Verra Other Current Assets from 2010 to 2024

VRRM Stock  USD 23.57  0.04  0.17%   
Verra Mobility Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to drop to about 24.9 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2016-09-30
Previous Quarter
53.7 M
Current Value
42.7 M
Quarterly Volatility
24.2 M
 
Covid
Check Verra Mobility financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Verra Mobility's main balance sheet or income statement drivers, such as Depreciation And Amortization of 101.7 M, Interest Expense of 46.2 M or Selling General Administrative of 105.6 M, as well as many indicators such as Price To Sales Ratio of 4.7, Dividend Yield of 0.42 or PTB Ratio of 9.11. Verra financial statements analysis is a perfect complement when working with Verra Mobility Valuation or Volatility modules.
  
Check out the analysis of Verra Mobility Correlation against competitors.

Latest Verra Mobility's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Verra Mobility Corp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Verra Mobility's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Verra Mobility's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Verra Other Current Assets Regression Statistics

Arithmetic Mean13,925,835
Geometric Mean2,248,792
Coefficient Of Variation138.21
Mean Deviation16,214,093
Median414,606
Standard Deviation19,246,458
Sample Variance370.4T
Range51.6M
R-Value0.79
Mean Square Error151.7T
R-Squared0.62
Significance0.0005
Slope3,388,066
Total Sum of Squares5186T

Verra Other Current Assets History

202424.9 M
202348.1 M
202241.5 M
202151.7 M
202021.4 M
2019689 K
201817.6 M

About Verra Mobility Financial Statements

Verra Mobility investors utilize fundamental indicators, such as Other Current Assets, to predict how Verra Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets48.1 M24.9 M

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When determining whether Verra Mobility Corp is a strong investment it is important to analyze Verra Mobility's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Verra Mobility's future performance. For an informed investment choice regarding Verra Stock, refer to the following important reports:
Check out the analysis of Verra Mobility Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Internet Services & Infrastructure space 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 Verra Mobility. If investors know Verra 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 Verra Mobility listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.167
Earnings Share
0.6
Revenue Per Share
5.237
Quarterly Revenue Growth
0.074
Return On Assets
0.0827
The market value of Verra Mobility Corp is measured differently than its book value, which is the value of Verra that is recorded on the company's balance sheet. Investors also form their own opinion of Verra Mobility's value that differs from its market value or its book value, called intrinsic value, which is Verra Mobility'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 Verra Mobility's market value can be influenced by many factors that don't directly affect Verra Mobility'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 Verra Mobility's value and its price as these two are different measures arrived at by different means. Investors typically determine if Verra Mobility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verra Mobility'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.