Crowdstrike Holdings Inc (CRWD)

Current ratio

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Total current assets	US$ in thousands	4,757,310	3,640,270	2,570,950	2,292,270	1,171,640
Total current liabilities	US$ in thousands	2,697,280	2,109,070	1,406,830	863,553	493,096
Current ratio		1.76	1.73	1.83	2.65	2.38

January 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $4,757,310K ÷ $2,697,280K
= 1.76

The current ratio of Crowdstrike Holdings Inc has shown some fluctuation over the past five years, ranging from a low of 1.73 in January 2023 to a high of 2.65 in January 2021. As of January 31, 2024, the current ratio stands at 1.76.

A current ratio above 1 indicates that the company has more current assets than current liabilities, providing a cushion to meet short-term obligations. While a higher current ratio is generally favorable as it signifies a greater ability to cover short-term debts, the decreasing trend in Crowdstrike's current ratio over the past two years may raise concerns about its liquidity management or changes in its operating environment.

It would be essential for stakeholders to closely monitor and analyze the factors influencing this trend to ensure that Crowdstrike maintains a healthy balance between its current assets and liabilities for continued financial stability.