CommVault Systems Inc (CVLT)

Financial leverage ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Total assets US$ in thousands 1,118,270 943,913 782,574 816,080 904,173
Total stockholders’ equity US$ in thousands 325,122 278,085 186,098 255,829 394,034
Financial leverage ratio 3.44 3.39 4.21 3.19 2.29

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,118,270K ÷ $325,122K
= 3.44

The financial leverage ratio of CommVault Systems Inc has shown a fluctuating trend over the past five years.

As of March 31, 2021, the financial leverage ratio was 2.29, indicating that the company had a moderate level of financial leverage. Subsequently, by March 31, 2022, the ratio increased to 3.19, suggesting an increase in financial leverage.

By March 31, 2023, the financial leverage ratio further increased to 4.21, signifying a significant rise in the company's reliance on debt to finance its operations. However, in the following year, March 31, 2024, the ratio decreased to 3.39, indicating a reduction in financial leverage compared to the previous year.

As of March 31, 2025, the financial leverage ratio stood at 3.44, showing a slight increase from the previous year. Overall, the financial leverage ratio of CommVault Systems Inc has shown variability, with noticeable fluctuations in the company's debt levels relative to its equity over the years.