CommVault Total Current Assets from 2010 to 2024
| CVLT Stock | USD 111.24 0.51 0.46% |
Total Current Assets | First Reported 2005-03-31 | Previous Quarter 566.5 M | Current Value 595.1 M | Quarterly Volatility 192.1 M |
Check CommVault Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CommVault main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.4 M, Total Revenue of 480.1 M or Gross Profit of 409.3 M, as well as many exotic indicators such as Price To Sales Ratio of 4.83, Dividend Yield of 0.0 or PTB Ratio of 16.64. CommVault financial statements analysis is a perfect complement when working with CommVault Systems Valuation or Volatility modules.
CommVault | Total Current Assets |
Latest CommVault Systems' Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of CommVault Systems over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. CommVault Systems' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CommVault Systems' overall financial position and show how it may be relating to other accounts over time.
| Total Current Assets | 10 Years Trend |
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Total Current Assets |
| Timeline |
CommVault Total Current Assets Regression Statistics
| Arithmetic Mean | 516,091,637 | |
| Geometric Mean | 447,043,850 | |
| Coefficient Of Variation | 30.08 | |
| Mean Deviation | 98,427,551 | |
| Median | 550,914,000 | |
| Standard Deviation | 155,249,063 | |
| Sample Variance | 24102.3T | |
| Range | 627.3M | |
| R-Value | 0.37 | |
| Mean Square Error | 22409.6T | |
| R-Squared | 0.14 | |
| Significance | 0.18 | |
| Slope | 12,832,332 | |
| Total Sum of Squares | 337431.8T |
CommVault Total Current Assets History
About CommVault Systems Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CommVault Systems income statement, its balance sheet, and the statement of cash flows. CommVault Systems investors use historical funamental indicators, such as CommVault Systems's Total Current Assets, to determine how well the company is positioned to perform in the future. Although CommVault Systems investors may use each financial statement separately, they are all related. The changes in CommVault Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CommVault Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CommVault Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CommVault Systems. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Current Assets | 595.1 M | 421.4 M |
Pair Trading with CommVault Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CommVault Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CommVault Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with CommVault Stock
| 0.66 | DJCO | Daily Journal Corp | PairCorr |
Moving against CommVault Stock
| 0.78 | DV | DoubleVerify Holdings Earnings Call This Week | PairCorr |
| 0.74 | ZI | ZoomInfo Technologies | PairCorr |
| 0.59 | DOMO | Domo Inc Financial Report 23rd of May 2024 | PairCorr |
| 0.57 | U | Unity Software | PairCorr |
| 0.55 | PD | Pagerduty Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to CommVault Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CommVault Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CommVault Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CommVault Systems to buy it.
The correlation of CommVault Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CommVault Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CommVault Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CommVault Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of CommVault Systems Correlation against competitors. For more information on how to buy CommVault Stock please use our How to Invest in CommVault Systems guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for CommVault Stock analysis
When running CommVault Systems' price analysis, check to measure CommVault Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CommVault Systems is operating at the current time. Most of CommVault Systems' value examination focuses on studying past and present price action to predict the probability of CommVault Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CommVault Systems' price. Additionally, you may evaluate how the addition of CommVault Systems to your portfolios can decrease your overall portfolio volatility.
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Is CommVault Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CommVault Systems. If investors know CommVault will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CommVault Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.9 | Earnings Share 3.75 | Revenue Per Share 19.124 | Quarterly Revenue Growth 0.097 | Return On Assets 0.0579 |
The market value of CommVault Systems is measured differently than its book value, which is the value of CommVault that is recorded on the company's balance sheet. Investors also form their own opinion of CommVault Systems' value that differs from its market value or its book value, called intrinsic value, which is CommVault Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CommVault Systems' market value can be influenced by many factors that don't directly affect CommVault Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CommVault Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if CommVault Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CommVault Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.