Veritas Farms Statistics

Total Valuation

Veritas Farms has a market cap or net worth of $3.30 million. The enterprise value is $7.19 million.

Market Cap	3.30M
Enterprise Value	7.19M

Important Dates

Earnings Date	n/a
Ex-Dividend Date	n/a

Share Statistics

Veritas Farms has 163.88 million shares outstanding. The number of shares has increased by 114.93% in one year.

Shares Outstanding	163.88M
Shares Change (YoY)	+114.93%
Shares Change (QoQ)	+114.93%
Owned by Insiders (%)	4.45%
Owned by Institutions (%)	n/a
Float	156.59M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	4.52
Forward PS	n/a
PB Ratio	15.92
P/FCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	9.84
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.65, with a Debt / Equity ratio of 19.00.

Current Ratio	0.65
Quick Ratio	0.03
Debt / Equity	19.00
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -3,273.20% and return on invested capital (ROIC) is -118.10%.

Return on Equity (ROE)	-3,273.20%
Return on Assets (ROA)	-81.63%
Return on Capital (ROIC)	-118.10%
Revenue Per Employee	$42,980
Profits Per Employee	-$399,449
Employee Count	17
Asset Turnover	0.11
Inventory Turnover	0.81

Taxes

In the past 12 months, Veritas Farms has paid $1.35 million in taxes.

Income Tax	1.35M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -64.67% in the last 52 weeks. The beta is 1.13, so Veritas Farms's price volatility has been higher than the market average.

Beta (1Y)	1.13
52-Week Price Change	-64.67%
50-Day Moving Average	0.02
200-Day Moving Average	0.03
Relative Strength Index (RSI)	51.79
Average Volume (30 Days)	5,033

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Veritas Farms had revenue of $730,652 and -$6.79 million in losses. Loss per share was -$0.15.

Revenue	730,652
Gross Profit	-1.61M
Operating Income	-4.90M
Pretax Income	-5.75M
Net Income	-6.79M
EBITDA	-4.64M
EBIT	-4.90M
Loss Per Share	-$0.15

Full Income Statement

Balance Sheet

The company has $58,787 in cash and $3.94 million in debt, giving a net cash position of -$3.88 million or -$0.02 per share.

Cash & Cash Equivalents	58,787
Total Debt	3.94M
Net Cash	-3.88M
Net Cash Per Share	-$0.02
Equity / Book Value	207,462
Book Value Per Share	0.00
Working Capital	-1.55M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$1.64 million and capital expenditures -$5,265, giving a free cash flow of -$1.64 million.

Operating Cash Flow	-1.64M
Capital Expenditures	-5,265
Free Cash Flow	-1.64M
FCF Per Share	-$0.02

Full Cash Flow Statement

Margins

Gross margin is -220.09%, with operating and profit margins of -670.60% and -929.39%.

Gross Margin	-220.09%
Operating Margin	-670.60%
Pretax Margin	-787.27%
Profit Margin	-929.39%
EBITDA Margin	-635.06%
EBIT Margin	-670.60%
FCF Margin	-225.09%

Dividends & Yields

Veritas Farms does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-114.93%
Shareholder Yield	-114.93%
Earnings Yield	-205.54%
FCF Yield	-49.78%

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on September 20, 2019. It was a reverse split with a ratio of 1:4.

Last Split Date	Sep 20, 2019
Split Type	Reverse
Split Ratio	1:4

Scores

Veritas Farms has an Altman Z-Score of -9.11 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-9.11
Piotroski F-Score	2