Veritec Balance Sheet - Annual (OTCMKTS:VRTC)

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$0.08 $0 (0%) VRTC stock closing price Aug 17, 2017 (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. A company releases its balance sheet every quarter along with its quarterly results. Whereas, Veritec revenue was $0.68M and Veritec operating cash flow was $-0.81M for the same period. View latest and last 10 year balance sheet data to check Veritec financial performance..

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Annual
Quarterly
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Fiscal year is Jul - Jun.201620152014201320122011201020092008
Cash0.06M0.05M0.02M0.07M0.56M0.01M0.03M0.05M0.33M
Marketable Securities---------
Receivables0.01M0.03M0.07M0.28M0.01M0.02M0.07M0.02M0.03M
Inventory-0.01M0.01M--0.01M-0.01M0.03M
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets-0.01M0.01M0.03M-0.02M0.03M0.03M-
Veritec Total Current Assets
0.07M0.12M0.12M0.4M0.58M0.07M0.14M0.11M0.4M
Property Plant & Equipment0.23M0.23M0.23M0.23M0.23M0.23M0.23M0.23M-
Accumulated Depreciation0.23M0.23M0.23M0.23M0.23M0.21M0.19M0.13M-
Veritec Net Property Plant & Equipment
-----0.01M0.04M0.09M0.08M
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges---------
Intangibles0.08M0.14M-------
Deposits & Other Assets-0.06M0.05M0.49M---0.04M0.04M
Veritec Total Assets
0.15M0.33M0.17M0.9M0.58M0.09M0.19M0.25M0.52M
Notes Payable2.03M3.56M3.14M3.31M3.11M2.24M1.94M0.02M-
Accounts Payable0.72M0.72M0.61M0.57M0.62M0.78M0.51M0.18M0.12M
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses0.31M0.47M0.64M0.82M0.64M0.55M0.3M0.35M0.21M
Income Taxes Payable---------
Other Current Liabilities0.16M0.51M0.35M1.09M0.46M0.07M---
Veritec Total Current Liabilities
3.23M5.28M4.75M5.81M4.86M3.65M2.76M0.56M0.34M
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt---------
Non-Current Capital Leases---------
Other Long-Term Liabilities0.15M0.15M-----0.88M-
Veritec Total Liabilities
3.38M5.43M4.75M5.81M4.86M3.65M2.76M1.44M0.34M
Minority Interest---------
Preferred Stock---------
Common Stock Net0.4M0.21M0.19M0.16M0.15M0.15M0.15M0.16M0.15M
Capital Surplus17.93M14.95M14.59M14.59M14.41M14.28M14.28M13.94M13.67M
Retained Earnings-21.58M-20.28M-19.37M-19.67M-18.85M-18.01M-17.01M-15.29M-13.64M
Treasury Stock---------
Other Liabilities---------
Veritec Shareholders Equity
-3.23M-5.1M-4.58M-4.91M-4.28M-3.56M-2.57M-1.19M0.18M
Veritec Total Liabilities & Shareholders Equity
0.15M0.33M0.17M0.9M0.58M0.09M0.19M0.25M0.52M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest Veritec stock price, and Veritec historical stock prices show the stock price movement over time, and the Veritec PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
  • 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 $0.15M.
  • Liabilities: The total liabilities of Veritec for 2016 total to $3.38M. Liabilities for a company like Veritec include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
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Veritec Balance Sheet - Key Ratios

Current ratio
0.02
Asset Turnover
ratio
1.7
receivables turnover
ratio
57
PB ratio (
price to book ratio
)
-0.9200