Salesforce.com Inc (CRM)

Interest coverage

Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 5,011,000 1,030,000 548,000 455,000 297,000
Interest expense US$ in thousands 29,000 297,000 221,000 125,000 130,000
Interest coverage 172.79 3.47 2.48 3.64 2.28

January 31, 2024 calculation

Interest coverage = EBIT ÷ Interest expense
= $5,011,000K ÷ $29,000K
= 172.79

To calculate the interest coverage ratio for Salesforce Inc, we first need to have the necessary financial data which includes EBIT (Earnings Before Interest and Taxes) and the amount of interest expense. In this case, the data for the interest coverage ratio is not provided in the table for the years Jan 31, 2020 to Jan 31, 2023.

However, the interest coverage ratio is a measure of a company's ability to pay its interest obligations on outstanding debt. It is calculated by dividing EBIT by the interest expense. A higher interest coverage ratio indicates that the company is more capable of meeting its interest payment obligations.

Without the specific data for EBIT and interest expense, it is not possible to calculate or analyze the interest coverage ratio for Salesforce Inc for the years in question. It is recommended to refer to the company's financial reports or statements to obtain the necessary data for a detailed analysis of the interest coverage ratio over the years.


Peer comparison

Jan 31, 2024


See also:

Salesforce.com Inc Interest Coverage