VerifyMe Common Stock vs Net Receivables Analysis

VRMEW Stock  USD 0.03  0.00  0.00%   
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 Common Stock and its Net Receivables accounts. 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.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VerifyMe Common Stock account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between VerifyMe's Common Stock and Net Receivables is -0.37. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of VerifyMe, assuming nothing else is changed. The correlation between historical values of VerifyMe's Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of VerifyMe are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., VerifyMe's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Net Receivables

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. 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.
Selling General Administrative is likely to climb to about 10.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 76 K in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue867K19.6M25.3M26.6M
Depreciation And Amortization117K770K1.1M1.2M

VerifyMe fundamental ratios Correlations

0.50.910.92-0.45-0.730.460.650.970.650.810.970.830.280.950.81-0.480.850.830.330.76-0.070.47-0.10.46-0.56
0.50.120.440.32-0.410.97-0.110.57-0.110.750.530.370.890.350.730.150.690.40.640.580.130.440.49-0.19-0.1
0.910.120.85-0.63-0.680.10.760.850.760.610.880.82-0.150.910.62-0.720.680.710.080.59-0.140.35-0.470.57-0.68
0.920.440.85-0.52-0.730.410.70.840.70.710.920.810.210.940.73-0.440.810.850.340.65-0.10.5-0.170.32-0.66
-0.450.32-0.63-0.520.430.22-0.95-0.28-0.950.08-0.37-0.490.37-0.650.080.37-0.07-0.68-0.180.010.52-0.340.36-0.680.46
-0.73-0.41-0.68-0.730.43-0.44-0.52-0.67-0.52-0.62-0.81-0.98-0.16-0.74-0.630.45-0.79-0.63-0.35-0.260.35-0.280.22-0.170.85
0.460.970.10.410.22-0.44-0.060.51-0.060.670.490.390.840.340.650.130.630.430.740.44-0.070.550.47-0.15-0.13
0.65-0.110.760.7-0.95-0.52-0.060.481.00.150.560.6-0.20.820.14-0.380.270.820.290.26-0.360.42-0.280.67-0.49
0.970.570.850.84-0.28-0.670.510.480.480.850.960.780.350.850.86-0.450.860.710.270.820.020.41-0.050.43-0.49
0.65-0.110.760.7-0.95-0.52-0.061.00.480.150.560.6-0.20.820.14-0.380.270.820.290.26-0.360.42-0.280.67-0.49
0.810.750.610.710.08-0.620.670.150.850.150.850.680.510.680.98-0.370.950.530.320.710.180.350.06-0.08-0.41
0.970.530.880.92-0.37-0.810.490.560.960.560.850.890.280.910.87-0.510.910.760.290.73-0.090.43-0.150.32-0.65
0.830.370.820.81-0.49-0.980.390.60.780.60.680.890.090.830.69-0.570.820.690.280.38-0.310.3-0.310.28-0.85
0.280.89-0.150.210.37-0.160.84-0.20.35-0.20.510.280.090.160.50.510.440.340.590.440.150.30.83-0.220.24
0.950.350.910.94-0.65-0.740.340.820.850.820.680.910.830.160.67-0.480.750.920.390.6-0.180.5-0.170.46-0.59
0.810.730.620.730.08-0.630.650.140.860.140.980.870.690.50.67-0.40.960.510.240.720.160.350.05-0.09-0.42
-0.480.15-0.72-0.440.370.450.13-0.38-0.45-0.38-0.37-0.51-0.570.51-0.48-0.4-0.41-0.180.3-0.150.04-0.10.8-0.190.61
0.850.690.680.81-0.07-0.790.630.270.860.270.950.910.820.440.750.96-0.410.610.30.610.040.34-0.01-0.02-0.62
0.830.40.710.85-0.68-0.630.430.820.710.820.530.760.690.340.920.51-0.180.610.570.49-0.270.580.130.46-0.41
0.330.640.080.34-0.18-0.350.740.290.270.290.320.290.280.590.390.240.30.30.570.24-0.380.610.390.11-0.06
0.760.580.590.650.01-0.260.440.260.820.260.710.730.380.440.60.72-0.150.610.490.240.350.290.10.34-0.11
-0.070.13-0.14-0.10.520.35-0.07-0.360.02-0.360.18-0.09-0.310.15-0.180.160.040.04-0.27-0.380.35-0.450.12-0.250.29
0.470.440.350.5-0.34-0.280.550.420.410.420.350.430.30.30.50.35-0.10.340.580.610.29-0.450.140.2-0.14
-0.10.49-0.47-0.170.360.220.47-0.28-0.05-0.280.06-0.15-0.310.83-0.170.050.8-0.010.130.390.10.120.14-0.210.59
0.46-0.190.570.32-0.68-0.17-0.150.670.430.67-0.080.320.28-0.220.46-0.09-0.19-0.020.460.110.34-0.250.2-0.21-0.21
-0.56-0.1-0.68-0.660.460.85-0.13-0.49-0.49-0.49-0.41-0.65-0.850.24-0.59-0.420.61-0.62-0.41-0.06-0.110.29-0.140.59-0.21
Click cells to compare fundamentals

VerifyMe Account Relationship Matchups

VerifyMe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets943.2K8.8M21.7M20.8M20.7M21.7M
Total Current Liabilities1.0M383K450K5.4M5.1M5.4M
Total Stockholder Equity(67.7K)8.3M21.2M13.6M12.5M13.2M
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
Cash252.8K7.9M9.4M3.4M3.1M1.6M
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 Stock111.5K6K7K10K9K8.6K
Other Current Assets31.8K354K392K333K254K266.7K
Inventory30.2K54K52K81K38K44.3K
Other Current Liab69.0K171.5K109K787K1.2M617.1K
Non Current Liabilities Total720.3K72K71K1.7M3.0M1.6M
Non Currrent Assets Other177.0K(573K)11.7M133K174K165.3K
Net Invested Capital230.3K8.4M21.2M15.5M17.8M10.3M
Capital Stock111.5K6K7K10K9K8.6K
Net Working Capital(563.5K)7.8M9.6M4.0M4.6M4.9M

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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.