VerifyMe Quick Ratio from 2010 to 2024

VRME Stock  USD 0.74  0.05  6.33%   
VerifyMe's Quick Ratio is increasing over the years with stable fluctuation. Quick Ratio is expected to dwindle to 1.41. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.48764832
Current Value
1.41
Quarterly Volatility
7.32895122
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check VerifyMe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VerifyMe's main balance sheet or income statement drivers, such as Interest Expense of 152.9 K, Selling General Administrative of 10.5 M or Research Development of 101.7 K, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 39.03 or PTB Ratio of 0.91. VerifyMe financial statements analysis is a perfect complement when working with VerifyMe Valuation or Volatility modules.
  
Check out the analysis of VerifyMe Correlation against competitors.
For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.

Latest VerifyMe's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of VerifyMe over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. VerifyMe's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VerifyMe's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

VerifyMe Quick Ratio Regression Statistics

Arithmetic Mean4.39
Geometric Mean0.80
Coefficient Of Variation166.93
Mean Deviation5.07
Median1.41
Standard Deviation7.33
Sample Variance53.71
Range22.1252
R-Value0.23
Mean Square Error54.87
R-Squared0.05
Significance0.42
Slope0.37
Total Sum of Squares751.99

VerifyMe Quick Ratio History

2024 1.41
2023 1.49
2022 1.73
2021 22.13
2020 21.27
2019 0.41
2018 3.6

About VerifyMe Financial Statements

VerifyMe stakeholders use historical fundamental indicators, such as VerifyMe's Quick Ratio, to determine how well the company is positioned to perform in the future. Although VerifyMe investors may analyze each financial statement separately, they are all interrelated. For example, changes in VerifyMe's assets and liabilities are reflected in the revenues and expenses on VerifyMe's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in VerifyMe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.49  1.41 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether VerifyMe is a strong investment it is important to analyze VerifyMe's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VerifyMe's future performance. For an informed investment choice regarding VerifyMe Stock, refer to the following important reports:
Check out the analysis of VerifyMe Correlation against competitors.
For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VerifyMe. If investors know VerifyMe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VerifyMe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
(0.32)
Revenue Per Share
2.533
Quarterly Revenue Growth
0.003
Return On Assets
(0.05)
The market value of VerifyMe is measured differently than its book value, which is the value of VerifyMe that is recorded on the company's balance sheet. Investors also form their own opinion of VerifyMe's value that differs from its market value or its book value, called intrinsic value, which is VerifyMe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VerifyMe's market value can be influenced by many factors that don't directly affect VerifyMe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VerifyMe's value and its price as these two are different measures arrived at by different means. Investors typically determine if VerifyMe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VerifyMe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.