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CVLT (CommVault Systems) Debt-to-Equity : 0.05 (As of Sep. 2024)


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What is CommVault Systems Debt-to-Equity?

CommVault Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5.3 Mil. CommVault Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7.2 Mil. CommVault Systems's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $277.8 Mil. CommVault Systems's debt to equity for the quarter that ended in Sep. 2024 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CommVault Systems's Debt-to-Equity or its related term are showing as below:

CVLT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.08
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of CommVault Systems was 0.08. The lowest was 0.03. And the median was 0.05.

CVLT's Debt-to-Equity is ranked better than
79.68% of 2210 companies
in the Software industry
Industry Median: 0.22 vs CVLT: 0.05

CommVault Systems Debt-to-Equity Historical Data

The historical data trend for CommVault Systems's Debt-to-Equity 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 Debt-to-Equity Chart

CommVault Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.06 0.06 0.07 0.04

CommVault Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity 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 0.08 0.08 0.04 0.04 0.05

Competitive Comparison of CommVault Systems's Debt-to-Equity

For the Software - Application subindustry, CommVault Systems's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CommVault Systems's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, CommVault Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CommVault Systems's Debt-to-Equity falls into.



CommVault Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CommVault Systems's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

CommVault Systems's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


CommVault Systems  (NAS:CVLT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CommVault Systems Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of CommVault Systems's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


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
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
Nicola Adamo director 10 MAACKA DRIVE, HOLMDEL NJ 07733
Keith Geeslin director C/O FRANCISCO PARTNERS, ONE LETTERMAN DRIVE, BLDG. C, STE. 410, SAN FRANCISCO CA 94129
Charles E Moran director 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Blasio Riccardo Di officer: Chief Revenue Officer 1226 COLUMBUS BLVD, CORAL GABLES FL 33134
James J. Whalen officer: Chief Accounting Officer 26 SAGAMORE AVENUE, OCEANPORT NJ 07757
David F Walker director 14388 EAGLE POINTE DR, CLEARWATER FL 337622214
A Shane Sanders director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
Arlen Shenkman director C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Richard Todd Bradley director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Brian Carolan officer: Chief Accounting Officer COMMVAULT SYSTEMS INC, 2 CRESCENT PL, OCEANPORT NJ 07757-0900