Salesforce (CRM) Quick Ratio

Price: $288.51
Market Cap: $275.82B
Avg Volume: 5.41M
Country: US
Industry: Software - Application
Sector: Technology
Beta: 1.3
52W Range: $193.68-318.71
Website: Salesforce

Salesforce Quick Ratio

  • Annual: 1.02
  • Quarterly: 0.95
  • TTM: 0.95

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess Salesforce's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 1.02
    • Quarterly: 0.95
    • TTM: 0.95
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.27
    • Quarterly: 0.29
    • TTM: 0.29

These metrics provide insights into Salesforce's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

1.02

Quarterly Quick Ratio

0.95

TTM Quick Ratio

0.95

Salesforce Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio

Salesforce Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Quick Ratio Current Ratio Cash Ratio
2024 1.02 1.02 0.27
2023 0.95 1.02 0.27
2022 0.98 1.05 0.25
2021 1.17 1.23 0.35
2020 1.01 1.08 0.28
2019 0.88 0.95 0.24
2018 0.92 0.92 0.25
2017 0.83 0.83 0.22
2016 0.69 0.77 0.21
2015 0.66 0.81 0.21