Crowdstrike Holdings Inc (CRWD)
Financial leverage 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 assets | US$ in thousands | 6,841,980 | 6,646,520 | 5,831,060 | 5,520,460 | 5,137,860 | 5,026,540 | 4,469,440 | 4,154,240 | 3,835,840 | 3,618,380 | 3,299,620 | 3,136,040 | 2,881,170 | 2,732,530 | 1,749,510 | 1,616,950 | 1,519,400 | 1,404,910 | 1,256,050 | 1,171,590 |
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 |
Financial leverage ratio | 2.70 | 2.88 | 2.87 | 3.00 | 3.20 | 3.43 | 3.40 | 3.39 | 3.48 | 3.53 | 3.48 | 3.47 | 3.39 | 3.14 | 2.15 | 2.04 | 2.02 | 1.89 | 1.75 | 1.61 |
April 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,841,980K ÷ $2,535,540K
= 2.70
The financial leverage ratio of Crowdstrike Holdings Inc has shown a fluctuating trend over the periods indicated. The ratio indicates the company's level of debt relative to its equity, with higher ratios suggesting higher financial risk due to increased reliance on debt financing.
The ratio has generally been on an upward trend from 2019 to 2020, reaching a peak of 3.53 in Jan 2022 before slightly declining in recent periods. This indicates that the company has been utilizing more debt to finance its operations compared to equity. It is worth noting that the ratio has significantly increased from 2019 to 2022, reflecting a shift towards higher indebtedness.
Although the ratio has decreased in recent periods, it still remains relatively high, indicating that Crowdstrike Holdings Inc continues to have a substantial amount of debt in its capital structure. Investors and analysts may want to closely monitor this ratio to assess the company's ability to manage and service its debt obligations, as a high financial leverage ratio can increase the company's financial vulnerability, especially during economic downturns or unforeseen challenges.
Peer comparison
Apr 30, 2024
See also:
Crowdstrike Holdings Inc Financial Leverage (Quarterly Data)