Crowdstrike Holdings Inc (CRWD)

Financial leverage ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	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
Total assets	US$ in thousands	8,701,580	7,782,960	7,202,470	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
Total stockholders’ equity	US$ in thousands	3,279,490	3,057,930	2,852,920	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
Financial leverage ratio		2.65	2.55	2.52	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

January 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,701,580K ÷ $3,279,490K
= 2.65

Crowdstrike Holdings Inc's financial leverage ratio has exhibited a gradual increasing trend from April 2020 to January 2023, indicating a rise in the company's level of financial leverage. This trend peaked at 3.53 in January 2022. Subsequently, the ratio experienced fluctuations but generally remained at elevated levels until October 2023. From January 2024 onwards, there was a declining pattern in the financial leverage ratio, reaching a low of 2.52 in July 2024. The ratio then slightly increased but remained relatively stable until January 2025, reflecting a moderate level of leverage as compared to the earlier periods. Overall, the company's financial leverage ratio showed fluctuations over the analyzed period, with a notable peak in early 2022 followed by a decreasing trend towards the latter years.