Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

Balance Sheet: Assets 

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Salesforce Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Jan 31, 2022 Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017
Cash and cash equivalents 5,464 6,195 4,145 2,669 2,543 1,607
Marketable securities 5,073 5,771 3,802 1,673 1,978 602
Accounts receivable, net 9,739 7,786 6,174 4,924 3,917 3,197
Costs capitalized to obtain revenue contracts, net 1,454 1,146 926 788 461 312
Prepaid expenses and other current assets 1,120 991 916 629 390 280
Current assets 22,850 21,889 15,963 10,683 9,290 5,997
Property and equipment, net 2,815 2,459 2,375 2,051 1,947 1,788
Operating lease right-of-use assets, net 2,880 3,204 3,040
Noncurrent costs capitalized to obtain revenue contracts, net 2,342 1,715 1,348 1,232 413 228
Strategic investments 4,784 3,909 1,963 1,302 677 567
Goodwill 47,937 26,318 25,134 12,851 7,314 7,264
Intangible assets acquired through business combinations, net 8,978 4,114 4,724 1,923 826 1,113
Deferred tax assets and other assets, net 2,623 2,693 579 695 542 629
Noncurrent assets 72,359 44,412 39,163 20,054 11,719 11,588
Total assets 95,209 66,301 55,126 30,737 21,010 17,585

Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Salesforce Inc. current assets increased from 2020 to 2021 and from 2021 to 2022.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Salesforce Inc. property and equipment, net increased from 2020 to 2021 and from 2021 to 2022.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Salesforce Inc. noncurrent assets increased from 2020 to 2021 and from 2021 to 2022.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Salesforce Inc. total assets increased from 2020 to 2021 and from 2021 to 2022.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Salesforce Inc. cash and cash equivalents increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.
Marketable securities Amount of investment in marketable security, classified as current. Salesforce Inc. marketable securities increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Salesforce Inc. accounts receivable, net increased from 2020 to 2021 and from 2021 to 2022.