VFRM (Veritas Farms) Other Long Term Assets: $0.10 Mil (As of Sep. 2023)

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VFRM Veritas Farms Inc VFRM
12 GF Score
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What is Veritas Farms Other Long Term Assets?

Veritas Farms VFRM 12 Other Long Term Assets is $0.10 Mil as of Sep. 2023. GuruFocus rates VFRM with a GF Score™ of 12/100.

Veritas Farms's other long-term assets for the quarter that ended in Sep. 2023 was $0.10 Mil.

Veritas Farms's quarterly other long-term assets declined from Mar. 2023 ($0.14 Mil) to Jun. 2023 ($0.11 Mil) but then stayed the same from Jun. 2023 ($0.11 Mil) to Sep. 2023 ($0.10 Mil).

Veritas Farms's annual other long-term assets declined from Dec. 2020 ($0.27 Mil) to Dec. 2021 ($0.23 Mil) and declined from Dec. 2021 ($0.23 Mil) to Dec. 2022 ($0.14 Mil).

Veritas Farms Other Long Term Assets Historical Data

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The historical data trend for Veritas Farms's Other Long Term Assets 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 Other Long Term Assets Chart

Veritas Farms Annual Data
Trend Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Long Term Assets
Get a 7-Day Free Trial 0.05 0.29 0.27 0.23 0.14

Veritas Farms Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Other Long Term Assets 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 0.06 0.14 0.14 0.11 0.10
VFRM
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Veritas Farms Inc VFRM
Other Long Term Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Veritas Farms Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Frequently Asked Questions Learn more about Other Long Term Assets →
What does a Other Long Term Assets of $0.10 Mil mean?
Veritas Farms (VFRM) has a Other Long Term Assets of $0.10 Mil as of Sep. 2023. Other long-term assets as record on a company's balance sheet not categorized as standard assets. View historical data on Veritas Farms and its competitors.
Is Veritas Farms' Other Long Term Assets too high?
Veritas Farms' current Other Long Term Assets is $0.10 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' Other Long Term Assets compare to STMH and NXEN?
Veritas Farms' Other Long Term Assets of $0.10 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 Other Long Term Assets for a Drug Manufacturers company?
A good Other Long Term Assets depends on the Drug Manufacturers industry context. However, Other Long Term Assets 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 Other Long Term Assets mean?
A high Other Long Term Assets can signal that a stock is expensive relative to its fundamentals. Other long-term assets as record on a company's balance sheet not categorized as standard assets. View historical data on Veritas Farms and its competitors. Veritas Farms's current Other Long Term Assets is $0.10 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 Other Long Term Assets of $0.10 Mil. The current Other Long Term Assets is $0.10 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 Other Long Term Assets calculated?
Other Long Term Assets is calculated from a company's financial statements. For Veritas Farms (VFRM), the current Other Long Term Assets is $0.10 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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Other Long Term Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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