VerifyMe Non Currrent Assets Other vs Total Current Assets Analysis
VRME Stock | USD 1.00 0.02 2.04% |
VerifyMe financial indicator trend analysis is much more than just breaking down VerifyMe prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VerifyMe is a good investment. Please check the relationship between VerifyMe Non Currrent Assets Other and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VerifyMe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.
Non Currrent Assets Other vs Total Current Assets
Non Currrent Assets Other vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VerifyMe Non Currrent Assets Other account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between VerifyMe's Non Currrent Assets Other and Total Current Assets is 0.46. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of VerifyMe, assuming nothing else is changed. The correlation between historical values of VerifyMe's Non Currrent Assets Other and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of VerifyMe are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Currrent Assets Other i.e., VerifyMe's Non Currrent Assets Other and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from VerifyMe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VerifyMe 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 VerifyMe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.The current year's Selling General Administrative is expected to grow to about 10.5 M, whereas Issuance Of Capital Stock is forecasted to decline to about 76 K.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 117K | 770K | 1.1M | 1.2M | Research Development | 51K | 89K | 107K | 101.7K |
VerifyMe fundamental ratios Correlations
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VerifyMe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VerifyMe fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 943.2K | 8.8M | 21.7M | 20.8M | 20.7M | 21.7M | |
Total Stockholder Equity | (67.7K) | 8.3M | 21.2M | 13.6M | 12.5M | 13.2M | |
Cash | 252.8K | 7.9M | 9.4M | 3.4M | 3.1M | 3.2M | |
Other Current Assets | 31.8K | 354K | 392K | 333K | 254K | 266.7K | |
Common Stock | 111.5K | 6K | 7K | 10K | 11.5K | 10.9K | |
Other Current Liab | 69.0K | 171.5K | 109K | 787K | 1.2M | 717.2K | |
Total Current Liabilities | 1.0M | 383K | 450K | 5.4M | 5.1M | 5.4M | |
Net Debt | 45.2K | (7.9M) | (9.4M) | (1.1M) | (143K) | (150.2K) | |
Retained Earnings | (61.8M) | (67.7M) | (64.1M) | (78.5M) | (81.8M) | (77.8M) | |
Accounts Payable | 422.3K | 383K | 341K | 3.9M | 3.3M | 3.5M | |
Non Current Assets Total | 495.8K | 573K | 11.7M | 11.3M | 13.0M | 13.7M | |
Cash And Short Term Investments | 252.8K | 7.9M | 9.4M | 3.4M | 3.1M | 1.6M | |
Net Receivables | 81.1K | 31K | 297K | 5.6M | 4.3M | 4.5M | |
Common Stock Shares Outstanding | 2.1M | 4.0M | 7.4M | 8.5M | 9.8M | 10.3M | |
Liabilities And Stockholders Equity | 943.2K | 8.8M | 21.7M | 20.8M | 20.7M | 21.7M | |
Other Stockholder Equity | 61.6M | 76.0M | 85.2M | 92.0M | 94.4M | 99.1M | |
Total Liab | 1.0M | 455K | 521K | 7.2M | 8.2M | 8.6M | |
Total Current Assets | 447.3K | 8.2M | 10.0M | 9.5M | 7.7M | 8.1M | |
Intangible Assets | 318.8K | 373K | 509K | 6.4M | 6.8M | 7.1M | |
Common Stock Total Equity | 53.5K | 102.2K | 111.5K | 6.0 | 6.9 | 6.55 | |
Property Plant Equipment | 177K | 200K | 204K | 761K | 875.2K | 918.9K | |
Inventory | 30.2K | 54K | 52K | 81K | 38K | 42.1K | |
Non Currrent Assets Other | (1.0) | (573K) | 11.7M | 133K | 174K | 165.3K | |
Short Term Debt | 0.0 | 298.0K | 616K | 730K | 670K | 703.5K | |
Non Current Liabilities Total | 720.3K | 72K | 71K | 1.7M | 3.0M | 3.2M | |
Net Tangible Assets | (386K) | 7.9M | 20.7M | 3.2M | 3.7M | 1.9M | |
Net Invested Capital | 230.3K | 8.4M | 21.2M | 15.5M | 17.8M | 18.7M | |
Net Working Capital | (563.5K) | 7.8M | 9.6M | 4.0M | 4.6M | 4.0M |
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in VerifyMe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 (0.18) | 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.