VerifyMe Balance Sheet Health
Financial Health criteria checks 6/6
VerifyMe has a total shareholder equity of $10.3M and total debt of $2.1M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are $14.8M and $4.5M respectively.
Key information
20.4%
Debt to equity ratio
US$2.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.61m |
| Equity | US$10.28m |
| Total liabilities | US$4.55m |
| Total assets | US$14.83m |
Recent financial health updates
Is VerifyMe (NASDAQ:VRME) A Risky Investment?
Aug 27
Is VerifyMe (NASDAQ:VRME) Using Debt In A Risky Way?
May 29Health Check: How Prudently Does VerifyMe (NASDAQ:VRME) Use Debt?
Feb 17Does VerifyMe (NASDAQ:VRME) Have A Healthy Balance Sheet?
Jul 31Rock star Growth Puts VerifyMe (NASDAQ:VRME) In A Position To Use Debt
Mar 21Here's Why VerifyMe (NASDAQ:VRME) Can Manage Its Debt Despite Losing Money
Aug 19Recent updates
VerifyMe, Inc.'s (NASDAQ:VRME) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Sep 04Is VerifyMe (NASDAQ:VRME) A Risky Investment?
Aug 27Market Cool On VerifyMe, Inc.'s (NASDAQ:VRME) Revenues Pushing Shares 25% Lower
Jun 22Is VerifyMe (NASDAQ:VRME) Using Debt In A Risky Way?
May 29A Piece Of The Puzzle Missing From VerifyMe, Inc.'s (NASDAQ:VRME) 25% Share Price Climb
Apr 02US$2.85: That's What Analysts Think VerifyMe, Inc. (NASDAQ:VRME) Is Worth After Its Latest Results
Mar 24Health Check: How Prudently Does VerifyMe (NASDAQ:VRME) Use Debt?
Feb 17VerifyMe, Inc.'s (NASDAQ:VRME) Subdued P/S Might Signal An Opportunity
Nov 13Does VerifyMe (NASDAQ:VRME) Have A Healthy Balance Sheet?
Jul 31Rock star Growth Puts VerifyMe (NASDAQ:VRME) In A Position To Use Debt
Mar 21VerifyMe enters into contract with international luxury apparel company
Oct 06VerifyMe subsidiary enters into a $2M term loan agreement and a $1M line of credit
Sep 27VerifyMe extends services deal with client by two years
Aug 31Here's Why VerifyMe (NASDAQ:VRME) Can Manage Its Debt Despite Losing Money
Aug 19VerifyMe soars 35% after liquidation of G3 VRM SPAC, launch of new buyback plan
Jul 01Venture Capital Pick: VerifyMe Primed For High Growth
Apr 25VerifyMe: Set For Triple-Digit Revenue Growth
Dec 06VerifyMe's (NASDAQ:VRME) Robust Earnings Are Not All Good News For Shareholders
Nov 17VerifyMe (NASDAQ:VRME) Is In A Strong Position To Grow Its Business
Aug 17Analysts Expect Breakeven For VerifyMe, Inc. (NASDAQ:VRME) Before Long
Apr 14When Will VerifyMe, Inc. (NASDAQ:VRME) Turn A Profit?
Dec 30Financial Position Analysis
Short Term Liabilities: VRME's short term assets ($4.8M) exceed its short term liabilities ($2.8M).
Long Term Liabilities: VRME's short term assets ($4.8M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: VRME has more cash than its total debt.
Reducing Debt: VRME's debt to equity ratio has reduced from 53.6% to 20.4% 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: Whilst unprofitable VRME has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VRME is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.1% per year.