Veea Inc.

Veea Inc. - Current Ratioverified

VEEA

Price:

$0.3292

Market Cap:

$12.49M

Veea Inc., established in New York in 2014, specializes in providing sophisticated solutions encompassing computing, multi-access communication protocols, edge storage, and cybersecurity. The company's cutting-edge multi-access edge computing (MEC) platform fundamentally transforms connectivity and processing at the network's periphery by consolidating functionalities typically found in servers, network-attached storage (NAS) devices, routers, firewalls, Wi-Fi access points, IoT gateways, and 4G/5G connections. Furthermore, the Veea Edge Platform facilitates direct connections from optical fiber, cellular, and satellite networks. Veea offers a diverse range of VeeaHub products: VeeaHub STAX ...[Read more]

Industry

Information Technology Services

IPO Date

2024-09-17

Stock Exchange

NASDAQ

Ticker

VEEA

The Current Ratio as of June 2026 (TTM) for Veea Inc. (VEEA) is 1.14

According to Veea Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.14. This represents a change of 69.32% compared to the average of 0.67 of the last 4 quarters.

Veea Inc. (VEEA) Historical Current Ratio (quarterly & annually)

How has VEEA Current Ratio performed in the past?

The mean historical Current Ratio of Veea Inc. over the last ten years is 0.36. The current 1.14 Current Ratio has changed 31.69% with respect to the historical average. Over the past ten years (40 quarters), VEEA's Current Ratio was at its highest in in the June 2021 quarter at 6.32. The Current Ratio was at its lowest in in the September 2023 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.36

Median

0.43

Minimum

0.03

Maximum

0.74

Veea Inc. (VEEA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Veea Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.19%

Maximum Annual Current Ratio = 0.74

Minimum Annual Increase = -62.78%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.49-33.79%
20240.7470.46%
20230.431.19%
20220.03-62.78%

Veea Inc. (VEEA) Average Current Ratio

How has VEEA Current Ratio performed in the past?

The current Current Ratio of Veea Inc. (VEEA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.55

5-year avg

0.36

10-year avg

0.36

Veea Inc. (VEEA) Current Ratio vs. Peers

How is VEEA’s Current Ratio compared to its peers?

Veea Inc.’s Current Ratio is less than CLPS Incorporation (1.69), less than Firefly Neuroscience, Inc. (1.82), greater than ConnectM Technology Solutions, Inc. (0.24), greater than Foxx Development Holdings Inc. (0.38), greater than Brand Engagement Network, Inc. (0.43), less than Arbe Robotics Ltd. (2.42), less than NetClass Technology Inc (1.29), less than NextPlat Corp (2.56), less than Data Storage Corporation (11.65), less than SAGTEC GLOBAL Ltd (2.83),

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