Company / Working Capital
ASURE SOFTWARE INC Working Capital History
FY2013-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$25.9M
FY2023
5-year range
$8.1M / $25.9M
FY2019-FY2023
Trend
+219.8%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Working Capital changed +220% YoY in FY2023, a notable deviation from the 9-year average annual change of +70%.
Based on SEC 10-K filings.
$26M in FY2023 with a 5-year CAGR of +17.7%.
Improved from $8M to $26M over the past 3 years.
Working Capital over time
Growth rates
- 3-Year CAGR
- +46.6%
- 5-Year CAGR
- +17.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +17.7%, indicating consistent growth.
- In FY2023, working capital increased 219.8% year-over-year.
- Lowest working capital in the period was in FY2015.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2023 | $25.9M | +219.8% |
| FY2021 | $8.1M | -1.4% |
| FY2020 | $8.2M | -54.0% |
| FY2019 | $17.9M | +56.0% |
| FY2018 | $11.4M | -32.8% |
| FY2017 | $17.0M | +304.7% |
| FY2016 | $4.2M | +149.0% |
| FY2015 | -$8.6M | -17.5% |
| FY2014 | -$7.3M | +6.7% |
| FY2013 | -$7.8M | +19.1% |
As of FY2023 · SEC 10-K · Updated Jun 24, 2026