Veeva Total Other Income Expense Net vs Total Operating Expenses 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 Total Other Income Expense Net and its Total Operating Expenses 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.

Total Other Income Expense Net vs Total Operating Expenses

Total Other Income Expense Net vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeva Systems Class Total Other Income Expense Net account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Veeva Systems' Total Other Income Expense Net and Total Operating Expenses is 0.84. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Operating Expenses 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 Other Income Expense Net and Total Operating Expenses 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 Other Income Expense Net of Veeva Systems Class are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Total Other Income Expense Net i.e., Veeva Systems' Total Other Income Expense Net and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Other Income Expense Net

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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
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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

Veeva Systems Investors Sentiment

The influence of Veeva Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Veeva. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Veeva Systems' public news can be used to forecast risks associated with an investment in Veeva. The trend in average sentiment can be used to explain how an investor holding Veeva can time the market purely based on public headlines and social activities around Veeva Systems Class. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Veeva Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Veeva Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Veeva Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Veeva Systems.

Veeva Systems Implied Volatility

    
  28.78  
Veeva Systems' implied volatility exposes the market's sentiment of Veeva Systems Class stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Veeva Systems' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Veeva Systems stock will not fluctuate a lot when Veeva Systems' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Veeva Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Veeva Systems' short interest history, or implied volatility extrapolated from Veeva Systems options trading.

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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.