VFRM (Veritas Farms) Short-Term Debt: $0.30 Mil (As of Sep. 2023)

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VFRM Veritas Farms Inc VFRM
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What is Veritas Farms Short-Term Debt?

Veritas Farms VFRM 12 Short-Term Debt is $0.30 Mil as of Sep. 2023. GuruFocus rates VFRM with a GF Score™ of 12/100.

Veritas Farms's Short-Term Debt for the quarter that ended in Sep. 2023 was $0.30 Mil.

Veritas Farms's quarterly Short-Term Debt declined from Mar. 2023 ($0.20 Mil) to Jun. 2023 ($0.20 Mil) but then increased from Jun. 2023 ($0.20 Mil) to Sep. 2023 ($0.30 Mil).

Veritas Farms's annual Short-Term Debt declined from Dec. 2020 ($1.05 Mil) to Dec. 2021 ($0.26 Mil) and declined from Dec. 2021 ($0.26 Mil) to Dec. 2022 ($0.20 Mil).


Veritas Farms Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.


Veritas Farms Short-Term Debt Related Terms


Veritas Farms Short-Term Debt Historical Data

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The historical data trend for Veritas Farms's Short-Term Debt 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 Short-Term Debt Chart

Veritas Farms Annual Data
Trend Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22
Short-Term Debt
Get a 7-Day Free Trial 0.31 0.07 1.05 0.26 0.20

Veritas Farms Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Short-Term Debt 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 0.22 0.20 0.20 0.20 0.30
VFRM
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Veritas Farms Inc VFRM
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Frequently Asked Questions Learn more about Short-Term Debt →
What does a Short-Term Debt of $0.30 Mil mean?
Veritas Farms (VFRM) has a Short-Term Debt of $0.30 Mil as of Sep. 2023.
Is Veritas Farms' Short-Term Debt too high?
Veritas Farms' current Short-Term Debt is $0.30 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' Short-Term Debt compare to STMH and NXEN?
Veritas Farms' Short-Term Debt of $0.30 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 Short-Term Debt for a Drug Manufacturers company?
A good Short-Term Debt depends on the Drug Manufacturers industry context. However, Short-Term Debt 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 Short-Term Debt mean?
A high Short-Term Debt can signal that a stock is expensive relative to its fundamentals. Veritas Farms's current Short-Term Debt is $0.30 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 Short-Term Debt of $0.30 Mil. The current Short-Term Debt is $0.30 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 Short-Term Debt calculated?
Short-Term Debt is calculated from a company's financial statements. For Veritas Farms (VFRM), the current Short-Term Debt is $0.30 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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Short-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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