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VerifyMe (VerifyMe) Equity-to-Asset : 0.69 (As of Mar. 2024)


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What is VerifyMe Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. VerifyMe's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $12.39 Mil. VerifyMe's Total Assets for the quarter that ended in Mar. 2024 was $17.89 Mil. Therefore, VerifyMe's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.69.

The historical rank and industry rank for VerifyMe's Equity-to-Asset or its related term are showing as below:

VRME' s Equity-to-Asset Range Over the Past 10 Years
Min: -22.18   Med: 0.63   Max: 0.98
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of VerifyMe was 0.98. The lowest was -22.18. And the median was 0.63.

VRME's Equity-to-Asset is ranked better than
73.09% of 1089 companies
in the Business Services industry
Industry Median: 0.5 vs VRME: 0.69

VerifyMe Equity-to-Asset Historical Data

The historical data trend for VerifyMe's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VerifyMe Equity-to-Asset Chart

VerifyMe Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 0.95 0.98 0.66 0.61

VerifyMe Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.67 0.63 0.61 0.69

Competitive Comparison of VerifyMe's Equity-to-Asset

For the Security & Protection Services subindustry, VerifyMe's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VerifyMe's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, VerifyMe's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where VerifyMe's Equity-to-Asset falls into.



VerifyMe Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

VerifyMe's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=12.531/20.705
=0.61

VerifyMe's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=12.391/17.893
=0.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


VerifyMe  (NAS:VRME) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


VerifyMe Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of VerifyMe's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


VerifyMe (VerifyMe) Business Description

Traded in Other Exchanges
Address
801 International Parkway, Fifth Floor, Lake Mary, FL, USA, 32746
VerifyMe Inc is a technology solutions company based in the United States. It markets a broad patent portfolio that includes patents in the field of authenticating products, people, and financial transactions. In the areas of authentication and serialization of physical goods, the company offers clients the following products as anti-counterfeit systems: RainbowSecure, VeriPAS supply chain serialization, track, and trace technology; VeriPAS Smartphone Authenticator; VerifyMe Beeper; VerifyMe Web. The company serves a diverse set of markets including pharmaceutical companies, high-end retailers, the gaming industry, and governments worldwide.
Executives
Adam H Stedham director GP STRATEGIES CORPORATION, 11000 BROKEN LAND PARKWAY, SUITE 200, COLUMBIA MD 21044
Marshall S Geller director 10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Scott N Greenberg director 9 WEST 57 STREET, SUITE 4170, NEW YORK NY 10019
Paul Joseph Ryan officer: EVP, Authentication C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
David Bruce Edmonds director C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
Howard Goldberg director
Curt Harris Kole officer: EVP-Sales, PeriShip Global LLC C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Jack Wang officer: CIO, PeriShip Global LLC C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Fred Iii Volk officer: VP-Ops, PeriShip Global LLC C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Nancy L. Meyers officer: Senior VP, Finance & IR C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Margaret Gezerlis officer: Chief Financial Officer C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Keith Goldstein officer: Acting Chief Operating Officer C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Christopher P Gardner director C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Sandy Fliderman officer: Chief Technology Officer 3330 NORTHEAST 190TH STREET, APT 1815, AVENTURA FL 33180