Asure Stock Financials

ASUR
 Stock
  

USD 5.50  0.03  0.54%   

Asure Software Tangible Asset Value is relatively stable at the moment as compared to the past year. Asure Software reported last year Tangible Asset Value of 268.66 Million. As of 08/18/2022, Working Capital is likely to grow to about 18.3 M, while Free Cash Flow is likely to drop (29.2 M).
  
With this module, you can analyze Asure financials for your investing period. You should be able to track the changes in Asure Software individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Asure Most Recent Estimates

Diluted Eps
0.09
Earnings Share
0.09

Revenues

65.23 Million

Understanding current and past Asure Software Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Asure Software's financial statements are interrelated, with each one affecting the others. For example, an increase in Asure Software's assets may result in an increase in income on the income statement.
The fundamental analysis of Asure Software is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Asure Software includes many different criteria found on its balance sheet. For example, investors should never minimize Asure Software's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Asure Software's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Asure Software.

Asure Software Cash

Chance Of Financial Distress
Over 91
Asure Software has more than 91 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Asure Software stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Asure Software's official financial statements usually reflect Asure Software's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Asure Software. For example, before you start analyzing numbers published by Asure accountants, it's critical to develop an understanding of what Asure Software's liquidity, profitability, and earnings quality are in the context of the Technology space in which it operates.
Please note, the presentation of Asure Software's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Asure Software's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Asure Software's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Asure Software. Please utilize our Beneish M Score to check the likelihood of Asure Software's management to manipulate its earnings.

Asure Software Company Summary

Asure Software competes with Salesforce, Uber Technologies, and Microsoft Corp. Asure Software, Inc. provides cloud-based human capital management solutions the United States. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas. Asure Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 508 people.
Specialization
Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000884144
CUSIP918333105
Older SymbolFORG
RegionNorth America
LocationTexas; U.S.A
Business Address3700 N Capital
SectorTechnology
IndustrySoftware—Application
BenchmarkDOW
Websitewww.asuresoftware.com
Phone512 437 2700
CurrencyUSD - US Dollar
You should never invest in Asure Software without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Asure Stock, because this is throwing your money away. Analyzing the key information contained in Asure Software's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Asure Software Key Financial Ratios

Generally speaking, Asure Software's financial ratios allow both analysts and investors to convert raw data from Asure Software's financial statements into concise, actionable information that can be used to evaluate the performance of Asure Software over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Asure Software reports annually and quarterly.

Asure Software Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories509 K3.12 M656 K449 K246 K371.65 K
Receivables13.36 M16.03 M4.81 M4.85 M5.31 M5.33 M
Accounts Payable1.91 M3.66 M1.74 M1.29 M565 K579.87 K
Total Assets203.31 M361.1 M320.07 M514 M433.25 M467.45 M
Current Assets86.58 M159.91 M169.47 M356.81 M249.83 M269.56 M
Assets Non Current116.73 M201.19 M150.6 M157.19 M183.41 M147.62 M
Cash and Equivalents27.79 M15.44 M28.83 M28.58 M13.43 M14.23 M
Total Debt75.87 M111.37 M34.23 M31.73 M41.32 M42.62 M
Debt Current8.89 M4.73 M4.15 M14.14 M3.46 M4.52 M
Debt Non Current66.97 M106.63 M30.08 M17.59 M37.87 M38.1 M
Deferred Revenue14.2 M3.72 M5.82 M4.53 M3.79 M5.46 M
Shareholders Equity63.77 M102.52 M137.58 M145.65 M158.24 M170.73 M
Inventory509 K1.17 M656 K449 K246 K252.47 K
Total Liabilities139.54 M258.58 M182.49 M368.35 M275 M220.06 M
Current Liabilities69.55 M148.47 M151.61 M348.6 M232.83 M251.21 M

Asure Software Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Asure Software's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses12.62 M30.83 M29.84 M27.41 M29.5 M31.83 M
Consolidated Income(5.72 M)(7.55 M)30 M(16.31 M)3.19 M3.45 M
Cost of Revenue12.62 M24.12 M29.84 M27.41 M29.5 M23.87 M
Gross Profit41.82 M39.5 M43.31 M38.09 M46.56 M41.36 M
Interest Expense4.63 M8.62 M16 M1.22 M2.04 M2.09 M
Net Income(5.72 M)(7.55 M)30 M(16.31 M)3.19 M3.45 M
Operating Expenses42.82 M50.24 M93.71 M52.98 M59.38 M52.69 M
Operating Income(1,000 K)(10.74 M)(50.4 M)(14.89 M)(12.81 M)(13.15 M)
Revenues54.44 M63.63 M73.15 M65.51 M76.06 M65.23 M
Income Tax Expense96 K(7.98 M)(24.11 M)337 K802 K865.32 K

Asure Software Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Asure Software. It measures of how well Asure is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Asure Software brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Asure had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Asure Software has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(3.06 M)(5.79 M)(4.84 M)(16.78 M)(29.8 M)(30.58 M)
Depreciation Amortization and Accretion6.06 M12.93 M18.16 M16.17 M17.82 M19.23 M
Net Cash Flow or Change in Cash and Cash Equivalents15.03 M(12.35 M)13.38 M190.93 M(126.24 M)(129.56 M)
Issuance Purchase of Equity Shares28 M39.45 M820 K21.39 M678 K695.84 K
Issuance Repayment of Debt Securities36.67 M29.51 M(89.97 M)(3.38 M)14.77 M15.93 M
Net Cash Flow from Financing73.54 M101.79 M(68.02 M)208.1 M(90.65 M)(93.04 M)
Net Cash Flow from Investing(58.49 M)(107.23 M)85.63 M(19.41 M)(36.97 M)(37.94 M)
Net Cash Flow from Operations(36 K)(7.13 M)(4.12 M)2.23 M1.38 M1.49 M
Effect of Exchange Rate Changes on Cash97 K12 K221 K(115 K)(132.25 K)(135.73 K)
Share Based Compensation593 K1.69 M2.27 M2.37 M2.99 M3.23 M

Asure Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Asure Software's current stock value. Our valuation model uses many indicators to compare Asure Software value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Asure Software competition to find correlations between indicators driving Asure Software's intrinsic value. More Info.
Asure Software is rated fourth in gross profit category among related companies. It is number one stock in retained earnings category among related companies . Asure Software Gross Profit is relatively stable at the moment as compared to the past year. Asure Software reported last year Gross Profit of 46.56 Million. Comparative valuation analysis is a catch-all model that can be used if you cannot value Asure Software by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Asure Software's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Asure Software's earnings, one of the primary drivers of an investment's value.

Asure Software Systematic Risk

Asure Software's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Asure Software volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Asure Software correlated with the market. If Beta is less than 0 Asure Software generally moves in the opposite direction as compared to the market. If Asure Software Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Asure Software is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Asure Software is generally in the same direction as the market. If Beta > 1 Asure Software moves generally in the same direction as, but more than the movement of the benchmark.
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About Asure Software Financials

What exactly are Asure Software Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Asure Software's income statement, its balance sheet, and the statement of cash flows. Potential Asure Software investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Asure Software is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Asure grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Asure Software Thematic Clasifications

Asure Software is part of Computers investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Computers Idea
ComputersView
This theme covers USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Asure Software August 18, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Asure Software help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Asure Software. We use our internally-developed statistical techniques to arrive at the intrinsic value of Asure Software based on widely used predictive technical indicators. In general, we focus on analyzing Asure Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Asure Software's daily price indicators and compare them against related drivers.
Information Ratio(0.09)
Maximum Drawdown11.27
Value At Risk(4.22)
Potential Upside3.26
Please continue to Trending Equities. Note that the Asure Software information on this page should be used as a complementary analysis to other Asure Software's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Asure Software 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 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.
Market Capitalization
107.3 M
Quarterly Revenue Growth YOY
0.18
Return On Assets
-0.0243
Return On Equity
-0.0525
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 Asure Software value 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.