Veridetx Corp

PINK:WBSI USA Software & IT Services
Market Cap
$667.49K
Market Cap Rank
#46946 Global
#14572 in USA
Share Price
$0.28
Change (1 day)
+5.19%
52-Week Range
$0.25 - $0.32
All Time High
$6.40
About

WebSafety Inc., a software company, develops mobile apps for Android and iOS mobile operating systems. The company's WebSafety app allows parents to monitor their children's mobile device activities that include downloaded apps, websites visited, social media, GPS tracking, and curfew blocking. It also offers DriveSafety app, which disables mobile device from texting and performing other related … Read more

Veridetx Corp (WBSI) - Total Assets

Latest total assets as of September 2014: $20.18K USD

Based on the latest financial reports, Veridetx Corp (WBSI) holds total assets worth $20.18K USD as of September 2014.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Veridetx Corp - Total Assets Trend (2010–2013)

This chart illustrates how Veridetx Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Veridetx Corp - Asset Composition Analysis

Current Asset Composition (December 2013)

Veridetx Corp's total assets of $20.18K consist of 21.7% current assets and 78.3% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 21.7%
Accounts Receivable $0.00 0.0%
Inventory $0.00 0.0%
Property, Plant & Equipment $3.13K 78.3%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2010–2013)

This chart illustrates how Veridetx Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Veridetx Corp's current assets represent 21.7% of total assets in 2013, an increase from 16.5% in 2010.
  • Cash Position: Cash and equivalents constituted 21.7% of total assets in 2013, up from 16.4% in 2010.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
  • Asset Diversification: The largest asset category is property, plant & equipment at 78.3% of total assets.

Veridetx Corp Competitors by Total Assets

Key competitors of Veridetx Corp based on total assets are shown below.

Company Country Total Assets
NEOWIZ
KQ:095660
Korea ₩664.58 Billion
Draw Distance SA
WAR:DDI
Poland zł11.14 Million
Daishin Information & Communications Co.Ltd
KQ:020180
Korea ₩155.15 Billion
PLAYWITH Inc
KQ:023770
Korea ₩34.18 Billion
Dragonfly GF Co. Ltd
KQ:030350
Korea ₩23.28 Billion
UBcare. Co. Ltd
KQ:032620
Korea ₩230.43 Billion
Softcen Co. Ltd
KQ:032680
Korea ₩92.81 Billion
InfoBank Corporation
KQ:039290
Korea ₩98.96 Billion

Veridetx Corp - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.00 - 1.94

Lower asset utilization - Veridetx Corp generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -22665.59% - -3409.93%

Negative ROA - Veridetx Corp is currently not profitable relative to its asset base.

Veridetx Corp - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.01 0.00 0.00
Quick Ratio 0.01 0.00 0.00
Cash Ratio 0.00 0.00 0.00
Working Capital $-1.51 Million $ -1.04 Million $ -1.04 Million

Veridetx Corp - Advanced Valuation Insights

This section examines the relationship between Veridetx Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio -
Latest Market Cap to Assets Ratio 0.64
Asset Growth Rate (YoY) -87.4%
Total Assets $4.00K
Market Capitalization $2.56K USD

Valuation Analysis

Below Book Valuation: The market values Veridetx Corp's assets below their book value (0.64 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Veridetx Corp's assets decreased by 87.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Veridetx Corp (2010–2013)

The table below shows the annual total assets of Veridetx Corp from 2010 to 2013.

Year Total Assets Change
2013-12-31 $4.00K -87.36%
2012-12-31 $31.69K -42.26%
2011-12-31 $54.88K -65.62%
2010-12-31 $159.64K --