Commvault Assets Non Current Trend from 2010 to 2022

CVLT
 Stock
  

USD 57.66  0.04  0.07%   

Commvault Systems Assets Non Current yearly trend continues to be comparatively stable with very little volatility. Assets Non Current will likely drop to about 286.3 M in 2022. From the period from 2010 to 2022, Commvault Systems Assets Non Current quarterly data regression had r-squared of 0.84 and coefficient of variation of  56.10. Commvault Systems Selling General and Administrative Expense is comparatively stable at the moment as compared to the past year. Commvault Systems reported Selling General and Administrative Expense of 444.69 Million in 2021. Weighted Average Shares is likely to gain to about 50.3 M in 2022, whereas Revenues is likely to drop slightly above 768.7 M in 2022.
  
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 Direct Expenses of 94.7 M, Consolidated Income of 36.3 M or Cost of Revenue of 112.5 M, as well as many exotic indicators such as Interest Coverage of 25.19, Calculated Tax Rate of 20.83 or PPandE Turnover of 7.2. Commvault financial statements analysis is a perfect complement when working with Commvault Systems Valuation or Volatility modules. It can also supplement Commvault Systems' financial leverage analysis and stock options assessment as well as various Commvault Systems Technical models . Continue to the analysis of Commvault Systems Correlation against competitors.

Commvault Systems Quarterly Assets Non Current

327.69 Million

Commvault Assets Non Current Breakdown

Showing smoothed Assets Non Current of Commvault Systems with missing and latest data points interpolated. Amount of non-current assets; for companies that operate a classified balance sheet. Calculated as the different between Total Assets Total Assets and Current Assets Current Assets.Commvault Systems' Assets Non Current 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.
Assets Non Current10 Years Trend
Increasing
Slightly volatile
   Assets Non Current   
Share
       Timeline  

Commvault Assets Non Current Regression Statistics

Arithmetic Mean 187,964,097
Geometric Mean 149,825,543
Coefficient Of Variation 56.10
Mean Deviation 83,014,551
Median 188,057,000
Standard Deviation 105,438,568
Range 294,661,000
R-Value 0.92
R-Squared 0.84
Significance 0.00001162
Slope 24,775,042

Commvault Assets Non Current History

201249.4 M
2013124.9 M
2014188.1 M
2015197.2 M
2016223.8 M
2017171.9 M
2018167.5 M
2019331.4 M
2020296.6 M
2021332 M
2022286.3 M

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 Assets Non Current, 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 ReportedProjected for 2022
Assets Non Current332 M286.3 M
Average Assets800.9 M839.6 M
Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey. Commvault Systems operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 2800 people.

Commvault Systems Investors Sentiment

The influence of Commvault Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Commvault. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Commvault Systems' public news can be used to forecast risks associated with investment in Commvault. The trend in average sentiment can be used to explain how an investor holding Commvault can time the market purely based on public headlines and social activities around Commvault Systems. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Commvault Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Commvault Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Commvault Systems' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Commvault Systems.

Commvault Systems Implied Volatility

    
  46.88  
Commvault Systems' implied volatility exposes the market's sentiment of Commvault Systems stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Commvault Systems' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Commvault Systems stock will not fluctuate a lot when Commvault Systems' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Commvault Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Commvault Systems' short interest history, or implied volatility extrapolated from Commvault Systems options trading.

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.
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 equities. 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.
Pair CorrelationCorrelation Matching
Continue to the analysis of Commvault Systems Correlation against competitors. Note that the Commvault Systems information on this page should be used as a complementary analysis to other Commvault Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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 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.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
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 YOY
-0.73
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
0.079
Return On Assets
0.0249
Return On Equity
0.0744
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 Commvault Systems value 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.