Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

Balance Sheet: Assets
Quarterly Data

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 (quarterly data)

US$ in millions

Microsoft Excel
Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Cash and cash equivalents 8,472 6,453 6,772 9,155 7,016 6,076 6,931 6,859 5,464 4,753 6,299 8,544 6,195 3,724 4,052 5,772 4,145 3,868 3,510 4,110 2,669 2,105 2,319 5,922
Marketable securities 5,722 5,410 5,625 4,822 5,492 5,842 6,602 6,644 5,073 4,638 3,351 6,479 5,771 5,768 5,231 4,030 3,802 2,661 2,532 2,269 1,673 1,345 1,108 1,237
Accounts receivable, net 11,414 4,850 5,400 4,632 10,755 4,275 4,745 3,952 9,739 4,019 4,074 3,174 7,786 3,316 3,445 3,076 6,174 2,573 2,332 2,153 4,924 2,037 1,980 1,763
Costs capitalized to obtain revenue contracts, net 1,905 1,757 1,781 1,772 1,776 1,549 1,531 1,478 1,454 1,242 1,211 1,166 1,146 1,017 948 881 926 813 786 786 788 683 669 667
Prepaid expenses and other current assets 1,561 1,732 1,560 1,600 1,356 1,467 1,437 1,478 1,120 1,305 1,321 1,081 991 1,121 1,170 954 916 1,111 743 717 629 700 726 562
Current assets 29,074 20,202 21,138 21,981 26,395 19,209 21,246 20,411 22,850 15,957 16,256 20,444 21,889 14,946 14,846 14,713 15,963 11,026 9,903 10,035 10,683 6,870 6,802 10,151
Property and equipment, net 3,689 3,807 3,876 3,695 3,702 3,514 3,375 2,868 2,815 2,768 2,711 2,490 2,459 2,564 2,528 2,518 2,375 2,365 2,283 2,243 2,051 1,998 1,986 1,950
Operating lease right-of-use assets, net 2,366 2,518 2,575 2,646 2,890 2,904 2,727 2,913 2,880 2,909 3,123 3,065 3,204 2,962 2,985 2,983 3,040 3,150 2,904 2,854
Noncurrent costs capitalized to obtain revenue contracts, net 2,515 2,194 2,352 2,506 2,697 2,301 2,367 2,323 2,342 1,850 1,820 1,736 1,715 1,462 1,309 1,171 1,348 1,103 1,105 1,149 1,232 983 999 1,038
Strategic investments 4,848 4,774 4,778 4,633 4,672 5,124 5,124 4,936 4,784 4,004 4,105 3,944 3,909 3,927 2,555 1,902 1,963 1,760 1,614 1,548 1,302 1,251 1,202 1,024
Goodwill 48,620 48,614 48,566 48,567 48,568 48,555 48,568 48,319 47,937 47,951 48,103 26,640 26,318 26,313 26,301 25,266 25,134 25,022 13,199 12,854 12,851 12,848 12,254 7,444
Intangible assets acquired through business combinations, net 5,278 5,737 6,182 6,654 7,125 7,598 8,072 8,559 8,978 9,472 9,746 3,925 4,114 4,398 4,676 4,488 4,724 4,987 1,725 1,794 1,923 2,053 1,976 815
Deferred tax assets and other assets, net 3,433 3,176 2,980 2,859 2,800 2,679 2,669 2,693 2,623 2,525 2,794 2,641 2,693 2,564 2,580 582 579 529 603 677 695 585 604 541
Noncurrent assets 70,749 70,820 71,309 71,560 72,454 72,675 72,902 72,611 72,359 71,479 72,402 44,441 44,412 44,190 42,934 38,910 39,163 38,916 23,433 23,119 20,054 19,718 19,021 12,812
Total assets 99,823 91,022 92,447 93,541 98,849 91,884 94,148 93,022 95,209 87,436 88,658 64,885 66,301 59,136 57,780 53,623 55,126 49,942 33,336 33,154 30,737 26,588 25,823 22,963

Based on: 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).


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 decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
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 decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 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 decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 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 decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.

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 decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
Marketable securities Amount of investment in marketable security, classified as current. Salesforce Inc. marketable securities decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
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 decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.