Company / Return on Equity (ROE)
ASURE SOFTWARE INC Return on Equity (ROE) History
FY2013-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-4.8%
FY2023
5-year range
-9.0% / 20.6%
FY2019-FY2023
Trend
-318.6%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
ASURE SOFTWARE INC reports negative total equity of -4.8% in FY2023. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-4.8% in FY2023 with a 10-year CAGR of +67.1%.
Declined from 20.6% to -4.8% over the past 3 years.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -25.4pp
- 5-Year Change
- +4.2pp
- 10-Year Change
- +67.1pp
Key checks
Key Insights
- In FY2023, return on equity (roe) decreased 318.6% year-over-year.
- Peak return on equity (roe) was recorded in FY2020.
- Lowest return on equity (roe) in the period was in FY2013.
Company context
Key Data Points
- Altman Z-Score 0.05 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2023 | -4.8% | -318.6% |
| FY2021 | 2.2% | -89.3% |
| FY2020 | 20.6% | +475.2% |
| FY2019 | -5.5% | +38.8% |
| FY2018 | -9.0% | -490.1% |
| FY2017 | -1.5% | +84.2% |
| FY2016 | -9.6% | -36.6% |
| FY2015 | -7.0% | +81.0% |
| FY2014 | -37.2% | +48.3% |
| FY2013 | -71.9% | -128.7% |
As of FY2023 · SEC 10-K · Updated Jun 24, 2026