Veritone Common Stock Shares Outstanding vs Common Stock Total Equity Analysis

VERI Stock  USD 3.13  0.13  3.99%   
Veritone financial indicator trend analysis is much more than just breaking down Veritone prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veritone is a good investment. Please check the relationship between Veritone Common Stock Shares Outstanding and its Common Stock Total Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.

Common Stock Shares Outstanding vs Common Stock Total Equity

Common Stock Shares Outstanding vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veritone Common Stock Shares Outstanding account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Veritone's Common Stock Shares Outstanding and Common Stock Total Equity is 0.97. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Veritone, assuming nothing else is changed. The correlation between historical values of Veritone's Common Stock Shares Outstanding and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Veritone are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Veritone's Common Stock Shares Outstanding and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Veritone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veritone current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.As of now, Veritone's Tax Provision is increasing as compared to previous years. The Veritone's current Sales General And Administrative To Revenue is estimated to increase to 1.11, while Selling General Administrative is projected to decrease to under 40.4 M.
 2020 2022 2023 2024 (projected)
Gross Profit42.0M122.3M73.2M41.0M
Total Revenue57.7M149.7M127.6M133.9M

Veritone fundamental ratios Correlations

0.670.980.720.89-0.35-0.870.930.930.990.90.910.930.970.910.890.650.580.61-0.010.820.920.880.890.90.83
0.670.750.50.33-0.33-0.840.530.50.630.750.740.760.570.790.730.890.880.830.340.870.50.740.620.740.43
0.980.750.650.82-0.42-0.890.90.870.970.920.920.930.920.920.890.710.650.670.070.850.850.890.870.910.78
0.720.50.650.520.35-0.770.610.730.680.780.840.550.770.580.870.620.460.46-0.390.510.780.850.420.850.75
0.890.330.820.52-0.43-0.650.890.890.910.670.680.850.910.790.660.340.320.38-0.020.650.880.650.90.670.82
-0.35-0.33-0.420.35-0.430.18-0.44-0.26-0.37-0.14-0.07-0.55-0.26-0.510.0-0.17-0.27-0.33-0.59-0.51-0.19-0.02-0.66-0.04-0.06
-0.87-0.84-0.89-0.77-0.650.18-0.77-0.75-0.87-0.94-0.95-0.88-0.82-0.9-0.95-0.89-0.85-0.84-0.14-0.9-0.76-0.95-0.75-0.95-0.78
0.930.530.90.610.89-0.44-0.770.870.940.830.80.90.910.890.760.610.530.580.050.780.860.760.880.780.74
0.930.50.870.730.89-0.26-0.750.870.90.80.810.840.980.790.790.450.350.39-0.280.650.990.770.820.780.91
0.990.630.970.680.91-0.37-0.870.940.90.890.910.930.950.910.880.660.60.640.040.830.880.880.890.90.84
0.90.750.920.780.67-0.14-0.940.830.80.890.970.830.860.830.960.790.70.71-0.050.790.80.970.690.970.81
0.910.740.920.840.68-0.07-0.950.80.810.910.970.80.870.820.990.80.690.71-0.10.770.810.990.670.990.83
0.930.760.930.550.85-0.55-0.880.90.840.930.830.80.890.980.780.720.720.730.270.940.830.780.970.80.75
0.970.570.920.770.91-0.26-0.820.910.980.950.860.870.890.850.860.550.460.49-0.170.730.980.850.850.860.89
0.910.790.920.580.79-0.51-0.90.890.790.910.830.820.980.850.80.80.80.820.330.970.790.80.940.820.7
0.890.730.890.870.660.0-0.950.760.790.880.960.990.780.860.80.790.690.7-0.110.750.81.00.641.00.83
0.650.890.710.620.34-0.17-0.890.610.450.660.790.80.720.550.80.790.960.940.350.870.470.80.560.810.45
0.580.880.650.460.32-0.27-0.850.530.350.60.70.690.720.460.80.690.960.960.560.90.360.710.580.710.38
0.610.830.670.460.38-0.33-0.840.580.390.640.710.710.730.490.820.70.940.960.520.890.390.720.620.720.43
-0.010.340.07-0.39-0.02-0.59-0.140.05-0.280.04-0.05-0.10.27-0.170.33-0.110.350.560.520.48-0.27-0.070.3-0.06-0.31
0.820.870.850.510.65-0.51-0.90.780.650.830.790.770.940.730.970.750.870.90.890.480.650.770.870.780.58
0.920.50.850.780.88-0.19-0.760.860.990.880.80.810.830.980.790.80.470.360.39-0.270.650.780.810.790.89
0.880.740.890.850.65-0.02-0.950.760.770.880.970.990.780.850.81.00.80.710.72-0.070.770.780.641.00.82
0.890.620.870.420.9-0.66-0.750.880.820.890.690.670.970.850.940.640.560.580.620.30.870.810.640.660.69
0.90.740.910.850.67-0.04-0.950.780.780.90.970.990.80.860.821.00.810.710.72-0.060.780.791.00.660.81
0.830.430.780.750.82-0.06-0.780.740.910.840.810.830.750.890.70.830.450.380.43-0.310.580.890.820.690.81
Click cells to compare fundamentals

Veritone Account Relationship Matchups

Veritone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets108.5M177.7M504.8M424.8M375.8M206.8M
Other Current Liab23.5M66.1M20.0M135.0M119.6M125.6M
Total Current Liabilities59.7M88.2M191.3M192.9M188.8M98.8M
Total Stockholder Equity47.4M88.2M80.6M80.2M38.1M42.4M
Other Liab1.4M1.2M37.8M12.3M14.1M7.4M
Net Tangible Assets24.4M70.6M(41.7M)(46.3M)(41.7M)(39.6M)
Retained Earnings(232.5M)(280.4M)(351.0M)(371.3M)(429.9M)(408.4M)
Accounts Payable17.0M15.6M46.7M36.7M32.8M25.9M
Cash44.1M114.8M254.7M184.4M79.4M87.4M
Net Receivables31.6M35.0M112.2M78.3M88.9M45.5M
Common Stock Shares Outstanding21.8M27.6M33.3M36.0M36.9M22.4M
Other Stockholder Equity279.8M368.5M431.6M451.5M468.0M253.3M
Total Liab61.1M89.4M424.2M344.6M337.7M354.6M
Total Current Assets81.1M156.6M379.1M278.0M182.8M145.8M
Intangible Assets16.1M10.7M88.2M79.7M83.4M87.6M
Common Stock26K32K35K36K38K23.2K
Property Plant Equipment3.2M2.4M1.6M5.3M6.1M6.4M
Property Plant And Equipment Net3.2M2.4M1.6M5.3M10.3M10.8M
Current Deferred Revenue19.2M6.5M10.6M19.0M28.3M29.7M
Net Debt(44.1M)(114.8M)(59.6M)(46.7M)63.6M66.8M
Non Current Assets Total27.4M21.1M125.7M146.7M193.0M202.7M
Cash And Short Term Investments44.1M114.8M254.7M184.4M79.4M101.3M
Common Stock Total Equity26K32K35K36K41.4K23.4K
Liabilities And Stockholders Equity108.5M177.7M504.8M424.8M375.8M226.1M
Non Current Liabilities Total1.4M1.2M232.9M151.6M148.8M156.3M
Capital Surpluse279.8M368.5M431.6M451.2M518.8M265.1M
Other Current Assets15.7M25.1M39.3M15.2M14.5M14.4M
Property Plant And Equipment Gross3.2M2.4M4.4M8.8M16.7M17.5M
Accumulated Other Comprehensive Income1K46K66K(104K)(10K)(10.5K)
Non Currrent Assets Other1.2M1.1M1.8M15.3M(68.0M)(64.6M)
Other Assets1.2M1.1M345.8M13.5M15.6M14.8M
Non Current Liabilities Other1.4M1.2M37.8M13.9M14.3M11.0M
Retained Earnings Total Equity(232.5M)(280.4M)(351.0M)(371.3M)(334.1M)(350.9M)
Net Invested Capital47.4M88.2M195.1M137.8M178.5M120.8M
Net Working Capital21.4M68.3M187.8M85.1M(6.1M)(5.8M)

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When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Application Software 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 Veritone. If investors know Veritone 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 Veritone 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
1.52
Earnings Share
(1.59)
Revenue Per Share
3.534
Quarterly Revenue Growth
0.108
Return On Assets
(0.12)
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone'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 Veritone's market value can be influenced by many factors that don't directly affect Veritone'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 Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone'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.