Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
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).
Solvency ratio | Description | The company |
---|---|---|
Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Salesforce Inc. debt to equity ratio deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Salesforce Inc. debt to equity ratio (including operating lease liability) improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Salesforce Inc. debt to capital ratio deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Salesforce Inc. debt to capital ratio (including operating lease liability) improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Salesforce Inc. debt to assets ratio deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Salesforce Inc. debt to assets ratio (including operating lease liability) deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Salesforce Inc. financial leverage ratio decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Debt to Equity
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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Slack Convertible Notes | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,339) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
Debt, current | 999) | 999) | 999) | 181) | 1,182) | 1,182) | 1,183) | 1,002) | 4) | 20) | 1,342) | 4) | 4) | 4) | 3) | 4) | 4) | 3) | 4) | 4) | 3) | 503) | 503) | 3) | |||||||
Noncurrent debt, excluding current portion | 8,427) | 8,426) | 8,424) | 9,421) | 9,419) | 9,418) | 9,416) | 9,595) | 10,592) | 10,591) | 10,589) | 2,672) | 2,673) | 2,672) | 2,673) | 2,673) | 2,673) | 2,824) | 2,973) | 3,173) | 3,173) | 3,173) | 3,173) | 3,172) | |||||||
Total debt | 9,426) | 9,425) | 9,423) | 9,602) | 10,601) | 10,600) | 10,599) | 10,597) | 10,596) | 10,611) | 13,270) | 2,676) | 2,677) | 2,676) | 2,676) | 2,677) | 2,677) | 2,827) | 2,977) | 3,177) | 3,176) | 3,676) | 3,676) | 3,175) | |||||||
Stockholders’ equity | 59,646) | 58,090) | 58,082) | 57,412) | 58,359) | 59,351) | 60,098) | 58,876) | 58,131) | 57,054) | 55,520) | 42,567) | 41,493) | 40,310) | 38,440) | 34,565) | 33,885) | 33,279) | 17,166) | 16,446) | 15,605) | 14,693) | 13,528) | 11,060) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Debt to equity1 | 0.16 | 0.16 | 0.16 | 0.17 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 | 0.24 | 0.06 | 0.06 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.17 | 0.19 | 0.20 | 0.25 | 0.27 | 0.29 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Debt to Equity, Competitors2 | |||||||||||||||||||||||||||||||
Accenture PLC | — | — | — | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Adobe Inc. | — | — | — | — | 0.22 | 0.23 | 0.24 | 0.26 | 0.29 | 0.29 | 0.30 | 0.30 | 0.28 | 0.29 | 0.30 | 0.30 | 0.31 | 0.35 | 0.38 | 0.39 | 0.39 | 0.40 | 0.42 | 0.42 | |||||||
International Business Machines Corp. | — | — | — | — | 2.51 | 2.39 | 2.59 | 2.72 | 2.32 | 2.53 | 2.59 | 2.85 | 2.74 | 2.45 | 2.51 | 2.64 | 2.99 | 3.08 | 3.15 | 3.22 | 3.02 | 3.69 | 4.14 | 3.03 | |||||||
Intuit Inc. | — | — | 0.35 | 0.35 | 0.35 | 0.38 | 0.45 | 0.43 | 0.42 | 0.40 | 0.43 | 0.21 | 0.21 | 0.20 | 0.27 | 0.45 | 0.66 | 0.08 | 0.11 | 0.12 | 0.12 | 0.11 | 0.15 | 0.15 | |||||||
Microsoft Corp. | — | — | 0.31 | 0.32 | 0.23 | 0.25 | 0.26 | 0.28 | 0.30 | 0.31 | 0.33 | 0.35 | 0.41 | 0.43 | 0.46 | 0.52 | 0.54 | 0.58 | 0.63 | 0.66 | 0.71 | 0.77 | 0.79 | 0.89 | |||||||
Oracle Corp. | — | 15.65 | 22.97 | 37.53 | 84.33 | — | — | — | — | — | — | — | 16.08 | 7.79 | 8.94 | 7.46 | 5.93 | 3.63 | 3.32 | 2.95 | 2.58 | 2.37 | 1.90 | 1.53 | |||||||
Palo Alto Networks Inc. | — | — | 0.42 | 0.90 | 1.14 | 2.99 | 5.05 | 7.24 | 17.51 | 10.89 | 31.19 | 7.08 | 5.08 | 3.20 | 3.04 | 4.18 | 2.80 | 1.98 | 0.91 | 0.95 | 0.90 | 1.08 | 1.45 | 1.30 | |||||||
ServiceNow Inc. | — | — | — | — | 0.20 | 0.21 | 0.21 | 0.27 | 0.30 | 0.33 | 0.35 | 0.39 | 0.43 | 0.45 | 0.48 | 0.53 | 0.58 | 0.64 | 0.28 | 0.31 | 0.33 | 0.48 | 0.54 | 0.56 | |||||||
Synopsys Inc. | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.06 | 0.08 | 0.03 | 0.04 | 0.07 | 0.14 |
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).
1 Q4 2024 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 9,426 ÷ 59,646 = 0.16
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Salesforce Inc. debt to equity ratio deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Debt to Equity (including Operating Lease Liability)
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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Slack Convertible Notes | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,339) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
Debt, current | 999) | 999) | 999) | 181) | 1,182) | 1,182) | 1,183) | 1,002) | 4) | 20) | 1,342) | 4) | 4) | 4) | 3) | 4) | 4) | 3) | 4) | 4) | 3) | 503) | 503) | 3) | |||||||
Noncurrent debt, excluding current portion | 8,427) | 8,426) | 8,424) | 9,421) | 9,419) | 9,418) | 9,416) | 9,595) | 10,592) | 10,591) | 10,589) | 2,672) | 2,673) | 2,672) | 2,673) | 2,673) | 2,673) | 2,824) | 2,973) | 3,173) | 3,173) | 3,173) | 3,173) | 3,172) | |||||||
Total debt | 9,426) | 9,425) | 9,423) | 9,602) | 10,601) | 10,600) | 10,599) | 10,597) | 10,596) | 10,611) | 13,270) | 2,676) | 2,677) | 2,676) | 2,676) | 2,677) | 2,677) | 2,827) | 2,977) | 3,177) | 3,176) | 3,676) | 3,676) | 3,175) | |||||||
Operating lease liabilities, current | 518) | 523) | 510) | 591) | 590) | 567) | 626) | 658) | 686) | 688) | 713) | 726) | 766) | 765) | 767) | 742) | 750) | 735) | 706) | 675) | —) | —) | —) | —) | |||||||
Noncurrent operating lease liabilities | 2,644) | 2,764) | 2,867) | 2,880) | 2,897) | 2,831) | 2,580) | 2,730) | 2,703) | 2,722) | 2,878) | 2,734) | 2,842) | 2,403) | 2,407) | 2,422) | 2,445) | 2,535) | 2,341) | 2,383) | —) | —) | —) | —) | |||||||
Total debt (including operating lease liability) | 12,588) | 12,712) | 12,800) | 13,073) | 14,088) | 13,998) | 13,805) | 13,985) | 13,985) | 14,021) | 16,861) | 6,136) | 6,285) | 5,844) | 5,850) | 5,841) | 5,872) | 6,097) | 6,024) | 6,235) | 3,176) | 3,676) | 3,676) | 3,175) | |||||||
Stockholders’ equity | 59,646) | 58,090) | 58,082) | 57,412) | 58,359) | 59,351) | 60,098) | 58,876) | 58,131) | 57,054) | 55,520) | 42,567) | 41,493) | 40,310) | 38,440) | 34,565) | 33,885) | 33,279) | 17,166) | 16,446) | 15,605) | 14,693) | 13,528) | 11,060) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Debt to equity (including operating lease liability)1 | 0.21 | 0.22 | 0.22 | 0.23 | 0.24 | 0.24 | 0.23 | 0.24 | 0.24 | 0.25 | 0.30 | 0.14 | 0.15 | 0.14 | 0.15 | 0.17 | 0.17 | 0.18 | 0.35 | 0.38 | 0.20 | 0.25 | 0.27 | 0.29 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Debt to Equity (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||||
Accenture PLC | — | — | — | 0.12 | 0.12 | 0.12 | 0.14 | 0.14 | 0.15 | 0.16 | 0.17 | 0.17 | 0.18 | 0.18 | 0.19 | 0.19 | 0.21 | 0.22 | 0.22 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Adobe Inc. | — | — | — | — | 0.25 | 0.26 | 0.28 | 0.29 | 0.33 | 0.32 | 0.33 | 0.34 | 0.32 | 0.33 | 0.34 | 0.35 | 0.35 | 0.40 | 0.43 | 0.45 | 0.39 | 0.40 | 0.42 | 0.42 | |||||||
International Business Machines Corp. | — | — | — | — | 2.66 | 2.54 | 2.72 | 2.85 | 2.46 | 2.68 | 2.75 | 3.02 | 2.92 | 2.65 | 2.72 | 2.86 | 3.23 | 3.32 | 3.39 | 3.47 | 3.27 | 3.98 | 4.44 | 3.33 | |||||||
Intuit Inc. | — | — | 0.38 | 0.37 | 0.38 | 0.40 | 0.48 | 0.47 | 0.45 | 0.43 | 0.46 | 0.25 | 0.24 | 0.24 | 0.31 | 0.49 | 0.70 | 0.13 | 0.19 | 0.20 | 0.12 | 0.11 | 0.15 | 0.15 | |||||||
Microsoft Corp. | — | — | 0.37 | 0.39 | 0.29 | 0.31 | 0.33 | 0.35 | 0.37 | 0.38 | 0.40 | 0.42 | 0.48 | 0.50 | 0.53 | 0.58 | 0.60 | 0.65 | 0.70 | 0.72 | 0.77 | 0.83 | 0.86 | 0.95 | |||||||
Palo Alto Networks Inc. | — | — | 0.50 | 1.02 | 1.30 | 3.20 | 5.42 | 7.80 | 18.82 | 11.70 | 33.58 | 7.65 | 5.58 | 3.52 | 3.35 | 4.61 | 3.10 | 2.45 | 1.13 | 1.20 | 0.90 | 1.08 | 1.45 | 1.30 | |||||||
ServiceNow Inc. | — | — | — | — | 0.30 | 0.31 | 0.32 | 0.40 | 0.44 | 0.47 | 0.51 | 0.55 | 0.60 | 0.63 | 0.64 | 0.69 | 0.75 | 0.82 | 0.48 | 0.53 | 0.53 | 0.79 | 0.88 | 0.91 | |||||||
Synopsys Inc. | — | — | — | 0.10 | 0.11 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.13 | 0.13 | 0.14 | 0.13 | 0.14 | 0.15 | 0.18 | 0.21 | 0.03 | 0.04 | 0.07 | 0.14 |
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).
1 Q4 2024 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Stockholders’ equity
= 12,588 ÷ 59,646 = 0.21
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Salesforce Inc. debt to equity ratio (including operating lease liability) improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Debt to Capital
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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Slack Convertible Notes | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,339) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
Debt, current | 999) | 999) | 999) | 181) | 1,182) | 1,182) | 1,183) | 1,002) | 4) | 20) | 1,342) | 4) | 4) | 4) | 3) | 4) | 4) | 3) | 4) | 4) | 3) | 503) | 503) | 3) | |||||||
Noncurrent debt, excluding current portion | 8,427) | 8,426) | 8,424) | 9,421) | 9,419) | 9,418) | 9,416) | 9,595) | 10,592) | 10,591) | 10,589) | 2,672) | 2,673) | 2,672) | 2,673) | 2,673) | 2,673) | 2,824) | 2,973) | 3,173) | 3,173) | 3,173) | 3,173) | 3,172) | |||||||
Total debt | 9,426) | 9,425) | 9,423) | 9,602) | 10,601) | 10,600) | 10,599) | 10,597) | 10,596) | 10,611) | 13,270) | 2,676) | 2,677) | 2,676) | 2,676) | 2,677) | 2,677) | 2,827) | 2,977) | 3,177) | 3,176) | 3,676) | 3,676) | 3,175) | |||||||
Stockholders’ equity | 59,646) | 58,090) | 58,082) | 57,412) | 58,359) | 59,351) | 60,098) | 58,876) | 58,131) | 57,054) | 55,520) | 42,567) | 41,493) | 40,310) | 38,440) | 34,565) | 33,885) | 33,279) | 17,166) | 16,446) | 15,605) | 14,693) | 13,528) | 11,060) | |||||||
Total capital | 69,072) | 67,515) | 67,505) | 67,014) | 68,960) | 69,951) | 70,697) | 69,473) | 68,727) | 67,665) | 68,790) | 45,243) | 44,170) | 42,986) | 41,116) | 37,242) | 36,562) | 36,106) | 20,143) | 19,623) | 18,781) | 18,369) | 17,204) | 14,235) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Debt to capital1 | 0.14 | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.16 | 0.19 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.08 | 0.15 | 0.16 | 0.17 | 0.20 | 0.21 | 0.22 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Debt to Capital, Competitors2 | |||||||||||||||||||||||||||||||
Accenture PLC | — | — | — | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Adobe Inc. | — | — | — | — | 0.18 | 0.19 | 0.20 | 0.20 | 0.23 | 0.22 | 0.23 | 0.23 | 0.22 | 0.22 | 0.23 | 0.23 | 0.24 | 0.26 | 0.27 | 0.28 | 0.28 | 0.29 | 0.29 | 0.29 | |||||||
International Business Machines Corp. | — | — | — | — | 0.72 | 0.71 | 0.72 | 0.73 | 0.70 | 0.72 | 0.72 | 0.74 | 0.73 | 0.71 | 0.72 | 0.73 | 0.75 | 0.76 | 0.76 | 0.76 | 0.75 | 0.79 | 0.81 | 0.75 | |||||||
Intuit Inc. | — | — | 0.26 | 0.26 | 0.26 | 0.27 | 0.31 | 0.30 | 0.30 | 0.29 | 0.30 | 0.17 | 0.17 | 0.17 | 0.21 | 0.31 | 0.40 | 0.08 | 0.10 | 0.10 | 0.10 | 0.10 | 0.13 | 0.13 | |||||||
Microsoft Corp. | — | — | 0.24 | 0.24 | 0.19 | 0.20 | 0.21 | 0.22 | 0.23 | 0.23 | 0.25 | 0.26 | 0.29 | 0.30 | 0.32 | 0.34 | 0.35 | 0.37 | 0.39 | 0.40 | 0.41 | 0.44 | 0.44 | 0.47 | |||||||
Oracle Corp. | — | 0.94 | 0.96 | 0.97 | 0.99 | 1.03 | 1.05 | 1.07 | 1.09 | 1.12 | 1.15 | 1.02 | 0.94 | 0.89 | 0.90 | 0.88 | 0.86 | 0.78 | 0.77 | 0.75 | 0.72 | 0.70 | 0.65 | 0.60 | |||||||
Palo Alto Networks Inc. | — | — | 0.29 | 0.47 | 0.53 | 0.75 | 0.83 | 0.88 | 0.95 | 0.92 | 0.97 | 0.88 | 0.84 | 0.76 | 0.75 | 0.81 | 0.74 | 0.66 | 0.48 | 0.49 | 0.47 | 0.52 | 0.59 | 0.56 | |||||||
ServiceNow Inc. | — | — | — | — | 0.16 | 0.17 | 0.18 | 0.21 | 0.23 | 0.25 | 0.26 | 0.28 | 0.30 | 0.31 | 0.33 | 0.35 | 0.37 | 0.39 | 0.22 | 0.24 | 0.25 | 0.32 | 0.35 | 0.36 | |||||||
Synopsys Inc. | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.05 | 0.07 | 0.03 | 0.03 | 0.07 | 0.13 |
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).
1 Q4 2024 Calculation
Debt to capital = Total debt ÷ Total capital
= 9,426 ÷ 69,072 = 0.14
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Salesforce Inc. debt to capital ratio deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Debt to Capital (including Operating Lease Liability)
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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Slack Convertible Notes | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,339) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
Debt, current | 999) | 999) | 999) | 181) | 1,182) | 1,182) | 1,183) | 1,002) | 4) | 20) | 1,342) | 4) | 4) | 4) | 3) | 4) | 4) | 3) | 4) | 4) | 3) | 503) | 503) | 3) | |||||||
Noncurrent debt, excluding current portion | 8,427) | 8,426) | 8,424) | 9,421) | 9,419) | 9,418) | 9,416) | 9,595) | 10,592) | 10,591) | 10,589) | 2,672) | 2,673) | 2,672) | 2,673) | 2,673) | 2,673) | 2,824) | 2,973) | 3,173) | 3,173) | 3,173) | 3,173) | 3,172) | |||||||
Total debt | 9,426) | 9,425) | 9,423) | 9,602) | 10,601) | 10,600) | 10,599) | 10,597) | 10,596) | 10,611) | 13,270) | 2,676) | 2,677) | 2,676) | 2,676) | 2,677) | 2,677) | 2,827) | 2,977) | 3,177) | 3,176) | 3,676) | 3,676) | 3,175) | |||||||
Operating lease liabilities, current | 518) | 523) | 510) | 591) | 590) | 567) | 626) | 658) | 686) | 688) | 713) | 726) | 766) | 765) | 767) | 742) | 750) | 735) | 706) | 675) | —) | —) | —) | —) | |||||||
Noncurrent operating lease liabilities | 2,644) | 2,764) | 2,867) | 2,880) | 2,897) | 2,831) | 2,580) | 2,730) | 2,703) | 2,722) | 2,878) | 2,734) | 2,842) | 2,403) | 2,407) | 2,422) | 2,445) | 2,535) | 2,341) | 2,383) | —) | —) | —) | —) | |||||||
Total debt (including operating lease liability) | 12,588) | 12,712) | 12,800) | 13,073) | 14,088) | 13,998) | 13,805) | 13,985) | 13,985) | 14,021) | 16,861) | 6,136) | 6,285) | 5,844) | 5,850) | 5,841) | 5,872) | 6,097) | 6,024) | 6,235) | 3,176) | 3,676) | 3,676) | 3,175) | |||||||
Stockholders’ equity | 59,646) | 58,090) | 58,082) | 57,412) | 58,359) | 59,351) | 60,098) | 58,876) | 58,131) | 57,054) | 55,520) | 42,567) | 41,493) | 40,310) | 38,440) | 34,565) | 33,885) | 33,279) | 17,166) | 16,446) | 15,605) | 14,693) | 13,528) | 11,060) | |||||||
Total capital (including operating lease liability) | 72,234) | 70,802) | 70,882) | 70,485) | 72,447) | 73,349) | 73,903) | 72,861) | 72,116) | 71,075) | 72,381) | 48,703) | 47,778) | 46,154) | 44,290) | 40,406) | 39,757) | 39,376) | 23,190) | 22,681) | 18,781) | 18,369) | 17,204) | 14,235) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Debt to capital (including operating lease liability)1 | 0.17 | 0.18 | 0.18 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.20 | 0.23 | 0.13 | 0.13 | 0.13 | 0.13 | 0.14 | 0.15 | 0.15 | 0.26 | 0.27 | 0.17 | 0.20 | 0.21 | 0.22 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Debt to Capital (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||||
Accenture PLC | — | — | — | 0.10 | 0.11 | 0.11 | 0.12 | 0.13 | 0.13 | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 0.16 | 0.16 | 0.17 | 0.18 | 0.18 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Adobe Inc. | — | — | — | — | 0.20 | 0.21 | 0.22 | 0.23 | 0.25 | 0.24 | 0.25 | 0.25 | 0.24 | 0.25 | 0.25 | 0.26 | 0.26 | 0.29 | 0.30 | 0.31 | 0.28 | 0.29 | 0.29 | 0.29 | |||||||
International Business Machines Corp. | — | — | — | — | 0.73 | 0.72 | 0.73 | 0.74 | 0.71 | 0.73 | 0.73 | 0.75 | 0.74 | 0.73 | 0.73 | 0.74 | 0.76 | 0.77 | 0.77 | 0.78 | 0.77 | 0.80 | 0.82 | 0.77 | |||||||
Intuit Inc. | — | — | 0.28 | 0.27 | 0.28 | 0.29 | 0.32 | 0.32 | 0.31 | 0.30 | 0.31 | 0.20 | 0.20 | 0.19 | 0.24 | 0.33 | 0.41 | 0.11 | 0.16 | 0.17 | 0.10 | 0.10 | 0.13 | 0.13 | |||||||
Microsoft Corp. | — | — | 0.27 | 0.28 | 0.23 | 0.24 | 0.25 | 0.26 | 0.27 | 0.27 | 0.29 | 0.29 | 0.32 | 0.33 | 0.35 | 0.37 | 0.38 | 0.39 | 0.41 | 0.42 | 0.43 | 0.45 | 0.46 | 0.49 | |||||||
Palo Alto Networks Inc. | — | — | 0.33 | 0.51 | 0.56 | 0.76 | 0.84 | 0.89 | 0.95 | 0.92 | 0.97 | 0.88 | 0.85 | 0.78 | 0.77 | 0.82 | 0.76 | 0.71 | 0.53 | 0.55 | 0.47 | 0.52 | 0.59 | 0.56 | |||||||
ServiceNow Inc. | — | — | — | — | 0.23 | 0.24 | 0.24 | 0.29 | 0.31 | 0.32 | 0.34 | 0.36 | 0.37 | 0.39 | 0.39 | 0.41 | 0.43 | 0.45 | 0.33 | 0.35 | 0.35 | 0.44 | 0.47 | 0.48 | |||||||
Synopsys Inc. | — | — | — | 0.09 | 0.10 | 0.10 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.10 | 0.11 | 0.12 | 0.12 | 0.12 | 0.12 | 0.13 | 0.15 | 0.17 | 0.03 | 0.03 | 0.07 | 0.13 |
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).
1 Q4 2024 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 12,588 ÷ 72,234 = 0.17
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Salesforce Inc. debt to capital ratio (including operating lease liability) improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024. |
Debt to Assets
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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Slack Convertible Notes | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,339) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
Debt, current | 999) | 999) | 999) | 181) | 1,182) | 1,182) | 1,183) | 1,002) | 4) | 20) | 1,342) | 4) | 4) | 4) | 3) | 4) | 4) | 3) | 4) | 4) | 3) | 503) | 503) | 3) | |||||||
Noncurrent debt, excluding current portion | 8,427) | 8,426) | 8,424) | 9,421) | 9,419) | 9,418) | 9,416) | 9,595) | 10,592) | 10,591) | 10,589) | 2,672) | 2,673) | 2,672) | 2,673) | 2,673) | 2,673) | 2,824) | 2,973) | 3,173) | 3,173) | 3,173) | 3,173) | 3,172) | |||||||
Total debt | 9,426) | 9,425) | 9,423) | 9,602) | 10,601) | 10,600) | 10,599) | 10,597) | 10,596) | 10,611) | 13,270) | 2,676) | 2,677) | 2,676) | 2,676) | 2,677) | 2,677) | 2,827) | 2,977) | 3,177) | 3,176) | 3,676) | 3,676) | 3,175) | |||||||
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) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Debt to assets1 | 0.09 | 0.10 | 0.10 | 0.10 | 0.11 | 0.12 | 0.11 | 0.11 | 0.11 | 0.12 | 0.15 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.09 | 0.10 | 0.10 | 0.14 | 0.14 | 0.14 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Debt to Assets, Competitors2 | |||||||||||||||||||||||||||||||
Accenture PLC | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Adobe Inc. | — | — | — | — | 0.12 | 0.12 | 0.13 | 0.14 | 0.15 | 0.15 | 0.16 | 0.16 | 0.15 | 0.16 | 0.16 | 0.16 | 0.17 | 0.18 | 0.19 | 0.19 | 0.20 | 0.21 | 0.21 | 0.21 | |||||||
International Business Machines Corp. | — | — | — | — | 0.42 | 0.43 | 0.43 | 0.44 | 0.40 | 0.40 | 0.39 | 0.41 | 0.39 | 0.38 | 0.38 | 0.38 | 0.39 | 0.42 | 0.42 | 0.42 | 0.41 | 0.44 | 0.47 | 0.38 | |||||||
Intuit Inc. | — | — | 0.20 | 0.21 | 0.22 | 0.23 | 0.26 | 0.26 | 0.25 | 0.24 | 0.26 | 0.14 | 0.13 | 0.13 | 0.16 | 0.24 | 0.31 | 0.05 | 0.06 | 0.07 | 0.07 | 0.06 | 0.08 | 0.09 | |||||||
Microsoft Corp. | — | — | 0.16 | 0.16 | 0.11 | 0.13 | 0.13 | 0.14 | 0.14 | 0.14 | 0.16 | 0.16 | 0.17 | 0.19 | 0.20 | 0.21 | 0.21 | 0.23 | 0.25 | 0.25 | 0.25 | 0.28 | 0.28 | 0.30 | |||||||
Oracle Corp. | — | 0.64 | 0.66 | 0.65 | 0.67 | 0.70 | 0.71 | 0.70 | 0.69 | 0.72 | 0.73 | 0.67 | 0.64 | 0.59 | 0.64 | 0.62 | 0.62 | 0.53 | 0.52 | 0.51 | 0.52 | 0.51 | 0.49 | 0.45 | |||||||
Palo Alto Networks Inc. | — | — | 0.10 | 0.13 | 0.14 | 0.26 | 0.28 | 0.29 | 0.30 | 0.33 | 0.35 | 0.35 | 0.31 | 0.33 | 0.33 | 0.36 | 0.34 | 0.23 | 0.20 | 0.21 | 0.22 | 0.25 | 0.27 | 0.28 | |||||||
ServiceNow Inc. | — | — | — | — | 0.09 | 0.10 | 0.10 | 0.11 | 0.11 | 0.13 | 0.13 | 0.14 | 0.15 | 0.17 | 0.17 | 0.18 | 0.19 | 0.22 | 0.11 | 0.11 | 0.12 | 0.14 | 0.15 | 0.15 | |||||||
Synopsys Inc. | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.05 | 0.02 | 0.02 | 0.05 | 0.09 |
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).
1 Q4 2024 Calculation
Debt to assets = Total debt ÷ Total assets
= 9,426 ÷ 99,823 = 0.09
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Salesforce Inc. debt to assets ratio deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Debt to Assets (including Operating Lease Liability)
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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
Slack Convertible Notes | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | 1,339) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
Debt, current | 999) | 999) | 999) | 181) | 1,182) | 1,182) | 1,183) | 1,002) | 4) | 20) | 1,342) | 4) | 4) | 4) | 3) | 4) | 4) | 3) | 4) | 4) | 3) | 503) | 503) | 3) | |||||||
Noncurrent debt, excluding current portion | 8,427) | 8,426) | 8,424) | 9,421) | 9,419) | 9,418) | 9,416) | 9,595) | 10,592) | 10,591) | 10,589) | 2,672) | 2,673) | 2,672) | 2,673) | 2,673) | 2,673) | 2,824) | 2,973) | 3,173) | 3,173) | 3,173) | 3,173) | 3,172) | |||||||
Total debt | 9,426) | 9,425) | 9,423) | 9,602) | 10,601) | 10,600) | 10,599) | 10,597) | 10,596) | 10,611) | 13,270) | 2,676) | 2,677) | 2,676) | 2,676) | 2,677) | 2,677) | 2,827) | 2,977) | 3,177) | 3,176) | 3,676) | 3,676) | 3,175) | |||||||
Operating lease liabilities, current | 518) | 523) | 510) | 591) | 590) | 567) | 626) | 658) | 686) | 688) | 713) | 726) | 766) | 765) | 767) | 742) | 750) | 735) | 706) | 675) | —) | —) | —) | —) | |||||||
Noncurrent operating lease liabilities | 2,644) | 2,764) | 2,867) | 2,880) | 2,897) | 2,831) | 2,580) | 2,730) | 2,703) | 2,722) | 2,878) | 2,734) | 2,842) | 2,403) | 2,407) | 2,422) | 2,445) | 2,535) | 2,341) | 2,383) | —) | —) | —) | —) | |||||||
Total debt (including operating lease liability) | 12,588) | 12,712) | 12,800) | 13,073) | 14,088) | 13,998) | 13,805) | 13,985) | 13,985) | 14,021) | 16,861) | 6,136) | 6,285) | 5,844) | 5,850) | 5,841) | 5,872) | 6,097) | 6,024) | 6,235) | 3,176) | 3,676) | 3,676) | 3,175) | |||||||
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) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Debt to assets (including operating lease liability)1 | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 0.16 | 0.19 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | 0.11 | 0.12 | 0.18 | 0.19 | 0.10 | 0.14 | 0.14 | 0.14 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Debt to Assets (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||||
Accenture PLC | — | — | — | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Adobe Inc. | — | — | — | — | 0.14 | 0.14 | 0.15 | 0.15 | 0.17 | 0.17 | 0.18 | 0.18 | 0.17 | 0.18 | 0.18 | 0.19 | 0.19 | 0.21 | 0.22 | 0.22 | 0.20 | 0.21 | 0.21 | 0.21 | |||||||
International Business Machines Corp. | — | — | — | — | 0.44 | 0.45 | 0.46 | 0.46 | 0.42 | 0.43 | 0.42 | 0.43 | 0.42 | 0.41 | 0.41 | 0.41 | 0.43 | 0.46 | 0.45 | 0.45 | 0.45 | 0.48 | 0.51 | 0.42 | |||||||
Intuit Inc. | — | — | 0.22 | 0.22 | 0.24 | 0.25 | 0.28 | 0.28 | 0.27 | 0.25 | 0.27 | 0.16 | 0.16 | 0.15 | 0.19 | 0.27 | 0.33 | 0.08 | 0.10 | 0.12 | 0.07 | 0.06 | 0.08 | 0.09 | |||||||
Microsoft Corp. | — | — | 0.19 | 0.19 | 0.15 | 0.16 | 0.16 | 0.17 | 0.17 | 0.18 | 0.19 | 0.19 | 0.20 | 0.22 | 0.23 | 0.24 | 0.24 | 0.26 | 0.27 | 0.27 | 0.27 | 0.30 | 0.30 | 0.32 | |||||||
Palo Alto Networks Inc. | — | — | 0.12 | 0.15 | 0.16 | 0.28 | 0.30 | 0.32 | 0.32 | 0.36 | 0.38 | 0.38 | 0.35 | 0.37 | 0.37 | 0.39 | 0.38 | 0.28 | 0.25 | 0.27 | 0.22 | 0.25 | 0.27 | 0.28 | |||||||
ServiceNow Inc. | — | — | — | — | 0.13 | 0.15 | 0.15 | 0.16 | 0.17 | 0.19 | 0.19 | 0.20 | 0.21 | 0.23 | 0.23 | 0.24 | 0.24 | 0.29 | 0.18 | 0.19 | 0.19 | 0.24 | 0.24 | 0.25 | |||||||
Synopsys Inc. | — | — | — | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.11 | 0.12 | 0.02 | 0.02 | 0.05 | 0.09 |
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).
1 Q4 2024 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 12,588 ÷ 99,823 = 0.13
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Salesforce Inc. debt to assets ratio (including operating lease liability) deteriorated from Q2 2024 to Q3 2024 but then improved from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |
Financial Leverage
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 | ||||||||
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Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
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) | |||||||
Stockholders’ equity | 59,646) | 58,090) | 58,082) | 57,412) | 58,359) | 59,351) | 60,098) | 58,876) | 58,131) | 57,054) | 55,520) | 42,567) | 41,493) | 40,310) | 38,440) | 34,565) | 33,885) | 33,279) | 17,166) | 16,446) | 15,605) | 14,693) | 13,528) | 11,060) | |||||||
Solvency Ratio | |||||||||||||||||||||||||||||||
Financial leverage1 | 1.67 | 1.57 | 1.59 | 1.63 | 1.69 | 1.55 | 1.57 | 1.58 | 1.64 | 1.53 | 1.60 | 1.52 | 1.60 | 1.47 | 1.50 | 1.55 | 1.63 | 1.50 | 1.94 | 2.02 | 1.97 | 1.81 | 1.91 | 2.08 | |||||||
Benchmarks | |||||||||||||||||||||||||||||||
Financial Leverage, Competitors2 | |||||||||||||||||||||||||||||||
Accenture PLC | — | — | — | 1.93 | 1.99 | 1.98 | 2.01 | 2.05 | 2.14 | 2.16 | 2.16 | 2.15 | 2.21 | 2.18 | 2.18 | 2.14 | 2.18 | 2.19 | 2.17 | 2.19 | 2.07 | 2.05 | 2.05 | 2.11 | |||||||
Adobe Inc. | — | — | — | — | 1.80 | 1.84 | 1.88 | 1.88 | 1.93 | 1.86 | 1.88 | 1.89 | 1.84 | 1.81 | 1.85 | 1.84 | 1.83 | 1.91 | 1.99 | 2.03 | 1.97 | 1.96 | 1.98 | 1.98 | |||||||
International Business Machines Corp. | — | — | — | — | 6.00 | 5.60 | 5.96 | 6.19 | 5.80 | 6.27 | 6.57 | 7.00 | 6.98 | 6.49 | 6.69 | 6.95 | 7.57 | 7.27 | 7.50 | 7.67 | 7.30 | 8.33 | 8.76 | 7.94 | |||||||
Intuit Inc. | — | — | 1.76 | 1.68 | 1.61 | 1.64 | 1.72 | 1.69 | 1.69 | 1.68 | 1.69 | 1.53 | 1.57 | 1.58 | 1.65 | 1.85 | 2.14 | 1.64 | 1.80 | 1.70 | 1.68 | 1.70 | 1.91 | 1.77 | |||||||
Microsoft Corp. | — | — | 1.97 | 2.02 | 2.00 | 1.95 | 1.99 | 2.07 | 2.19 | 2.12 | 2.13 | 2.21 | 2.35 | 2.30 | 2.34 | 2.44 | 2.55 | 2.49 | 2.57 | 2.63 | 2.80 | 2.78 | 2.81 | 3.00 | |||||||
Oracle Corp. | — | 24.38 | 34.74 | 57.66 | 125.24 | — | — | — | — | — | — | — | 25.03 | 13.27 | 13.90 | 11.96 | 9.56 | 6.79 | 6.33 | 5.76 | 4.99 | 4.61 | 3.87 | 3.37 | |||||||
Palo Alto Networks Inc. | — | — | 4.20 | 6.82 | 8.29 | 11.50 | 18.06 | 24.69 | 58.35 | 32.88 | 88.29 | 20.09 | 16.14 | 9.59 | 9.15 | 11.68 | 8.23 | 8.73 | 4.47 | 4.50 | 4.16 | 4.31 | 5.33 | 4.63 | |||||||
ServiceNow Inc. | — | — | — | — | 2.28 | 2.10 | 2.15 | 2.43 | 2.64 | 2.46 | 2.65 | 2.75 | 2.92 | 2.68 | 2.81 | 2.90 | 3.07 | 2.88 | 2.63 | 2.73 | 2.83 | 3.33 | 3.65 | 3.68 | |||||||
Synopsys Inc. | — | — | — | 1.58 | 1.68 | 1.67 | 1.68 | 1.70 | 1.71 | 1.66 | 1.66 | 1.65 | 1.65 | 1.65 | 1.64 | 1.64 | 1.64 | 1.67 | 1.71 | 1.74 | 1.57 | 1.56 | 1.58 | 1.68 |
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).
1 Q4 2024 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 99,823 ÷ 59,646 = 1.67
2 Click competitor name to see calculations.
Solvency ratio | Description | The company |
---|---|---|
Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Salesforce Inc. financial leverage ratio decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level. |