Veeva Retained Earnings vs Other Stockholder Equity Analysis

VEEV Stock  USD 204.46  0.68  0.33%   
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 Retained Earnings and its Other Stockholder Equity 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.

Retained Earnings vs Other Stockholder Equity

Retained Earnings vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeva Systems Class Retained Earnings account and Other Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Veeva Systems' Retained Earnings and Other Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity 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' Retained Earnings and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Veeva Systems Class are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., Veeva Systems' Retained Earnings and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Stockholder Equity

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
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.