CommVault Systems Inc (CVLT)

Return on assets (ROA)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	168,906	-35,774	33,624	-30,954	-5,645
Total assets	US$ in thousands	943,913	782,574	816,080	904,173	845,076
ROA		17.89%	-4.57%	4.12%	-3.42%	-0.67%

March 31, 2024 calculation

ROA = Net income ÷ Total assets
= $168,906K ÷ $943,913K
= 17.89%

CommVault Systems Inc's return on assets (ROA) has shown significant volatility over the past five years. In the most recent fiscal year ending on March 31, 2024, the company reported an ROA of 17.89%, indicating a strong performance in generating profit relative to its total assets. This represents a notable improvement from the negative ROA reported in the previous year.

The negative ROA figures in fiscal years 2023, 2021, and 2020 suggest that CommVault faced challenges in efficiently utilizing its assets to generate profits during those periods. However, the positive ROA observed in fiscal years 2024 and 2022 signifies an improvement in the company's profitability and asset management.

Overall, the upward trend in ROA from fiscal year 2020 to 2024 reflects an improvement in CommVault's ability to generate earnings from its assets. It is essential for investors and stakeholders to monitor the company's ROA closely to assess its efficiency in generating profits relative to the resources invested.