Veritec Financial Statements From 2010 to 2025

VRTC Stock  USD 0.0001  0.00  0.00%   
Veritec's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Veritec's valuation are provided below:
Veritec does not presently have any fundamental trend indicators for analysis.
Check Veritec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veritec's main balance sheet or income statement drivers, such as , as well as many indicators such as . Veritec financial statements analysis is a perfect complement when working with Veritec Valuation or Volatility modules.
  
This module can also supplement various Veritec Technical models . Check out the analysis of Veritec Correlation against competitors.

Veritec Company Return On Asset Analysis

Veritec's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Veritec Return On Asset

    
  -1.83  
Most of Veritec's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Veritec is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Veritec has a Return On Asset of -1.8252. This is 36.84% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is notably higher than that of the company.

Veritec Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Veritec's current stock value. Our valuation model uses many indicators to compare Veritec value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Veritec competition to find correlations between indicators driving Veritec's intrinsic value. More Info.
Veritec is rated below average in return on asset category among its peers. It is rated second in profit margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Veritec by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Veritec's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

About Veritec Financial Statements

Veritec stakeholders use historical fundamental indicators, such as Veritec's revenue or net income, to determine how well the company is positioned to perform in the future. Although Veritec investors may analyze each financial statement separately, they are all interrelated. For example, changes in Veritec's assets and liabilities are reflected in the revenues and expenses on Veritec'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 Veritec. Please read more on our technical analysis and fundamental analysis pages.
Veritec, Inc., together with its subsidiaries, develops, sells, and licenses products and services to its mobile banking solutions in the United States. Veritec, Inc. was incorporated in 1982 and is based in Golden Valley, Minnesota. Veritec operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 7 people.

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Other Information on Investing in Veritec Pink Sheet

Veritec financial ratios help investors to determine whether Veritec Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Veritec with respect to the benefits of owning Veritec security.