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VERI (Veritone) Scaled Net Operating Assets : 0.33 (As of Sep. 2024)


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What is Veritone Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Veritone's operating assets for the quarter that ended in Sep. 2024 was $325.0 Mil. Veritone's operating liabilities for the quarter that ended in Sep. 2024 was $219.2 Mil. Veritone's Total Assets for the quarter that ended in Jun. 2024 was $321.8 Mil. Therefore, Veritone's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.33.


Veritone Scaled Net Operating Assets Historical Data

The historical data trend for Veritone's Scaled Net Operating 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.

* Premium members only.

Veritone Scaled Net Operating Assets Chart

Veritone Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.03 -0.25 0.15 0.07 0.24

Veritone Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating 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 0.24 0.28 0.18 0.25 0.33

Competitive Comparison of Veritone's Scaled Net Operating Assets

For the Software - Infrastructure subindustry, Veritone's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Veritone's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Veritone's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Veritone's Scaled Net Operating Assets falls into.



Veritone Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Veritone's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(296.375-194.922)/424.752
=0.24

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=375.814 - 79.439
=296.375

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=337.667 - 134.584 - 8.161
=194.922

Veritone's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(325.003-219.192)/321.802
=0.33

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=336.425 - 11.422
=325.003

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=361.586 - 102.896 - 39.498
=219.192

* 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.


Veritone Scaled Net Operating Assets Related Terms

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Veritone Business Description

Industry
Traded in Other Exchanges
Address
1615 Platte Street, 2nd Floor, Denver, CO, USA, 80202
Veritone Inc is a provider of artificial intelligence (AI) computing solutions and services. It generates revenue through the delivery of its Software Products and Services which consists of revenues generated from Commercial Enterprise and Government and Regulated Industries customers using the company's aiWARE platform and hiring solutions, any related support and maintenance services, and any related professional services associated with the deployment and/or implementation of such solutions, Managed Services which consist of revenues generated from Commercial Enterprise customers using company's content licensing services, advertising agency, influencer management and related services. It has a presence in the United States, the United Kingdom, France, Australia, Israel and India.
Executives
Ryan Steelberg director, 10 percent owner, officer: President 3366 VIA LIDO, NEWPORT BEACH CA 92663
Michael Zilis director C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Graziadio G Louis Iii director 149 PALOS VERDES BLVD., SUITE G, REDONDO BEACH CA 90277
Jeff Patrick Gehl director 3366 VIA LIDO, NEWPORT BEACH CA 92663
Richard H Taketa director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Knute P. Kurtz director 1253 SANTA BARABARA DRIVE, NEWPORT BEACH CA 92660
Nayaki R Nayyar director C/O VERITONE, INC., 575 ANTON BOULEVARD, SUITE 100, COSTA MESA CA 92626
Michael Leonard Zemetra officer: EVP, CFO & Treasurer 5264 CALATRANA DRIVE, WOODLAND HILLS CA 91364
Chad Steelberg director, 10 percent owner, officer: CEO and Chairman of the Board 3366 VIA LIDO, NEWPORT BEACH CA 92663
Acacia Research Corp 10 percent owner 767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Paul A Krieger director C/O VERITONE, INC., 575 ANTON BOULEVARD, SUITE 100, COSTA MESA CA 92626
Peter F Collins officer: Senior VP and CFO C/O VERITONE, INC., 575 ANTON BOULEVARD, COSTA MESA CA 92626
Ganley John A Jr officer: EVP, Human Resources 575 ANTON BOULEVARD, COSTA MESA CA 92626
Walsh Frank E. Iii director 330 SOUTH STREET, SUITE 4, MORRISTOWN NJ 07960
Edward Joseph Treska director 520 NEWPORT CENTER DRIVE, 12TH FLOOR, NEWPORT BEACH CA 92660