Salesforce.com Inc (CRM)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.08 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.11 | 0.12 | 0.12 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.09 | 0.10 |
| Debt-to-capital ratio | 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 | 0.07 | 0.08 | 0.15 | 0.16 |
| Debt-to-equity ratio | 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 | 0.08 | 0.08 | 0.17 | 0.19 |
| Financial leverage ratio | 1.67 | 1.57 | 1.59 | 1.63 | 1.69 | 1.55 | 1.57 | 1.58 | 1.64 | 1.53 | 1.60 | 1.52 | 1.60 | 1.47 | 1.50 | 1.55 | 1.63 | 1.50 | 1.94 | 2.02 |
Solvency ratios are key indicators of a company's ability to meet its long-term obligations and financial stability. Examining the solvency ratios of Salesforce Inc over the past eight quarters, we observe a consistent trend of improvement in certain metrics.
The debt-to-assets ratio remained relatively stable around 0.10, indicating that Salesforce Inc finances a small portion of its total assets through debt. This suggests a conservative approach to leverage and a strong asset base to support its operations.
The debt-to-capital ratio also demonstrated stability at around 0.14, indicating that debt contributes moderately to the company's capital structure. This suggests a balanced mix of debt and equity financing, promoting financial stability and flexibility.
The debt-to-equity ratio remained relatively stable in the range of 0.16 to 0.18, indicating that Salesforce Inc has a moderate level of financial leverage. This implies that the company relies more on equity financing than debt, which can be favorable in terms of financial risk and sustainability.
The financial leverage ratio fluctuated slightly but generally improved over the quarters, showing a decreasing trend from 1.69 to 1.57. A lower financial leverage ratio indicates that a smaller portion of the company's assets are financed by debt, which can enhance financial stability and reduce the risk of insolvency.
Overall, the solvency ratios of Salesforce Inc reflect a prudent approach to managing its capital structure and financial obligations, with a focus on maintaining a healthy balance between debt and equity financing. This steady performance suggests a strong financial position and the ability to meet long-term liabilities effectively.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
I'm sorry, but the table provided does not contain any data related to interest coverage for Salesforce Inc. In order to analyze the interest coverage for the company, we would need relevant financial information such as EBIT (earnings before interest and taxes) and interest expense for the corresponding periods. Without this data, it is not possible to calculate or analyze the interest coverage ratio for Salesforce Inc.