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CommVault Systems (CommVault Systems) Retained Earnings : $-1,136.6 Mil (As of Dec. 2023)


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What is CommVault Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CommVault Systems's retained earnings for the quarter that ended in Dec. 2023 was $-1,136.6 Mil.

CommVault Systems's quarterly retained earnings declined from Jun. 2023 ($-1,094.3 Mil) to Sep. 2023 ($-1,108.7 Mil) and declined from Sep. 2023 ($-1,108.7 Mil) to Dec. 2023 ($-1,136.6 Mil).

CommVault Systems's annual retained earnings declined from Mar. 2021 ($-665.8 Mil) to Mar. 2022 ($-898.7 Mil) and declined from Mar. 2022 ($-898.7 Mil) to Mar. 2023 ($-1,062.9 Mil).


CommVault Systems Retained Earnings Historical Data

The historical data trend for CommVault Systems's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CommVault Systems Retained Earnings Chart

CommVault Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -485.49 -553.79 -665.77 -898.70 -1,062.90

CommVault Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -967.50 -1,062.90 -1,094.34 -1,108.74 -1,136.58

CommVault Systems Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


CommVault Systems  (NAS:CVLT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


CommVault Systems (CommVault Systems) Business Description

Traded in Other Exchanges
Address
1 CommVault Way, Tinton Falls, NJ, USA, 07724
CommVault Systems Inc provides data and information management software applications and services. The firm sells software licenses and services to large global enterprises, small- and midsize businesses, and government agencies through both its salesforce and its network of reseller partners. Its software solutions include Commvault Complete Backup and Recovery, HyperScale, Hedvig, and Metallic. The company operates in the United States and exports to many other countries.
Executives
Allison Pickens director 471 29TH STREET, SAN FRANCISCO CA 94131
Gary Merrill officer: Chief Financial Officer 2 CRESCENT PLACE, OCEANPORT NJ 07757
Sanjay Mirchandani director, officer: President & CEO 188 MINNA STREET, #29C, SAN FRANCISCO CA 94105
Blasio Riccardo Di officer: Chief Revenue Officer 1226 COLUMBUS BLVD, CORAL GABLES FL 33134
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
James J. Whalen officer: Chief Accounting Officer 26 SAGAMORE AVENUE, OCEANPORT NJ 07757
Nicola Adamo director 10 MAACKA DRIVE, HOLMDEL NJ 07733
David F Walker director 14388 EAGLE POINTE DR, CLEARWATER FL 337622214
A Shane Sanders director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
Charles E Moran director 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Arlen Shenkman director C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Richard Todd Bradley director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Keith Geeslin director C/O FRANCISCO PARTNERS, ONE LETTERMAN DRIVE, BLDG. C, STE. 410, SAN FRANCISCO CA 94129
Brian Carolan officer: Chief Accounting Officer COMMVAULT SYSTEMS INC, 2 CRESCENT PL, OCEANPORT NJ 07757-0900