VEEV Stock | | | USD 226.95 10.37 4.79% |
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 Liab and its Common Stock Shares Outstanding 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 Liab vs Common Stock Shares Outstanding
Total Liab vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Veeva Systems Class Total Liab account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Veeva Systems' Total Liab and Common Stock Shares Outstanding is 0.81. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock Shares Outstanding 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 Liab and Common Stock Shares Outstanding 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 Liab of Veeva Systems Class are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Liab i.e., Veeva Systems' Total Liab and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.
Veeva Systems fundamental ratios Correlations
Click cells to compare fundamentals
Veeva Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veeva Systems fundamental ratios Accounts
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Additional Tools for Veeva Stock Analysis
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