.8M3.0M3.3M
Intangible Assets63.9M64.6M78.6M66.6M62.1M65.2M
Common Stock161K193K204K206K254K169.3K
Other Liab797K2.2M4.3M2.4M2.2M1.5M
Other Assets3.2M331.5M4.1M5.5M1.00.95
Long Term Debt24.1M12.2M33.1M30.8M4.3M4.1M
Good Will111.4M68.7M74.0M86.0M98.9M55.3M
Net Tangible Assets5.0M7.1M(6.3M)(7.5M)(8.7M)(9.1M)
Long Term Debt Total107.2M24.1M12.2M33.1M38.1M34.8M
Capital Surpluse391.9M396.1M419.8M429.9M494.4M372.1M

Asure Software Key Income Statement Accounts

The reason investors look at the income statement is to determine what Asure Software's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense15.4M2.2M2.0M4.4M4.3M2.3M
Total Revenue73.2M65.5M76.1M95.8M119.1M125.0M
Gross Profit43.3M38.1M46.6M62.5M85.5M89.8M
Operating Income(15.9M)(13.8M)(12.8M)(9.9M)(3.0M)(3.1M)
Ebit2.1M(14.8M)6.0M(9.9M)(4.8M)(5.0M)
Ebitda2.3M1.4M23.9M10.5M15.8M16.6M
Cost Of Revenue29.8M27.4M29.5M33.3M33.5M19.9M
Income Before Tax(66.4M)(16.0M)4.0M(14.4M)(9.1M)(9.6M)
Net Income(42.3M)(16.3M)3.2M(14.5M)(9.2M)(9.7M)
Income Tax Expense(24.1M)337K802K112K109K103.6K
Research Development5.4M6.0M5.4M6.1M6.8M5.0M
Tax Provision(24.1M)337K802K112K173K181.7K
Net Interest Income(15.4M)(2.2M)(2.0M)(4.4M)(5.8M)(6.0M)

Asure Software Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.6M)11K142K(14K)97K101.9K
Change In Cash13.4M(249K)(126.2M)(34.7M)13.6M14.3M
Free Cash Flow(5.3M)(5.3M)(28.4M)4.8M2.6M2.8M
Depreciation18.2M16.2M17.8M20.4M20.6M21.6M
Capital Expenditures4.8M3.6M29.8M8.8M16.3M17.1M
Net Income30.0M(16.3M)3.2M(14.5M)(9.2M)(9.7M)
End Period Cash Flow28.8M28.6M198.7M164.0M177.6M186.5M
Other Non Cash Items(55.1M)1.8M(8.5M)(622K)3.3M3.4M
Investments96.9M(201.1M)(7.2M)(36.0M)(20.2M)(21.2M)
Change Receivables(1.7M)(1.4M)1.1M(1.3M)(1.2M)(1.2M)
Net Borrowings(91.5M)(3.6M)14.8M(1.7M)(1.5M)(1.4M)
Change To Netincome(54.8M)4.3M(5.2M)1.7M1.6M1.7M

Asure Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Asure Software's current stock value. Our valuation model uses many indicators to compare Asure Software value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Asure Software competition to find correlations between indicators driving Asure Software's intrinsic value. More Info.
Asure Software is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, Asure Software's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Asure Software by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Asure Software Systematic Risk

Asure Software's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Asure Software volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Asure Software correlated with the market. If Beta is less than 0 Asure Software generally moves in the opposite direction as compared to the market. If Asure Software Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Asure Software is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Asure Software is generally in the same direction as the market. If Beta > 1 Asure Software moves generally in the same direction as, but more than the movement of the benchmark.

Asure Software Thematic Clasifications

Asure Software is part of several thematic ideas from IT to Software. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Asure Software Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Asure Software's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Asure Software growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.58

At this time, Asure Software's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Asure Software November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Asure Software help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Asure Software. We use our internally-developed statistical techniques to arrive at the intrinsic value of Asure Software based on widely used predictive technical indicators. In general, we focus on analyzing Asure Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Asure Software's daily price indicators and compare them against related drivers.

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.