Veeva Total Assets vs Deferred Long Term Liab Analysis

VEEV Stock  USD 215.14  0.60  0.28%   
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 Total Assets and its Deferred Long Term Liab 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.

Total Assets vs Deferred Long Term Liab

Total Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeva Systems Class Total Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Veeva Systems' Total Assets and Deferred Long Term Liab is 0.69. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Deferred Long Term Liab 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' Total Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Veeva Systems Class are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Assets i.e., Veeva Systems' Total Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Veeva Systems assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Veeva Systems Class books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 117.87 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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