Coveo Solutions Inc (CVO) - Net Assets
Based on the latest financial reports, Coveo Solutions Inc (CVO) has net assets worth CA$91.98 Million CAD (≈ $66.53 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$212.97 Million ≈ $154.06 Million USD) and total liabilities (CA$120.99 Million ≈ $87.52 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CVO tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$91.98 Million |
| % of Total Assets | 43.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | -63.99% |
| 10-Year Change | N/A |
| Growth Volatility | 6.1 |
Coveo Solutions Inc - Net Assets Trend (2020–2026)
This chart illustrates how Coveo Solutions Inc's net assets have evolved over time, based on quarterly financial data. See CVO days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Coveo Solutions Inc (2020–2026)
The table below shows the annual net assets of Coveo Solutions Inc from 2020 to 2026. For live valuation and market cap data, see CVO stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | CA$91.98 Million ≈ $66.53 Million |
-27.52% |
| 2025-03-31 | CA$126.91 Million ≈ $91.80 Million |
-28.91% |
| 2024-03-31 | CA$178.52 Million ≈ $129.14 Million |
-18.31% |
| 2023-03-31 | CA$218.53 Million ≈ $158.08 Million |
-14.45% |
| 2022-03-31 | CA$255.44 Million ≈ $184.78 Million |
+125.57% |
| 2021-03-31 | CA$-999.08 Million ≈ $-722.72 Million |
-188.95% |
| 2020-03-31 | CA$-345.76 Million ≈ $-250.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Coveo Solutions Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 30248100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$735.53 Million | 799.70% |
| Other Comprehensive Income | CA$-44.77 Million | -48.68% |
| Other Components | CA$99.44 Million | 108.12% |
| Total Equity | CA$91.98 Million | 100.00% |
Coveo Solutions Inc Competitors by Market Cap
The table below lists competitors of Coveo Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordfyns Bank A/S
CO:NRDF
|
$159.36 Million |
|
Harmony Electronics
TWO:8182
|
$159.51 Million |
|
Votum SA
WAR:VOT
|
$159.51 Million |
|
LBS Bina Group Bhd
KLSE:5789
|
$159.58 Million |
|
Paragon Globe Bhd
KLSE:3611
|
$159.33 Million |
|
Novonix Ltd ADR
NASDAQ:NVX
|
$159.30 Million |
|
Unic Technology
TWO:5452
|
$159.21 Million |
|
QuasarEdge Acquisition Corporation
NYSE:QRED
|
$159.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coveo Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 126,907,000 to 91,976,000, a change of -34,931,000 (-27.5%).
- Net loss of 28,879,000 reduced equity.
- Share repurchases of 22,655,000 reduced equity.
- Other comprehensive income increased equity by 3,999,000.
- Other factors increased equity by 12,604,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-28.88 Million | -31.4% |
| Share Repurchases | CA$22.66 Million | -24.63% |
| Other Comprehensive Income | CA$4.00 Million | +4.35% |
| Other Changes | CA$12.60 Million | +13.7% |
| Total Change | CA$- | -27.52% |
Book Value vs Market Value Analysis
This analysis compares Coveo Solutions Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.32x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | CA$-3.42 | CA$4.17 | x |
| 2021-03-31 | CA$-9.88 | CA$4.17 | x |
| 2022-03-31 | CA$2.55 | CA$4.17 | x |
| 2023-03-31 | CA$2.09 | CA$4.17 | x |
| 2024-03-31 | CA$1.73 | CA$4.17 | x |
| 2025-03-31 | CA$1.29 | CA$4.17 | x |
| 2026-03-31 | CA$0.97 | CA$4.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coveo Solutions Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -31.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.47%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.32x
- Recent ROE (-31.40%) is below the historical average (12.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -111.42% | 0.32x | 0.00x | CA$-27.23 Million |
| 2021 | 0.00% | -925.15% | 0.33x | 0.00x | CA$-500.12 Million |
| 2022 | 163.75% | 483.62% | 0.25x | 1.35x | CA$392.73 Million |
| 2023 | -18.18% | -35.47% | 0.36x | 1.41x | CA$-61.59 Million |
| 2024 | -13.23% | -18.72% | 0.46x | 1.55x | CA$-41.46 Million |
| 2025 | -10.84% | -10.32% | 0.58x | 1.82x | CA$-26.44 Million |
| 2026 | -31.40% | -19.47% | 0.70x | 2.32x | CA$-38.08 Million |
Industry Comparison
This section compares Coveo Solutions Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $287,770,936
- Average return on equity (ROE) among peers: -194.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coveo Solutions Inc (CVO) | CA$91.98 Million | 0.00% | 1.32x | $159.35 Million |
| BlackBerry Ltd (BB) | $2.48 Billion | 25.43% | 0.24x | $2.78 Billion |
| Blockchaink2 Corp (BITK) | $1.51 Million | -147.25% | 0.24x | $1.13 Million |
| BTQ Technologies Corp. (BTQ) | $7.94 Million | -76.55% | 0.23x | $805.76 Million |
| Fobi AI Inc (FOBI) | $6.33 Million | -302.41% | 0.35x | $7.08 Million |
| Fintech Select Ltd (FTEC) | $-2.68 Million | 0.00% | 0.00x | $2.03 Million |
| Haivision Systems Inc (HAI) | $97.58 Million | 0.12% | 0.49x | $86.75 Million |
| Hank Payments Corp (HANK) | $-4.13 Million | 0.00% | 0.00x | $15.76 Million |
| DeepMarkit Corp (MKT) | $-1.49 Million | 0.00% | 0.00x | $17.35 Million |
| Mogo Inc (MOGO) | $1.75 Million | -1251.03% | 85.24x | $25.11 Million |
About Coveo Solutions Inc
Coveo Solutions Inc. provides software-as-a-service artificial intelligence (AI) platform in Canada, the United States, and internationally. The company offers Coveo AI-Relevance Platform that powers search, recommendations, and generative AI, and agentic experiences across commerce, customer service, website, and workplace applications. Its AI-Relevance platform includes Coveo Relevance Generati… Read more