Asure Net Debt vs Inventory Analysis

ASUR Stock

USD 7.63 0.03 0.39%

Asure Software financial indicator trend analysis is way more than just evaluating Asure Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asure Software is a good investment. Please check the relationship between Asure Software Net Debt and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asure Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asure Software Net Debt account and Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Asure Software's Net Debt and Inventory is 0.78. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of Asure Software, assuming nothing else is changed. The correlation between historical values of Asure Software's Net Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Asure Software are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Debt i.e., Asure Software's Net Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Inventory

Most indicators from Asure Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asure Software current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asure Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.At this time, Asure Software's Tax Provision is relatively stable compared to the past year. As of 05/17/2024, Discontinued Operations is likely to grow to about 87.3 M, while Enterprise Value Over EBITDA is likely to drop 10.29.

	2021	2022	2023	2024 (projected)
Gross Profit	46.6M	62.5M	71.9M	75.5M
Total Revenue	76.1M	95.8M	119.1M	125.0M

Gross Profit Total Revenue

Asure Software fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.38	0.97	0.98	0.97	0.95	0.01	-0.38	0.27	0.84	0.96	0.78	0.55	0.95	0.34	0.13	0.63	0.74	0.99	0.77	0.99	0.49	0.86	0.96	-0.49	0.31
Short Long Term Debt Total	0.38		0.21	0.24	0.26	0.19	0.89	-0.32	0.32	0.34	0.57	0.41	0.71	0.29	0.99	0.76	0.18	0.43	0.45	-0.03	0.26	0.45	0.12	0.52	0.3	-0.06
Other Current Liab	0.97	0.21		1.0	0.94	0.93	-0.15	-0.32	0.16	0.78	0.88	0.73	0.39	0.9	0.16	0.0	0.56	0.68	0.97	0.76	1.0	0.51	0.84	0.89	-0.58	0.35
Total Current Liabilities	0.98	0.24	1.0		0.93	0.93	-0.12	-0.34	0.18	0.79	0.88	0.74	0.42	0.9	0.19	0.01	0.55	0.7	0.97	0.75	1.0	0.54	0.83	0.89	-0.56	0.32
Total Stockholder Equity	0.97	0.26	0.94	0.93		0.99	-0.14	-0.35	0.31	0.85	0.94	0.76	0.52	0.98	0.23	0.02	0.72	0.69	0.92	0.88	0.95	0.31	0.93	0.93	-0.53	0.32
Property Plant And Equipment Net	0.95	0.19	0.93	0.93	0.99		-0.2	-0.35	0.32	0.82	0.91	0.73	0.49	0.98	0.16	-0.04	0.65	0.69	0.9	0.88	0.94	0.29	0.94	0.9	-0.53	0.3
Net Debt	0.01	0.89	-0.15	-0.12	-0.14	-0.2		-0.16	0.15	-0.11	0.21	0.01	0.48	-0.08	0.91	0.78	-0.06	0.18	0.1	-0.41	-0.12	0.24	-0.24	0.19	0.46	-0.15
Retained Earnings	-0.38	-0.32	-0.32	-0.34	-0.35	-0.35	-0.16		-0.41	-0.36	-0.43	-0.31	-0.43	-0.5	-0.3	0.04	-0.29	-0.76	-0.39	-0.33	-0.34	-0.29	-0.35	-0.29	0.28	0.26
Accounts Payable	0.27	0.32	0.16	0.18	0.31	0.32	0.15	-0.41		0.31	0.37	0.11	0.52	0.36	0.31	0.4	0.37	0.15	0.23	0.5	0.19	-0.08	0.51	0.26	0.26	-0.28
Cash	0.84	0.34	0.78	0.79	0.85	0.82	-0.11	-0.36	0.31		0.81	0.94	0.58	0.81	0.28	0.02	0.5	0.61	0.8	0.76	0.82	0.54	0.74	0.75	-0.31	0.18
Non Current Assets Total	0.96	0.57	0.88	0.88	0.94	0.91	0.21	-0.43	0.37	0.81		0.76	0.68	0.94	0.55	0.29	0.67	0.76	0.95	0.73	0.9	0.41	0.83	0.98	-0.37	0.25
Cash And Short Term Investments	0.78	0.41	0.73	0.74	0.76	0.73	0.01	-0.31	0.11	0.94	0.76		0.6	0.72	0.35	0.08	0.35	0.7	0.77	0.58	0.77	0.62	0.59	0.72	-0.27	0.18
Net Receivables	0.55	0.71	0.39	0.42	0.52	0.49	0.48	-0.43	0.52	0.58	0.68	0.6		0.58	0.71	0.46	0.46	0.6	0.55	0.46	0.44	0.27	0.54	0.56	0.26	-0.05
Common Stock Shares Outstanding	0.95	0.29	0.9	0.9	0.98	0.98	-0.08	-0.5	0.36	0.81	0.94	0.72	0.58		0.27	0.0	0.73	0.77	0.9	0.87	0.92	0.29	0.93	0.9	-0.51	0.24
Non Current Liabilities Total	0.34	0.99	0.16	0.19	0.23	0.16	0.91	-0.3	0.31	0.28	0.55	0.35	0.71	0.27		0.78	0.21	0.41	0.4	-0.05	0.21	0.35	0.11	0.5	0.31	-0.06
Inventory	0.13	0.76	0.0	0.01	0.02	-0.04	0.78	0.04	0.4	0.02	0.29	0.08	0.46	0.0	0.78		0.07	0.07	0.19	-0.15	0.02	0.08	0.02	0.31	0.4	-0.02
Other Current Assets	0.63	0.18	0.56	0.55	0.72	0.65	-0.06	-0.29	0.37	0.5	0.67	0.35	0.46	0.73	0.21	0.07		0.41	0.56	0.77	0.58	-0.14	0.78	0.64	-0.36	0.19
Other Stockholder Equity	0.74	0.43	0.68	0.7	0.69	0.69	0.18	-0.76	0.15	0.61	0.76	0.7	0.6	0.77	0.41	0.07	0.41		0.75	0.49	0.7	0.44	0.57	0.7	-0.45	0.04
Total Liab	0.99	0.45	0.97	0.97	0.92	0.9	0.1	-0.39	0.23	0.8	0.95	0.77	0.55	0.9	0.4	0.19	0.56	0.75		0.68	0.98	0.58	0.79	0.95	-0.45	0.29
Property Plant And Equipment Gross	0.77	-0.03	0.76	0.75	0.88	0.88	-0.41	-0.33	0.5	0.76	0.73	0.58	0.46	0.87	-0.05	-0.15	0.77	0.49	0.68		0.77	0.03	0.97	0.68	-0.43	0.23
Total Current Assets	0.99	0.26	1.0	1.0	0.95	0.94	-0.12	-0.34	0.19	0.82	0.9	0.77	0.44	0.92	0.21	0.02	0.58	0.7	0.98	0.77		0.52	0.85	0.91	-0.55	0.33
Short Term Debt	0.49	0.45	0.51	0.54	0.31	0.29	0.24	-0.29	-0.08	0.54	0.41	0.62	0.27	0.29	0.35	0.08	-0.14	0.44	0.58	0.03	0.52		0.09	0.38	-0.06	-0.03
Non Currrent Assets Other	0.86	0.12	0.84	0.83	0.93	0.94	-0.24	-0.35	0.51	0.74	0.83	0.59	0.54	0.93	0.11	0.02	0.78	0.57	0.79	0.97	0.85	0.09		0.8	-0.44	0.28
Intangible Assets	0.96	0.52	0.89	0.89	0.93	0.9	0.19	-0.29	0.26	0.75	0.98	0.72	0.56	0.9	0.5	0.31	0.64	0.7	0.95	0.68	0.91	0.38	0.8		-0.43	0.33
Current Deferred Revenue	-0.49	0.3	-0.58	-0.56	-0.53	-0.53	0.46	0.28	0.26	-0.31	-0.37	-0.27	0.26	-0.51	0.31	0.4	-0.36	-0.45	-0.45	-0.43	-0.55	-0.06	-0.44	-0.43		-0.53
Common Stock Total Equity	0.31	-0.06	0.35	0.32	0.32	0.3	-0.15	0.26	-0.28	0.18	0.25	0.18	-0.05	0.24	-0.06	-0.02	0.19	0.04	0.29	0.23	0.33	-0.03	0.28	0.33	-0.53

Click cells to compare fundamentals

Asure Software Account Relationship Matchups

Asure Software fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	335.0M	515.4M	433.2M	419.9M	443.9M	466.1M
Short Long Term Debt Total	34.2M	31.7M	41.3M	43.2M	10.4M	20.5M
Other Current Liab	155.2M	328.8M	225.1M	218.6M	230.4M	241.9M
Total Current Liabilities	166.6M	350.0M	232.8M	235.2M	241.3M	253.4M
Total Stockholder Equity	137.6M	145.7M	158.2M	145.1M	191.7M	201.2M
Property Plant And Equipment Net	14.8M	14.7M	14.7M	18.5M	19.5M	20.5M
Net Debt	5.4M	3.2M	27.9M	26.2M	(19.9M)	(18.9M)
Retained Earnings	(253.6M)	(270.0M)	(266.8M)	(281.2M)	(290.4M)	(305.0M)
Accounts Payable	1.7M	1.3M	565K	2.2M	2.6M	4.2M
Cash	28.8M	28.6M	13.4M	17.0M	30.3M	31.8M
Non Current Assets Total	150.6M	157.2M	183.4M	176.6M	176.6M	185.5M
Cash And Short Term Investments	28.8M	28.6M	13.4M	17.0M	30.3M	15.2M
Net Receivables	4.8M	5.3M	5.3M	12.1M	14.2M	8.3M
Common Stock Shares Outstanding	15.5M	15.9M	19.5M	20.1M	22.1M	23.2M
Liabilities And Stockholders Equity	335.0M	515.4M	433.2M	419.9M	443.9M	466.1M
Non Current Liabilities Total	30.9M	19.7M	42.2M	39.7M	10.9M	15.5M
Inventory	656K	449K	246K	251K	155K	147.3K
Other Current Assets	1.3M	1.5M	230.9M	10.3M	222.5M	233.7M
Other Stockholder Equity	391.1M	414.8M	424.9M	428.6M	483.0M	281.3M
Total Liab	197.5M	369.8M	275.0M	274.8M	252.2M	264.8M
Property Plant And Equipment Gross	14.8M	14.7M	14.7M	18.5M	43.5M	45.7M
Total Current Assets	184.4M	358.2M	249.8M	243.3M	267.2M	280.6M
Accumulated Other Comprehensive Income	(25K)	604K	(99K)	(2.5M)	(1.1M)	(1.2M)
Short Term Debt	4.1M	14.1M	3.5M	6.0M	1.5M	3.0M
Non Currrent Assets Other	3.2M	4.0M	4.1M	5.5M	9.0M	9.5M
Intangible Assets	63.9M	64.6M	78.6M	66.6M	62.1M	65.2M
Current Deferred Revenue	5.5M	5.8M	3.8M	8.5M	6.9M	6.7M
Common Stock Total Equity	157K	161K	193K	204K	183.6K	167.9K
Common Stock	161K	193K	204K	206K	254K	169.3K
Other Liab	797K	2.2M	4.3M	2.4M	2.2M	1.5M
Other Assets	3.2M	331.5M	4.1M	5.5M	1.0	0.95
Property Plant Equipment	7.9M	8.3M	14.7M	18.5M	21.3M	22.3M
Long Term Debt	24.1M	12.2M	33.1M	30.8M	4.3M	4.1M
Good Will	111.4M	68.7M	74.0M	86.0M	98.9M	55.3M
Net Tangible Assets	5.0M	7.1M	(6.3M)	(7.5M)	(8.7M)	(9.1M)
Retained Earnings Total Equity	(283.6M)	(253.6M)	(270.0M)	(266.8M)	(240.1M)	(252.1M)
Long Term Debt Total	107.2M	24.1M	12.2M	33.1M	38.1M	34.8M
Capital Surpluse	391.9M	396.1M	419.8M	429.9M	494.4M	372.1M

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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:

How To Invest In Asure

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Is Asure Stock a good investment?

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What is Asure Software's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asure Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Asure Stock, please use our How to Invest in Asure Software guide.

You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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

(0.45)

Revenue Per Share

5.032

Quarterly Revenue Growth

(0.04)

Return On Assets

(0.01)

Return On Equity

(0.06)

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.

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Asure Net Debt vs Inventory Analysis

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

Correlation Coefficient

Net Debt

Inventory

Asure Software fundamental ratios Correlations

Asure Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Asure Software fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Asure Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Total Current Liabilities
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Other Stockholder Equity	- 0.76	Retained Earnings
Current Deferred Revenue	- 0.58	Other Current Liab
Current Deferred Revenue	- 0.56	Total Current Liabilities
Current Deferred Revenue	- 0.55	Total Current Assets
Common Stock Total Equity	- 0.53	Current Deferred Revenue
Current Deferred Revenue	- 0.53	Property Plant And Equipment Net