| VRMEW Stock | | | USD 0.04 0.00 0.00% |
VerifyMe financial indicator trend analysis is much more than just breaking down VerifyMe prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VerifyMe is a good investment. Please check the relationship between VerifyMe Accounts Payable and its Short Long Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Accounts Payable vs Short Long Term Debt
Accounts Payable vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VerifyMe Accounts Payable account and
Short Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between VerifyMe's Accounts Payable and Short Long Term Debt is 0.38. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of VerifyMe, assuming nothing else is changed. The correlation between historical values of VerifyMe's Accounts Payable and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of VerifyMe are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Accounts Payable i.e., VerifyMe's Accounts Payable and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.38 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents VerifyMe obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of VerifyMe are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from VerifyMe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VerifyMe 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Selling General Administrative is likely to climb to about 10.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 76
K in 2024.
VerifyMe fundamental ratios Correlations
Click cells to compare fundamentals
VerifyMe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VerifyMe fundamental ratios Accounts
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Additional Tools for VerifyMe Stock Analysis
When running VerifyMe's price analysis, check to
measure VerifyMe'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 VerifyMe is operating at the current time. Most of VerifyMe's value examination focuses on studying past and present price action to
predict the probability of VerifyMe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VerifyMe's price. Additionally, you may evaluate how the addition of VerifyMe to your portfolios can decrease your overall portfolio volatility.