Asure Software Inc (ASUR) has disclosed a new risk, in the Debt & Financing category.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Asure Software Inc. faces significant business risk due to its reliance on future performance to manage its existing indebtedness, including obligations under its Credit, Security and Guaranty Agreement with MidCap Financial Trust. The company’s ability to generate sufficient cash flow to service its debt and support growth strategies is uncertain and may necessitate asset sales, debt restructuring, or raising equity capital under potentially unfavorable terms. Failure to refinance or meet debt obligations could lead to default, allowing creditors to demand immediate repayment, thereby straining Asure’s financial stability. This situation underscores the vulnerability of Asure Software to economic, financial, and competitive factors beyond its control.
The average ASUR stock price target is $13.80, implying 55.93% upside potential.
To learn more about Asure Software Inc’s risk factors, click here.