Salesforce Balance Sheet Health
Financial Health criteria checks 6/6
Salesforce has a total shareholder equity of $57.6B and total debt of $8.4B, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are $92.2B and $34.5B respectively. Salesforce's EBIT is $7.0B making its interest coverage ratio -119.8. It has cash and short-term investments of $12.6B.
Key information
14.6%
Debt to equity ratio
US$8.43b
Debt
| Interest coverage ratio | -119.8x |
| Cash | US$12.64b |
| Equity | US$57.63b |
| Total liabilities | US$34.55b |
| Total assets | US$92.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSFO34's short term assets ($21.9B) exceed its short term liabilities ($21.0B).
Long Term Liabilities: SSFO34's short term assets ($21.9B) exceed its long term liabilities ($13.5B).
Debt to Equity History and Analysis
Debt Level: SSFO34 has more cash than its total debt.
Reducing Debt: SSFO34's debt to equity ratio has reduced from 17.3% to 14.6% over the past 5 years.
Debt Coverage: SSFO34's debt is well covered by operating cash flow (143.2%).
Interest Coverage: SSFO34 earns more interest than it pays, so coverage of interest payments is not a concern.