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
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.
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.
Average
0.36
Median
0.43
Minimum
0.03
Maximum
0.74
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
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.49 | -33.79% |
| 2024 | 0.74 | 70.46% |
| 2023 | 0.43 | 1.19% |
| 2022 | 0.03 | -62.78% |
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.’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),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.69 | $29.54M | |
| 1.82 | $21.33M | |
| 0.24 | $18.19M | |
| 0.38 | $21.12M | |
| 0.43 | $97.36M | |
| 2.42 | $100.79M | |
| 1.29 | $3.45M | |
| 2.56 | $15.68M | |
| 11.65 | $20.50M | |
| 2.83 | $12.42M |
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