Salesforce Balance Sheet Health
Financial Health criteria checks 6/6
Salesforce has a total shareholder equity of $59.6B and total debt of $9.4B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are $99.8B and $40.2B respectively. Salesforce's EBIT is $6.0B making its interest coverage ratio 206.9. It has cash and short-term investments of $14.2B.
Key information
15.8%
Debt to equity ratio
US$9.43b
Debt
Interest coverage ratio | 206.9x |
Cash | US$14.19b |
Equity | US$59.65b |
Total liabilities | US$40.18b |
Total assets | US$99.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRM's short term assets ($29.1B) exceed its short term liabilities ($26.6B).
Long Term Liabilities: CRM's short term assets ($29.1B) exceed its long term liabilities ($13.5B).
Debt to Equity History and Analysis
Debt Level: CRM has more cash than its total debt.
Reducing Debt: CRM's debt to equity ratio has reduced from 20.3% to 15.8% over the past 5 years.
Debt Coverage: CRM's debt is well covered by operating cash flow (108.6%).
Interest Coverage: CRM's interest payments on its debt are well covered by EBIT (206.9x coverage).