Asset Breakdown
411.2 M
Assets Non Current
142.1 M
Goodwill
Tax Assets
606.3 M
Current Assets
| Total Assets | 888.63 Million | |
| Current Assets | 606.3 Million | |
| Assets Non Current | 411.19 Million | |
| Goodwill | 142.07 Million | |
| Tax Assets | 55.15 Million |
Is Commvault Systems (NASDAQ:CVLT) outlook still optimistic based on the newest debt level?
 | By Vlad Skutelnik | Macroaxis Story |
Commvault Systems is scheduled to announce its earnings today. The next earnings report is expected on the 11th of May 2021. Commvault Systems Accounts Payable Turnover is comparatively stable at the moment as compared to the past year. Commvault Systems reported Accounts Payable Turnover of 483.07 in 2020. Accrued Expenses Turnover is likely to gain to 10.06 in 2021, whereas Average Assets are likely to drop slightly above 858.4 M in 2021. While some baby boomers are getting worried about technology space, it is reasonable to review Commvault Systems as an investment alternative. We will analyze why Commvault Systems investors may still consider a stake in the business.
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Reviewed by Rifka Kats
The company currently holds 20.14 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest Commvault Systems is not taking enough advantage from borrowing. Our advice module provides unbiased investment recommendation that can be used to complement current average analyst sentiment on Commvault Systems. Our advice engine provides an advice for the firm potential to grow from the perspective of an investor's risk tolerance and investing horizon. CommVault Systems financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of CommVault Systems, including all of CommVault Systems's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of CommVault Systems assets, the company is considered highly leveraged. Understanding the composition and structure of overall CommVault Systems debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Understanding CommVault Total Liabilities
CommVault Systems liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. CommVault Systems has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on CommVault Systems balance sheet include debt obligations and money owed to different CommVault Systems vendors, workers, and loan providers. Below is the chart of CommVault short long-term liabilities accounts currently reported on its balance sheet. You can use CommVault Systems financial leverage analysis tool to get a better grip on understanding its financial positionHow important is CommVault Systems's Liquidity
CommVault Systems financial leverage refers to using borrowed capital as a funding source to finance CommVault Systems ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. CommVault Systems financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to CommVault Systems' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of CommVault Systems' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between CommVault Systems's total debt and its cash.
An Additional Perspective On CommVault Systems
Commvault Systems reported the previous year's revenue of 685.24 M. Net Loss for the year was (30.6 M) with profit before overhead, payroll, taxes, and interest of 553.81 M.
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