Salesforce.com Inc (CRM)

Debt-to-equity 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-equity ratio		0.14	0.14	0.15	0.14	0.14	0.15	0.15	0.16	0.16	0.16	0.16	0.16	0.18	0.19	0.19	0.06	0.06	0.07	0.07	0.08

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 of Salesforce.com Inc has shown a decreasing trend from 0.08 as of April 30, 2020, to 0.14 as of January 31, 2025. This indicates that the company has been gradually reducing its reliance on debt to finance its operations and investments in relation to shareholders' equity over the period under review. Maintaining a lower debt-to-equity ratio generally signifies a lower financial risk and a stronger financial position. However, the slight increase observed in the ratio from July 31, 2022, to July 31, 2024, suggests a temporary increase in debt relative to equity during that period. It would be essential to monitor future changes in the debt-to-equity ratio to assess the company's ongoing capital structure and financial health.