VRME (VerifyMe) Debt-to-Equity : 0.24 (As of Sep. 2024)

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What is VerifyMe Debt-to-Equity?

VerifyMe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.67 Mil. VerifyMe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1.78 Mil. VerifyMe's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $10.28 Mil. VerifyMe's debt to equity for the quarter that ended in Sep. 2024 was 0.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for VerifyMe's Debt-to-Equity or its related term are showing as below:

VRME' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.45 Med: 0.01 Max: 1.56
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of VerifyMe was 1.56. The lowest was -4.45. And the median was 0.01.

VRME's Debt-to-Equity is ranked better than
60.28% of 914 companies
in the Business Services industry
Industry Median: 0.38 vs VRME: 0.24

VerifyMe Debt-to-Equity Historical Data

The historical data trend for VerifyMe's Debt-to-Equity 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.

* Premium members only.

VerifyMe Debt-to-Equity Chart

VerifyMe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-4.45

0.01

0.17

0.24

VerifyMe Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.21	0.24	0.22	0.21	0.24

Competitive Comparison of VerifyMe's Debt-to-Equity

For the Security & Protection Services subindustry, VerifyMe's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

VerifyMe's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, VerifyMe's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where VerifyMe's Debt-to-Equity falls into.

VerifyMe Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VerifyMe's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.67	+	2.282)	/	12.531
	=	0.24

VerifyMe's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.666	+	1.784)	/	10.28
	=	0.24

VerifyMe (NAS:VRME) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

VerifyMe Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of VerifyMe's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

VerifyMe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » VerifyMe Inc (NAS:VRME) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

801 International Parkway, Fifth Floor, Lake Mary, FL, USA, 32746

Website

https://www.verifyme.com

VerifyMe Inc together with its subsidiaries, is a traceability and customer support services provider using specialized software and process technology. The company operates a Precision Logistics Segment and an Authentication Segment to provide specialized logistics for time-and-temperature sensitive products, as well as item-level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. It Generates the majority of its revenue from the Precision Logistics Segment. Through its Precision Logistics segment, it provides a value-added service for sensitive parcel management driven by a proprietary software platform that provides predictive analytics from key metrics such as pre-shipment weather analysis, flight-tracking, and Others.

Executives

Adam H Stedham	director	GP STRATEGIES CORPORATION, 11000 BROKEN LAND PARKWAY, SUITE 200, COLUMBIA MD 21044
Arthur B Laffer	director	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Marshall S Geller	director	10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Scott N Greenberg	director	9 WEST 57 STREET, SUITE 4170, NEW YORK NY 10019
Paul Joseph Ryan	officer: EVP, Authentication	C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
David Bruce Edmonds	director	C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
Howard Goldberg	director
Fred Iii Volk	officer: VP-Ops, PeriShip Global LLC	C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Jack Wang	officer: CIO, PeriShip Global LLC	C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Curt Harris Kole	officer: EVP-Sales, PeriShip Global LLC	C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Nancy L. Meyers	officer: Senior VP, Finance & IR	C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Margaret Gezerlis	officer: Chief Financial Officer	C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Keith Goldstein	officer: Acting Chief Operating Officer	C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Sandy Fliderman	officer: Chief Technology Officer	3330 NORTHEAST 190TH STREET, APT 1815, AVENTURA FL 33180
Christopher P Gardner	director	C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604