Coveo Solutions Inc.

Coveo Solutions Inc.verified

CVO.TO

Price:

$6.25

Market Cap:

$449.28M

Coveo Solutions Inc. provides applied artificial intelligence (AI) solutions. Its cloud-native, multi-tenant software as a service (SaaS) platform is the intelligence layer that injects search, recommendations, and personalization solutions into digital experiences to provide connected relevance for various-use cases across commerce, service, website, and workplace applications. It serves high tech, healthcare, manufacturing, financial services, and telecommunication industries. Coveo Solutions Inc. has strategic technology partnerships with Adobe, SAP, Salesforce, ServiceNow, Zendesk, Sitecore, AppDirect, and commercetools. The company was incorporated in 2004 and is headquartered in Quebec...[Read more]

Industry

Software - Infrastructure

IPO Date

2021-11-18

Stock Exchange

TSX

Ticker

CVO.TO

The Current Ratio as of September 2024 (TTM) for Coveo Solutions Inc. (CVO.TO) is 1.71

According to Coveo Solutions Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.71. This represents a change of -25.75% compared to the average of 2.30 of the last 4 quarters.

Coveo Solutions Inc. (CVO.TO) Historical Current Ratio (quarterly & annually)

How has CVO.TO Current Ratio performed in the past?

The mean historical Current Ratio of Coveo Solutions Inc. over the last ten years is 2.56. The current 1.71 Current Ratio has changed 6.56% with respect to the historical average. Over the past ten years (40 quarters), CVO.TO's Current Ratio was at its highest in in the December 2021 quarter at 3.92. The Current Ratio was at its lowest in in the June 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

2.56

Median

2.95

Minimum

0

Maximum

3.55

Coveo Solutions Inc. (CVO.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Coveo Solutions Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 3.55

Minimum Annual Increase = -20.06%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.43-20.06%
20233.03-14.43%
20223.5523.92%
20212.86-18.59%
20203.51Infinity%

Coveo Solutions Inc. (CVO.TO) Average Current Ratio

How has CVO.TO Current Ratio performed in the past?

The current Current Ratio of Coveo Solutions Inc. (CVO.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.00

5-year avg

3.08

10-year avg

2.56

Coveo Solutions Inc. (CVO.TO) Current Ratio vs. Peers

How is CVO.TO’s Current Ratio compared to its peers?

Coveo Solutions Inc.’s Current Ratio is less than Dialogue Health Technologies Inc. (3.90), less than The Lion Electric Company (2.49), greater than Alithya Group Inc. (1.30), greater than Taiga Motors Corporation (1.48), less than Opsens Inc. (4.42),

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