Vericity Stock Current Ratio
| VERY Stock | USD 11.31 0.07 0.62% |
Vericity fundamentals help investors to digest information that contributes to Vericity's financial success or failures. It also enables traders to predict the movement of Vericity Stock. The fundamental analysis module provides a way to measure Vericity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Vericity stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 46.91 | 59.79 |
Vericity | Current Ratio |
Vericity Company Current Ratio Analysis
Vericity's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Vericity Current Ratio | 8.83 X |
Most of Vericity's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Vericity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Vericity Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Vericity is extremely important. It helps to project a fair market value of Vericity Stock properly, considering its historical fundamentals such as Current Ratio. Since Vericity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Vericity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Vericity's interrelated accounts and indicators.
Click cells to compare fundamentals
Vericity Current Ratio Historical Pattern
Today, most investors in Vericity Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Vericity's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Vericity current ratio as a starting point in their analysis.
Vericity Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Vericity has a Current Ratio of 8.83 times. This is 118.02% higher than that of the Insurance sector and significantly higher than that of the Financials industry. The current ratio for all United States stocks is notably lower than that of the firm.
Vericity Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vericity's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Vericity could also be used in its relative valuation, which is a method of valuing Vericity by comparing valuation metrics of similar companies.Vericity is currently under evaluation in current ratio category among related companies.
Vericity Fundamentals
| Return On Equity | -0.0893 | |||
| Return On Asset | -0.0059 | |||
| Profit Margin | (0.06) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 211.97 M | |||
| Shares Outstanding | 14.88 M | |||
| Shares Owned By Insiders | 8.50 % | |||
| Shares Owned By Institutions | 78.53 % | |||
| Number Of Shares Shorted | 4.71 K | |||
| Price To Book | 1.53 X | |||
| Price To Sales | 0.95 X | |||
| Revenue | 177.56 M | |||
| Gross Profit | 77.68 M | |||
| EBITDA | (2.04 M) | |||
| Net Income | (9.89 M) | |||
| Cash And Equivalents | 21.7 M | |||
| Cash Per Share | 1.46 X | |||
| Total Debt | 9.25 M | |||
| Debt To Equity | 0.26 % | |||
| Current Ratio | 8.83 X | |||
| Book Value Per Share | 7.41 X | |||
| Cash Flow From Operations | 4.83 M | |||
| Short Ratio | 0.89 X | |||
| Earnings Per Share | (0.67) X | |||
| Number Of Employees | 458 | |||
| Beta | 0.1 | |||
| Market Capitalization | 169.28 M | |||
| Total Asset | 822.82 M | |||
| Retained Earnings | 91.58 M | |||
| Net Asset | 822.82 M |
About Vericity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vericity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vericity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vericity based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
| CRM | Salesforce | |
| GOOG | Alphabet Inc Class C |
Check out Vericity Piotroski F Score and Vericity Altman Z Score analysis. For more information on how to buy Vericity Stock please use our How to Invest in Vericity guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Vericity Stock analysis
When running Vericity's price analysis, check to measure Vericity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vericity is operating at the current time. Most of Vericity's value examination focuses on studying past and present price action to predict the probability of Vericity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vericity's price. Additionally, you may evaluate how the addition of Vericity to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Stocks Directory Find actively traded stocks across global markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
Is Vericity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vericity. If investors know Vericity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vericity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 11.937 | Quarterly Revenue Growth 0.061 | Return On Assets (0.01) | Return On Equity (0.09) |
The market value of Vericity is measured differently than its book value, which is the value of Vericity that is recorded on the company's balance sheet. Investors also form their own opinion of Vericity's value that differs from its market value or its book value, called intrinsic value, which is Vericity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vericity's market value can be influenced by many factors that don't directly affect Vericity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vericity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vericity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vericity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.