Asure Historical Financial Ratios
| ASUR Stock | USD 9.79 0.03 0.31% |
Asure Software is presently reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 1.04 or Days Sales Outstanding of 68.37 will help investors to properly organize and evaluate Asure Software financial condition quickly.
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About Asure Financial Ratios Analysis
Asure SoftwareFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Asure Software investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Asure financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Asure Software history.
Asure Software Financial Ratios Chart
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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.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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Return On Equity
Return on Equity is the amount of Asure Software net income returned as a percentage of Asure Software equity. Return on equity measures Asure Software profitability by revealing how much profit Asure Software generates with the money shareholders have invested. A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity.Most ratios from Asure Software's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 closely tied 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 EV To Sales is relatively stable compared to the past year. As of 12/01/2024, Free Cash Flow Per Share is likely to grow to 0.13, while PB Ratio is likely to drop 1.04.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 25.47 | 46.18 | 43.53 | 68.37 | PTB Ratio | 0.96 | 1.3 | 1.1 | 1.04 |
Asure Software fundamentals Correlations
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Asure Software Account Relationship Matchups
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Asure Software fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.73 | 1.72 | 1.99 | 1.96 | 1.77 | 2.29 | |
| Ptb Ratio | 0.92 | 0.78 | 0.96 | 1.3 | 1.1 | 1.04 | |
| Days Sales Outstanding | 23.99 | 21.44 | 25.47 | 46.18 | 43.53 | 68.37 | |
| Book Value Per Share | 8.87 | 9.15 | 8.19 | 7.21 | 8.66 | 12.49 | |
| Free Cash Flow Yield | (0.0417) | (0.0473) | (0.19) | 0.0258 | 0.0125 | 0.0131 | |
| Operating Cash Flow Per Share | (0.029) | (0.11) | 0.0714 | 0.68 | 0.85 | 0.9 | |
| Stock Based Compensation To Revenue | 0.031 | 0.0361 | 0.0393 | 0.0332 | 0.0456 | 0.0479 | |
| Capex To Depreciation | 0.27 | 0.22 | 1.67 | 0.43 | 0.79 | 0.99 | |
| Pb Ratio | 0.92 | 0.78 | 0.96 | 1.3 | 1.1 | 1.04 | |
| Ev To Sales | 1.89 | 1.81 | 1.77 | 2.35 | 2.23 | 1.6 | |
| Roic | (0.061) | (0.0816) | (0.0526) | (0.055) | (0.0154) | (0.0161) | |
| Inventory Turnover | 45.48 | 61.06 | 119.92 | 132.74 | 216.42 | 227.24 | |
| Net Income Per Share | (2.73) | (1.03) | 0.17 | (0.72) | (0.42) | (0.44) | |
| Days Of Inventory On Hand | 8.03 | 5.98 | 3.04 | 2.75 | 1.69 | 1.6 | |
| Payables Turnover | 17.19 | 21.28 | 52.21 | 15.19 | 13.05 | 13.71 | |
| Sales General And Administrative To Revenue | 0.57 | 0.37 | 0.36 | 0.35 | 0.33 | 0.54 | |
| Research And Ddevelopement To Revenue | 0.0732 | 0.091 | 0.0711 | 0.0641 | 0.0575 | 0.0546 | |
| Capex To Revenue | 0.0651 | 0.0662 | 0.0555 | 0.39 | 0.0922 | 0.14 | |
| Cash Per Share | 9.83 | 1.86 | 1.8 | 0.85 | 1.37 | 1.3 | |
| Pocfratio | (281.96) | (66.18) | 109.74 | 13.74 | 11.15 | 11.71 | |
| Interest Coverage | (1.03) | (6.19) | (6.29) | (2.23) | (0.7) | (0.73) | |
| Capex To Operating Cash Flow | (10.76) | (2.13) | 21.63 | 0.65 | 0.86 | 0.9 | |
| Pfcf Ratio | (23.98) | (21.14) | (5.32) | 38.83 | 79.92 | 83.92 | |
| Days Payables Outstanding | 21.24 | 17.15 | 6.99 | 24.04 | 27.96 | 26.57 | |
| Income Quality | (0.015) | 0.1 | 0.43 | (0.95) | (2.05) | (1.95) | |
| Ev To Operating Cash Flow | (293.95) | (68.02) | 129.98 | 15.66 | 10.1 | 10.6 | |
| Pe Ratio | (3.0) | (6.93) | 47.36 | (12.99) | (22.87) | (21.73) | |
| Return On Tangible Assets | (0.21) | (0.0433) | 0.0119 | (0.0541) | (0.0312) | (0.0327) | |
| Ev To Free Cash Flow | (25.0) | (21.73) | (6.3) | 44.25 | 72.38 | 76.0 | |
| Earnings Yield | (0.33) | (0.14) | 0.0211 | (0.077) | (0.0437) | (0.0459) | |
| Intangibles To Total Assets | 0.4 | 0.27 | 0.38 | 0.36 | 0.33 | 0.26 | |
| Net Debt To E B I T D A | (0.16) | 2.22 | 1.17 | 2.5 | (1.26) | (1.19) | |
| Current Ratio | 1.08 | 1.11 | 1.02 | 1.07 | 1.03 | 1.05 | |
| Tangible Book Value Per Share | 0.32 | 0.45 | (0.33) | (0.37) | 1.97 | 1.87 | |
| Receivables Turnover | 15.21 | 17.02 | 14.33 | 7.9 | 8.38 | 8.74 | |
| Graham Number | 23.33 | 14.53 | 5.52 | 10.8 | 9.0 | 8.55 | |
| Shareholders Equity Per Share | 8.87 | 9.15 | 8.19 | 7.21 | 8.66 | 12.49 | |
| Debt To Equity | 0.21 | 0.18 | 0.23 | 0.25 | 0.0303 | 0.0287 |
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.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.Additional Tools for Asure Stock Analysis
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.