Verisign Stock Current Asset
VRSN Stock | USD 180.77 4.13 2.23% |
VeriSign fundamentals help investors to digest information that contributes to VeriSign's financial success or failures. It also enables traders to predict the movement of VeriSign Stock. The fundamental analysis module provides a way to measure VeriSign's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to VeriSign stock.
As of the 25th of November 2024, Non Current Assets Total is likely to grow to about 1.3 B. Also, Other Current Assets is likely to grow to about 51.9 M. VeriSign | Current Asset |
VeriSign Company Current Asset Analysis
VeriSign's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current VeriSign Current Asset | 1.97 B |
Most of VeriSign's fundamental indicators, such as Current 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, VeriSign is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
VeriSign Current Asset Historical Pattern
Today, most investors in VeriSign Stock are looking for potential investment opportunities by analyzing not only static indicators but also various VeriSign's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of VeriSign current asset as a starting point in their analysis.
VeriSign Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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VeriSign Total Assets
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In accordance with the recently published financial statements, VeriSign has a Current Asset of 1.97 B. This is 93.04% lower than that of the IT Services sector and significantly higher than that of the Information Technology industry. The current asset for all United States stocks is 78.93% higher than that of the company.
VeriSign Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VeriSign's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of VeriSign could also be used in its relative valuation, which is a method of valuing VeriSign by comparing valuation metrics of similar companies.VeriSign is currently under evaluation in current asset category among its peers.
VeriSign ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, VeriSign's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to VeriSign's managers, analysts, and investors.Environmental | Governance | Social |
VeriSign Fundamentals
Return On Asset | 0.42 | ||||
Profit Margin | 0.56 % | ||||
Operating Margin | 0.69 % | ||||
Current Valuation | 18.53 B | ||||
Shares Outstanding | 96.1 M | ||||
Shares Owned By Insiders | 14.20 % | ||||
Shares Owned By Institutions | 82.56 % | ||||
Number Of Shares Shorted | 2.23 M | ||||
Price To Earning | 26.40 X | ||||
Price To Sales | 11.26 X | ||||
Revenue | 1.49 B | ||||
Gross Profit | 1.22 B | ||||
EBITDA | 1.1 B | ||||
Net Income | 817.6 M | ||||
Cash And Equivalents | 980.2 M | ||||
Cash Per Share | 9.25 X | ||||
Total Debt | 1.8 B | ||||
Debt To Equity | (3.20) % | ||||
Current Ratio | 0.96 X | ||||
Book Value Per Share | (19.72) X | ||||
Cash Flow From Operations | 853.8 M | ||||
Short Ratio | 3.79 X | ||||
Earnings Per Share | 8.59 X | ||||
Price To Earnings To Growth | 2.61 X | ||||
Target Price | 200.28 | ||||
Number Of Employees | 907 | ||||
Beta | 0.91 | ||||
Market Capitalization | 17.37 B | ||||
Total Asset | 1.75 B | ||||
Retained Earnings | (13.39 B) | ||||
Working Capital | (200.2 M) | ||||
Current Asset | 1.97 B | ||||
Current Liabilities | 1.5 B | ||||
Net Asset | 1.75 B |
About VeriSign Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VeriSign's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VeriSign using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VeriSign based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with VeriSign
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VeriSign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VeriSign will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to VeriSign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VeriSign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VeriSign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VeriSign to buy it.
The correlation of VeriSign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VeriSign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VeriSign moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VeriSign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out VeriSign Piotroski F Score and VeriSign Altman Z Score analysis. To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Internet Services & Infrastructure 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 VeriSign. If investors know VeriSign 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 VeriSign 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 0.131 | Earnings Share 8.59 | Revenue Per Share 15.467 | Quarterly Revenue Growth 0.038 | Return On Assets 0.4159 |
The market value of VeriSign is measured differently than its book value, which is the value of VeriSign that is recorded on the company's balance sheet. Investors also form their own opinion of VeriSign's value that differs from its market value or its book value, called intrinsic value, which is VeriSign'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 VeriSign's market value can be influenced by many factors that don't directly affect VeriSign'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 VeriSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if VeriSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VeriSign'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.