VerifyMe Historical Balance Sheet
VRMEW Stock | USD 0.03 0.01 24.00% |
Trend analysis of VerifyMe balance sheet accounts such as Total Assets of 21.7 M, Total Current Liabilities of 5.4 M, Total Stockholder Equity of 13.2 M or Current Deferred Revenue of 1.4 M provides information on VerifyMe's total assets, liabilities, and equity, which is the actual value of VerifyMe to its prevalent stockholders. By breaking down trends over time using VerifyMe 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.
Financial Statement Analysis is much more than just reviewing and examining VerifyMe 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 VerifyMe is a good buy for the upcoming year.
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About VerifyMe Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of VerifyMe at a specified time, usually calculated after every quarter, six months, or one year. VerifyMe Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of VerifyMe 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 VerifyMe currently owns. An asset can also be divided into two categories, current and non-current.
VerifyMe Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of VerifyMe 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 VerifyMe 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 VerifyMe balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of VerifyMe 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.Accounts Payable
An accounting item on the balance sheet that represents VerifyMe obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of VerifyMe are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Liabilities And Stockholders Equity
The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.Most accounts from VerifyMe's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into VerifyMe 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, VerifyMe's Other Stockholder Equity is fairly stable compared to the past year. Total Liabilities is likely to climb to about 8.6 M in 2024, despite the fact that Retained Earnings are likely to grow to (77.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 450K | 5.4M | 5.1M | 5.4M | Total Assets | 21.7M | 20.8M | 20.7M | 21.7M |
VerifyMe balance sheet Correlations
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VerifyMe balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 943.2K | 8.8M | 21.7M | 20.8M | 20.7M | 21.7M | |
Total Current Liabilities | 1.0M | 383K | 450K | 5.4M | 5.1M | 5.4M | |
Total Stockholder Equity | (67.7K) | 8.3M | 21.2M | 13.6M | 12.5M | 13.2M | |
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 | |
Cash | 252.8K | 7.9M | 9.4M | 3.4M | 3.1M | 1.6M | |
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 | 111.5K | 6K | 7K | 10K | 9K | 8.6K | |
Other Current Assets | 31.8K | 354K | 392K | 333K | 254K | 266.7K | |
Inventory | 30.2K | 54K | 52K | 81K | 38K | 44.3K | |
Other Current Liab | 69.0K | 171.5K | 109K | 787K | 1.2M | 617.1K | |
Non Current Liabilities Total | 720.3K | 72K | 71K | 1.7M | 3.0M | 1.6M | |
Non Currrent Assets Other | 177.0K | (573K) | 11.7M | 133K | 174K | 165.3K | |
Net Invested Capital | 230.3K | 8.4M | 21.2M | 15.5M | 17.8M | 10.3M | |
Capital Stock | 111.5K | 6K | 7K | 10K | 9K | 8.6K | |
Net Working Capital | (563.5K) | 7.8M | 9.6M | 4.0M | 4.6M | 4.9M |
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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.Additional Tools for VerifyMe Stock Analysis
When running VerifyMe's price analysis, check to measure VerifyMe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VerifyMe is operating at the current time. Most of VerifyMe's value examination focuses on studying past and present price action to predict the probability of VerifyMe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VerifyMe's price. Additionally, you may evaluate how the addition of VerifyMe to your portfolios can decrease your overall portfolio volatility.