| CVO Stock | | | 6.79 0.36 5.03% |
Coveo Solutions financial indicator trend analysis is way more than just evaluating Coveo Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coveo Solutions is a good investment. Please check the relationship between Coveo Solutions Cash and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Coveo Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash vs Long Term Debt
Cash vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Coveo Solutions Cash account and
Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Coveo Solutions' Cash and Long Term Debt is -0.66. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Coveo Solutions, assuming nothing else is changed. The correlation between historical values of Coveo Solutions' Cash and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Coveo Solutions are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Coveo Solutions' Cash and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.66 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Coveo Solutions, which is listed under current asset account on Coveo Solutions balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Coveo Solutions customers. The amounts must be unrestricted with restricted cash listed in a different Coveo Solutions account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Long Term Debt
Long-term debt is a debt that Coveo Solutions has held for over one year. Long-term debt appears on Coveo Solutions balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Coveo Solutions balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Coveo Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coveo Solutions 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Coveo Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Coveo Solutions'
Tax Provision is very stable compared to the past year. As of the 26th of February 2025,
Enterprise Value is likely to grow to about 890.7
M, while
Selling General Administrative is likely to drop about 22.6
M.
Coveo Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Coveo Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coveo Solutions fundamental ratios Accounts
Other Information on Investing in Coveo Stock
Balance Sheet is a snapshot of the
financial position of Coveo Solutions at a specified time, usually calculated after every quarter, six months, or one year. Coveo Solutions Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Coveo Solutions and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Coveo currently owns. An asset can also be divided into two categories, current and non-current.