CommVault Systems Inc (CVLT)

Financial leverage 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 assets	US$ in thousands	1,118,270	1,023,760	958,476	934,932	943,913	804,074	772,692	741,732	782,574	829,942	779,788	792,723	816,080	768,559	779,754	839,388	904,173	905,579	851,978	865,837
Total stockholders’ equity	US$ in thousands	325,122	287,849	277,788	281,809	278,085	174,603	181,523	172,016	186,098	260,016	265,263	270,484	255,829	253,460	299,778	354,538	394,034	414,071	419,476	434,235
Financial leverage ratio		3.44	3.56	3.45	3.32	3.39	4.61	4.26	4.31	4.21	3.19	2.94	2.93	3.19	3.03	2.60	2.37	2.29	2.19	2.03	1.99

March 31, 2025 calculation

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

CommVault Systems Inc's financial leverage ratio has shown a fluctuating trend over the past few years, indicating changes in the company's debt levels relative to its equity. The ratio started at 1.99 as of June 30, 2020, and experienced a gradual increase to 4.61 by December 31, 2023. This substantial increase may suggest that the company has been relying more on debt financing during this period.

However, there was a notable decrease in the financial leverage ratio to 3.39 as of March 31, 2024, followed by a further decline to 3.32 by June 30, 2024. This decrease could indicate potential efforts by the company to reduce its debt levels or improve its equity position.

Subsequently, the ratio slightly increased to 3.45 as of September 30, 2024, and further rose to 3.56 by December 31, 2024. The financial leverage ratio remained relatively stable around the 3.4 range during the first quarter of 2025, suggesting a moderate level of leverage.

Overall, fluctuations in CommVault Systems Inc's financial leverage ratio reflect changes in the company's capital structure and debt management practices, highlighting the importance of monitoring these ratios to assess the firm's financial risk and stability.