VerifyMe Non Current Assets Total vs Other Stockholder Equity 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 Non Current Assets Total and its Other Stockholder Equity 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.

Non Current Assets Total vs Other Stockholder Equity

Non Current Assets Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VerifyMe Non Current Assets Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between VerifyMe's Non Current Assets Total and Other Stockholder Equity is 0.78. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of VerifyMe, assuming nothing else is changed. The correlation between historical values of VerifyMe's Non Current Assets Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of VerifyMe are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., VerifyMe's Non Current Assets Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Other Stockholder Equity

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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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.