Crowdstrike Holdings Inc (CRWD)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.11 | 0.11 | 0.13 | 0.13 | 0.14 | 0.15 | 0.17 | 0.18 | 0.19 | 0.20 | 0.22 | 0.24 | 0.26 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
| Debt-to-equity ratio | 0.29 | 0.32 | 0.37 | 0.40 | 0.46 | 0.51 | 0.56 | 0.60 | 0.67 | 0.72 | 0.78 | 0.82 | 0.87 | 0.85 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
Crowdstrike Holdings Inc's solvency ratios provide insights into the company's ability to meet its long-term financial obligations.
- Debt-to-assets ratio: This ratio measures the proportion of total assets financed by debt. The trend shows a gradual increase from 0.11 in Apr 2022 to 0.27 in Jan 2022, indicating a rising reliance on debt to fund assets.
- Debt-to-capital ratio: This ratio reflects the percentage of a company's capital that comes from debt. The trend reveals an upward trajectory from 0.23 in Apr 2022 to 0.46 in Jan 2021, suggesting a higher proportion of debt in the capital structure.
- Debt-to-equity ratio: This ratio indicates the extent to which debt is used to finance operations compared to equity. The trend shows a consistent increase from 0.29 in Apr 2022 to 0.87 in Jan 2021, portraying a significant increase in debt relative to equity.
- Financial leverage ratio: This ratio measures the extent to which a company relies on debt in its capital structure. The trend fluctuates but generally shows an increase in leverage from 2.70 in Apr 2022 to 3.39 in Jul 2020, highlighting a higher level of financial risk and dependence on debt financing.
Overall, the solvency ratios of Crowdstrike Holdings Inc indicate a growing reliance on debt over the analyzed period, which may increase the company's financial risk and impact its long-term sustainability.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 7.46 | 5.72 | 1.47 | -1.75 | -4.03 | -5.35 | -4.82 | -4.80 | -5.15 | -5.44 | -6.52 | -8.31 | -12.67 | -55.31 | -151.31 | -185.59 | -226.15 | -315.41 |
The interest coverage ratio of Crowdstrike Holdings Inc has fluctuated significantly over the past few years, indicating varying levels of ability to cover interest expenses with operating income.
From April 2020 to October 2020, the interest coverage ratio was considerably low, ranging from -55.31 to -151.31, reflecting a significant deterioration in the company's ability to cover interest costs with its operating earnings.
However, from January 2021 to April 2024, the interest coverage ratio improved consistently, reaching a high of 7.46 in April 2024. This upward trend suggests that Crowdstrike Holdings Inc enhanced its capacity to meet interest obligations with its operating profit during this period.
Overall, the company's interest coverage has shown a marked recovery and improvement in recent periods, indicating a stronger financial position and better ability to manage debt obligations.