Crowdstrike Holdings Inc (CRWD)
Debt-to-capital 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | 742,866 | 742,494 | 742,122 | 741,750 | 741,377 | 741,005 | 740,633 | 740,261 | 739,889 | 739,517 | 739,145 | 738,772 | 738,400 | 738,029 | — | — | — | 0 | — | — |
Total stockholders’ equity | US$ in thousands | 2,535,540 | 2,303,950 | 2,028,950 | 1,838,210 | 1,605,300 | 1,463,640 | 1,314,290 | 1,225,420 | 1,102,540 | 1,025,760 | 948,182 | 904,268 | 849,264 | 870,574 | 813,485 | 790,965 | 752,153 | 742,107 | 717,042 | 728,097 |
Debt-to-capital ratio | 0.23 | 0.24 | 0.27 | 0.29 | 0.32 | 0.34 | 0.36 | 0.38 | 0.40 | 0.42 | 0.44 | 0.45 | 0.47 | 0.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $742,866K ÷ ($742,866K + $2,535,540K)
= 0.23
Crowdstrike Holdings Inc's debt-to-capital ratio has been showing a generally increasing trend over the past few periods, starting at 0.23 in April 2024 and rising to 0.47 by January 2021. This suggests that the company's reliance on debt in its capital structure has been growing steadily over time.
The higher the ratio, the higher the financial risk associated with the company due to its higher level of debt obligations relative to its total capital. A higher debt-to-capital ratio can indicate potential concerns regarding the company's ability to meet its debt obligations, especially in challenging economic conditions.
It is worth noting that from April 2020 to January 2021, the ratio suddenly dropped to 0, indicating a period where the company may have had no debt or significantly reduced its debt relative to its capital. This could be due to various reasons such as debt repayment, capital restructuring, or other strategic decisions by the company.
In conclusion, the increasing trend in Crowdstrike Holdings Inc's debt-to-capital ratio highlights its growing reliance on debt financing, which may indicate an increase in financial risk and require careful monitoring by investors and stakeholders.
Peer comparison
Apr 30, 2024