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Veeva Systems (XTER:VEE) Debt-to-Equity : 0.01 (As of Oct. 2024)


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What is Veeva Systems Debt-to-Equity?

Veeva Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was €8 Mil. Veeva Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was €57 Mil. Veeva Systems's Total Stockholders Equity for the quarter that ended in Oct. 2024 was €5,050 Mil. Veeva Systems's debt to equity for the quarter that ended in Oct. 2024 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Veeva Systems's Debt-to-Equity or its related term are showing as below:

XTER:VEE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.03
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Veeva Systems was 0.03. The lowest was 0.01. And the median was 0.02.

XTER:VEE's Debt-to-Equity is ranked better than
99.82% of 551 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs XTER:VEE: 0.01

Veeva Systems Debt-to-Equity Historical Data

The historical data trend for Veeva Systems's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Veeva Systems Debt-to-Equity Chart

Veeva Systems Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.02 0.02 0.01

Veeva Systems Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Veeva Systems's Debt-to-Equity

For the Health Information Services subindustry, Veeva Systems's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veeva Systems's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Veeva Systems's Debt-to-Equity falls into.



Veeva Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veeva Systems's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Veeva Systems's Debt to Equity Ratio for the quarter that ended in Oct. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Veeva Systems  (XTER:VEE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Veeva Systems Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Veeva Systems's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Veeva Systems Business Description

Address
4280 Hacienda Drive, Pleasanton, CA, USA, 94588
Veeva is the global leading supplier of cloud-based software solutions for the life sciences industry. The company's best-of-breed offerings address operating and regulatory requirements for customers ranging from small, emerging biotechnology companies to departments of global pharmaceutical manufacturers. The company leverages its domain expertise to improve the efficiency and compliance of the underserved life sciences industry, displacing large, highly customized and dated enterprise resource planning systems that have limited flexibility. Its two main products are Veeva CRM, a customer relationship management platform for companies with a salesforce, and Veeva Vault, a content management platform that tackles various functions within any life sciences company.

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