CVLT Stock | | | USD 174.60 3.91 2.29% |
CommVault Systems financial indicator trend analysis is way more than just evaluating CommVault Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CommVault Systems is a good investment. Please check the relationship between CommVault Systems Gross Profit and its Interest Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CommVault Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy CommVault Stock please use our
How to Invest in CommVault Systems guide.
Gross Profit vs Interest Expense
Gross Profit vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CommVault Systems Gross Profit account and
Interest Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CommVault Systems' Gross Profit and Interest Expense is 0.19. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Expense in the same time period over historical financial statements of CommVault Systems, assuming nothing else is changed. The correlation between historical values of CommVault Systems' Gross Profit and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of CommVault Systems are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Gross Profit i.e., CommVault Systems' Gross Profit and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of CommVault Systems minus its cost of goods sold. It is profit before CommVault Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from CommVault Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CommVault Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CommVault Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy CommVault Stock please use our
How to Invest in CommVault Systems guide.
Selling General Administrative is likely to drop to about 72.2
M in 2024.
Tax Provision is likely to gain to about (81
M) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 655.7M | 649.2M | 687.6M | 409.6M | Total Revenue | 769.6M | 784.6M | 839.2M | 480.1M |
CommVault Systems fundamental ratios Correlations
Click cells to compare fundamentals
CommVault Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CommVault Systems fundamental ratios Accounts
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Additional 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.