Veeva Current Ratio from 2010 to 2024

VEEV Stock  USD 215.14  0.60  0.28%   
Veeva Systems Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 2.53 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
4.24402676
Current Value
2.53
Quarterly Volatility
0.91679504
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Veeva Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veeva Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.6 M, Interest Expense of 60.4 M or Selling General Administrative of 258.9 M, as well as many indicators such as Price To Sales Ratio of 13.38, Dividend Yield of 0.0 or PTB Ratio of 6.81. Veeva financial statements analysis is a perfect complement when working with Veeva Systems Valuation or Volatility modules.
  
Check out the analysis of Veeva Systems Correlation against competitors.

Latest Veeva Systems' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Veeva Systems Class over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Veeva Systems' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Veeva Systems' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.20 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Veeva Current Ratio Regression Statistics

Arithmetic Mean3.01
Geometric Mean2.86
Coefficient Of Variation30.43
Mean Deviation0.74
Median3.20
Standard Deviation0.92
Sample Variance0.84
Range2.7306
R-Value0.58
Mean Square Error0.60
R-Squared0.33
Significance0.02
Slope0.12
Total Sum of Squares11.77

Veeva Current Ratio History

2024 2.53
2023 4.24
2022 3.94
2020 3.23
2019 2.78
2018 3.57
2017 3.2

About Veeva Systems Financial Statements

Veeva Systems investors use historical fundamental indicators, such as Veeva Systems' Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Veeva Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 4.24  2.53 

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Additional Tools for Veeva Stock Analysis

When running Veeva Systems' price analysis, check to measure Veeva Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veeva Systems is operating at the current time. Most of Veeva Systems' value examination focuses on studying past and present price action to predict the probability of Veeva Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veeva Systems' price. Additionally, you may evaluate how the addition of Veeva Systems to your portfolios can decrease your overall portfolio volatility.