Veeva Return On Assets from 2010 to 2024

VEEV Stock  USD 201.62  5.12  2.48%   
Veeva Systems Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Veeva Systems Class earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.08893793
Current Value
0.12
Quarterly Volatility
0.03578239
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 39 M, Selling General Administrative of 258.9 M or Selling And Marketing Expenses of 400.5 M, as well as many exotic indicators such as Price To Sales Ratio of 13.38, Dividend Yield of 1.0E-4 or PTB Ratio of 6.81. Veeva financial statements analysis is a perfect complement when working with Veeva Systems Valuation or Volatility modules.
  
This module can also supplement Veeva Systems' financial leverage analysis and stock options assessment as well as various Veeva Systems Technical models . Check out the analysis of Veeva Systems Correlation against competitors.

Latest Veeva Systems' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Veeva Systems Class over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Veeva Systems' Return On Assets 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.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Veeva Return On Assets Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.10
Coefficient Of Variation32.72
Mean Deviation0.03
Median0.10
Standard Deviation0.04
Sample Variance0
Range0.1453
R-Value0.01
Mean Square Error0
R-Squared0.0001
Significance0.97
Slope0.000098
Total Sum of Squares0.02

Veeva Return On Assets History

2023 0.0889
2021 0.11
2019 0.13
2018 0.14
2017 0.12
2016 0.075
2015 0.0772

About Veeva Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Veeva Systems income statement, its balance sheet, and the statement of cash flows. Veeva Systems investors use historical funamental indicators, such as Veeva Systems's Return On Assets, to determine how well the company is positioned to perform in the future. Although Veeva Systems investors may use each financial statement separately, they are all related. The changes in Veeva Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Veeva Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Veeva Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Veeva Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.09  0.12 

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When determining whether Veeva Systems Class is a strong investment it is important to analyze Veeva Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Veeva Systems' future performance. For an informed investment choice regarding Veeva Stock, refer to the following important reports:
Check out the analysis of Veeva Systems Correlation against competitors.
Note that the Veeva Systems Class information on this page should be used as a complementary analysis to other Veeva Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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.
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Is Veeva Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeva Systems. If investors know Veeva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeva Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
3.23
Revenue Per Share
14.724
Quarterly Revenue Growth
0.119
Return On Assets
0.0501
The market value of Veeva Systems Class is measured differently than its book value, which is the value of Veeva that is recorded on the company's balance sheet. Investors also form their own opinion of Veeva Systems' value that differs from its market value or its book value, called intrinsic value, which is Veeva Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeva Systems' market value can be influenced by many factors that don't directly affect Veeva Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeva Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeva Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeva Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.