Crowdstrike Holdings Inc (CRWD)

Cash ratio

		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	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Cash and cash equivalents	US$ in thousands	3,702,440	3,375,070	2,968,870	3,167,220	2,829,680	2,455,370	2,466,550	2,318,860	2,152,740	1,996,630	1,907,510	1,787,050	1,685,000	1,918,610	1,059,930	1,064,730	1,004,990	264,798	743,605	732,808
Short-term investments	US$ in thousands	0	99,591	197,522	0	100,000	250,000	—	—	—	0	—	14,165	8,165	2,500	2,500	—	—	647,266	90,083	94,003
Total current liabilities	US$ in thousands	2,683,690	2,697,280	2,350,420	2,229,460	2,080,060	2,109,070	1,817,050	1,649,250	1,497,100	1,406,830	1,241,550	1,136,830	982,765	863,553	702,039	603,292	555,644	493,096	415,604	341,781
Cash ratio		1.38	1.29	1.35	1.42	1.41	1.28	1.36	1.41	1.44	1.42	1.54	1.58	1.72	2.22	1.51	1.76	1.81	1.85	2.01	2.42

April 30, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($3,702,440K + $0K) ÷ $2,683,690K
= 1.38

The cash ratio of Crowdstrike Holdings Inc has exhibited some fluctuations over the past several quarters. The cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents.

From April 2023 to January 2024, the cash ratio increased from 1.41 to 1.29, indicating a slight decrease in liquidity. However, from January 2024 to April 2024, the ratio improved from 1.29 to 1.38, suggesting an increase in liquidity.

Comparing the most recent ratio of 1.38 to historical data, it is slightly higher than the average cash ratio observed over the past several quarters. This indicates that Crowdstrike Holdings Inc has a relatively healthy level of cash to cover its short-term obligations.

Overall, the trend in the cash ratio for Crowdstrike Holdings Inc suggests that the company has been effectively managing its cash position to meet its short-term financial needs. Investors and stakeholders may view the company positively due to its ability to maintain a healthy cash ratio.