Veritone Historical Balance Sheet

VERI Stock  USD 2.73  0.01  0.36%   
Trend analysis of Veritone balance sheet accounts such as Total Assets of 206.8 M, Other Current Liab of 119.9 M, Total Current Liabilities of 98.8 M or Total Stockholder Equity of 42.4 M provides information on Veritone's total assets, liabilities, and equity, which is the actual value of Veritone to its prevalent stockholders. By breaking down trends over time using Veritone balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Veritone latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Veritone is a good buy for the upcoming year.

Veritone Inventory

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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.

About Veritone Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Veritone at a specified time, usually calculated after every quarter, six months, or one year. Veritone Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Veritone and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Veritone currently owns. An asset can also be divided into two categories, current and non-current.

Veritone Balance Sheet Chart

As of now, Veritone's Total Liabilities is increasing as compared to previous years. The Veritone's current Intangible Assets is estimated to increase to about 87.6 M, while Total Assets are projected to decrease to under 206.8 M.

Total Assets

Total assets refers to the total amount of Veritone assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Veritone books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Veritone balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Veritone are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Veritone, which is listed under current asset account on Veritone balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Veritone customers. The amounts must be unrestricted with restricted cash listed in a different Veritone account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Long Term Debt

Long-term debt is a debt that Veritone has held for over one year. Long-term debt appears on Veritone balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Veritone balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Veritone's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Veritone current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Total Liabilities is increasing as compared to previous years. The Veritone's current Intangible Assets is estimated to increase to about 87.6 M, while Total Assets are projected to decrease to under 206.8 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities20.0M135.0M114.2M119.9M
Total Assets504.8M424.8M375.8M206.8M

Veritone balance sheet Correlations

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Veritone Account Relationship Matchups

Veritone balance sheet Accounts

201920202021202220232024 (projected)
Total Assets108.5M177.7M504.8M424.8M375.8M206.8M
Other Current Liab23.5M66.1M20.0M135.0M114.2M119.9M
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 Receivables31.6M35.0M112.2M78.3M83.2M44.9M
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 Assets15.7M6.7M39.3M15.2M20.2M12.9M
Property Plant And Equipment Gross3.2M2.4M4.4M8.8M16.7M17.5M
Accumulated Other Comprehensive Income1K46K66K(104K)(10K)(10.5K)
Non Currrent Assets Other1.2M1.1M1.8M15.3M19.0M20.0M
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.