What is the level of liabilities of Red Violet this year?
Red Violet has a debt balance of 6.88 M USD this year.
Red Violet Liabilities 2024
Red Violet Liabilities
6.88 M USD
Ticker
RDVT
ISIN
US75704L1044
WKN
A2JGBV
In 2024, Red Violet's total liabilities amounted to 6.88 M USD, a 8.83% difference from the 6.32 M USD total liabilities in the previous year.
Red Violet Aktienanalyse
What does Red Violet do?
Red Violet Inc is a US-based company specializing in data-driven analytics and information solutions. It was founded in 2017 and is headquartered in Boca Raton, Florida. The company offers a wide range of services that enable businesses and industries to obtain consistent intelligence and monitoring solutions based on their specific requirements. History Red Violet emerged from a merger in 2017 between IDI Inc and Blue and White Key Software Solutions. The original company, IDI, was established in 1996 to provide data and information solutions for various sectors. Initially, the company focused primarily on providing data that would enhance car sales. After a few years in the market, the company began expanding its services to other industries, including insurance, record checks, credit lending, and law enforcement agencies. IDI provided various services ranging from data querying, monitoring services, data analysis, to identity services. With its advanced analytics technologies, the company was able to deliver solid information while ensuring customer satisfaction. In 2017, the company decided to merge with Blue and White Key Software Solutions and became Red Violet. The company went public in December 2017. Since then, it has steadily grown and gained a variety of customers and partners. Business Model Red Violet's business model is based on providing high-quality data and analytics tools to customers in various industries. The company maintains an extensive database and delivers customized queries and reports. It utilizes cutting-edge technology to offer a wide range of data-driven services tailored to the specific requirements of customers. Red Violet specializes in three core areas: forensic analysis, security monitoring, and identity verification. Forensic Analysis The forensic analysis field involves data collection, analysis, and reporting in various industries. Red Violet is capable of capturing and analyzing a variety of data sources and formats, including medical records, criminal records, financial transactions, and social media profiles. These data sources are utilized to provide companies and authorities in different areas with information for crime investigation, fraud prevention, and threat detection. Security Monitoring Red Violet also offers various monitoring services, including monitoring financial transactions, network connections, and communication. The company utilizes state-of-the-art technology to detect threats, fraud, and corruption and reduce potential risks. Identity Verification In the field of identity verification, Red Violet provides various solutions that confirm the authenticity of identities and prevent counterfeiting. The company utilizes its extensive database to help customers verify the identity of individuals who are applying for loans, hiring employees, or undergoing a security clearance process. Products & Services Red Violet offers a wide range of products and services, ranging from providing analytics and data queries to identity verification. Some of Red Violet's key products and services include: - CORE ID: An identity verification solution that checks social security numbers, driver's license numbers, and identification numbers against data in a public database. - Accurint: A search engine that accesses open source information to find insights about individuals, companies, and other entities. - CrimeLink: An analysis platform that assists law enforcement agencies in tracking crime by integrating various data sources and formats. - Digital Identity Verification: An online solution for verifying identities that helps companies quickly and reliably verify customer identities. - Omni: A comprehensive platform that offers a variety of data-driven services. Omni combines digital identity verification, monitoring services, and forensic analysis tools into a single platform. Conclusion Red Violet Inc is a reputable company offering data-driven analytics and information solutions for various industries. The company specializes in three core areas: forensic analysis, security monitoring, and identity verification. Red Violet utilizes cutting-edge technology to meet the needs of its customers and offers a wide range of products and services, including CORE ID, Accurint, CrimeLink, Digital Identity Verification, and Omni. With its expertise and comprehensive product portfolio, Red Violet is a leading company in this field. Red Violet ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing Red Violet's Liabilities
Red Violet's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Red Violet's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Red Violet's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Red Violet's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Red Violet’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Red Violet stock
What were the liabilities of Red Violet compared to the previous year?
The liabilities of Red Violet have increased by 8.83% increased compared to the previous year.
What are the consequences of high debt for investors of Red Violet?
High liabilities can pose a risk for investors of Red Violet, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Red Violet?
Low liabilities mean that Red Violet has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Red Violet affect the company?
An increase in liabilities of Red Violet can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Red Violet affect the company?
A decrease in the liabilities of Red Violet can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Red Violet?
Some factors that can influence the liabilities of Red Violet include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Red Violet so important for investors?
The liabilities of Red Violet are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Red Violet take to modify the liabilities?
To change its liabilities, Red Violet can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does Red Violet pay?
Over the past 12 months, Red Violet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Red Violet is expected to pay a dividend of 0 USD.
What is the dividend yield of Red Violet?
The current dividend yield of Red Violet is .
When does Red Violet pay dividends?
Red Violet pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Red Violet?
Red Violet paid dividends every year for the past 0 years.
What is the dividend of Red Violet?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Red Violet located?
Red Violet is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Red Violet kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Red Violet from 7/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/28/2024.
When did Red Violet pay the last dividend?
The last dividend was paid out on 7/28/2024.
What was the dividend of Red Violet in the year 2023?
In the year 2023, Red Violet distributed 0 USD as dividends.
In which currency does Red Violet pay out the dividend?
The dividends of Red Violet are distributed in USD.
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Andere Kennzahlen von Red Violet
Our stock analysis for Red Violet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Red Violet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
