VFRM (Veritas Farms) Beginning Cash Position: $0.12 Mil (As of Sep. 2023)

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VFRM Veritas Farms Inc VFRM
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What is Veritas Farms Beginning Cash Position?

Veritas Farms VFRM 12 Beginning Cash Position is $0.12 Mil as of Sep. 2023. GuruFocus rates VFRM with a GF Score™ of 12/100.

Veritas Farms's Beginning Cash Position for the quarter that ended in Sep. 2023 was $0.12 Mil.

Veritas Farms's quarterly Beginning Cash Position increased from Mar. 2023 ($0.06 Mil) to Jun. 2023 ($0.36 Mil) but then declined from Jun. 2023 ($0.36 Mil) to Sep. 2023 ($0.12 Mil).

Veritas Farms's annual Beginning Cash Position declined from Dec. 2020 ($1.08 Mil) to Dec. 2021 ($0.11 Mil) but then increased from Dec. 2021 ($0.11 Mil) to Dec. 2022 ($0.48 Mil).

Veritas Farms Beginning Cash Position Related Terms

Veritas Farms Beginning Cash Position Historical Data

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The historical data trend for Veritas Farms's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Veritas Farms Beginning Cash Position Chart

Veritas Farms Annual Data
Trend Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22
Beginning Cash Position
Get a 7-Day Free Trial 0.03 0.16 1.08 0.11 0.48

Veritas Farms Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.13 0.06 0.36 0.12
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Veritas Farms Inc VFRM
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Veritas Farms Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $0.12 Mil mean?
Veritas Farms (VFRM) has a Beginning Cash Position of $0.12 Mil as of Sep. 2023. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Veritas Farms and its competitors.
Is Veritas Farms' Beginning Cash Position too high?
Veritas Farms' current Beginning Cash Position is $0.12 Mil. Overall, Veritas Farms has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Veritas Farms' Beginning Cash Position compare to STMH and NXEN?
Veritas Farms' Beginning Cash Position of $0.12 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Drug Manufacturers company?
A good Beginning Cash Position depends on the Drug Manufacturers industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Veritas Farms and its competitors. Veritas Farms's current Beginning Cash Position is $0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veritas Farms stock overvalued right now?
Veritas Farms (VFRM) has a current Beginning Cash Position of $0.12 Mil. The current Beginning Cash Position is $0.12 Mil. Veritas Farms' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Veritas Farms (VFRM), the current Beginning Cash Position is $0.12 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Veritas Farms Business Description

Address 401 E. Las Olas Boulevard, Suite 1400, Fort Lauderdale, FL, USA, 33001
Veritas Farms Inc is engaged in producing natural rich-hemp products, using strict natural protocols and materials yielding broad spectrum phytocannabinoid rich hemp oils, distillates and isolates. Its products include Full Spectrum CBD Tincture, Full Spectrum CBD Salve, Full Spectrum CBD Capsules, Full Spectrum CBD Lotion and Others.
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