VRTC (Veritec) Other Long-Term Liabilities: $0.16 Mil (As of Sep. 2024)

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What is Veritec Other Long-Term Liabilities?

Veritec VRTC Other Long-Term Liabilities is $0.16 Mil as of Sep. 2024.

Veritec's other long-term liabilities for the quarter that ended in Sep. 2024 was $0.16 Mil.

Veritec's quarterly other long-term liabilities increased from Mar. 2024 ($0.15 Mil) to Jun. 2024 ($0.16 Mil) but then stayed the same from Jun. 2024 ($0.16 Mil) to Sep. 2024 ($0.16 Mil).

Veritec's annual other long-term liabilities increased from Jun. 2022 ($0.15 Mil) to Jun. 2023 ($0.16 Mil) but then declined from Jun. 2023 ($0.16 Mil) to Jun. 2024 ($0.16 Mil).

Veritec Other Long-Term Liabilities Related Terms

Veritec Other Long-Term Liabilities Historical Data

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The historical data trend for Veritec's Other Long-Term Liabilities 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.

Veritec Other Long-Term Liabilities Chart

Veritec Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Other Long-Term Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.16 0.15 0.16 0.16

Veritec Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Other Long-Term Liabilities 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 0.15 0.15 0.16 0.16

Veritec Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

What does a Other Long-Term Liabilities of $0.16 Mil mean?
Veritec (VRTC) has a Other Long-Term Liabilities of $0.16 Mil as of Sep. 2024. Other long-term liabilities as record on a company's balance sheet not categorized as standard liabilities. View historical data on Veritec and its competitors.
Is Veritec's Other Long-Term Liabilities too high?
Veritec's current Other Long-Term Liabilities is $0.16 Mil.
How does Veritec's Other Long-Term Liabilities compare to WDDD and RBTC?
Veritec's Other Long-Term Liabilities of $0.16 Mil can be compared against companies in the Software 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 Liabilities for a Software company?
A good Other Long-Term Liabilities depends on the Software industry context. However, Other Long-Term Liabilities 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 Liabilities mean?
A high Other Long-Term Liabilities can signal that a stock is expensive relative to its fundamentals. Other long-term liabilities as record on a company's balance sheet not categorized as standard liabilities. View historical data on Veritec and its competitors. Veritec's current Other Long-Term Liabilities is $0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veritec stock overvalued right now?
Veritec (VRTC) has a current Other Long-Term Liabilities of $0.16 Mil. The current Other Long-Term Liabilities is $0.16 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Long-Term Liabilities calculated?
Other Long-Term Liabilities is calculated from a company's financial statements. For Veritec (VRTC), the current Other Long-Term Liabilities is $0.16 Mil as of Sep. 2024. 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.

Veritec Business Description

Address 2445 Winnetka Avenue North, Golden Valley, MN, USA, 55427
Veritec Inc is engaged in the development, marketing, sales, and licensing of products and rendering of professional services. The company renders professional services related to mobile banking technology. Its mobile banking technology is used to offer Prepaid Card Programs to sponsor banks and approved applicants/cardholders. The products and services offered by the company include MTC Debit Card Visa Prepaid Card Programs, blinx ON-OFF Debit Card Visa Prepaid Card Programs, Custom Branded Debit Card Programs, and blinxPay Mobile Wallet App. Geographically, it derives revenue from the United States.