Veritone Total Current Assets vs Total Stockholder Equity Analysis

VERI Stock  USD 3.23  0.07  2.12%   
Veritone financial indicator trend analysis is much more than just breaking down Veritone prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veritone is a good investment. Please check the relationship between Veritone Total Current Assets and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.

Total Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veritone Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Veritone's Total Current Assets and Total Stockholder Equity is 0.77. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Veritone, assuming nothing else is changed. The correlation between historical values of Veritone's Total Current Assets and Total 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 Total Current Assets of Veritone are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Veritone's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Veritone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veritone 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, which includes a position in Veritone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.As of now, Veritone's Tax Provision is increasing as compared to previous years. The Veritone's current Sales General And Administrative To Revenue is estimated to increase to 1.12, while Selling General Administrative is projected to decrease to under 40.4 M.
 2020 2022 2023 2024 (projected)
Gross Profit42.0M122.3M73.2M41.0M
Total Revenue57.7M149.7M127.6M133.9M

Veritone fundamental ratios Correlations

0.670.980.720.89-0.35-0.870.930.930.990.90.910.930.970.910.890.650.580.61-0.010.820.920.880.890.90.83
0.670.750.50.33-0.33-0.840.530.50.630.750.740.760.570.790.730.890.880.830.340.870.50.740.620.740.43
0.980.750.650.82-0.42-0.890.90.870.970.920.920.930.920.920.890.710.650.670.070.850.850.890.870.910.78
0.720.50.650.520.35-0.770.610.730.680.780.840.550.770.580.870.620.460.46-0.390.510.780.850.420.850.75
0.890.330.820.52-0.43-0.650.890.890.910.670.680.850.910.790.660.340.320.38-0.020.650.880.650.90.670.82
-0.35-0.33-0.420.35-0.430.18-0.44-0.26-0.37-0.14-0.07-0.55-0.26-0.510.0-0.17-0.27-0.33-0.59-0.51-0.19-0.02-0.66-0.04-0.06
-0.87-0.84-0.89-0.77-0.650.18-0.77-0.75-0.87-0.94-0.95-0.88-0.82-0.9-0.95-0.89-0.85-0.84-0.14-0.9-0.76-0.95-0.75-0.95-0.78
0.930.530.90.610.89-0.44-0.770.870.940.830.80.90.910.890.760.610.530.580.050.780.860.760.880.780.74
0.930.50.870.730.89-0.26-0.750.870.90.80.810.840.980.790.790.450.350.39-0.280.650.990.770.820.780.91
0.990.630.970.680.91-0.37-0.870.940.90.890.910.930.950.910.880.660.60.640.040.830.880.880.890.90.84
0.90.750.920.780.67-0.14-0.940.830.80.890.970.830.860.830.960.790.70.71-0.050.790.80.970.690.970.81
0.910.740.920.840.68-0.07-0.950.80.810.910.970.80.870.820.990.80.690.71-0.10.770.810.990.670.990.83
0.930.760.930.550.85-0.55-0.880.90.840.930.830.80.890.980.780.720.720.730.270.940.830.780.970.80.75
0.970.570.920.770.91-0.26-0.820.910.980.950.860.870.890.850.860.550.460.49-0.170.730.980.850.850.860.89
0.910.790.920.580.79-0.51-0.90.890.790.910.830.820.980.850.80.80.80.820.330.970.790.80.940.820.7
0.890.730.890.870.660.0-0.950.760.790.880.960.990.780.860.80.790.690.7-0.110.750.81.00.641.00.83
0.650.890.710.620.34-0.17-0.890.610.450.660.790.80.720.550.80.790.960.940.350.870.470.80.560.810.45
0.580.880.650.460.32-0.27-0.850.530.350.60.70.690.720.460.80.690.960.960.560.90.360.710.580.710.38
0.610.830.670.460.38-0.33-0.840.580.390.640.710.710.730.490.820.70.940.960.520.890.390.720.620.720.43
-0.010.340.07-0.39-0.02-0.59-0.140.05-0.280.04-0.05-0.10.27-0.170.33-0.110.350.560.520.48-0.27-0.070.3-0.06-0.31
0.820.870.850.510.65-0.51-0.90.780.650.830.790.770.940.730.970.750.870.90.890.480.650.770.870.780.58
0.920.50.850.780.88-0.19-0.760.860.990.880.80.810.830.980.790.80.470.360.39-0.270.650.780.810.790.89
0.880.740.890.850.65-0.02-0.950.760.770.880.970.990.780.850.81.00.80.710.72-0.070.770.780.641.00.82
0.890.620.870.420.9-0.66-0.750.880.820.890.690.670.970.850.940.640.560.580.620.30.870.810.640.660.69
0.90.740.910.850.67-0.04-0.950.780.780.90.970.990.80.860.821.00.810.710.72-0.060.780.791.00.660.81
0.830.430.780.750.82-0.06-0.780.740.910.840.810.830.750.890.70.830.450.380.43-0.310.580.890.820.690.81
Click cells to compare fundamentals

Veritone Account Relationship Matchups

Veritone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets108.5M177.7M504.8M424.8M375.8M206.8M
Other Current Liab23.5M66.1M20.0M135.0M119.6M125.6M
Total Current Liabilities59.7M88.2M191.3M192.9M188.8M98.8M
Total Stockholder Equity47.4M88.2M80.6M80.2M38.1M42.4M
Other Liab1.4M1.2M37.8M12.3M14.1M7.4M
Net Tangible Assets24.4M70.6M(41.7M)(46.3M)(41.7M)(39.6M)
Retained Earnings(232.5M)(280.4M)(351.0M)(371.3M)(429.9M)(408.4M)
Accounts Payable17.0M15.6M46.7M36.7M32.8M25.9M
Cash44.1M114.8M254.7M184.4M79.4M87.4M
Net Receivables31.6M35.0M112.2M78.3M88.9M45.5M
Common Stock Shares Outstanding21.8M27.6M33.3M36.0M36.9M22.4M
Other Stockholder Equity279.8M368.5M431.6M451.5M468.0M253.3M
Total Liab61.1M89.4M424.2M344.6M337.7M354.6M
Total Current Assets81.1M156.6M379.1M278.0M182.8M145.8M
Intangible Assets16.1M10.7M88.2M79.7M83.4M87.6M
Common Stock26K32K35K36K38K23.2K
Property Plant Equipment3.2M2.4M1.6M5.3M6.1M6.4M
Property Plant And Equipment Net3.2M2.4M1.6M5.3M10.3M10.8M
Current Deferred Revenue19.2M6.5M10.6M19.0M28.3M29.7M
Net Debt(44.1M)(114.8M)(59.6M)(46.7M)63.6M66.8M
Non Current Assets Total27.4M21.1M125.7M146.7M193.0M202.7M
Cash And Short Term Investments44.1M114.8M254.7M184.4M79.4M101.3M
Common Stock Total Equity26K32K35K36K41.4K23.4K
Liabilities And Stockholders Equity108.5M177.7M504.8M424.8M375.8M226.1M
Non Current Liabilities Total1.4M1.2M232.9M151.6M148.8M156.3M
Capital Surpluse279.8M368.5M431.6M451.2M518.8M265.1M
Other Current Assets15.7M25.1M39.3M15.2M14.5M14.4M
Property Plant And Equipment Gross3.2M2.4M4.4M8.8M16.7M17.5M
Accumulated Other Comprehensive Income1K46K66K(104K)(10K)(10.5K)
Non Currrent Assets Other1.2M1.1M1.8M15.3M(68.0M)(64.6M)
Other Assets1.2M1.1M345.8M13.5M15.6M14.8M
Non Current Liabilities Other1.4M1.2M37.8M13.9M14.3M11.0M
Retained Earnings Total Equity(232.5M)(280.4M)(351.0M)(371.3M)(334.1M)(350.9M)
Net Invested Capital47.4M88.2M195.1M137.8M178.5M120.8M
Net Working Capital21.4M68.3M187.8M85.1M(6.1M)(5.8M)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Veritone in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Veritone's short interest history, or implied volatility extrapolated from Veritone options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Veritone Stock analysis

When running Veritone's price analysis, check to measure Veritone'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 Veritone is operating at the current time. Most of Veritone's value examination focuses on studying past and present price action to predict the probability of Veritone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritone's price. Additionally, you may evaluate how the addition of Veritone to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Is Veritone's industry 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.
Quarterly Earnings Growth
1.52
Earnings Share
(1.63)
Revenue Per Share
3.475
Quarterly Revenue Growth
0.045
Return On Assets
(0.13)
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.