Veeva Cash Per Share vs Free Cash Flow Per Share Analysis
VEEV Stock | USD 203.89 0.69 0.34% |
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 Cash Per Share and its Free Cash Flow Per Share 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 tightly coupled with the direction of predictive economic indicators such as signals in income.
Cash Per Share vs Free Cash Flow Per Share
Cash Per Share vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeva Systems Class Cash Per Share account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Veeva Systems' Cash Per Share and Free Cash Flow Per Share is 0.96. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Free Cash Flow Per Share 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' Cash Per Share and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Veeva Systems Class are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Cash Per Share i.e., Veeva Systems' Cash Per Share and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash Per Share
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.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 tightly coupled 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 113.51 in 2024, whereas Tax Provision is likely to drop slightly above 34.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.5B | 1.7B | 1.8B | Total Revenue | 1.9B | 2.2B | 2.4B | 2.5B |
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
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 158.3M | 160.7M | 162.3M | 162.4M | 163.5M | 155.5M | |
Total Assets | 2.3B | 3.0B | 3.8B | 4.8B | 5.9B | 6.2B | |
Other Current Liab | 52.9M | 64.0M | 77.7M | 84.5M | 88.3M | 92.7M | |
Total Current Liabilities | 551.2M | 716.0M | 840.8M | 1.0B | 1.2B | 1.2B | |
Total Stockholder Equity | 1.7B | 2.3B | 2.9B | 3.7B | 4.6B | 4.9B | |
Other Liab | 10.2M | 12.4M | 20.4M | 31.6M | 36.3M | 38.1M | |
Property Plant And Equipment Net | 103.9M | 110.6M | 104.1M | 105.2M | 104.1M | 64.8M | |
Current Deferred Revenue | 468.9M | 617.0M | 731.7M | 869.3M | 1.0B | 1.1B | |
Net Debt | (421.9M) | (667.4M) | (1.1B) | (825.5M) | (647.7M) | (680.1M) | |
Retained Earnings | 919.7M | 1.3B | 1.7B | 2.2B | 2.7B | 2.9B | |
Accounts Payable | 19.4M | 23.3M | 20.3M | 41.7M | 31.5M | 33.1M | |
Cash | 476.7M | 730.5M | 1.1B | 886.5M | 703.5M | 473.6M | |
Non Current Assets Total | 740.7M | 735.2M | 709.3M | 835.0M | 907.7M | 953.1M | |
Non Currrent Assets Other | 16.2M | 17.9M | 55.0M | 67.6M | 64.0M | 67.2M | |
Other Assets | 63.6M | 74.1M | 63.3M | 207.5M | 1.0 | 0.95 | |
Cash And Short Term Investments | 1.1B | 1.7B | 2.4B | 3.1B | 4.0B | 4.2B | |
Net Receivables | 422.5M | 611.6M | 694.4M | 785.2M | 888.5M | 933.0M | |
Liabilities And Stockholders Equity | 2.3B | 3.0B | 3.8B | 4.8B | 5.9B | 6.2B | |
Non Current Liabilities Total | 55.0M | 63.8M | 64.0M | 81.2M | 87.2M | 91.6M | |
Other Current Assets | 21.9M | 35.6M | 36.7M | 81.5M | 86.9M | 91.3M | |
Other Stockholder Equity | 745.5M | 965.7M | 1.2B | 1.5B | 1.9B | 2.0B | |
Total Liab | 606.2M | 779.7M | 904.8M | 1.1B | 1.3B | 1.3B | |
Property Plant And Equipment Gross | 103.9M | 110.6M | 104.1M | 105.2M | 140.9M | 147.9M | |
Total Current Assets | 1.5B | 2.3B | 3.1B | 4.0B | 5.0B | 5.3B | |
Accumulated Other Comprehensive Income | 460K | 992K | (12.0M) | (31.1M) | (10.6M) | (10.1M) | |
Short Term Debt | 10.0M | 11.7M | 11.0M | 11.3M | 9.3M | 7.7M | |
Intangible Assets | 134.6M | 114.6M | 101.9M | 82.5M | 63.0M | 55.5M | |
Property Plant Equipment | 54.8M | 110.6M | 104.1M | 105.2M | 120.9M | 127.0M | |
Short Term Investments | 610.0M | 933.1M | 1.2B | 2.2B | 3.3B | 3.5B | |
Net Tangible Assets | 1.1B | 1.7B | 2.4B | 3.2B | 3.7B | 3.9B | |
Retained Earnings Total Equity | 354.9M | 619.2M | 919.7M | 1.3B | 1.5B | 1.6B | |
Capital Surpluse | 515.3M | 617.6M | 745.5M | 965.7M | 1.1B | 576.9M | |
Deferred Long Term Liab | 2.4M | 42.1M | 33.1M | 31.8M | 36.6M | 21.5M | |
Non Current Liabilities Other | 52.6M | 10.6M | 18.2M | 30.1M | 38.7M | 40.7M | |
Deferred Long Term Asset Charges | 3.5M | 36.8M | 35.6M | 42.1M | 48.4M | 26.4M | |
Net Invested Capital | 1.7B | 2.3B | 2.9B | 3.7B | 4.6B | 2.7B | |
Net Working Capital | 980.0M | 1.6B | 2.3B | 3.0B | 3.8B | 2.1B |
Pair Trading with Veeva Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Veeva Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Veeva Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Veeva Stock
0.65 | DH | Definitive Healthcare | PairCorr |
0.64 | EW | Edwards Lifesciences Corp | PairCorr |
0.82 | LH | Laboratory | PairCorr |
The ability to find closely correlated positions to Veeva Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veeva Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Veeva Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Veeva Systems Class to buy it.
The correlation of Veeva Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Veeva Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veeva Systems Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Veeva Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled with the direction of predictive economic indicators such as signals in income. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary 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.
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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 3.22 | 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.