Salesforce.com Inc (CRM)
Debt-to-equity ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 8,433,000 | 8,427,000 | 9,419,000 | 10,592,000 | 2,673,000 |
| Total stockholders’ equity | US$ in thousands | 61,173,000 | 59,646,000 | 58,359,000 | 58,131,000 | 41,493,000 |
| Debt-to-equity ratio | 0.14 | 0.14 | 0.16 | 0.18 | 0.06 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $8,433,000K ÷ $61,173,000K
= 0.14
The debt-to-equity ratio for Salesforce.com Inc shows a consistent trend from January 31, 2021, to January 31, 2025. The ratio increased from 0.06 in January 2021 to 0.18 in January 2022, signaling an increase in the company's reliance on debt financing relative to equity. However, there was a slight decrease in the ratio to 0.16 in January 2023, followed by a further decline to 0.14 in both January 2024 and January 2025.
Overall, the company's debt-to-equity ratio indicates that it has been maintaining a relatively conservative capital structure, with a moderate level of debt in relation to equity over the years. This suggests that Salesforce.com Inc has been managing its debt levels effectively while still utilizing debt as a part of its capital structure to support its growth and operations.
Peer comparison
Jan 31, 2025