Crowdstrike Holdings Inc (CRWD)
Current 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 | ||
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Total current assets | US$ in thousands | 4,841,620 | 4,757,310 | 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 | 1,171,640 | 1,053,220 | 1,005,430 |
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 |
Current ratio | 1.80 | 1.76 | 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 | 2.38 | 2.53 | 2.94 |
April 30, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,841,620K ÷ $2,683,690K
= 1.80
The current ratio of Crowdstrike Holdings Inc has shown some fluctuation over the past several periods, ranging from 1.73 to 2.94. A current ratio above 1 indicates that the company has more current assets than current liabilities, which generally signifies the ability to cover short-term obligations.
The current ratio has generally been above 1.7, suggesting a healthy liquidity position. It peaked at 2.94 in July 2019, indicating a strong ability to meet short-term obligations at that time. However, it decreased to 1.73 in January 2023, which may have raised concerns about the company's liquidity position.
Overall, the current ratio has displayed some variability but has generally remained above 1.7, indicating a consistent ability to cover short-term liabilities with current assets. Investors and analysts may want to monitor future trends in the current ratio to assess Crowdstrike Holdings Inc's ongoing liquidity and financial health.
Peer comparison
Apr 30, 2024