CommVault Systems Inc (CVLT)

Current ratio

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Total current assets	US$ in thousands	635,057	576,733	562,955	551,112	595,126	566,534	539,961	508,435	550,914	506,680	455,876	465,033	484,081	467,041	482,730	541,879	607,600	606,635	558,993	533,470
Total current liabilities	US$ in thousands	555,050	511,738	468,317	446,541	484,928	432,805	403,749	385,765	410,076	391,182	349,396	355,921	394,064	365,774	339,815	347,283	373,202	359,436	314,705	322,812
Current ratio		1.14	1.13	1.20	1.23	1.23	1.31	1.34	1.32	1.34	1.30	1.30	1.31	1.23	1.28	1.42	1.56	1.63	1.69	1.78	1.65

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $635,057K ÷ $555,050K
= 1.14

CommVault Systems Inc's current ratio has exhibited fluctuations over the reported periods. The current ratio measures the company's ability to cover its short-term liabilities with its current assets.

From June 30, 2020, to September 30, 2021, the current ratio showed an improving trend, reaching a peak of 1.78 in September 30, 2020. This indicated that the company had more current assets relative to its current liabilities during this period.

However, from December 31, 2021, to December 31, 2024, the current ratio declined gradually, dropping to 1.13 by December 31, 2024. This downward trend may suggest potential liquidity challenges as the company had fewer current assets to cover its short-term obligations.

In the more recent periods from March 31, 2024, to March 31, 2025, the current ratio has stabilized around 1.14 to 1.23. These figures indicate that CommVault Systems Inc's ability to meet its short-term obligations with its current assets has slightly improved but remains relatively low compared to the earlier periods.

Overall, the analysis of CommVault Systems Inc's current ratio suggests fluctuations in its liquidity position over the reported periods, emphasizing the importance of closely monitoring the company's ability to manage its short-term financial obligations.