VerifyMe Reconciled Depreciation vs Operating Income Analysis
VRME Stock | USD 0.81 0.02 2.53% |
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 Reconciled Depreciation and its Operating Income 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.
Reconciled Depreciation vs Operating Income
Reconciled Depreciation vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VerifyMe Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between VerifyMe's Reconciled Depreciation and Operating Income is 0.3. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating Income in the same time period over historical financial statements of VerifyMe, assuming nothing else is changed. The correlation between historical values of VerifyMe's Reconciled Depreciation and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of VerifyMe are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Reconciled Depreciation i.e., VerifyMe's Reconciled Depreciation and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Reconciled Depreciation
Operating Income
Operating Income is the amount of profit realized from VerifyMe operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of VerifyMe is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.