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Verisign Inc  (VRSN)
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Verisign Inc's Working Capital Ratio

VRSN's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the forth quarter 2023, Working Capital Ratio fell to 0.83 below Verisign Inc average.

Within Cloud Computing & Data Analytics industry 42 other companies have achieved higher Working Capital Ratio than Verisign Inc in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 562 to 1648.

Explain Working Capital Ratio
How much in Current Assets VRSN´s has?
What is the value of VRSN´s Current Liabilities?


VRSN Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 6.41 % 7.17 % 6.98 % 7.62 % 4 %
Y / Y Current Assets Change -4.85 % -3.96 % -6.1 % -15.35 % -18.13 %
Working Capital Ratio MRQ 0.83 0.86 0.87 0.92 0.93
VRSN's Total Ranking # 1648 # 562 # 1490 # 2880 # 930
Seq. Current Liabilities Change 1.27 % 2.79 % -2.54 % 4.88 % 1.99 %
Seq. Current Assets Change -1.86 % 0.96 % -7.05 % 3.31 % -0.93 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 43
Technology Sector # 282
Overall Market # 1648


Working Capital Ratio Statistics
High Average Low
4.34 1.46 0.78
(Sep. 30, 2010)   IV. Quarter




Financial Statements
Verisign Inc's Current Liabilities $ 1,189 Millions Visit VRSN's Balance sheet
Verisign Inc's Current Assets $ 988 Millions Visit VRSN's Balance sheet
Source of VRSN's Sales Visit VRSN's Sales by Geography


Cumulative Verisign Inc's Working Capital Ratio

VRSN's Working Capital Ratio for the trailling 12 Months

VRSN Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 6.41 % 7.17 % 6.98 % 7.62 % 4 %
Y / Y Current Assets TTM Growth -4.85 % -3.96 % -6.1 % -15.35 % -18.13 %
Working Capital Ratio TTM 0.87 0.89 0.92 0.95 1.01
Total Ranking TTM # 1478 # 1066 # 3219 # 3505 # 3505
Seq. Current Liabilities TTM Growth 1.27 % 2.79 % -2.54 % 4.88 % 1.99 %
Seq. Current Assets TTM Growth -1.86 % 0.96 % -7.05 % 3.31 % -0.93 %


On the trailing twelve months basis Due to rise in Current Liabilities in the IV Quarter 2023 to $1,188.50 millions, cumulative Working Capital Ratio decreased to 0.87 below the Verisign Inc average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 48 other companies have achieved higher Working Capital Ratio than Verisign Inc. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 1066 to 1478.

Explain Working Capital Ratio
How much in Current Assets VRSN´s has?
What is the value of VRSN´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 49
Technology Sector # 295
Within the Market # 1478


trailing twelve months Working Capital Ratio Statistics
High Average Low
3.29 1.45 0.84
(June 30. 2011)   (Dec. 30, 2014)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Cloud Computing & Data Analytics Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Ibex Limited  2.28 $ 169.493  Millions$ 74.233  Millions
Ringcentral Inc   2.13 $ 848.649  Millions$ 398.927  Millions
Zscaler Inc   1.98 $ 3,142.708  Millions$ 1,583.905  Millions
Workday Inc   1.97 $ 9,939.000  Millions$ 5,055.000  Millions
Light and Wonder Inc   1.88 $ 1,311.000  Millions$ 696.000  Millions
Innovative Solutions And Support inc   1.78 $ 26.927  Millions$ 15.142  Millions
Netscout Systems Inc   1.59 $ 609.318  Millions$ 382.252  Millions
Sterling Check Corp   1.52 $ 224.791  Millions$ 148.136  Millions
Unisys Corp  1.49 $ 971.000  Millions$ 650.900  Millions
Mullen Automotive inc   1.49 $ 143.522  Millions$ 96.439  Millions
Innodata inc  1.40 $ 32.077  Millions$ 22.935  Millions
Pegasystems Inc   1.38 $ 799.125  Millions$ 577.059  Millions
Open Text Corp  1.38 $ 4,083.990  Millions$ 2,959.175  Millions
Yext Inc   1.34 $ 359.911  Millions$ 267.774  Millions
Leidos Holdings Inc   1.34 $ 4,005.000  Millions$ 2,990.000  Millions
Caci International Inc  1.32 $ 1,303.804  Millions$ 986.126  Millions
8x8 Inc   1.31 $ 302.470  Millions$ 230.526  Millions
Onespan Inc   1.27 $ 146.343  Millions$ 114.830  Millions
Ribbon Communications inc   1.23 $ 418.718  Millions$ 341.073  Millions
Pros Holdings Inc   1.22 $ 234.674  Millions$ 191.676  Millions
The Glimpse Group Inc   1.19 $ 7.205  Millions$ 6.068  Millions
Dxc Technology Company  1.11 $ 5,531.000  Millions$ 4,961.000  Millions
Asure Software Inc   1.11 $ 267.220  Millions$ 241.340  Millions
Verisk Analytics Inc   1.05 $ 810.100  Millions$ 771.400  Millions
Silversun Technologies Inc   1.02 $ 11.796  Millions$ 11.523  Millions
Hoops Scouting Usa  1.02 $ 0.014  Millions$ 0.014  Millions
Automatic Data Processing Inc   1.01 $ 48,543.400  Millions$ 48,097.700  Millions
Compass Inc   0.96 $ 282.000  Millions$ 292.500  Millions
Kyndryl Holdings Inc  0.94 $ 4,851.000  Millions$ 5,152.000  Millions
Clarivate Plc  0.91 $ 1,462.200  Millions$ 1,600.000  Millions

Date modified: 2024-02-16T10:03:31+00:00



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