Asure Debt Ratio from 2010 to 2024
| ASUR Stock | USD 7.27 0.21 2.97% |
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.01306469 | Current Value 0.0124 | Quarterly Volatility 0.18548431 |
Check Asure Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asure 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 exotic indicators such as Price To Sales Ratio of 2.29, Dividend Yield of 0.014 or PTB Ratio of 1.04. Asure financial statements analysis is a perfect complement when working with Asure Software Valuation or Volatility modules.
Asure | Debt Ratio |
Latest Asure Software's Debt Ratio Growth Pattern
Below is the plot of the Debt Ratio of Asure Software over the last few years. It is Asure Software's Debt Ratio 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.
| Debt Ratio | 10 Years Trend |
|
Debt Ratio |
| Timeline |
Asure Debt Ratio Regression Statistics
| Arithmetic Mean | 0.26 | |
| Geometric Mean | 0.16 | |
| Coefficient Of Variation | 72.43 | |
| Mean Deviation | 0.17 | |
| Median | 0.31 | |
| Standard Deviation | 0.19 | |
| Sample Variance | 0.03 | |
| Range | 0.5447 | |
| R-Value | (0.76) | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.58 | |
| Significance | 0 | |
| Slope | (0.03) | |
| Total Sum of Squares | 0.48 |
Asure Debt Ratio History
Other Fundumenentals of Asure Software
Asure Software Debt Ratio component correlations
Click cells to compare fundamentals
About Asure Software Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Asure Software income statement, its balance sheet, and the statement of cash flows. Asure Software investors use historical funamental indicators, such as Asure Software's Debt Ratio, to determine how well the company is positioned to perform in the future. Although Asure Software investors may use each financial statement separately, they are all related. The changes in Asure Software's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Asure Software's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Asure Software Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Asure Software. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt Ratio | 0.01 | 0.01 | |
| Cash Flow To Debt Ratio | 3.22 | 3.38 |
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.Moving together with Asure Stock
| 0.84 | U | Unity Software Aggressive Push | PairCorr |
| 0.64 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
Moving against Asure Stock
| 0.78 | ML | MoneyLion Financial Report 14th of May 2024 | PairCorr |
| 0.62 | DOCU | DocuSign Sell-off Trend | PairCorr |
| 0.62 | VERX | Vertex Financial Report 8th of May 2024 | PairCorr |
| 0.61 | DSGX | Descartes Systems Financial Report 29th of May 2024 | PairCorr |
| 0.55 | DTRK | DATATRAK International | PairCorr |
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.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.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary 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.
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Is Asure Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asure Software. If investors know Asure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asure Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.42) | Revenue Per Share 5.379 | Quarterly Revenue Growth (0.10) | Return On Assets (0) | Return On Equity (0.05) |
The market value of Asure Software is measured differently than its book value, which is the value of Asure that is recorded on the company's balance sheet. Investors also form their own opinion of Asure Software's value that differs from its market value or its book value, called intrinsic value, which is Asure Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asure Software's market value can be influenced by many factors that don't directly affect Asure Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asure Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asure Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asure Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.