What is Veeva Systems Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Veeva Systems's interest expense for the
three
months ended in Oct. 2024 was $ 0 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was $0 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Veeva Systems's Operating Income for the
three
months ended in Oct. 2024 was $ 181 Mil. Veeva Systems's Interest Expense for the
three
months ended in Oct. 2024 was $ 0 Mil.
GuruFocus does not calculate Veeva Systems's interest coverage with the available data.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Veeva Systems Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.
* 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 (NYSE:VEEV) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Veeva Systems's Interest Expense for the
three
months ended in Oct. 2024 was $0 Mil. Its
Operating Income
for the
three
months ended in Oct. 2024 was $181 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Oct. 2024 was $63 Mil.
Veeva Systems's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as
| GuruFocus does not calculate Veeva Systems's interest coverage with the available data. |
* 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.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Veeva Systems Inc has enough cash to cover all of its debt. Its financial situation is stable.
Veeva Systems Business Description
Traded in Other Exchanges
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.
Executives
| Thomas D. Schwenger |
officer: President and COO |
C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
| Jonathan Faddis |
officer: VP, General Counsel, Secretary |
C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
| Timothy S Cabral |
officer: Chief Financial Officer |
C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
| Alan Mateo |
officer: EVP Global Sales |
C/O VEEVA SYSTEMS, 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
| Matthew J Wallach |
officer: President |
C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
| Eleni Nitsa Zuppas |
officer: Chief Marketing Officer |
C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
| Mary Lynne Hedley |
director |
C/O TESARO, INC., 1000 WINTER ST., STE 3300, WALTHAM MA 02451 |
| Paul J Sekhri |
director |
C/O VEEVA SYSTEMS INC., 4637 CHABOT DRIVE, SUITE 210, PLEASANTON CA 94588 |
| Kristine Diamond |
officer: Chief Accounting Officer |
345 ENCINAL STREET, SANTA CRUZ CA 95060 |
| Paul Edward Chamberlain |
director |
C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
| Michele O'connor |
officer: Chief Accounting Officer |
C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
| Peter P Gassner |
director, 10 percent owner, officer: Chief Executive Officer |
C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
| Codd Ronald E F |
director |
C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089 |
| Nimrata Hunt |
director |
IDEXX LABORATORIES, INC., WESTBROOK ME 04092 |
| Priscilla Hung |
director |
C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403 |
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