Asure Software Inc
Asure Software, Inc. engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States. It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build productive workforce to help them stay compliant and allocate resources to grow their business. The company's solutions include Asure Pay… Read more
Asure Software Inc (ASUR) - Net Assets
Latest net assets as of September 2025: $193.09 Million USD
Based on the latest financial reports, Asure Software Inc (ASUR) has net assets worth $193.09 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($447.08 Million) and total liabilities ($253.99 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $193.09 Million |
| % of Total Assets | 43.19% |
| Annual Growth Rate | 12.79% |
| 5-Year Change | 35.47% |
| 10-Year Change | 5207.02% |
| Growth Volatility | 120.34 |
Asure Software Inc - Net Assets Trend (1990–2024)
This chart illustrates how Asure Software Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asure Software Inc (1990–2024)
The table below shows the annual net assets of Asure Software Inc from 1990 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $197.31 Million | +2.95% |
| 2023-12-31 | $191.66 Million | +32.12% |
| 2022-12-31 | $145.07 Million | -8.33% |
| 2021-12-31 | $158.24 Million | +8.64% |
| 2020-12-31 | $145.65 Million | +5.87% |
| 2019-12-31 | $137.58 Million | +34.20% |
| 2018-12-31 | $102.52 Million | +60.75% |
| 2017-12-31 | $63.77 Million | +249.52% |
| 2016-12-31 | $18.25 Million | +390.75% |
| 2015-12-31 | $3.72 Million | -16.84% |
| 2014-12-31 | $4.47 Million | +6.02% |
| 2013-12-31 | $4.22 Million | +95.23% |
| 2012-12-31 | $2.16 Million | +4.65% |
| 2011-12-31 | $2.06 Million | -24.23% |
| 2010-12-31 | $2.72 Million | -29.76% |
| 2009-12-31 | $3.88 Million | -74.01% |
| 2008-12-31 | $14.92 Million | -34.04% |
| 2007-12-31 | $22.62 Million | +123.52% |
| 2006-12-31 | $10.12 Million | -23.86% |
| 2005-12-31 | $13.29 Million | -31.84% |
| 2004-12-31 | $19.50 Million | -50.32% |
| 2003-12-31 | $39.25 Million | +21.61% |
| 2002-12-31 | $32.28 Million | -22.45% |
| 2001-12-31 | $41.62 Million | -49.65% |
| 2000-12-31 | $82.66 Million | +21.56% |
| 1999-12-31 | $68.00 Million | -16.32% |
| 1998-12-31 | $81.26 Million | +5.80% |
| 1997-12-31 | $76.80 Million | -18.64% |
| 1996-12-31 | $94.40 Million | -9.06% |
| 1995-12-31 | $103.80 Million | +179.03% |
| 1994-12-31 | $37.20 Million | +2.48% |
| 1993-12-31 | $36.30 Million | -5.22% |
| 1992-12-31 | $38.30 Million | +498.44% |
| 1991-12-31 | $6.40 Million | +93.94% |
| 1990-12-31 | $3.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asure Software Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 29352600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $267.00K | 0.14% |
| Other Comprehensive Income | $-575.00K | -0.29% |
| Other Components | $504.85 Million | 255.86% |
| Total Equity | $197.31 Million | 100.00% |
Asure Software Inc Competitors by Market Cap
The table below lists competitors of Asure Software Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Modern Dental Group Limited
F:1MD
|
$213.74 Million |
|
Here Group Limited
NASDAQ:HERE
|
$213.86 Million |
|
Nanjing Chixia Development Co Ltd
SHG:600533
|
$213.87 Million |
|
China Resources Chemical Innovative Materials Co. Ltd.
SHE:301090
|
$213.89 Million |
|
Thaicom Public Company Limited
BK:THCOM
|
$213.61 Million |
|
Hong Tai Electric Industrial Co Ltd
TW:1612
|
$213.60 Million |
|
2Seventy Bio Inc
NASDAQ:TSVT
|
$213.50 Million |
|
Movida Participações S.A
SA:MOVI3
|
$213.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asure Software Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 191,655,000 to 197,315,000, a change of 5,660,000 (3.0%).
- Net loss of 11,773,000 reduced equity.
- New share issuances of 1,370,000 increased equity.
- Other comprehensive income increased equity by 540,000.
- Other factors increased equity by 15,523,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.77 Million | -5.97% |
| Share Issuances | $1.37 Million | +0.69% |
| Other Comprehensive Income | $540.00K | +0.27% |
| Other Changes | $15.52 Million | +7.87% |
| Total Change | $- | 2.95% |
Book Value vs Market Value Analysis
This analysis compares Asure Software Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.74x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | $4.82 | $8.38 | x |
| 1991-12-31 | $8.18 | $8.38 | x |
| 1992-12-31 | $30.64 | $8.38 | x |
| 1993-12-31 | $27.32 | $8.38 | x |
| 1994-12-31 | $24.80 | $8.38 | x |
| 1995-12-31 | $61.51 | $8.38 | x |
| 1996-12-31 | $42.29 | $8.38 | x |
| 1997-12-31 | $23.01 | $8.38 | x |
| 1998-12-31 | $23.22 | $8.38 | x |
| 1999-12-31 | $19.18 | $8.38 | x |
| 2000-12-31 | $21.59 | $8.38 | x |
| 2001-12-31 | $11.17 | $8.38 | x |
| 2002-12-31 | $8.81 | $8.38 | x |
| 2003-12-31 | $10.44 | $8.38 | x |
| 2004-12-31 | $5.23 | $8.38 | x |
| 2005-12-31 | $3.55 | $8.38 | x |
| 2006-12-31 | $2.67 | $8.38 | x |
| 2007-12-31 | $5.79 | $8.38 | x |
| 2008-12-31 | $3.31 | $8.38 | x |
| 2009-12-31 | $0.83 | $8.38 | x |
| 2010-12-31 | $0.59 | $8.38 | x |
| 2011-12-31 | $0.45 | $8.38 | x |
| 2012-12-31 | $0.43 | $8.38 | x |
| 2013-12-31 | $0.74 | $8.38 | x |
| 2014-12-31 | $0.74 | $8.38 | x |
| 2015-12-31 | $0.60 | $8.38 | x |
| 2016-12-31 | $2.79 | $8.38 | x |
| 2017-12-31 | $5.86 | $8.38 | x |
| 2018-12-31 | $7.32 | $8.38 | x |
| 2019-12-31 | $8.87 | $8.38 | x |
| 2020-12-31 | $9.15 | $8.38 | x |
| 2021-12-31 | $8.11 | $8.38 | x |
| 2022-12-31 | $7.21 | $8.38 | x |
| 2023-12-31 | $8.66 | $8.38 | x |
| 2024-12-31 | $7.57 | $8.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asure Software Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.83%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.21x
- Recent ROE (-5.97%) is above the historical average (-32.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | -87.88% | -54.72% | 1.08x | 1.48x | $-3.23 Million |
| 1991 | -37.50% | -21.82% | 0.96x | 1.78x | $-3.04 Million |
| 1992 | 3.92% | 5.75% | 0.62x | 1.10x | $-2.33 Million |
| 1993 | -25.62% | -29.52% | 0.69x | 1.25x | $-12.93 Million |
| 1994 | 0.27% | 0.18% | 1.17x | 1.25x | $-3.62 Million |
| 1995 | 3.56% | 4.74% | 0.66x | 1.14x | $-6.68 Million |
| 1997 | -67.84% | -27.28% | 1.46x | 1.71x | $-59.78 Million |
| 1998 | 3.42% | 1.55% | 1.39x | 1.59x | $-5.35 Million |
| 1999 | -22.94% | -10.29% | 1.22x | 1.83x | $-22.40 Million |
| 2000 | 2.78% | 1.71% | 1.09x | 1.49x | $-5.97 Million |
| 2001 | -78.18% | -85.25% | 0.55x | 1.67x | $-36.70 Million |
| 2002 | -18.91% | -10.42% | 1.12x | 1.62x | $-9.33 Million |
| 2003 | 20.43% | 14.89% | 1.14x | 1.20x | $4.09 Million |
| 2004 | -105.85% | -118.11% | 0.67x | 1.33x | $-22.59 Million |
| 2005 | -49.42% | -66.30% | 0.49x | 1.51x | $-7.90 Million |
| 2006 | -35.13% | -23.87% | 0.83x | 1.78x | $-4.57 Million |
| 2007 | 54.15% | 30.31% | 1.08x | 1.65x | $9.99 Million |
| 2008 | -85.17% | -124.81% | 0.46x | 1.50x | $-14.20 Million |
| 2009 | -250.98% | -96.90% | 1.22x | 2.13x | $-10.12 Million |
| 2010 | -41.74% | -11.33% | 1.72x | 2.14x | $-1.41 Million |
| 2011 | -31.44% | -5.93% | 0.68x | 7.79x | $-855.40K |
| 2012 | -140.37% | -15.19% | 0.55x | 16.74x | $-3.25 Million |
| 2013 | -39.41% | -6.52% | 0.72x | 8.45x | $-2.08 Million |
| 2014 | -5.86% | -0.96% | 0.79x | 7.71x | $-709.10K |
| 2015 | -47.26% | -6.53% | 0.79x | 9.20x | $-2.13 Million |
| 2016 | -5.33% | -2.73% | 0.41x | 4.70x | $-2.80 Million |
| 2017 | -8.97% | -10.51% | 0.27x | 3.19x | $-12.10 Million |
| 2018 | -7.36% | -8.49% | 0.25x | 3.52x | $-17.80 Million |
| 2019 | 21.81% | 41.01% | 0.23x | 2.33x | $16.24 Million |
| 2020 | -11.20% | -24.90% | 0.13x | 3.54x | $-30.88 Million |
| 2021 | 2.02% | 4.20% | 0.18x | 2.74x | $-12.63 Million |
| 2022 | -9.97% | -15.10% | 0.23x | 2.89x | $-28.97 Million |
| 2023 | -4.81% | -7.74% | 0.27x | 2.32x | $-28.38 Million |
| 2024 | -5.97% | -9.83% | 0.27x | 2.21x | $-31.50 Million |
Industry Comparison
This section compares Asure Software Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,166,100,419
- Average return on equity (ROE) among peers: -60.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asure Software Inc (ASUR) | $193.09 Million | -87.88% | 1.32x | $213.71 Million |
| Abaxx Technologies Inc (ABXXF) | $-1.66 Million | 0.00% | 0.00x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $494.24K | -556.36% | 1.94x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $4.65 Billion | 15.57% | 0.23x | $100.66 Billion |
| Adcore Inc (ADCOF) | $-3.18 | 0.00% | 0.00x | $3.03 Million |
| ADEIA CORP (ADEA) | $446.70 Million | -41.54% | 0.09x | $2.48 Billion |
| Automatic Data Processing Inc (ADP) | $6.01 Billion | 20.87% | 4.70x | $83.68 Billion |
| Autodesk Inc (ADSK) | $569.21 Million | 5.60% | 0.55x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-23.08 Million | 0.00% | 0.00x | $0.98 |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $48.56 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.96 |