Salesforce.com Inc (CRM)

Current ratio

		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	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Total current assets	US$ in thousands	29,074,000	20,202,000	21,138,000	21,981,000	26,395,000	19,209,000	21,246,000	20,411,000	22,850,000	15,957,000	16,256,000	20,444,000	21,889,000	14,946,000	14,846,000	14,713,000	15,963,000	11,026,000	9,903,000	10,035,000
Total current liabilities	US$ in thousands	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	14,845,000	10,474,000	10,195,000	10,488,000
Current ratio		1.09	1.04	1.02	1.02	1.02	1.05	1.06	1.03	1.05	1.06	0.93	1.33	1.23	1.22	1.15	1.15	1.08	1.05	0.97	0.96

January 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $29,074,000K ÷ $26,631,000K
= 1.09

The current ratio of Salesforce Inc has shown some fluctuations over the past eight quarters. It increased to 1.09 in Q4 2024, which indicates that the company had $1.09 in current assets for every $1 in current liabilities during that period. This was an improvement compared to the previous three quarters where the current ratio ranged from 1.02 to 1.04.

Looking further back, the current ratio was relatively stable around 1.05 in Q3 and Q2 2023, but slightly lower at 1.03 in Q1 2023. Overall, while the current ratio has varied, it has generally remained above 1, which suggests that Salesforce Inc has been able to meet its short-term obligations effectively throughout the analyzed period.