Veritone Stock Current Ratio
| VERI Stock | USD 2.66 0.10 3.62% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Veritone's long-term financial health and intrinsic value.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Veritone Company Current Ratio Analysis
Veritone's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Veritone Current Ratio | 1.78 X |
Most of Veritone's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Veritone is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Veritone has a Current Ratio of 1.78 times. This is 37.1% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current ratio for all United States stocks is 17.59% higher than that of the company.
Veritone Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Veritone's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Veritone could also be used in its relative valuation, which is a method of valuing Veritone by comparing valuation metrics of similar companies.Veritone is currently under evaluation in current ratio category among its peers.
Veritone Fundamentals
| Return On Equity | -6.08 | ||||
| Return On Asset | -0.21 | ||||
| Profit Margin | (0.40) % | ||||
| Operating Margin | (0.80) % | ||||
| Current Valuation | 251.1 M | ||||
| Shares Outstanding | 55.27 M | ||||
| Shares Owned By Insiders | 19.40 % | ||||
| Shares Owned By Institutions | 20.37 % | ||||
| Number Of Shares Shorted | 5.71 M | ||||
| Price To Earning | (3.01) X | ||||
| Price To Book | 120.71 X | ||||
| Price To Sales | 1.62 X | ||||
| Revenue | 92.64 M | ||||
| Gross Profit | 61.62 M | ||||
| EBITDA | (58.78 M) | ||||
| Net Income | (96.33 M) | ||||
| Cash And Equivalents | 220.46 M | ||||
| Cash Per Share | 6.10 X | ||||
| Total Debt | 119.9 M | ||||
| Debt To Equity | 2.85 % | ||||
| Current Ratio | 1.78 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (24.72 M) | ||||
| Short Ratio | 1.68 X | ||||
| Earnings Per Share | (2.16) X | ||||
| Price To Earnings To Growth | (0.07) X | ||||
| Target Price | 5.25 | ||||
| Number Of Employees | 469 | ||||
| Beta | 3.06 | ||||
| Market Capitalization | 147.02 M | ||||
| Total Asset | 198.06 M | ||||
| Retained Earnings | (467.28 M) | ||||
| Working Capital | (1.55 M) | ||||
| Current Asset | 68.59 M | ||||
| Current Liabilities | 45.89 M | ||||
| Net Asset | 198.06 M |
About Veritone Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Veritone's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Veritone using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Veritone based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Veritone Piotroski F Score and Veritone Altman Z Score analysis. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Application Software 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 Veritone. If investors know Veritone 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 Veritone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone'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 Veritone's market value can be influenced by many factors that don't directly affect Veritone'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 Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone'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.