CommVault Systems Inc (CVLT)
Cash ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 302,103 | 312,754 | 287,778 | 267,507 | 397,237 |
| Short-term investments | US$ in thousands | — | — | — | — | 0 |
| Total current liabilities | US$ in thousands | 555,050 | 484,928 | 410,076 | 394,064 | 373,202 |
| Cash ratio | 0.54 | 0.64 | 0.70 | 0.68 | 1.06 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($302,103K
+ $—K)
÷ $555,050K
= 0.54
The cash ratio of CommVault Systems Inc has shown a slight decline over the past five years. Starting at 1.06 on March 31, 2021, the ratio has steadily decreased to 0.54 as of March 31, 2025. This downward trend indicates that the company may have less cash on hand relative to its current liabilities in recent years. While a high cash ratio suggests a strong ability to cover short-term obligations, a decreasing ratio may signal potential liquidity challenges that could impact the company's financial health. Further analysis is recommended to understand the underlying factors contributing to this decline and to assess the company's overall cash management strategies.
Peer comparison
Mar 31, 2025