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.
Peer comparison
Mar 31, 2025