ASUR Stock | | | USD 11.72 0.19 1.60% |
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 Total Current Assets and its Common Stock Shares Outstanding 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 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.
Total Current Assets vs Common Stock Shares Outstanding
Total Current Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Asure Software Total Current Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Asure Software's Total Current Assets and Common Stock Shares Outstanding is 0.93. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Total Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Asure Software are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Assets i.e., Asure Software's Total Current Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 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
Tax Provision is relatively stable compared to the past year. As of 02/18/2025,
Discontinued Operations is likely to grow to about 87.3
M, while
Selling General Administrative is likely to drop slightly above 26.7
M.
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
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.