Salesforce.com Inc (CRM)

Debt-to-capital 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
Long-term debt	US$ in thousands	8,433,000	8,432,000	8,430,000	8,429,000	8,427,000	8,426,000	8,424,000	9,421,000	9,419,000	9,418,000	9,416,000	9,595,000	10,592,000	10,591,000	10,589,000	2,672,000	2,673,000	2,672,000	2,673,000	2,673,000
Total stockholders’ equity	US$ in thousands	61,173,000	58,525,000	57,633,000	59,683,000	59,646,000	58,090,000	58,082,000	57,412,000	58,359,000	59,351,000	60,098,000	58,876,000	58,131,000	57,054,000	55,520,000	42,567,000	41,493,000	40,310,000	38,440,000	34,565,000
Debt-to-capital ratio		0.12	0.13	0.13	0.12	0.12	0.13	0.13	0.14	0.14	0.14	0.14	0.14	0.15	0.16	0.16	0.06	0.06	0.06	0.07	0.07

January 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $8,433,000K ÷ ($8,433,000K + $61,173,000K)
= 0.12

The debt-to-capital ratio of Salesforce.com Inc has shown a steady decline over the period from April 30, 2020, to January 31, 2025, indicating an improved financial position in terms of leverage. The ratio decreased from 0.07 as of April 30, 2020, to 0.12 as of January 31, 2025. This downward trend suggests that the company has been effectively managing its debt levels relative to its total capital structure. Investors and creditors may view this positively as a lower debt-to-capital ratio typically signifies lower financial risk and greater solvency for the company. However, it is important to continue monitoring this ratio in future periods to ensure the company maintains a healthy balance between debt and capital.