Veritone Balance Sheet Health
Financial Health criteria checks 3/6
Veritone has a total shareholder equity of $14.9M and total debt of $141.9M, which brings its debt-to-equity ratio to 954.4%. Its total assets and total liabilities are $359.6M and $344.8M respectively.
Key information
954.4%
Debt to equity ratio
US$141.87m
Debt
Interest coverage ratio | n/a |
Cash | US$90.73m |
Equity | US$14.87m |
Total liabilities | US$344.78m |
Total assets | US$359.64m |
Recent financial health updates
Is Veritone (NASDAQ:VERI) Using Too Much Debt?
Jun 27Is Veritone (NASDAQ:VERI) A Risky Investment?
Mar 13Veritone (NASDAQ:VERI) Has Debt But No Earnings; Should You Worry?
Oct 19Is Veritone (NASDAQ:VERI) Using Too Much Debt?
Jul 08Recent updates
Veritone: Don't Fall For This AI-Hyped Stock
Apr 05Veritone: Not An AI Stock To Bank On
Mar 25Veritone, Inc. (NASDAQ:VERI) Held Back By Insufficient Growth Even After Shares Climb 37%
Mar 19Lacklustre Performance Is Driving Veritone, Inc.'s (NASDAQ:VERI) 33% Price Drop
Aug 11Is Veritone (NASDAQ:VERI) Using Too Much Debt?
Jun 27Is Veritone (NASDAQ:VERI) A Risky Investment?
Mar 13Is There An Opportunity With Veritone, Inc.'s (NASDAQ:VERI) 43% Undervaluation?
Jan 12Veritone (NASDAQ:VERI) Has Debt But No Earnings; Should You Worry?
Oct 19Kyro Digital and Veritone join hands for new blockchain marketplaces
Oct 19Veritone: The Only Way It's Going Is Down
Sep 14Time To Worry? Analysts Just Downgraded Their Veritone, Inc. (NASDAQ:VERI) Outlook
Aug 11Veritone tumbles after BofA pulls bull rating
Jul 13Is Veritone (NASDAQ:VERI) Using Too Much Debt?
Jul 08Veritone: A First Take
Jun 02Veritone: Well Positioned In Multi-Billion Artificial Intelligence Market
Mar 22Is Veritone (NASDAQ:VERI) Using Too Much Debt?
Mar 18Financial Position Analysis
Short Term Liabilities: VERI's short term assets ($172.4M) do not cover its short term liabilities ($197.7M).
Long Term Liabilities: VERI's short term assets ($172.4M) exceed its long term liabilities ($147.1M).
Debt to Equity History and Analysis
Debt Level: VERI's net debt to equity ratio (344%) is considered high.
Reducing Debt: VERI's debt to equity ratio has increased from 0% to 954.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VERI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VERI has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 6.3% each year.