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
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)