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, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020 Jan 31, 2019
Cash and cash equivalents 8,472 7,016 5,464 6,195 4,145 2,669
Marketable securities 5,722 5,492 5,073 5,771 3,802 1,673
Accounts receivable, net 11,414 10,755 9,739 7,786 6,174 4,924
Costs capitalized to obtain revenue contracts, net 1,905 1,776 1,454 1,146 926 788
Prepaid expenses and other current assets 1,561 1,356 1,120 991 916 629
Current assets 29,074 26,395 22,850 21,889 15,963 10,683
Property and equipment, net 3,689 3,702 2,815 2,459 2,375 2,051
Operating lease right-of-use assets, net 2,366 2,890 2,880 3,204 3,040
Noncurrent costs capitalized to obtain revenue contracts, net 2,515 2,697 2,342 1,715 1,348 1,232
Strategic investments 4,848 4,672 4,784 3,909 1,963 1,302
Goodwill 48,620 48,568 47,937 26,318 25,134 12,851
Intangible assets acquired through business combinations, net 5,278 7,125 8,978 4,114 4,724 1,923
Deferred tax assets and other assets, net 3,433 2,800 2,623 2,693 579 695
Noncurrent assets 70,749 72,454 72,359 44,412 39,163 20,054
Total assets 99,823 98,849 95,209 66,301 55,126 30,737

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 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).


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 2022 to 2023 and from 2023 to 2024.
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 2022 to 2023 but then slightly decreased from 2023 to 2024.
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 2022 to 2023 but then decreased significantly from 2023 to 2024.
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 2022 to 2023 and from 2023 to 2024.

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 2022 to 2023 and from 2023 to 2024.
Marketable securities Amount of investment in marketable security, classified as current. Salesforce Inc. marketable securities increased from 2022 to 2023 and from 2023 to 2024.
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 2022 to 2023 and from 2023 to 2024.