Veritec Inc

PINK:VRTC USA Software - Application
Market Cap
$399.38K
Market Cap Rank
#46343 Global
#14452 in USA
Share Price
$0.01
Change (1 day)
+0.00%
52-Week Range
$0.01 - $0.01
All Time High
$0.19
About

Veritec, Inc., together with its subsidiaries, engages in the development, sale, and licensing of products and providing services related to its mobile banking solutions in the United States. The company offers Mobile Toggle Card-Visa prepaid card program, a debit based, pre-paid, and gift card solution to debit card issuers and sponsoring organizations; and blinx ON-OFF debit card-Visa prepaid c… Read more

Veritec Inc - Asset Resilience Ratio

Latest as of December 2004: 5.86%

Veritec Inc (VRTC) has an Asset Resilience Ratio of 5.86% as of December 2004. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$91.39K
Cash + Short-term Investments
Total Assets
$1.56 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2004–2004)

This chart shows how Veritec Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Veritec Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $91.39K 5.86%
Total Liquid Assets $91.39K 5.86%

Asset Resilience Insights

  • Limited Liquidity: Veritec Inc maintains only 5.86% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Veritec Inc Industry Peers by Asset Resilience Ratio

Compare Veritec Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
IQuest Co. Ltd.
KQ:262840
Software - Application 2.17%
Fujian Newland Computer Co Ltd
SHE:000997
Software - Application 5.03%
YGSOFT Inc
SHE:002063
Software - Application 2.96%
Dhc Software Co Ltd
SHE:002065
Software - Application -0.80%
Zhejiang Netsun Co Ltd
SHE:002095
Software - Application -0.27%
Montnets Cloud Technology Group Co Ltd
SHE:002123
Software - Application 0.01%
Beijing Shiji Information Technology Co Ltd
SHE:002153
Software - Application 0.12%
Shanghai 2345 Network Holding Group
SHE:002195
Software - Application 55.85%

Annual Asset Resilience Ratio for Veritec Inc (2004–2004)

The table below shows the annual Asset Resilience Ratio data for Veritec Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2004-06-30 7.09% $120.26K $1.70 Million --
pp = percentage points