Asure Invested Capital vs Capex To Revenue Analysis
ASUR Stock | USD 7.99 0.01 0.13% |
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 Invested Capital and its Capex To Revenue 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.
Invested Capital vs Capex To Revenue
Invested Capital vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asure Software Invested Capital account and Capex To Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Asure Software's Invested Capital and Capex To Revenue is 0.34. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Capex To Revenue 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 Invested Capital and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Asure Software are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Invested Capital i.e., Asure Software's Invested Capital and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Asure Software. There are two different methods for calculating Asure Software invested capital: operating approach and financing approach. Understanding Asure Software invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.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 06/16/2024, 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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