Crowdstrike Holdings Inc (CRWD)

Debt-to-assets ratio

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Long-term debt	US$ in thousands	742,494	741,005	739,517	738,029	0
Total assets	US$ in thousands	6,646,520	5,026,540	3,618,380	2,732,530	1,404,910
Debt-to-assets ratio		0.11	0.15	0.20	0.27	0.00

January 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $742,494K ÷ $6,646,520K
= 0.11

The debt-to-assets ratio of Crowdstrike Holdings Inc has exhibited a decreasing trend over the past five years, indicating a lower reliance on debt to finance its assets. As of January 31, 2024, the company's debt-to-assets ratio stands at 0.11, implying that only 11% of its assets are financed by debt, while the remaining portion is funded by equity. This suggests a strong financial position with a lower risk of financial distress due to excessive debt burden. The progressive decline in the debt-to-assets ratio reflects effective management of financial leverage and prudent capital structure decisions by the company. Additionally, the absence of debt financing in January 31, 2020, underscores a period of being debt-free, which may have positively impacted the company's financial flexibility and resilience during that time.