Asure Software's Total Assets for the quarter that ended in Dec. 2023 was $443.9 Mil.
During the past 12 months, Asure Software's average Total Assets Growth Rate was 2.60% per year.
During the past 3 years, the average Total Assets Growth Rate was -5.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 37.10% per year.
During the past 13 years, Asure Software's highest 3-Year average Total Assets Growth Rate was 137.80%. The lowest was -56.90%. And the median was 28.80%.
Total Assets is connected with ROA %. Asure Software's annualizedROA % for the quarter that ended in Dec. 2023 was -3.42%. Total Assets is also linked to Revenue through Asset Turnover. Asure Software's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.
Asure Software Total Assets Historical Data
The historical data trend for Asure Software's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Asure Software's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Asure Software's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Asure Software Total Assets Related Terms
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Asure Software (Asure Software) Business Description
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.
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