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
Does Salesforce (NYSE:CRM) Have A Healthy Balance Sheet?
Apr 15
Is Salesforce (NYSE:CRM) Using Too Much Debt?
Jan 15These 4 Measures Indicate That Salesforce (NYSE:CRM) Is Using Debt Safely
Oct 04Salesforce (NYSE:CRM) Could Easily Take On More Debt
Jul 03Recent updates
Investor Optimism Abounds Salesforce, Inc. (NYSE:CRM) But Growth Is Lacking
May 05Salesforce: Improving Profitability And Robust Cash Flows
May 02Salesforce: On Track To Deliver Solid Revenue Growth
Apr 23Does Salesforce (NYSE:CRM) Have A Healthy Balance Sheet?
Apr 15Salesforce: Assessing Potential Informatica Acquisition Impact On Bullish Thesis
Apr 14Salesforce: Too Far, Too Fast (Rating Downgrade)
Apr 02Salesforce: Currently Overvalued And It Requires A Lot To Revert It (Downgrading To Hold)
Mar 23Salesforce: Outlook For This AI Stock After Recent Downsizing
Mar 14Salesforce: Einstein Can Be Trusted, Thanks To Data Cloud
Mar 02If You Can Predict Cash Flow You Can Predict Stock Price - Austin Hankwitz
Feb 22Salesforce: Valuation Risk Might Be Offset By Einstein AI
Feb 16Why Salesforce, Inc. (NYSE:CRM) Could Be Worth Watching
Jan 29Salesforce: Net Cash, Share Repurchases, Growing Margins, GARP Valuation
Jan 26Salesforce's Evolution Into AI And Focus On Profitability Make It A Long-Term Investment Opportunity
Jan 18Is Salesforce (NYSE:CRM) Using Too Much Debt?
Jan 15Getting In Cheap On Salesforce, Inc. (NYSE:CRM) Is Unlikely
Dec 28Salesforce: Remains Well-Positioned For Further Upside
Dec 26After A 27% Rally, Salesforce Still Has A Lot Of Room For Upside
Dec 13Salesforce Q3: Crushing It With FCF, Buybacks, And Raised Outlook
Dec 05Salesforce: What To Expect From Q3 FY2024 Earnings Report
Nov 27The Issue Preventing Me From Going All In On Salesforce (Earnings Preview)
Nov 21Salesforce, Inc. (NYSE:CRM) Shares Could Be 37% Below Their Intrinsic Value Estimate
Nov 15Salesforce: On A Path To Become The 'Most Profitable Software Company In The World'
Oct 20Why Salesforce, Inc. (NYSE:CRM) Could Be Worth Watching
Oct 18These 4 Measures Indicate That Salesforce (NYSE:CRM) Is Using Debt Safely
Oct 04Salesforce Could Start A Surging Run From Here - Add Before It Takes Off
Sep 29Salesforce Is A Tr(AI)lblazer, Catch It While You Can
Sep 19Salesforce's AI Conundrum
Sep 08Salesforce Q2 Earning Preview: Revenue Grows Uncertain, Margin Narrative Remains Intact
Aug 27Salesforce: Generative AI, Rising Profit Margins, Share Repurchases To Boost Stock
Aug 13Salesforce, Inc. (NYSE:CRM) Shares Could Be 29% Below Their Intrinsic Value Estimate
Jul 31Salesforce: Positive On Price Hikes
Jul 13Salesforce (NYSE:CRM) Could Easily Take On More Debt
Jul 03Salesforce: Huge Rally And More Likely To Come
Jun 27Salesforce And Google: 2 Winning Tech Titans In A New AI Partnership, One Winning Stock
Jun 21Financial 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).