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 22
Is 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.