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Coveo Solutions (Coveo Solutions) Total Assets : $277.8 Mil (As of Dec. 2023)


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What is Coveo Solutions Total Assets?

Coveo Solutions's Total Assets for the quarter that ended in Dec. 2023 was $277.8 Mil.

During the past 12 months, Coveo Solutions's average Total Assets Growth Rate was 9.80% per year. During the past 3 years, the average Total Assets Growth Rate was 22.00% per year.

During the past 5 years, Coveo Solutions's highest 3-Year average Total Assets Growth Rate was 22.00%. The lowest was 22.00%. And the median was 22.00%.

Total Assets is connected with ROA %. Coveo Solutions's annualized ROA % for the quarter that ended in Dec. 2023 was -8.97%. Total Assets is also linked to Revenue through Asset Turnover. Coveo Solutions's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

Coveo Solutions Total Assets Historical Data

The historical data trend for Coveo Solutions's Total Assets 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.

Coveo Solutions Total Assets Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
- 175.34 194.04 345.50 308.82

Coveo Solutions Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets 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 310.80 308.82 313.12 270.70 277.85

Coveo Solutions Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Coveo Solutions's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=218.533+90.285
=308.8

Coveo Solutions's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=180.373+97.472
=277.8

* 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.

Coveo Solutions  (OTCPK:CVOSF) Total Assets Explanation

Total Assets is connected with ROA %.

Coveo Solutions's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-24.608/( (270.699+277.845)/ 2 )
=-24.608/274.272
=-8.97 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Coveo Solutions's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=31.761/( (270.699+277.845)/ 2 )
=31.761/274.272
=0.12

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Coveo Solutions Total Assets Related Terms

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Coveo Solutions (Coveo Solutions) Business Description

Industry
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Traded in Other Exchanges
I94:Germany CVO:Canada
Address
3175 des Quatre-Bourgeois, Suite 200, Quebec, QC, CAN, G1W 2K7
Website
https://www.coveo.com
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.