Veeva Capital Surpluse vs Short Term Investments Analysis

VEEV Stock  USD 226.88  0.07  0.03%   
Veeva Systems financial indicator trend analysis is much more than just breaking down Veeva Systems Class prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veeva Systems Class is a good investment. Please check the relationship between Veeva Systems Capital Surpluse and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeva Systems Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Capital Surpluse vs Short Term Investments

Capital Surpluse vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeva Systems Class Capital Surpluse account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Veeva Systems' Capital Surpluse and Short Term Investments is 0.69. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Veeva Systems Class, assuming nothing else is changed. The correlation between historical values of Veeva Systems' Capital Surpluse and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Veeva Systems Class are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Surpluse i.e., Veeva Systems' Capital Surpluse and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Surpluse

Short Term Investments

Short Term Investments is an item under the current assets section of Veeva Systems balance sheet. It contains any investments Veeva Systems Class undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Veeva Systems Class can easily liquidate in the marketplace.
Most indicators from Veeva Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veeva Systems Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeva Systems Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Veeva Systems' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 117.41 in 2024, whereas Tax Provision is likely to drop slightly above 34.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.5B1.7B1.8B
Total Revenue1.9B2.2B2.4B2.5B

Veeva Systems fundamental ratios Correlations

0.780.860.810.770.780.910.81-0.840.740.760.820.820.680.50.740.820.79-0.320.760.810.810.890.760.470.76
0.780.811.01.00.910.771.0-0.831.00.950.770.950.960.390.990.990.97-0.40.971.01.00.941.00.590.61
0.860.810.850.80.750.970.84-0.870.790.860.90.90.760.690.760.860.88-0.560.820.80.850.880.780.510.88
0.811.00.850.990.910.821.0-0.860.990.950.80.960.950.430.981.00.98-0.420.970.991.00.960.990.590.66
0.771.00.80.990.920.761.0-0.821.00.940.760.940.970.381.00.990.97-0.390.971.00.990.931.00.580.59
0.780.910.750.910.920.70.91-0.720.90.840.650.830.880.360.920.890.85-0.50.850.940.910.870.920.320.48
0.910.770.970.820.760.70.81-0.840.750.820.870.90.690.620.710.840.85-0.460.80.780.820.90.740.530.92
0.811.00.841.01.00.910.81-0.850.990.950.790.960.950.410.991.00.98-0.420.970.991.00.960.990.580.65
-0.84-0.83-0.87-0.86-0.82-0.72-0.84-0.85-0.82-0.82-0.98-0.84-0.82-0.59-0.8-0.88-0.840.4-0.88-0.82-0.86-0.82-0.82-0.67-0.72
0.741.00.790.991.00.90.750.99-0.820.950.760.940.970.380.990.990.97-0.390.970.990.990.921.00.590.59
0.760.950.860.950.940.840.820.95-0.820.950.780.950.930.630.930.960.97-0.40.940.930.960.90.940.640.69
0.820.770.90.80.760.650.870.79-0.980.760.780.80.760.640.730.830.8-0.390.830.760.80.780.750.690.76
0.820.950.90.960.940.830.90.96-0.840.940.950.80.880.490.910.970.99-0.470.930.940.970.980.920.580.82
0.680.960.760.950.970.880.690.95-0.820.970.930.760.880.430.970.950.93-0.340.940.950.950.850.970.610.52
0.50.390.690.430.380.360.620.41-0.590.380.630.640.490.430.340.450.47-0.30.460.370.430.40.360.450.57
0.740.990.760.981.00.920.710.99-0.80.990.930.730.910.970.340.970.94-0.360.960.990.980.911.00.570.53
0.820.990.861.00.990.890.841.0-0.880.990.960.830.970.950.450.970.98-0.440.980.981.00.960.980.610.69
0.790.970.880.980.970.850.850.98-0.840.970.970.80.990.930.470.940.98-0.450.960.960.980.960.960.610.76
-0.32-0.4-0.56-0.42-0.39-0.5-0.46-0.420.4-0.39-0.4-0.39-0.47-0.34-0.3-0.36-0.44-0.45-0.39-0.37-0.43-0.46-0.380.22-0.47
0.760.970.820.970.970.850.80.97-0.880.970.940.830.930.940.460.960.980.96-0.390.960.970.910.960.690.64
0.811.00.80.991.00.940.780.99-0.820.990.930.760.940.950.370.990.980.96-0.370.960.990.950.990.560.6
0.811.00.851.00.990.910.821.0-0.860.990.960.80.970.950.430.981.00.98-0.430.970.990.960.990.590.67
0.890.940.880.960.930.870.90.96-0.820.920.90.780.980.850.40.910.960.96-0.460.910.950.960.920.50.79
0.761.00.780.991.00.920.740.99-0.821.00.940.750.920.970.361.00.980.96-0.380.960.990.990.920.580.56
0.470.590.510.590.580.320.530.58-0.670.590.640.690.580.610.450.570.610.610.220.690.560.590.50.580.45
0.760.610.880.660.590.480.920.65-0.720.590.690.760.820.520.570.530.690.76-0.470.640.60.670.790.560.45
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Veeva Systems Account Relationship Matchups

Veeva Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding158.3M160.7M162.3M162.4M163.5M160.8M
Total Assets2.3B3.0B3.8B4.8B5.9B6.2B
Other Current Liab52.9M49.7M59.0M68.3M59.4M33.1M
Total Current Liabilities551.2M716.0M840.8M1.0B1.2B1.2B
Total Stockholder Equity1.7B2.3B2.9B3.7B4.6B4.9B
Other Liab10.2M12.4M20.4M31.6M36.3M38.1M
Property Plant And Equipment Net103.9M110.6M104.1M105.2M104.1M64.8M
Current Deferred Revenue468.9M617.0M731.7M869.3M1.0B1.1B
Net Debt(421.9M)(667.4M)(1.1B)(825.5M)(647.7M)(680.1M)
Retained Earnings919.7M1.3B1.7B2.2B2.7B2.9B
Accounts Payable19.4M23.3M20.3M41.7M31.5M33.1M
Cash476.7M730.5M1.1B886.5M703.5M473.6M
Non Current Assets Total740.7M735.2M709.3M835.0M907.7M953.1M
Non Currrent Assets Other16.2M17.9M55.0M67.6M67.2M70.6M
Other Assets63.6M74.1M63.3M207.5M1.00.95
Cash And Short Term Investments1.1B1.7B2.4B3.1B4.0B4.2B
Net Receivables422.5M611.6M694.4M785.2M888.5M933.0M
Liabilities And Stockholders Equity2.3B3.0B3.8B4.8B5.9B6.2B
Non Current Liabilities Total55.0M63.8M64.0M81.2M87.2M91.6M
Other Current Assets21.9M70.8M73.4M81.5M86.9M91.3M
Other Stockholder Equity745.5M965.7M1.2B1.5B1.9B2.0B
Total Liab606.2M779.7M904.8M1.1B1.3B1.3B
Property Plant And Equipment Gross103.9M110.6M104.1M105.2M140.9M147.9M
Total Current Assets1.5B2.3B3.1B4.0B5.0B5.3B
Accumulated Other Comprehensive Income460K992K(12.0M)(31.1M)(10.6M)(10.1M)
Short Term Debt10.0M23.5M22.0M22.6M18.7M14.3M
Intangible Assets134.6M114.6M101.9M82.5M63.0M55.5M
Property Plant Equipment54.8M110.6M104.1M105.2M120.9M127.0M
Short Term Investments610.0M933.1M1.2B2.2B3.3B3.5B
Net Tangible Assets1.1B1.7B2.4B3.2B3.7B3.9B
Retained Earnings Total Equity354.9M619.2M919.7M1.3B1.5B1.6B
Capital Surpluse515.3M617.6M745.5M965.7M1.1B576.9M
Deferred Long Term Liab2.4M42.1M33.1M31.8M36.6M21.5M
Non Current Liabilities Other52.6M10.6M18.2M30.1M38.7M40.7M
Deferred Long Term Asset Charges3.5M36.8M35.6M42.1M48.4M26.4M
Net Invested Capital1.7B2.3B2.9B3.7B4.6B2.7B
Net Working Capital980.0M1.6B2.3B3.0B3.8B2.1B

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