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Asure Software (Asure Software) Equity-to-Asset : 0.43 (As of Dec. 2023)


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What is Asure Software Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asure Software's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $191.7 Mil. Asure Software's Total Assets for the quarter that ended in Dec. 2023 was $443.9 Mil. Therefore, Asure Software's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

The historical rank and industry rank for Asure Software's Equity-to-Asset or its related term are showing as below:

ASUR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.3   Max: 0.43
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Asure Software was 0.43. The lowest was 0.11. And the median was 0.30.

ASUR's Equity-to-Asset is ranked worse than
64.06% of 2841 companies
in the Software industry
Industry Median: 0.55 vs ASUR: 0.43

Asure Software Equity-to-Asset Historical Data

The historical data trend for Asure Software's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Asure Software Equity-to-Asset Chart

Asure Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.28 0.37 0.35 0.43

Asure Software Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.34 0.37 0.49 0.43

Competitive Comparison of Asure Software's Equity-to-Asset

For the Software - Application subindustry, Asure Software's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asure Software's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Asure Software's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Asure Software's Equity-to-Asset falls into.



Asure Software Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Asure Software's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=191.655/443.868
=0.43

Asure Software's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=191.655/443.868
=0.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Asure Software  (NAS:ASUR) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Asure Software Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Asure Software's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Asure Software (Asure Software) Business Description

Traded in Other Exchanges
N/A
Address
405 Colorado Street, Suite 1800, Austin, TX, USA, 78701
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products in the United States.
Executives
Patrick Goepel director, officer: Chief Executive Officer 7050 WINNETKA AVE N, SUITE 100, BROOKLYN PARK MN 55428
Eyal Goldstein officer: Chief Revenue Officer 18154 SWEET ELM DRIVE, ENCINO CA 91316
Bradford Scovill Oberwager director 340 S. LEMON AVE. #5445, WALNUT CA 91789
Bjorn Reynolds director 108 WILD BASIN RD. S., SUITE 200, AUSTIN TX 78746
Ben F Allen director C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
Grace G. Lee director C/O CUBIC CORPORATION, 9333 BALBOA AVENUE, SAN DIEGO CA 92123
William Carl Drew director 3700 N CAPITAL OF TEXAS HWY, SUITE 350, AUSTIN TX 78746
John F Pence officer: Chief Financial Officer C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
James Powers officer: Chief Financial Officer 2128 W. BRAKER LANE, BK12, AUSTIN TX 78758
Red Oak Partners, Llc director 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Daniel M Gill director 1560 SHERMAN AVENUE, SUITE 1200, EVANSTON IL 60201
Kelyn Brannon officer: Chief Financial Officer 300 E. RIVERSIDE DRIVE, APT. 527, AUSTIN TX 78704
Lathrop Charles W Jr director 3700 N CAPITAL OF TEXAS HWY, #350, AUSTIN TX 78746
John Randall Waterfield director 140 BROADWAY, 46TH FLOOR, NEW YORK NY 10005
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432