Asure Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

ASUR Stock

USD 7.62 0.05 0.66%

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 Cash And Short Term Investments 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 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.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments 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 Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between Asure Software's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.72. Overlapping area represents the amount of variation of Cash And Short Term Investments 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 Cash And Short Term Investments 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 Cash And Short Term Investments 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 Cash And Short Term Investments i.e., Asure Software's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Asure Software balance sheet. This account contains Asure Software investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Asure Software fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 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 06/04/2024, 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

Gross Profit Total Revenue

Asure Software fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.38	0.97	0.98	0.97	0.95	0.01	-0.38	0.27	0.84	0.96	0.78	0.55	0.95	0.34	0.13	0.63	0.74	0.99	0.77	0.99	0.49	0.86	0.96	-0.49	0.31
Short Long Term Debt Total	0.38		0.21	0.24	0.26	0.19	0.89	-0.32	0.32	0.34	0.57	0.41	0.71	0.29	0.99	0.76	0.18	0.43	0.45	-0.03	0.26	0.45	0.12	0.52	0.3	-0.06
Other Current Liab	0.97	0.21		1.0	0.94	0.93	-0.15	-0.32	0.16	0.78	0.88	0.73	0.39	0.9	0.16	0.0	0.56	0.68	0.97	0.76	1.0	0.51	0.84	0.89	-0.58	0.35
Total Current Liabilities	0.98	0.24	1.0		0.93	0.93	-0.12	-0.34	0.18	0.79	0.88	0.74	0.42	0.9	0.19	0.01	0.55	0.7	0.97	0.75	1.0	0.54	0.83	0.89	-0.56	0.32
Total Stockholder Equity	0.97	0.26	0.94	0.93		0.99	-0.14	-0.35	0.31	0.85	0.94	0.76	0.52	0.98	0.23	0.02	0.72	0.69	0.92	0.88	0.95	0.31	0.93	0.93	-0.53	0.32
Property Plant And Equipment Net	0.95	0.19	0.93	0.93	0.99		-0.2	-0.35	0.32	0.82	0.91	0.73	0.49	0.98	0.16	-0.04	0.65	0.69	0.9	0.88	0.94	0.29	0.94	0.9	-0.53	0.3
Net Debt	0.01	0.89	-0.15	-0.12	-0.14	-0.2		-0.16	0.15	-0.11	0.21	0.01	0.48	-0.08	0.91	0.78	-0.06	0.18	0.1	-0.41	-0.12	0.24	-0.24	0.19	0.46	-0.15
Retained Earnings	-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	-0.3	0.04	-0.29	-0.76	-0.39	-0.33	-0.34	-0.29	-0.35	-0.29	0.28	0.26
Accounts Payable	0.27	0.32	0.16	0.18	0.31	0.32	0.15	-0.41		0.31	0.37	0.11	0.52	0.36	0.31	0.4	0.37	0.15	0.23	0.5	0.19	-0.08	0.51	0.26	0.26	-0.28
Cash	0.84	0.34	0.78	0.79	0.85	0.82	-0.11	-0.36	0.31		0.81	0.94	0.58	0.81	0.28	0.02	0.5	0.61	0.8	0.76	0.82	0.54	0.74	0.75	-0.31	0.18
Non Current Assets Total	0.96	0.57	0.88	0.88	0.94	0.91	0.21	-0.43	0.37	0.81		0.76	0.68	0.94	0.55	0.29	0.67	0.76	0.95	0.73	0.9	0.41	0.83	0.98	-0.37	0.25
Cash And Short Term Investments	0.78	0.41	0.73	0.74	0.76	0.73	0.01	-0.31	0.11	0.94	0.76		0.6	0.72	0.35	0.08	0.35	0.7	0.77	0.58	0.77	0.62	0.59	0.72	-0.27	0.18
Net Receivables	0.55	0.71	0.39	0.42	0.52	0.49	0.48	-0.43	0.52	0.58	0.68	0.6		0.58	0.71	0.46	0.46	0.6	0.55	0.46	0.44	0.27	0.54	0.56	0.26	-0.05
Common Stock Shares Outstanding	0.95	0.29	0.9	0.9	0.98	0.98	-0.08	-0.5	0.36	0.81	0.94	0.72	0.58		0.27	0.0	0.73	0.77	0.9	0.87	0.92	0.29	0.93	0.9	-0.51	0.24
Non Current Liabilities Total	0.34	0.99	0.16	0.19	0.23	0.16	0.91	-0.3	0.31	0.28	0.55	0.35	0.71	0.27		0.78	0.21	0.41	0.4	-0.05	0.21	0.35	0.11	0.5	0.31	-0.06
Inventory	0.13	0.76	0.0	0.01	0.02	-0.04	0.78	0.04	0.4	0.02	0.29	0.08	0.46	0.0	0.78		0.07	0.07	0.19	-0.15	0.02	0.08	0.02	0.31	0.4	-0.02
Other Current Assets	0.63	0.18	0.56	0.55	0.72	0.65	-0.06	-0.29	0.37	0.5	0.67	0.35	0.46	0.73	0.21	0.07		0.41	0.56	0.77	0.58	-0.14	0.78	0.64	-0.36	0.19
Other Stockholder Equity	0.74	0.43	0.68	0.7	0.69	0.69	0.18	-0.76	0.15	0.61	0.76	0.7	0.6	0.77	0.41	0.07	0.41		0.75	0.49	0.7	0.44	0.57	0.7	-0.45	0.04
Total Liab	0.99	0.45	0.97	0.97	0.92	0.9	0.1	-0.39	0.23	0.8	0.95	0.77	0.55	0.9	0.4	0.19	0.56	0.75		0.68	0.98	0.58	0.79	0.95	-0.45	0.29
Property Plant And Equipment Gross	0.77	-0.03	0.76	0.75	0.88	0.88	-0.41	-0.33	0.5	0.76	0.73	0.58	0.46	0.87	-0.05	-0.15	0.77	0.49	0.68		0.77	0.03	0.97	0.68	-0.43	0.23
Total Current Assets	0.99	0.26	1.0	1.0	0.95	0.94	-0.12	-0.34	0.19	0.82	0.9	0.77	0.44	0.92	0.21	0.02	0.58	0.7	0.98	0.77		0.52	0.85	0.91	-0.55	0.33
Short Term Debt	0.49	0.45	0.51	0.54	0.31	0.29	0.24	-0.29	-0.08	0.54	0.41	0.62	0.27	0.29	0.35	0.08	-0.14	0.44	0.58	0.03	0.52		0.09	0.38	-0.06	-0.03
Non Currrent Assets Other	0.86	0.12	0.84	0.83	0.93	0.94	-0.24	-0.35	0.51	0.74	0.83	0.59	0.54	0.93	0.11	0.02	0.78	0.57	0.79	0.97	0.85	0.09		0.8	-0.44	0.28
Intangible Assets	0.96	0.52	0.89	0.89	0.93	0.9	0.19	-0.29	0.26	0.75	0.98	0.72	0.56	0.9	0.5	0.31	0.64	0.7	0.95	0.68	0.91	0.38	0.8		-0.43	0.33
Current Deferred Revenue	-0.49	0.3	-0.58	-0.56	-0.53	-0.53	0.46	0.28	0.26	-0.31	-0.37	-0.27	0.26	-0.51	0.31	0.4	-0.36	-0.45	-0.45	-0.43	-0.55	-0.06	-0.44	-0.43		-0.53
Common Stock Total Equity	0.31	-0.06	0.35	0.32	0.32	0.3	-0.15	0.26	-0.28	0.18	0.25	0.18	-0.05	0.24	-0.06	-0.02	0.19	0.04	0.29	0.23	0.33	-0.03	0.28	0.33	-0.53

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Asure Software Account Relationship Matchups

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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Asure Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Common Stock Shares Outstanding

Asure Software fundamental ratios Correlations

Asure Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Asure Software fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Asure Stock Analysis

COMMON DESTINATIONS

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Total Current Liabilities	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Total Current Liabilities
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Other Stockholder Equity	- 0.76	Retained Earnings
Current Deferred Revenue	- 0.58	Other Current Liab
Current Deferred Revenue	- 0.56	Total Current Liabilities
Current Deferred Revenue	- 0.55	Total Current Assets
Common Stock Total Equity	- 0.53	Current Deferred Revenue
Current Deferred Revenue	- 0.53	Property Plant And Equipment Net