Asure Ptb Ratio vs Cash Per Share 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 Ptb Ratio and its Cash Per Share 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.
Ptb Ratio vs Cash Per Share
Ptb Ratio vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asure Software Ptb Ratio account and Cash Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Asure Software's Ptb Ratio and Cash Per Share is -0.39. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Cash Per Share 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 Ptb Ratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Asure Software are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Ptb Ratio i.e., Asure Software's Ptb Ratio and Cash Per Share go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Cash Per Share
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 Profit | 46.6M | 62.5M | 71.9M | 75.5M | Total Revenue | 76.1M | 95.8M | 119.1M | 125.0M |
Asure Software fundamental ratios Correlations
Click cells to compare fundamentals
Asure Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.