VerifyMe Interest Expense vs Reconciled Depreciation Analysis

VRME Stock  USD 0.63  0.01  1.61%   
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 Interest Expense and its Reconciled Depreciation 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.

Interest Expense vs Reconciled Depreciation

Interest Expense vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VerifyMe Interest Expense account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between VerifyMe's Interest Expense and Reconciled Depreciation is -0.14. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of VerifyMe, assuming nothing else is changed. The correlation between historical values of VerifyMe's Interest Expense and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of VerifyMe are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Interest Expense i.e., VerifyMe's Interest Expense and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Reconciled Depreciation

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 Amortization117K770K1.1M1.2M
Research Development51K89K107K101.7K

VerifyMe fundamental ratios Correlations

0.910.710.82-0.47-0.010.50.92-0.45-0.730.420.970.650.810.970.830.280.950.810.85-0.590.870.870.360.760.45
0.910.80.69-0.71-0.110.120.85-0.63-0.680.060.850.760.610.880.82-0.150.910.620.68-0.760.680.670.10.590.57
0.710.80.83-0.41-0.33-0.060.76-0.93-0.55-0.060.550.990.220.620.64-0.170.860.220.34-0.530.320.350.30.320.66
0.820.690.83-0.13-0.120.410.84-0.64-0.570.40.70.810.520.750.630.350.90.50.58-0.360.580.630.610.550.46
-0.47-0.71-0.41-0.130.060.16-0.440.370.450.19-0.45-0.38-0.36-0.49-0.560.51-0.48-0.39-0.40.76-0.38-0.340.33-0.15-0.19
-0.01-0.11-0.33-0.120.060.19-0.050.50.250.10.07-0.320.220.02-0.220.21-0.130.190.10.110.20.13-0.160.37-0.23
0.50.12-0.060.410.160.190.440.32-0.410.980.57-0.110.750.530.370.890.350.730.69-0.010.720.720.620.58-0.19
0.920.850.760.84-0.44-0.050.44-0.52-0.730.370.840.70.710.920.810.210.940.730.81-0.720.790.810.330.650.32
-0.45-0.63-0.93-0.640.370.50.32-0.520.430.3-0.28-0.950.08-0.34-0.490.37-0.650.08-0.070.43-0.02-0.05-0.170.01-0.68
-0.73-0.68-0.55-0.570.450.25-0.41-0.730.43-0.36-0.67-0.52-0.62-0.78-0.98-0.16-0.74-0.63-0.790.52-0.73-0.71-0.24-0.26-0.18
0.420.06-0.060.40.190.10.980.370.3-0.360.48-0.110.650.460.310.860.30.630.580.030.620.610.690.51-0.18
0.970.850.550.7-0.450.070.570.84-0.28-0.670.480.480.850.960.780.350.850.860.86-0.540.910.890.290.820.42
0.650.760.990.81-0.38-0.32-0.110.7-0.95-0.52-0.110.480.150.550.6-0.20.820.140.27-0.490.250.270.30.260.67
0.810.610.220.52-0.360.220.750.710.08-0.620.650.850.150.850.680.510.680.980.95-0.440.960.950.330.71-0.08
0.970.880.620.75-0.490.020.530.92-0.34-0.780.460.960.550.850.870.280.90.870.9-0.620.920.920.30.760.32
0.830.820.640.63-0.56-0.220.370.81-0.49-0.980.310.780.60.680.870.090.830.690.82-0.610.780.760.210.380.28
0.28-0.15-0.170.350.510.210.890.210.37-0.160.860.35-0.20.510.280.090.160.50.440.350.50.520.610.44-0.22
0.950.910.860.9-0.48-0.130.350.94-0.65-0.740.30.850.820.680.90.830.160.670.75-0.610.740.760.410.610.46
0.810.620.220.5-0.390.190.730.730.08-0.630.630.860.140.980.870.690.50.670.96-0.470.970.970.250.72-0.09
0.850.680.340.58-0.40.10.690.81-0.07-0.790.580.860.270.950.90.820.440.750.96-0.560.970.960.270.61-0.02
-0.59-0.76-0.53-0.360.760.11-0.01-0.720.430.520.03-0.54-0.49-0.44-0.62-0.610.35-0.61-0.47-0.56-0.47-0.460.17-0.3-0.23
0.870.680.320.58-0.380.20.720.79-0.02-0.730.620.910.250.960.920.780.50.740.970.97-0.470.980.270.740.03
0.870.670.350.63-0.340.130.720.81-0.05-0.710.610.890.270.950.920.760.520.760.970.96-0.460.980.310.710.0
0.360.10.30.610.33-0.160.620.33-0.17-0.240.690.290.30.330.30.210.610.410.250.270.170.270.310.340.13
0.760.590.320.55-0.150.370.580.650.01-0.260.510.820.260.710.760.380.440.610.720.61-0.30.740.710.340.34
0.450.570.660.46-0.19-0.23-0.190.32-0.68-0.18-0.180.420.67-0.080.320.28-0.220.46-0.09-0.02-0.230.030.00.130.34
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VerifyMe Account Relationship Matchups

VerifyMe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets943.2K8.8M21.7M20.8M20.7M21.7M
Total Stockholder Equity(67.7K)8.3M21.2M13.6M12.5M13.2M
Cash252.8K7.9M9.4M3.4M3.1M3.2M
Other Current Assets31.8K354K392K333K254K266.7K
Common Stock111.5K6K7K10K11.5K10.9K
Other Current Liab69.0K171.5K109K787K1.2M717.2K
Total Current Liabilities1.0M383K450K5.4M5.1M5.4M
Net Debt45.2K(7.9M)(9.4M)(1.1M)(143K)(150.2K)
Retained Earnings(61.8M)(67.7M)(64.1M)(78.5M)(81.8M)(77.8M)
Accounts Payable422.3K383K341K3.9M3.3M3.5M
Non Current Assets Total495.8K573K11.7M11.3M13.0M13.7M
Cash And Short Term Investments252.8K7.9M9.4M3.4M3.1M1.6M
Net Receivables81.1K31K297K5.6M4.3M4.5M
Common Stock Shares Outstanding2.1M4.0M7.4M8.5M9.8M10.3M
Liabilities And Stockholders Equity943.2K8.8M21.7M20.8M20.7M21.7M
Other Stockholder Equity61.6M76.0M85.2M92.0M94.4M99.1M
Total Liab1.0M455K521K7.2M8.2M8.6M
Total Current Assets447.3K8.2M10.0M9.5M7.7M8.1M
Intangible Assets318.8K373K509K6.4M6.8M7.1M
Common Stock Total Equity53.5K102.2K111.5K6.06.96.55
Property Plant Equipment177K200K204K761K875.2K918.9K
Inventory30.2K54K52K81K38K42.1K
Non Currrent Assets Other(1.0)(573K)11.7M133K174K165.3K
Short Term Debt0.0298.0K616K730K670K703.5K
Non Current Liabilities Total720.3K72K71K1.7M3.0M3.2M
Net Tangible Assets(386K)7.9M20.7M3.2M3.7M1.9M
Net Invested Capital230.3K8.4M21.2M15.5M17.8M18.7M
Net Working Capital(563.5K)7.8M9.6M4.0M4.6M4.0M

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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 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 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
(0.32)
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.