Salesforce.com Inc (CRM)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 29,727,000 | 21,425,000 | 21,862,000 | 25,604,000 | 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 |
| 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 |
| Current ratio | 1.06 | 1.11 | 1.04 | 1.11 | 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 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $29,727,000K ÷ $27,980,000K
= 1.06
The current ratio of Salesforce.com Inc has displayed some fluctuations over the past few years, ranging from a low of 0.93 on July 31, 2021, to a high of 1.33 on April 30, 2021. This ratio measures the company's ability to cover its short-term liabilities with its current assets. A current ratio of 1 indicates that the company has just enough current assets to cover its current liabilities.
Overall, the current ratio has generally stayed above 1, indicating that Salesforce.com Inc has been able to meet its short-term obligations with its current assets. However, the slight decline in the ratio in recent periods, reaching 1.02 on October 31, 2023, and January 31, 2024, may be a point of concern as it suggests a potential strain on the company's liquidity position.
It is important for investors and stakeholders to closely monitor the company's current ratio to ensure that Salesforce.com Inc maintains a healthy liquidity position to meet its short-term financial obligations effectively.
Peer comparison
Jan 31, 2025