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Salesforce (BUE:CRM) Equity-to-Asset : 0.60 (As of Jan. 2024)


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What is Salesforce Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Salesforce's Total Stockholders Equity for the quarter that ended in Jan. 2024 was ARS48,220,808 Mil. Salesforce's Total Assets for the quarter that ended in Jan. 2024 was ARS80,701,903 Mil. Therefore, Salesforce's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.60.

The historical rank and industry rank for Salesforce's Equity-to-Asset or its related term are showing as below:

BUE:CRM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.55   Max: 0.63
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Salesforce was 0.63. The lowest was 0.37. And the median was 0.55.

BUE:CRM's Equity-to-Asset is ranked better than
57.44% of 2841 companies
in the Software industry
Industry Median: 0.55 vs BUE:CRM: 0.60

Salesforce Equity-to-Asset Historical Data

The historical data trend for Salesforce's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Salesforce Equity-to-Asset Chart

Salesforce Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.63 0.61 0.59 0.60

Salesforce Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.61 0.63 0.64 0.60

Competitive Comparison of Salesforce's Equity-to-Asset

For the Software - Application subindustry, Salesforce's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Salesforce's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Salesforce's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Salesforce's Equity-to-Asset falls into.



Salesforce Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Salesforce's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=48220807.74/80701902.744
=0.60

Salesforce's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=48220807.74/80701902.744
=0.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Salesforce  (BUE:CRM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Salesforce Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Salesforce's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Salesforce (BUE:CRM) Business Description

Address
415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.

Salesforce (BUE:CRM) Headlines

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