Crowdstrike Holdings Inc (CRWD)
Current ratio
Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | 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 | ||
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Total current assets | US$ in thousands | 6,113,340 | 5,572,330 | 5,181,650 | 4,596,970 | 4,510,940 | 4,079,130 | 4,050,390 | 3,708,770 | 3,640,270 | 3,203,610 | 2,975,980 | 2,733,060 | 2,570,950 | 2,360,090 | 2,252,020 | 2,038,000 | 2,292,270 | 1,340,800 | 1,315,980 | 1,248,460 |
Total current liabilities | US$ in thousands | 3,461,050 | 3,000,380 | 2,728,320 | 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 |
Current ratio | 1.77 | 1.86 | 1.90 | 1.71 | 1.67 | 1.74 | 1.82 | 1.78 | 1.73 | 1.76 | 1.80 | 1.83 | 1.83 | 1.90 | 1.98 | 2.07 | 2.65 | 1.91 | 2.18 | 2.25 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $6,113,340K ÷ $3,461,050K
= 1.77
Crowdstrike Holdings Inc's current ratio has varied over the periods analyzed. The current ratio, which measures the company's ability to cover short-term obligations with its current assets, was relatively stable around 2.0 from April 2020 to April 2021, indicating a healthy liquidity position. However, there was a noticeable decline in the current ratio to 1.83 as of January 2022.
Subsequently, the current ratio continued to decrease gradually to 1.67 by January 2024, indicating a potential strain on the company's liquidity position and ability to meet short-term obligations. However, there was a slight improvement in the current ratio to 1.77 as of January 2025.
Overall, the trend in Crowdstrike Holdings Inc's current ratio shows some fluctuations but generally maintaining above 1.5, which is considered the minimum acceptable level for most industries. It is essential for the company to closely monitor its liquidity position to ensure it can meet its short-term financial obligations effectively.
Peer comparison
Jan 31, 2025