Coveo Ptb Ratio vs Ev To Sales Analysis

CVO Stock   7.31  0.02  0.27%   
Coveo Solutions financial indicator trend analysis is way more than just evaluating Coveo Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coveo Solutions is a good investment. Please check the relationship between Coveo Solutions Ptb Ratio and its Ev To Sales accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coveo Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ptb Ratio vs Ev To Sales

Ptb Ratio vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coveo Solutions Ptb Ratio account and Ev To Sales. At this time, the significance of the direction appears to have pay attention.
The correlation between Coveo Solutions' Ptb Ratio and Ev To Sales is -0.98. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Coveo Solutions, assuming nothing else is changed. The correlation between historical values of Coveo Solutions' Ptb Ratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Coveo Solutions are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Ptb Ratio i.e., Coveo Solutions' Ptb Ratio and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Coveo Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coveo Solutions 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Coveo Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Coveo Solutions' Tax Provision is very stable compared to the past year. As of the 2nd of December 2024, Enterprise Value is likely to grow to about 890.7 M, while Selling General Administrative is likely to drop about 22.6 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization7.7M8.6M10.6M6.5M
Interest Income230K5.2M7.2M7.6M

Coveo Solutions fundamental ratios Correlations

0.48-0.10.410.550.5-0.450.53-0.720.56-0.54-0.380.60.460.460.01-0.33-0.450.470.320.46-0.61-0.51-0.730.560.41
0.48-0.080.680.920.8-0.650.79-0.630.89-0.99-0.530.90.991.0-0.77-0.67-0.651.00.310.97-0.97-0.75-0.490.890.93
-0.1-0.080.650.04-0.640.8-0.650.33-0.030.04-0.77-0.22-0.03-0.050.110.740.79-0.04-0.81-0.160.030.70.440.0-0.18
0.410.680.650.760.160.060.16-0.350.7-0.72-0.980.550.720.71-0.390.010.050.7-0.270.62-0.73-0.09-0.180.70.59
0.550.920.040.760.72-0.560.72-0.80.99-0.96-0.650.940.950.93-0.54-0.63-0.570.890.370.96-0.98-0.68-0.670.980.92
0.50.8-0.640.160.72-0.971.0-0.770.75-0.790.020.860.780.78-0.57-0.96-0.980.770.760.85-0.79-1.0-0.730.730.83
-0.45-0.650.80.06-0.56-0.97-0.980.72-0.60.63-0.24-0.74-0.61-0.620.450.971.0-0.61-0.85-0.710.630.990.73-0.58-0.7
0.530.79-0.650.160.721.0-0.98-0.790.75-0.780.020.860.760.77-0.53-0.96-0.980.750.790.84-0.78-1.0-0.760.730.83
-0.72-0.630.33-0.35-0.8-0.770.72-0.79-0.860.690.27-0.86-0.66-0.630.120.740.73-0.57-0.71-0.750.770.780.98-0.83-0.71
0.560.89-0.030.70.990.75-0.60.75-0.86-0.93-0.590.950.920.9-0.48-0.67-0.610.850.450.95-0.96-0.71-0.740.980.91
-0.54-0.990.04-0.72-0.96-0.790.63-0.780.69-0.930.58-0.93-1.0-0.990.710.660.64-0.98-0.32-0.980.990.740.56-0.93-0.93
-0.38-0.53-0.77-0.98-0.650.02-0.240.020.27-0.590.58-0.43-0.57-0.550.23-0.18-0.23-0.540.38-0.470.6-0.080.12-0.61-0.42
0.60.9-0.220.550.940.86-0.740.86-0.860.95-0.93-0.430.920.9-0.59-0.79-0.750.870.490.96-0.95-0.83-0.760.970.86
0.460.99-0.030.720.950.78-0.610.76-0.660.92-1.0-0.570.921.0-0.76-0.66-0.620.980.30.98-0.98-0.72-0.510.920.93
0.461.0-0.050.710.930.78-0.620.77-0.630.9-0.99-0.550.91.0-0.77-0.66-0.630.990.290.97-0.97-0.73-0.480.90.93
0.01-0.770.11-0.39-0.54-0.570.45-0.530.12-0.480.710.23-0.59-0.76-0.770.510.46-0.80.01-0.70.620.51-0.02-0.54-0.59
-0.33-0.670.740.01-0.63-0.960.97-0.960.74-0.670.66-0.18-0.79-0.66-0.660.510.97-0.63-0.83-0.770.660.970.72-0.65-0.74
-0.45-0.650.790.05-0.57-0.981.0-0.980.73-0.610.64-0.23-0.75-0.62-0.630.460.97-0.62-0.85-0.720.640.990.73-0.58-0.71
0.471.0-0.040.70.890.77-0.610.75-0.570.85-0.98-0.540.870.980.99-0.8-0.63-0.620.240.95-0.95-0.71-0.430.860.9
0.320.31-0.81-0.270.370.76-0.850.79-0.710.45-0.320.380.490.30.290.01-0.83-0.850.240.45-0.37-0.81-0.780.360.54
0.460.97-0.160.620.960.85-0.710.84-0.750.95-0.98-0.470.960.980.97-0.7-0.77-0.720.950.45-0.97-0.81-0.630.950.95
-0.61-0.970.03-0.73-0.98-0.790.63-0.780.77-0.960.990.6-0.95-0.98-0.970.620.660.64-0.95-0.37-0.970.740.64-0.96-0.93
-0.51-0.750.7-0.09-0.68-1.00.99-1.00.78-0.710.74-0.08-0.83-0.72-0.730.510.970.99-0.71-0.81-0.810.740.76-0.69-0.79
-0.73-0.490.44-0.18-0.67-0.730.73-0.760.98-0.740.560.12-0.76-0.51-0.48-0.020.720.73-0.43-0.78-0.630.640.76-0.71-0.59
0.560.890.00.70.980.73-0.580.73-0.830.98-0.93-0.610.970.920.9-0.54-0.65-0.580.860.360.95-0.96-0.69-0.710.85
0.410.93-0.180.590.920.83-0.70.83-0.710.91-0.93-0.420.860.930.93-0.59-0.74-0.710.90.540.95-0.93-0.79-0.590.85
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Coveo Solutions Account Relationship Matchups

Other Information on Investing in Coveo Stock

Balance Sheet is a snapshot of the financial position of Coveo Solutions at a specified time, usually calculated after every quarter, six months, or one year. Coveo Solutions Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Coveo Solutions and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Coveo currently owns. An asset can also be divided into two categories, current and non-current.