CommVault Systems's Total Assets for the quarter that ended in Mar. 2024 was $943.9 Mil.
Warning Sign:
If a company builds assets at 8.1% a year, faster than its revenue growth rate of 5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, CommVault Systems's average Total Assets Growth Rate was 27.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.90% per year.
During the past 13 years, CommVault Systems's highest 3-Year average Total Assets Growth Rate was 68.70%. The lowest was -1.20%. And the median was 11.70%.
The historical data trend for CommVault Systems's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
CommVault Systems's Total Assets for the fiscal year that ended in Mar. 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) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
CommVault Systems's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
CommVault Systems Total Assets Related Terms
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CommVault Systems (CommVault Systems) Business Description
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.
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