Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

$24.99

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, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Cash and cash equivalents
Marketable securities
Accounts receivable, net
Costs capitalized to obtain revenue contracts, net
Prepaid expenses and other current assets
Current assets
Property and equipment, net
Operating lease right-of-use assets, net
Noncurrent costs capitalized to obtain revenue contracts, net
Strategic investments
Goodwill
Intangible assets acquired through business combinations, net
Deferred tax assets and other assets, net
Noncurrent assets
Total assets

Based on: 10-K (reporting date: 2025-01-31), 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).

The financial data exhibits several noteworthy trends over the analyzed periods.

Liquidity and Current Assets
Cash and cash equivalents show a general upward trend, increasing from 4145 million to 8848 million US dollars, indicating improving liquidity. Marketable securities increased significantly from 3802 million to a peak near 5771 million but later decreased to 5184 million, suggesting some reallocation of short-term investments.
Accounts receivable have consistently grown, nearly doubling from 6174 million to 11945 million, reflecting escalating sales or extended credit terms. Capitalized costs related to revenue contracts, both current and noncurrent, have steadily increased, implying rising investment in contract acquisition and fulfillment.
Prepaid expenses and other current assets have also shown continuous growth, from 916 million to 1779 million, contributing to the overall expansion of current assets, which rose from 15963 million to 29727 million US dollars, signaling strong asset base growth on the short-term side.
Property, Equipment, and Lease Assets
Net property and equipment values increased progressively until 2023, from 2375 million to 3702 million, before declining to 3236 million in the last period, which may suggest asset disposals or depreciation exceeding acquisitions.
Operating lease assets display a decreasing trend after 2021, falling from 3204 million to 2157 million, potentially reflecting changes in lease agreements or accounting standards impacting right-of-use asset recognition.
Strategic Investments and Intangible Assets
Strategic investments more than doubled between 2020 and 2022 but then stabilized around 4800 million, indicating a consolidation phase.
Goodwill shows a significant increase, almost doubling from 25134 million to 51283 million over the period, implying substantial acquisitions or reassessment of acquired assets.
Intangible assets acquired through business combinations initially declined from 4724 million to 4114 million but surged to 8978 million in 2022 before falling gradually to 4428 million, reflecting volatile acquisition activity or amortization effects.
Deferred Tax Assets and Other Noncurrent Assets
Deferred tax assets and other assets expanded considerably from 579 million to 4770 million, indicating either deferred tax benefits accumulation or increased long-term asset recognition.
Total Assets
Total assets almost doubled from 55126 million to approximately 102928 million, showing robust growth and expansion of the company’s asset base over the analysis period.

Overall, the data reflect a pattern of increasing liquidity, investment in revenue-generating contracts, and substantial growth in intangible assets largely driven by acquisitions. Property and lease assets show some variability, while noncurrent assets and total assets exhibit strong upward momentum, suggesting ongoing expansion and strategic asset growth.


Assets: Selected Items


Current Assets: Selected Items