Veritec Balance Sheet - Annual (OTCBB:VRTC)

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$0.04 $0 (0%) VRTC stock closing price Jul 20, 2018 (Closing)

A thorough fundamental analysis involves using data from Veritec balance sheet, apart from other financial statements, to value the business. Financial strength can be guaged by performing Veritec stock analysis and by analyzing the balance sheet. Annual results are typically accompanied with the company releasing financial statements. Veritec balance sheet indicates an asset turnover ratio of 5.09 and debt to equity ratio of -. Also check Veritec revenue and Veritec operating cash flow for the same period.

View latest 10 year balance sheet data to check Veritec financial performance.
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Fiscal year is Jul - Jun2017201620152014201320122011201020092008
Marketable Securities----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Deposits & Other Assets----------
Total Assets
Notes Payable2.86M2.03M3.56M3.14M3.31M3.11M2.24M1.94M--
Accounts Payable----------
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----1.09M-----
Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt----------
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus17.97M17.93M14.95M14.59M14.59M14.41M14.28M14.28M13.94M13.67M
Retained Earnings-22.95M-21.58M-20.28M-19.37M-19.67M-18.85M-18.01M-17.01M-15.29M-13.64M
Treasury Stock----------
Other Liabilities----------
Shareholders Equity-4.56M-3.23M-5.1M-4.58M-4.91M-4.28M-3.56M-2.57M-1.19M-
Total Liabilities & Shareholders Equity----------
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Veritec stock price, and Veritec historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Veritec PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Veritec company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Veritec had total assets of $-.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Veritec is $4.64M. Shareholders' equity comes under liabilities as it is money the company owes the holders of VRTC stock.

Veritec Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover