Asure Price To Sales Ratio vs Ev To Operating Cash Flow Analysis

ASUR Stock  USD 7.54  0.12  1.62%   
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 Price To Sales Ratio and its Ev To Operating Cash Flow 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.

Price To Sales Ratio vs Ev To Operating Cash Flow

Price To Sales Ratio vs Ev To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asure Software Price To Sales Ratio account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Asure Software's Price To Sales Ratio and Ev To Operating Cash Flow is -0.59. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ev To Operating Cash Flow 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 Price To Sales Ratio and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Asure Software are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Price To Sales Ratio i.e., Asure Software's Price To Sales Ratio and Ev To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Asure Software stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Asure Software sales, a figure that is much harder to manipulate than other Asure Software multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
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 05/28/2024, 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 Profit46.6M62.5M71.9M75.5M
Total Revenue76.1M95.8M119.1M125.0M

Asure Software fundamental ratios Correlations

0.380.970.980.970.950.01-0.380.270.840.960.780.550.950.340.130.630.740.990.770.990.490.860.96-0.490.31
0.380.210.240.260.190.89-0.320.320.340.570.410.710.290.990.760.180.430.45-0.030.260.450.120.520.3-0.06
0.970.211.00.940.93-0.15-0.320.160.780.880.730.390.90.160.00.560.680.970.761.00.510.840.89-0.580.35
0.980.241.00.930.93-0.12-0.340.180.790.880.740.420.90.190.010.550.70.970.751.00.540.830.89-0.560.32
0.970.260.940.930.99-0.14-0.350.310.850.940.760.520.980.230.020.720.690.920.880.950.310.930.93-0.530.32
0.950.190.930.930.99-0.2-0.350.320.820.910.730.490.980.16-0.040.650.690.90.880.940.290.940.9-0.530.3
0.010.89-0.15-0.12-0.14-0.2-0.160.15-0.110.210.010.48-0.080.910.78-0.060.180.1-0.41-0.120.24-0.240.190.46-0.15
-0.38-0.32-0.32-0.34-0.35-0.35-0.16-0.41-0.36-0.43-0.31-0.43-0.5-0.30.04-0.29-0.76-0.39-0.33-0.34-0.29-0.35-0.290.280.26
0.270.320.160.180.310.320.15-0.410.310.370.110.520.360.310.40.370.150.230.50.19-0.080.510.260.26-0.28
0.840.340.780.790.850.82-0.11-0.360.310.810.940.580.810.280.020.50.610.80.760.820.540.740.75-0.310.18
0.960.570.880.880.940.910.21-0.430.370.810.760.680.940.550.290.670.760.950.730.90.410.830.98-0.370.25
0.780.410.730.740.760.730.01-0.310.110.940.760.60.720.350.080.350.70.770.580.770.620.590.72-0.270.18
0.550.710.390.420.520.490.48-0.430.520.580.680.60.580.710.460.460.60.550.460.440.270.540.560.26-0.05
0.950.290.90.90.980.98-0.08-0.50.360.810.940.720.580.270.00.730.770.90.870.920.290.930.9-0.510.24
0.340.990.160.190.230.160.91-0.30.310.280.550.350.710.270.780.210.410.4-0.050.210.350.110.50.31-0.06
0.130.760.00.010.02-0.040.780.040.40.020.290.080.460.00.780.070.070.19-0.150.020.080.020.310.4-0.02
0.630.180.560.550.720.65-0.06-0.290.370.50.670.350.460.730.210.070.410.560.770.58-0.140.780.64-0.360.19
0.740.430.680.70.690.690.18-0.760.150.610.760.70.60.770.410.070.410.750.490.70.440.570.7-0.450.04
0.990.450.970.970.920.90.1-0.390.230.80.950.770.550.90.40.190.560.750.680.980.580.790.95-0.450.29
0.77-0.030.760.750.880.88-0.41-0.330.50.760.730.580.460.87-0.05-0.150.770.490.680.770.030.970.68-0.430.23
0.990.261.01.00.950.94-0.12-0.340.190.820.90.770.440.920.210.020.580.70.980.770.520.850.91-0.550.33
0.490.450.510.540.310.290.24-0.29-0.080.540.410.620.270.290.350.08-0.140.440.580.030.520.090.38-0.06-0.03
0.860.120.840.830.930.94-0.24-0.350.510.740.830.590.540.930.110.020.780.570.790.970.850.090.8-0.440.28
0.960.520.890.890.930.90.19-0.290.260.750.980.720.560.90.50.310.640.70.950.680.910.380.8-0.430.33
-0.490.3-0.58-0.56-0.53-0.530.460.280.26-0.31-0.37-0.270.26-0.510.310.4-0.36-0.45-0.45-0.43-0.55-0.06-0.44-0.43-0.53
0.31-0.060.350.320.320.3-0.150.26-0.280.180.250.18-0.050.24-0.06-0.020.190.040.290.230.33-0.030.280.33-0.53
Click cells to compare fundamentals

Asure Software Account Relationship Matchups

Asure Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets335.0M515.4M433.2M419.9M443.9M466.1M
Short Long Term Debt Total34.2M31.7M41.3M43.2M10.4M20.5M
Other Current Liab155.2M328.8M225.1M218.6M230.4M241.9M
Total Current Liabilities166.6M350.0M232.8M235.2M241.3M253.4M
Total Stockholder Equity137.6M145.7M158.2M145.1M191.7M201.2M
Property Plant And Equipment Net14.8M14.7M14.7M18.5M19.5M20.5M
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
Non Current Assets Total150.6M157.2M183.4M176.6M176.6M185.5M
Cash And Short Term Investments28.8M28.6M13.4M17.0M30.3M15.2M
Net Receivables4.8M5.3M5.3M12.1M14.2M8.3M
Common Stock Shares Outstanding15.5M15.9M19.5M20.1M22.1M23.2M
Liabilities And Stockholders Equity335.0M515.4M433.2M419.9M443.9M466.1M
Non Current Liabilities Total30.9M19.7M42.2M39.7M10.9M15.5M
Inventory656K449K246K251K155K147.3K
Other Current Assets1.3M1.5M230.9M10.3M222.5M233.7M
Other Stockholder Equity391.1M414.8M424.9M428.6M483.0M281.3M
Total Liab197.5M369.8M275.0M274.8M252.2M264.8M
Property Plant And Equipment Gross14.8M14.7M14.7M18.5M43.5M45.7M
Total Current Assets184.4M358.2M249.8M243.3M267.2M280.6M
Accumulated Other Comprehensive Income(25K)604K(99K)(2.5M)(1.1M)(1.2M)
Short Term Debt4.1M14.1M3.5M6.0M1.5M3.0M
Non Currrent Assets Other3.2M4.0M4.1M5.5M9.0M9.5M
Intangible Assets63.9M64.6M78.6M66.6M62.1M65.2M
Current Deferred Revenue5.5M5.8M3.8M8.5M6.9M6.7M
Common Stock Total Equity157K161K193K204K183.6K167.9K
Common Stock161K193K204K206K254K169.3K
Other Liab797K2.2M4.3M2.4M2.2M1.5M
Other Assets3.2M331.5M4.1M5.5M1.00.95
Property Plant Equipment7.9M8.3M14.7M18.5M21.3M22.3M
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)
Retained Earnings Total Equity(283.6M)(253.6M)(270.0M)(266.8M)(240.1M)(252.1M)
Long Term Debt Total107.2M24.1M12.2M33.1M38.1M34.8M
Capital Surpluse391.9M396.1M419.8M429.9M494.4M372.1M

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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:
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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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.