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Asure Software (Asure Software) Tangible Book per Share : $1.74 (As of Dec. 2023)


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What is Asure Software Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Asure Software's tangible book value per share for the quarter that ended in Dec. 2023 was $1.74.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Asure Software Tangible Book per Share Historical Data

The historical data trend for Asure Software's Tangible Book per Share 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 Tangible Book per Share Chart

Asure Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.38 -0.32 -0.37 1.74

Asure Software Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share 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 -0.37 0.01 0.01 1.95 1.74

Competitive Comparison of Asure Software's Tangible Book per Share

For the Software - Application subindustry, Asure Software's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where Asure Software's Price-to-Tangible-Book falls into.



Asure Software Tangible Book per Share Calculation

Asure Software's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(191.655-0-148.093)/24.998
=1.74

Asure Software's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(191.655-0-148.093)/24.998
=1.74

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Asure Software  (NAS:ASUR) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Asure Software Tangible Book per Share Related Terms

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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