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


See also:

Crowdstrike Holdings Inc Debt to Capital (Quarterly Data)