Salesforce (CRM) Debt Metrics
Market Cap: $276.31B
Avg Volume: 5.41M
Industry: Software - Application
Sector: Technology
How much debt does Salesforce have?
According to Salesforce's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Salesforce's total debt stands at $13.56B. This is broken down into:
- Long-term debt: $8.43B
- Short-term debt: $1.89B
The company's net debt, which accounts for cash and cash equivalents, is $6.43B. In terms of overall financial obligations, Salesforce's total liabilities amount to $43.16B.
Debt Ratios and Metrics
To better understand Salesforce's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.17 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 10.03% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 12.38% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 14.75% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Salesforce's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$13.56B
Long-term Debt
$8.43B
Short-term Debt
$1.89B
Net Debt
$6.43B
Total Liabilities
$43.16B
Interest Coverage
0.00
Debt to Equity Ratio
0.17
Debt Ratio
10.03%
Salesforce Historical Debt Metrics
Salesforce Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
---|---|---|---|---|---|---|---|---|---|---|
2024 | $13.56B | $8.43B | $1.89B | $6.43B | $43.16B | 0.17 | 10.03% | 0.00 | 12.38% | 14.75% |
2023 | $14.09B | $12.32B | $1.77B | $7.07B | $40.49B | 0.24 | 14.25% | 10.19 | 17.43% | 19.45% |
2022 | $13.98B | $13.29B | $686.00M | $8.52B | $37.08B | 0.24 | 14.68% | -3.01 | 18.61% | 19.39% |
2021 | $6.28B | $5.51B | $766.00M | $86.00M | $24.81B | 0.15 | 9.47% | -13.61 | 11.73% | 13.15% |
2020 | $5.87B | $5.12B | $750.00M | $1.72B | $21.24B | 0.17 | 10.64% | 1.54 | 13.12% | 14.76% |
2019 | $3.18B | $3.17B | $3.00M | $507.00M | $15.13B | 0.20 | 10.33% | 3.47 | 16.90% | 16.91% |
2018 | $2.50B | $1.37B | $1.13B | $-44.02M | $11.62B | 0.27 | 11.90% | 2.71 | 12.75% | 21.02% |
2017 | $2.71B | $2.69B | $19.59M | $1.10B | $10.08B | 0.36 | 15.41% | 0.72 | 26.40% | 26.54% |
2016 | $2.05B | $2.03B | $15.40M | $890.14M | $7.76B | 0.41 | 16.05% | 1.59 | 28.90% | 29.05% |
2015 | $2.20B | $2.20B | $994.71M | $1.29B | $6.72B | 0.80 | 29.85% | -1.99 | 35.60% | 44.54% |