Asure Financial Statements From 2010 to 2024

ASUR Stock  USD 7.03  0.11  1.59%   
Asure Software financial statements provide useful quarterly and yearly information to potential Asure Software investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Asure Software financial statements helps investors assess Asure Software's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Asure Software's valuation are summarized below:
Gross Profit
62.5 M
Profit Margin
(0.08)
Market Capitalization
178.3 M
Enterprise Value Revenue
1.4124
Revenue
119.1 M
There are over one hundred nineteen available fundamental signals for Asure Software, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to validate Asure Software's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 04/24/2024, Market Cap is likely to grow to about 184.1 M. Also, Enterprise Value is likely to grow to about 242.1 M

Asure Software Total Revenue

125.04 Million

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.
  
This module can also supplement Asure Software's financial leverage analysis and stock options assessment as well as various Asure Software Technical models . 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.

Asure Software Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets466.1 M443.9 M228.3 M
Slightly volatile
Short and Long Term Debt Total20.5 M10.4 M31.5 M
Slightly volatile
Other Current Liabilities241.9 M230.4 M107.1 M
Slightly volatile
Total Current Liabilities253.4 M241.3 M120.9 M
Slightly volatile
Total Stockholder Equity201.2 M191.7 M78.9 M
Slightly volatile
Property Plant And Equipment Net20.5 M19.5 M8.4 M
Slightly volatile
Accounts Payable4.2 M2.6 MM
Slightly volatile
Cash31.8 M30.3 M14.4 M
Slightly volatile
Non Current Assets Total185.5 M176.6 M100.7 M
Slightly volatile
Cash And Short Term Investments15.2 M30.3 M13.3 M
Slightly volatile
Net Receivables8.3 M14.2 M7.2 M
Slightly volatile
Common Stock Shares Outstanding23.2 M22.1 M11.7 M
Slightly volatile
Liabilities And Stockholders Equity466.1 M443.9 M228.3 M
Slightly volatile
Non Current Liabilities Total15.5 M10.9 M28.8 M
Pretty Stable
Inventory147.2 K155 K542 K
Very volatile
Other Current Assets233.7 M222.5 M59.8 M
Slightly volatile
Other Stockholder Equity281.3 M483 M321.1 M
Slightly volatile
Total Liabilities264.8 M252.2 M149.4 M
Slightly volatile
Property Plant And Equipment Gross45.7 M43.5 M11.7 M
Slightly volatile
Total Current Assets280.6 M267.2 M127.7 M
Slightly volatile
Short Term DebtM1.5 M4.1 M
Slightly volatile
Non Currrent Assets Other9.5 MM2.7 M
Slightly volatile
Intangible Assets65.2 M62.1 M38.7 M
Slightly volatile
Current Deferred Revenue6.7 M6.9 M8.6 M
Slightly volatile
Common Stock Total Equity167.9 K183.6 K153.6 K
Pretty Stable
Common Stock169.3 K254 K158.6 K
Pretty Stable
Other Liabilities1.5 M2.2 M2.1 M
Pretty Stable
Property Plant Equipment22.3 M21.3 MM
Slightly volatile
Long Term Debt4.1 M4.3 M24.6 M
Pretty Stable
Good Will55.3 M98.9 M51.4 M
Slightly volatile
Long Term Debt Total34.8 M38.1 M29.5 M
Slightly volatile
Capital Surpluse372.1 M494.4 M348.6 M
Slightly volatile
Non Current Liabilities Other198.6 K209 K1.8 M
Slightly volatile
Short and Long Term Debt25.6 K27 KM
Pretty Stable
Net Invested Capital197.7 M196 M162.2 M
Slightly volatile
Net Working Capital16.6 M25.9 M16.1 M
Very volatile
Capital Stock215.4 K254 K176.4 K
Slightly volatile
Capital Lease Obligations5.7 M6.1 M7.2 M
Slightly volatile

Asure Software Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense2.3 M4.3 M3.8 M
Pretty Stable
Selling General Administrative26.7 M39.3 M24.1 M
Slightly volatile
Total Revenue125 M119.1 M56.6 M
Slightly volatile
Gross Profit75.5 M71.9 M36.8 M
Slightly volatile
Other Operating Expenses128.2 M122.1 M61.1 M
Slightly volatile
Cost Of Revenue49.5 M47.2 M19.9 M
Slightly volatile
Total Operating Expenses39.8 M74.9 M38.7 M
Slightly volatile
Research DevelopmentM6.8 MM
Pretty Stable
Interest Income18.7 M17.8 M7.9 M
Slightly volatile
Discontinued Operations87.3 M83.1 M32.9 M
Slightly volatile
Reconciled Depreciation17.6 M20.5 M11.5 M
Slightly volatile
Selling And Marketing Expenses17.2 M28.7 M6.4 M
Slightly volatile
Non Recurring28 M31.6 M34.4 M
Slightly volatile

Asure Software Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow27.3 M17 M44.3 M
Slightly volatile
Depreciation21.6 M20.6 M10 M
Slightly volatile
Capital Expenditures17.4 M16.6 M6.3 M
Slightly volatile
End Period Cash Flow23.5 M30.3 M36 M
Slightly volatile
Sale Purchase Of Stock740.7 K779.7 K7.5 M
Pretty Stable
Stock Based Compensation5.7 M5.4 M1.7 M
Slightly volatile
Issuance Of Capital Stock48.6 M46.3 M31.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.291.76981.6073
Slightly volatile
Dividend Yield0.0140.01570.0171
Slightly volatile
PTB Ratio1.041.09973.978
Slightly volatile
Days Sales Outstanding71.0343.530857.3818
Slightly volatile
Book Value Per Share12.498.65736.7907
Pretty Stable
Invested Capital0.02870.03031.9217
Slightly volatile
Stock Based Compensation To Revenue0.04790.04560.0209
Slightly volatile
PB Ratio1.041.09973.978
Slightly volatile
EV To Sales2.231.60291.9992
Pretty Stable
Inventory Turnover32030480.3973
Slightly volatile
Days Of Inventory On Hand1.141.199417.7461
Slightly volatile
Payables Turnover19.2718.353312.1476
Slightly volatile
Sales General And Administrative To Revenue0.440.33030.5065
Slightly volatile
Research And Ddevelopement To Revenue0.05460.05750.0944
Slightly volatile
Cash Per Share1.31.36952.1266
Pretty Stable
Days Payables Outstanding18.8919.887471.6829
Slightly volatile
Intangibles To Total Assets0.260.33360.4875
Slightly volatile
Current Ratio1.051.10721.1266
Pretty Stable
Receivables Turnover7.428.38497.662
Slightly volatile
Graham Number8.559.00412.7425
Pretty Stable
Shareholders Equity Per Share12.498.65736.7907
Pretty Stable
Debt To Equity0.02870.03031.9217
Slightly volatile
Revenue Per Share5.115.37918.1217
Slightly volatile
Interest Debt Per Share0.430.4563.1221
Pretty Stable
Debt To Assets0.01240.01310.2561
Slightly volatile
Operating Cycle42.4944.730273.1492
Slightly volatile
Price Book Value Ratio1.041.09973.978
Slightly volatile
Days Of Payables Outstanding18.8919.887471.6829
Slightly volatile
Company Equity Multiplier2.532.3165.2624
Slightly volatile
Long Term Debt To Capitalization0.02080.02190.4278
Slightly volatile
Total Debt To Capitalization0.02790.02940.4527
Slightly volatile
Debt Equity Ratio0.02870.03031.9217
Slightly volatile
Quick Ratio0.180.18450.4685
Slightly volatile
Net Income Per E B T0.781.0121.0178
Slightly volatile
Cash Ratio0.120.12560.1431
Pretty Stable
Days Of Inventory Outstanding1.141.199417.7461
Slightly volatile
Days Of Sales Outstanding71.0343.530857.3818
Slightly volatile
Price To Book Ratio1.041.09973.978
Slightly volatile
Fixed Asset Turnover10.426.104311.9062
Slightly volatile
Debt Ratio0.01240.01310.2561
Slightly volatile
Price Sales Ratio2.291.76981.6073
Slightly volatile
Asset Turnover0.250.26830.4784
Slightly volatile
Gross Profit Margin0.460.60390.6636
Slightly volatile
Price Fair Value1.041.09973.978
Slightly volatile

Asure Software Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap184.1 M175.3 M131.4 M
Slightly volatile
Enterprise Value242.1 M230.6 M190.5 M
Slightly volatile

Asure Fundamental Market Drivers

Forward Price Earnings9.6061
Cash And Short Term Investments30.3 M

Asure Upcoming Events

26th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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 revenue or net income, 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 ReportedProjected for Next Year
Current Deferred Revenue6.9 M6.7 M
Total Revenue119.1 M125 M
Cost Of Revenue47.2 M49.5 M
Stock Based Compensation To Revenue 0.05  0.05 
Sales General And Administrative To Revenue 0.33  0.44 
Research And Ddevelopement To Revenue 0.06  0.05 
Capex To Revenue(0.14)(0.13)
Revenue Per Share 5.38  5.11 
Ebit Per Revenue(0.03)(0.03)

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

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Moving against Asure Stock

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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
When determining whether Asure Software is a strong investment it is important to analyze Asure Software's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asure Software's future performance. For an informed investment choice regarding Asure Stock, refer to the following important reports:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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.