Crowdstrike Holdings Inc (CRWD)

Cash ratio

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Cash and cash equivalents	US$ in thousands	3,375,070	2,455,370	1,996,630	1,918,610	264,798
Short-term investments	US$ in thousands	99,591	250,000	0	2,500	647,266
Total current liabilities	US$ in thousands	2,697,280	2,109,070	1,406,830	863,553	493,096
Cash ratio		1.29	1.28	1.42	2.22	1.85

January 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($3,375,070K + $99,591K) ÷ $2,697,280K
= 1.29

The cash ratio of Crowdstrike Holdings Inc has shown some fluctuations over the past five years. The company's cash ratio was 1.85 in January 2020, indicating it had $1.85 in cash and cash equivalents for every $1 of current liabilities. Subsequently, the cash ratio decreased to 2.22 in January 2021, indicating a stronger liquidity position. However, in the following years, the cash ratio decreased further to 1.42 in January 2022, 1.28 in January 2023, and then increased slightly to 1.29 in January 2024.

Overall, the cash ratio of Crowdstrike Holdings Inc has generally remained above 1 in the last five years, indicating that the company has had sufficient cash and cash equivalents to cover its short-term obligations. However, the decreasing trend in recent years may suggest a potential need for the company to closely monitor and manage its liquidity position.