Crowdstrike Holdings Inc (CRWD)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 4,323,300 | 4,260,320 | 4,038,540 | 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 |
| Short-term investments | US$ in thousands | 0 | 0 | 0 | 0 | 99,591 | 197,522 | 0 | 100,000 | 250,000 | — | — | — | — | — | 14,165 | 8,165 | 2,500 | 2,500 | 0 | 0 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick ratio | 1.25 | 1.42 | 1.48 | 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 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($4,323,300K
+ $0K
+ $—K)
÷ $3,461,050K
= 1.25
The quick ratio, also known as the acid-test ratio, measures a company's ability to cover its short-term liabilities with its most liquid assets. For Crowdstrike Holdings Inc, the trend in the quick ratio over the past few years has shown fluctuations but generally a stable liquidity position.
From January 31, 2021, to January 31, 2025, the quick ratio of Crowdstrike Holdings Inc ranged from a high of 2.22 to a low of 1.25. This indicates that the company has consistently maintained a quick ratio above 1, which generally suggests that it has enough liquid assets to cover its short-term obligations.
The quick ratio peaked at 2.22 on January 31, 2021, indicating a strong ability to meet short-term liabilities with highly liquid assets. Subsequently, the ratio experienced some decline, dropping to 1.25 on January 31, 2025. This downward trend may suggest a slight reduction in the company's liquidity position over this period.
Overall, while there have been fluctuations in the quick ratio of Crowdstrike Holdings Inc, the company has generally maintained a healthy liquidity position, with a quick ratio consistently above 1. This indicates a capacity to meet short-term obligations using its readily available liquid assets.
Peer comparison
Jan 31, 2025