Asure Total Liab vs Short Long Term Debt Total Analysis

ASUR Stock  USD 9.79  0.03  0.31%   
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 Liab and its Short Long Term Debt Total 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 Liab vs Short Long Term Debt Total

Total Liab vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asure Software Total Liab account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Asure Software's Total Liab and Short Long Term Debt Total is 0.45. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Long Term Debt Total 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 Liab and Short Long Term Debt Total 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 Liab of Asure Software are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Liab i.e., Asure Software's Total Liab and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Short Long Term Debt Total

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 11/30/2024, Discontinued Operations is likely to grow to about 87.3 M, while Selling General Administrative is likely to drop slightly above 26.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.0M4.4M4.3M2.3M
Depreciation And Amortization17.8M20.4M20.6M21.6M

Asure Software fundamental ratios Correlations

0.380.980.980.970.950.01-0.380.270.840.960.780.510.950.340.130.910.740.990.770.990.580.860.96-0.490.31
0.380.210.240.260.190.89-0.320.320.340.570.410.70.290.990.760.20.430.45-0.030.260.410.120.520.3-0.06
0.980.211.00.940.93-0.15-0.320.160.780.880.730.350.90.160.00.940.690.970.761.00.610.840.89-0.580.35
0.980.241.00.930.93-0.12-0.340.180.790.880.740.370.90.190.010.940.70.970.751.00.640.830.89-0.560.32
0.970.260.940.930.99-0.14-0.350.310.850.940.760.490.980.230.020.850.690.920.880.950.410.930.93-0.530.32
0.950.190.930.930.99-0.2-0.350.320.820.910.730.470.980.16-0.040.840.690.90.880.940.40.940.9-0.530.3
0.010.89-0.15-0.12-0.14-0.2-0.160.15-0.110.210.010.48-0.080.910.78-0.10.180.1-0.41-0.120.18-0.240.190.46-0.15
-0.38-0.32-0.32-0.34-0.35-0.35-0.16-0.41-0.36-0.43-0.31-0.42-0.5-0.30.04-0.31-0.76-0.39-0.33-0.34-0.31-0.35-0.290.280.26
0.270.320.160.180.310.320.15-0.410.310.370.110.530.360.310.40.170.150.230.50.19-0.10.510.260.26-0.28
0.840.340.780.790.850.82-0.11-0.360.310.810.940.540.810.280.020.650.610.80.760.820.570.740.75-0.310.18
0.960.570.880.880.940.910.21-0.430.370.810.760.660.940.550.290.80.760.950.730.90.490.830.98-0.370.25
0.780.410.730.740.760.730.01-0.310.110.940.760.560.720.350.080.580.70.770.580.770.650.590.72-0.270.18
0.510.70.350.370.490.470.48-0.420.530.540.660.560.560.710.460.370.570.50.450.40.230.520.540.28-0.06
0.950.290.90.90.980.98-0.08-0.50.360.810.940.720.560.270.00.840.770.90.870.920.40.930.9-0.510.24
0.340.990.160.190.230.160.91-0.30.310.280.550.350.710.270.780.150.410.4-0.050.210.310.110.50.31-0.06
0.130.760.00.010.02-0.040.780.040.40.020.290.080.460.00.78-0.020.070.19-0.150.020.020.020.310.4-0.02
0.910.20.940.940.850.84-0.1-0.310.170.650.80.580.370.840.15-0.020.620.910.720.940.610.80.8-0.480.34
0.740.430.690.70.690.690.18-0.760.150.610.760.70.570.770.410.070.620.750.490.70.520.570.7-0.450.04
0.990.450.970.970.920.90.1-0.390.230.80.950.770.50.90.40.190.910.750.680.980.670.790.95-0.450.29
0.77-0.030.760.750.880.88-0.41-0.330.50.760.730.580.450.87-0.05-0.150.720.490.680.770.130.970.68-0.430.23
0.990.261.01.00.950.94-0.12-0.340.190.820.90.770.40.920.210.020.940.70.980.770.620.850.91-0.550.33
0.580.410.610.640.410.40.18-0.31-0.10.570.490.650.230.40.310.020.610.520.670.130.620.20.47-0.150.04
0.860.120.840.830.930.94-0.24-0.350.510.740.830.590.520.930.110.020.80.570.790.970.850.20.8-0.440.28
0.960.520.890.890.930.90.19-0.290.260.750.980.720.540.90.50.310.80.70.950.680.910.470.8-0.430.33
-0.490.3-0.58-0.56-0.53-0.530.460.280.26-0.31-0.37-0.270.28-0.510.310.4-0.48-0.45-0.45-0.43-0.55-0.15-0.44-0.43-0.53
0.31-0.060.350.320.320.3-0.150.26-0.280.180.250.18-0.060.24-0.06-0.020.340.040.290.230.330.040.280.33-0.53
Click cells to compare fundamentals

Asure Software Account Relationship Matchups

Asure Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets335.0M515.4M433.2M419.9M443.9M466.1M
Short Long Term Debt Total34.2M31.7M41.3M43.2M10.4M20.5M
Other Current Liab155.2M326.9M223.5M216.7M228.9M240.4M
Total Current Liabilities166.6M350.0M232.8M235.2M241.3M253.4M
Total Stockholder Equity137.6M145.7M158.2M145.1M191.7M201.2M
Property Plant And Equipment Net14.8M14.7M14.7M18.5M19.5M20.5M
Net Debt5.4M3.2M27.9M26.2M(19.9M)(18.9M)
Retained Earnings(253.6M)(270.0M)(266.8M)(281.2M)(290.4M)(305.0M)
Accounts Payable1.7M1.3M565K2.2M2.6M4.2M
Cash28.8M28.6M13.4M17.0M30.3M31.8M
Non Current Assets Total150.6M157.2M183.4M176.6M176.6M185.5M
Cash And Short Term Investments28.8M28.6M13.4M17.0M30.3M15.2M
Net Receivables4.8M3.8M5.3M12.1M14.2M8.2M
Common Stock Shares Outstanding15.5M15.9M19.5M20.1M22.1M23.2M
Liabilities And Stockholders Equity335.0M515.4M433.2M419.9M443.9M466.1M
Non Current Liabilities Total30.9M19.7M42.2M39.7M10.9M15.5M
Inventory656K449K246K251K155K147.3K
Other Current Assets1.3M323.9M230.9M213.9M222.5M233.7M
Other Stockholder Equity391.1M414.8M424.9M428.6M483.0M281.3M
Total Liab197.5M369.8M275.0M274.8M252.2M264.8M
Property Plant And Equipment Gross14.8M14.7M14.7M18.5M43.5M45.7M
Total Current Assets184.4M358.2M249.8M243.3M267.2M280.6M
Accumulated Other Comprehensive Income(25K)604K(99K)(2.5M)(1.1M)(1.2M)
Short Term Debt4.1M16.0M5.0M7.8M3.0M3.3M
Non Currrent Assets Other3.2M4.0M4.1M5.5M9.0M9.5M
Intangible Assets63.9M64.6M78.6M66.6M62.1M65.2M
Current Deferred Revenue5.5M5.8M3.8M8.5M6.9M6.7M
Common Stock Total Equity157K161K193K204K183.6K167.9K
Common Stock161K193K204K206K254K169.3K
Other Liab797K2.2M4.3M2.4M2.2M1.5M
Other Assets3.2M331.5M4.1M5.5M1.00.95
Property Plant Equipment7.9M8.3M14.7M18.5M21.3M22.3M
Long Term Debt24.1M12.2M33.1M30.8M4.3M4.1M
Good Will111.4M68.7M74.0M86.0M98.9M55.3M
Net Tangible Assets5.0M7.1M(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 Total107.2M24.1M12.2M33.1M38.1M34.8M
Capital Surpluse391.9M396.1M419.8M429.9M494.4M372.1M

Pair Trading with Asure Software

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asure Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asure Software will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Asure Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asure Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asure Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asure Software to buy it.
The correlation of Asure Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asure Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asure Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asure Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.