Salesforce.com Inc (CRM)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 8,848,000 | 7,997,000 | 7,682,000 | 9,958,000 | 8,472,000 | 6,453,000 | 6,772,000 | 9,155,000 | 7,016,000 | 6,076,000 | 6,931,000 | 6,859,000 | 5,464,000 | 4,753,000 | 6,299,000 | 8,544,000 | 6,195,000 | 3,724,000 | 4,052,000 | 5,772,000 |
| Short-term investments | US$ in thousands | 5,253,000 | 4,832,000 | 5,019,000 | 7,795,000 | 5,802,000 | 5,461,000 | 5,677,000 | 4,864,000 | 5,540,000 | 6,021,000 | 6,827,000 | 6,890,000 | 5,443,000 | 5,241,000 | 4,362,000 | 7,830,000 | 7,839,000 | 8,029,000 | 6,095,000 | 4,030,000 |
| Total current liabilities | US$ in thousands | 27,980,000 | 19,375,000 | 21,001,000 | 23,149,000 | 26,631,000 | 19,394,000 | 20,805,000 | 21,626,000 | 25,891,000 | 18,227,000 | 20,080,000 | 19,899,000 | 21,788,000 | 15,035,000 | 17,393,000 | 15,323,000 | 17,728,000 | 12,234,000 | 12,963,000 | 12,843,000 |
| Cash ratio | 0.50 | 0.66 | 0.60 | 0.77 | 0.54 | 0.61 | 0.60 | 0.65 | 0.48 | 0.66 | 0.69 | 0.69 | 0.50 | 0.66 | 0.61 | 1.07 | 0.79 | 0.96 | 0.78 | 0.76 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($8,848,000K
+ $5,253,000K)
÷ $27,980,000K
= 0.50
The cash ratio of Salesforce.com Inc has shown fluctuations over the period from April 30, 2020, to January 31, 2025. The ratio started at 0.76 on April 30, 2020, indicating that the company had $0.76 in cash available to cover each $1 of its current liabilities.
The ratio reached its highest point of 1.07 on April 30, 2021, reflecting a strong liquidity position at that time. However, there was a significant drop in the cash ratio to 0.50 on January 31, 2022, suggesting a decrease in the company's ability to cover its short-term obligations with cash.
The ratio fluctuated further over the subsequent periods but generally stayed within the range of 0.48 to 0.77. By January 31, 2025, the cash ratio stood at 0.50, indicating that Salesforce.com Inc had $0.50 in cash for every $1 of current liabilities.
Overall, the cash ratio trend of Salesforce.com Inc reflects varying levels of liquidity and highlights the importance of closely monitoring the company's ability to meet its short-term obligations with available cash reserves.
Peer comparison
Jan 31, 2025