VEON Financial Statements From 2010 to 2024

VEON Stock  USD 30.95  0.65  2.06%   
VEON financial statements provide useful quarterly and yearly information to potential VEON investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on VEON financial statements helps investors assess VEON's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting VEON's valuation are summarized below:
Gross Profit
3.8 B
Profit Margin
(0.77)
Market Capitalization
2.3 B
Enterprise Value Revenue
1.2765
Revenue
3.9 B
We have found one hundred twenty available fundamental trend indicators for VEON, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check VEON's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself next year.

VEON Total Revenue

4.1 Billion

Check VEON financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VEON's main balance sheet or income statement drivers, such as Interest Expense of 841.9 M, Selling General Administrative of 3.2 B or Total Revenue of 4.1 B, as well as many indicators such as Price To Sales Ratio of 0.37, Dividend Yield of 0.0526 or PTB Ratio of 2.53. VEON financial statements analysis is a perfect complement when working with VEON Valuation or Volatility modules.
  
Check out the analysis of VEON Correlation against competitors.
To learn how to invest in VEON Stock, please use our How to Invest in VEON guide.

VEON Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets20.8 B17.4 B26 B
Slightly volatile
Other Current Liabilities2.6 B4.5 B3.7 B
Very volatile
Total Current Liabilities5.8 B7.6 B7.7 B
Pretty Stable
Total Stockholder Equity847.8 M892.4 M4.5 B
Slightly volatile
Accounts Payable1.7 B1.3 B2.3 B
Slightly volatile
Cash2.1 B3.6 B2.8 B
Pretty Stable
Long Term Debt9.2 B8.7 B12.2 B
Slightly volatile
Common Stock Shares Outstanding61.9 M70.4 M66.6 M
Slightly volatile
Short Term Investments1.1 BB421.5 M
Slightly volatile
Inventory19.7 M20.7 M107 M
Slightly volatile
Other Current Assets6.2 BB1.7 B
Slightly volatile
Total Liabilities15.8 B16.5 B21.1 B
Slightly volatile
Intangible Assets3.5 B1.8 B4.5 B
Slightly volatile
Common Stock1.9 MM53.4 M
Slightly volatile
Property Plant EquipmentB5.1 BB
Slightly volatile
Other Liabilities179.2 M188.6 M534.3 M
Slightly volatile
Good Will430.4 M453.1 M5.7 B
Slightly volatile
Short and Long Term Debt Total10.1 B6.8 B13.5 B
Slightly volatile
Property Plant And Equipment Net6.4 BB8.2 B
Slightly volatile
Current Deferred Revenue135.9 M143.1 M492.9 M
Slightly volatile
Net Debt3.8 BB10.4 B
Slightly volatile
Non Current Assets Total4.5 B4.8 B18.7 B
Slightly volatile
Non Currrent Assets Other235.6 M128 M243.3 M
Pretty Stable
Cash And Short Term Investments3.1 B4.6 B3.3 B
Very volatile
Net Receivables919.9 M577 M1.2 B
Slightly volatile
Common Stock Total Equity2.4 M2.3 M1.9 M
Slightly volatile
Liabilities And Stockholders Equity20.1 B13.6 B26.4 B
Slightly volatile
Non Current Liabilities Total10 BB13.4 B
Slightly volatile
Other Stockholder Equity10.3 B14.7 B11.1 B
Slightly volatile
Property Plant And Equipment Gross9.9 B7.9 B9.5 B
Pretty Stable
Total Current AssetsB11.3 B7.3 B
Very volatile
Short Term Debt1.9 B3.3 B1.8 B
Pretty Stable
Preferred Stock Total Equity350.5 K350.8 K316.6 K
Very volatile
Deferred Long Term Liabilities179.9 M171.3 M69.2 M
Slightly volatile
Long Term Investments60.7 M63.9 M627.2 M
Slightly volatile
Short and Long Term Debt2.2 B2.3 B9.5 B
Slightly volatile
Long Term Debt Total6.5 BB7.9 B
Slightly volatile
Capital Surpluse10.2 B11.5 B12.5 B
Slightly volatile
Non Current Liabilities Other198 M188.6 M48.8 M
Slightly volatile
Net Invested Capital9.1 B8.7 B4.4 B
Pretty Stable
Capital Stock1.6 M1.8 MM
Slightly volatile

VEON Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative3.2 B1.7 B3.8 B
Slightly volatile
Total Revenue4.1 B4.3 B10.6 B
Slightly volatile
Gross Profit3.1 B3.3 BB
Slightly volatile
Cost Of Revenue520 M547.4 M2.6 B
Slightly volatile
Operating Income1.7 B1.2 B1.6 B
Pretty Stable
Depreciation And Amortization739.1 M778 M2.4 B
Slightly volatile
Other Operating Expenses2.3 B2.4 B8.8 B
Slightly volatile
EBIT1.8 B1.4 B2.1 B
Slightly volatile
EBITDA3.6 B2.2 B4.5 B
Slightly volatile
Research Development586.8 K549 K620.9 K
Slightly volatile
Non Recurring56.4 M59.4 M388.6 M
Slightly volatile
Interest Income27.4 M28.8 M466.6 M
Slightly volatile
Selling And Marketing Expenses192.3 M107.1 M236.8 M
Slightly volatile
Reconciled Depreciation647.9 M682 M1.8 B
Slightly volatile

VEON Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures959.5 MB2.3 B
Slightly volatile
Total Cash From Operating ActivitiesB2.9 B3.3 B
Slightly volatile
End Period Cash Flow2.5 B3.6 B2.8 B
Pretty Stable
Stock Based Compensation8.9 M8.1 M7.9 M
Pretty Stable
Begin Period Cash Flow2.4 B2.6 B2.6 B
Very volatile
Depreciation637.5 M671 M2.5 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.370.39380.7212
Slightly volatile
Dividend Yield0.05260.08830.0828
Very volatile
PTB Ratio2.531.35353.248
Very volatile
Days Sales Outstanding25.9350.4833.8413
Pretty Stable
Book Value Per Share13.8314.554879.9524
Slightly volatile
Operating Cash Flow Per Share27.1328.555150.6704
Slightly volatile
Stock Based Compensation To Revenue0.00240.00280.0014
Very volatile
Capex To Depreciation1.11.731.065
Pretty Stable
PB Ratio2.531.35353.248
Very volatile
EV To Sales2.081.21161.8465
Slightly volatile
Inventory Turnover25.9530.4124.4767
Pretty Stable
Days Of Inventory On Hand13.9712.4216.8001
Pretty Stable
Payables Turnover1.640.981.2128
Slightly volatile
Sales General And Administrative To Revenue0.260.350.3513
Slightly volatile
Capex To Revenue0.230.14360.2212
Slightly volatile
Cash Per Share47.0929.353245.9318
Slightly volatile
POCF Ratio0.660.68992.2642
Slightly volatile
Interest Coverage3.261.97232.0323
Pretty Stable
Capex To Operating Cash Flow0.240.25150.6829
Slightly volatile
Days Payables Outstanding244372336
Slightly volatile
EV To Operating Cash Flow2.022.12245.4503
Slightly volatile
Intangibles To Total Assets0.04030.04250.2953
Slightly volatile
Net Debt To EBITDA1.571.6576.594
Pretty Stable
Current Ratio0.670.79860.8477
Very volatile
Receivables Turnover13.667.4812.129
Pretty Stable
Graham Number197106159
Slightly volatile
Shareholders Equity Per Share13.8314.554876.4018
Slightly volatile
Debt To Equity5.453.37.5789
Slightly volatile
Capex Per Share6.827.182735.6426
Slightly volatile
Revenue Per Share47.5250.0221164
Slightly volatile
Interest Debt Per Share6.046.3576194
Slightly volatile
Debt To Assets0.160.170.4407
Pretty Stable
Enterprise Value Over EBITDA2.332.45512.8571
Slightly volatile
Short Term Coverage Ratios0.981.031.7496
Slightly volatile
Operating Cycle39.962.950.6414
Pretty Stable
Price Book Value Ratio2.531.35353.248
Very volatile
Days Of Payables Outstanding244372336
Slightly volatile
Price To Operating Cash Flows Ratio0.660.68992.2642
Slightly volatile
Operating Profit Margin0.210.25070.1723
Slightly volatile
Company Equity Multiplier9.827.637513.9944
Slightly volatile
Long Term Debt To Capitalization0.530.850.7201
Slightly volatile
Total Debt To Capitalization0.550.710.717
Slightly volatile
Return On Capital Employed0.140.19230.1181
Pretty Stable
Debt Equity Ratio5.453.37.5789
Slightly volatile
Ebit Per Revenue0.210.25070.1723
Slightly volatile
Quick Ratio0.660.79860.8306
Very volatile
Dividend Paid And Capex Coverage Ratio4.173.97551.6385
Slightly volatile
Cash Ratio0.30.51130.3877
Very volatile
Operating Cash Flow Sales Ratio0.60.57080.3567
Slightly volatile
Days Of Inventory Outstanding13.9712.4216.8001
Pretty Stable
Days Of Sales Outstanding25.9350.4833.8413
Pretty Stable
Cash Flow Coverage Ratios1.091.030.4585
Slightly volatile
Price To Book Ratio2.531.35353.248
Very volatile
Fixed Asset Turnover1.520.88511.3525
Slightly volatile
Capital Expenditure Coverage Ratio4.173.97551.7825
Slightly volatile
Price Cash Flow Ratio0.660.68992.2642
Slightly volatile
Enterprise Value Multiple2.332.45512.8571
Slightly volatile
Debt Ratio0.160.170.4407
Pretty Stable
Cash Flow To Debt Ratio1.091.030.4585
Slightly volatile
Price Sales Ratio0.370.39380.7212
Slightly volatile
Asset Turnover0.540.450.4702
Very volatile
Gross Profit Margin0.850.6820.7699
Pretty Stable
Price Fair Value2.531.35353.248
Very volatile

VEON Fundamental Market Drivers

Cash And Short Term InvestmentsB

VEON Upcoming Events

28th of June 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About VEON Financial Statements

VEON investors utilize fundamental indicators, such as revenue or net income, to predict how VEON Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue143.1 M135.9 M
Total Revenue4.3 B4.1 B
Cost Of Revenue547.4 M520 M
Sales General And Administrative To Revenue 0.35  0.26 
Capex To Revenue 0.14  0.23 
Revenue Per Share 50.02  47.52 
Ebit Per Revenue 0.25  0.21 

Pair Trading with VEON

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VEON position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VEON will appreciate offsetting losses from the drop in the long position's value.

Moving together with VEON Stock

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Moving against VEON Stock

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The ability to find closely correlated positions to VEON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VEON when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VEON - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VEON to buy it.
The correlation of VEON is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VEON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VEON moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VEON can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether VEON offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VEON's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veon Stock:
Check out the analysis of VEON Correlation against competitors.
To learn how to invest in VEON Stock, please use our How to Invest in VEON guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VEON. If investors know VEON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VEON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Earnings Share
3.97
Revenue Per Share
54.732
Quarterly Revenue Growth
0.121
Return On Assets
0.0595
The market value of VEON is measured differently than its book value, which is the value of VEON that is recorded on the company's balance sheet. Investors also form their own opinion of VEON's value that differs from its market value or its book value, called intrinsic value, which is VEON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VEON's market value can be influenced by many factors that don't directly affect VEON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VEON's value and its price as these two are different measures arrived at by different means. Investors typically determine if VEON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VEON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.