Salesforce.com Inc (CRM)
Interest coverage
| 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 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 5,011,000 | 3,746,000 | 2,705,000 | 1,422,000 | 1,030,000 | 497,000 | 75,000 | 214,000 | 548,000 | 917,000 | 1,103,000 | 949,000 | 455,000 | 226,000 | 67,000 | -53,000 | 297,000 | 613,000 | 716,000 | 928,000 |
| Interest expense (ttm) | US$ in thousands | 214,000 | 277,000 | 282,000 | 288,000 | 288,000 | 301,000 | 298,000 | 262,000 | 221,000 | 195,000 | 148,000 | 133,000 | 125,000 | 105,000 | 111,000 | 120,000 | 130,000 | 141,000 | 150,000 | 155,000 |
| Interest coverage | 23.42 | 13.52 | 9.59 | 4.94 | 3.58 | 1.65 | 0.25 | 0.82 | 2.48 | 4.70 | 7.45 | 7.14 | 3.64 | 2.15 | 0.60 | -0.44 | 2.28 | 4.35 | 4.77 | 5.99 |
January 31, 2024 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $5,011,000K ÷ $214,000K
= 23.42
As the interest coverage ratio is not available for any of the quarters provided, it is not possible to assess Salesforce Inc's ability to meet its interest obligations solely based on this data. The interest coverage ratio is typically calculated by dividing a company's earnings before interest and taxes (EBIT) by its interest expense. A higher interest coverage ratio indicates a company's stronger ability to cover interest payments from its operating income. Without access to this specific ratio data, a holistic assessment of Salesforce Inc's financial health and its ability to manage its interest obligations cannot be made at this time.
Peer comparison
Jan 31, 2024