Asure Software Balance Sheet Health
Financial Health criteria checks 5/6
Asure Software has a total shareholder equity of $199.2M and total debt of $7.5M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are $428.1M and $229.0M respectively.
Key information
3.8%
Debt to equity ratio
US$7.51m
Debt
Interest coverage ratio | n/a |
Cash | US$11.25m |
Equity | US$199.15m |
Total liabilities | US$228.96m |
Total assets | US$428.11m |
Recent financial health updates
Is Asure Software (NASDAQ:ASUR) Using Debt Sensibly?
Oct 22Is Asure Software (NASDAQ:ASUR) Using Too Much Debt?
Jul 16Is Asure Software (NASDAQ:ASUR) A Risky Investment?
Dec 22Asure Software (NASDAQ:ASUR) Is Making Moderate Use Of Debt
Apr 13Is Asure Software (NASDAQ:ASUR) Using Debt Sensibly?
Oct 27Recent updates
Is Asure Software (NASDAQ:ASUR) Using Debt Sensibly?
Oct 22Asure Software, Inc.'s (NASDAQ:ASUR) P/S Is Still On The Mark Following 26% Share Price Bounce
Jul 24Is Asure Software (NASDAQ:ASUR) Using Too Much Debt?
Jul 16Asure Software: Growing Under The Radar As ERTC Creates Hiccup
Jul 06Asure Software, Inc. (NASDAQ:ASUR) Just Reported Earnings, And Analysts Cut Their Target Price
Feb 29Subdued Growth No Barrier To Asure Software, Inc. (NASDAQ:ASUR) With Shares Advancing 26%
Feb 17Is Asure Software (NASDAQ:ASUR) A Risky Investment?
Dec 22Asure Software, Inc. (NASDAQ:ASUR) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Sep 19Asure Software (NASDAQ:ASUR) Is Making Moderate Use Of Debt
Apr 13Is Asure Software (NASDAQ:ASUR) Using Debt Sensibly?
Oct 27Why Asure Software, Inc. (NASDAQ:ASUR) Could Be Worth Watching
Apr 07Asure Software's (NASDAQ:ASUR) Earnings Aren't As Good As They Appear
Nov 16Financial Position Analysis
Short Term Liabilities: ASUR's short term assets ($226.9M) exceed its short term liabilities ($212.5M).
Long Term Liabilities: ASUR's short term assets ($226.9M) exceed its long term liabilities ($16.5M).
Debt to Equity History and Analysis
Debt Level: ASUR has more cash than its total debt.
Reducing Debt: ASUR's debt to equity ratio has reduced from 128.9% to 3.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ASUR has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if ASUR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 05:41 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Asure Software, Inc. is covered by 14 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Vincent Colicchio | Barrington Research Associates, Inc. |
David Hynes | Canaccord Genuity |
Ryan MacDonald | Colliers Securities |