Veeva Net Income From Continuing Ops vs Selling General Administrative Analysis

VEEV Stock  USD 200.91  1.82  0.91%   
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 Net Income From Continuing Ops and its Selling General Administrative 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.

Net Income From Continuing Ops vs Selling General Administrative

Net Income From Continuing Ops vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeva Systems Class Net Income From Continuing Ops account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Veeva Systems' Net Income From Continuing Ops and Selling General Administrative is 0.9. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative 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' Net Income From Continuing Ops and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Veeva Systems Class are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income From Continuing Ops i.e., Veeva Systems' Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Selling General Administrative

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 Profit1.3B1.5B1.7B1.8B
Total Revenue1.9B2.2B2.4B2.5B

Veeva Systems fundamental ratios Correlations

0.620.70.660.610.660.810.65-0.60.590.620.60.680.540.450.580.670.64-0.410.560.620.660.760.6-0.270.65
0.620.971.01.00.910.771.0-0.831.00.950.770.950.960.390.990.990.97-0.40.981.01.00.941.00.040.61
0.70.970.980.960.890.880.98-0.890.960.950.850.980.930.50.940.990.99-0.520.920.960.990.970.95-0.040.76
0.661.00.980.990.910.821.0-0.860.990.950.80.960.950.430.981.00.98-0.420.970.991.00.960.990.030.66
0.611.00.960.990.920.761.0-0.821.00.940.760.940.960.381.00.990.97-0.390.981.00.990.931.00.040.59
0.660.910.890.910.920.70.91-0.720.90.840.650.830.880.360.920.890.85-0.50.920.940.910.870.92-0.220.48
0.810.770.880.820.760.70.81-0.840.750.820.870.90.70.620.710.840.85-0.460.690.780.820.90.740.010.92
0.651.00.981.01.00.910.81-0.850.990.950.790.960.950.410.991.00.98-0.420.970.991.00.960.990.030.65
-0.6-0.83-0.89-0.86-0.82-0.72-0.84-0.85-0.82-0.82-0.98-0.84-0.83-0.59-0.8-0.88-0.840.4-0.75-0.82-0.86-0.82-0.82-0.15-0.72
0.591.00.960.991.00.90.750.99-0.820.950.760.940.970.380.990.990.97-0.390.980.990.990.921.00.050.59
0.620.950.950.950.940.840.820.95-0.820.950.780.950.930.630.930.960.97-0.40.950.930.960.90.940.10.69
0.60.770.850.80.760.650.870.79-0.980.760.780.80.770.640.730.830.8-0.390.680.760.80.780.750.170.76
0.680.950.980.960.940.830.90.96-0.840.940.950.80.880.490.910.970.99-0.470.890.940.970.980.920.030.82
0.540.960.930.950.960.880.70.95-0.830.970.930.770.880.450.960.940.93-0.340.950.950.950.850.960.080.53
0.450.390.50.430.380.360.620.41-0.590.380.630.640.490.450.340.450.47-0.30.410.370.430.40.360.10.57
0.580.990.940.981.00.920.710.99-0.80.990.930.730.910.960.340.970.94-0.360.980.990.980.911.00.040.53
0.670.990.991.00.990.890.841.0-0.880.990.960.830.970.940.450.970.98-0.440.950.981.00.960.980.040.69
0.640.970.990.980.970.850.850.98-0.840.970.970.80.990.930.470.940.98-0.450.930.960.980.960.960.050.76
-0.41-0.4-0.52-0.42-0.39-0.5-0.46-0.420.4-0.39-0.4-0.39-0.47-0.34-0.3-0.36-0.44-0.45-0.36-0.37-0.43-0.46-0.380.74-0.47
0.560.980.920.970.980.920.690.97-0.750.980.950.680.890.950.410.980.950.93-0.360.980.960.880.980.030.5
0.621.00.960.991.00.940.780.99-0.820.990.930.760.940.950.370.990.980.96-0.370.980.990.950.990.040.6
0.661.00.991.00.990.910.821.0-0.860.990.960.80.970.950.430.981.00.98-0.430.960.990.960.990.030.67
0.760.940.970.960.930.870.90.96-0.820.920.90.780.980.850.40.910.960.96-0.460.880.950.960.92-0.040.79
0.61.00.950.991.00.920.740.99-0.821.00.940.750.920.960.361.00.980.96-0.380.980.990.990.920.040.56
-0.270.04-0.040.030.04-0.220.010.03-0.150.050.10.170.030.080.10.040.040.050.740.030.040.03-0.040.040.02
0.650.610.760.660.590.480.920.65-0.720.590.690.760.820.530.570.530.690.76-0.470.50.60.670.790.560.02
Click cells to compare fundamentals

Veeva Systems Account Relationship Matchups

Veeva Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding158.3M160.7M162.3M162.4M163.5M155.5M
Total Assets2.3B3.0B3.8B4.8B5.9B6.2B
Other Current Liab52.9M64.0M77.7M84.5M88.3M92.7M
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 Other16.2M17.9M55.0M67.6M64.0M67.2M
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 Assets21.9M35.6M36.7M81.5M86.9M91.3M
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 Debt10.0M11.7M11.0M11.3M9.3M7.7M
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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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 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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
3.21
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.