Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Salesforce's Total Liabilities for the quarter that ended in Jan. 2024 was $40,177 Mil. Salesforce's Total Assets for the quarter that ended in Jan. 2024 was $99,823 Mil.
Therefore, Salesforce's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.40.
Salesforce Liabilities-to-Assets Historical Data
The historical data trend for Salesforce's Liabilities-to-Assets 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.
Competitive Comparison of Salesforce's Liabilities-to-Assets
For the Software - Application subindustry, Salesforce's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Software Industry
For the Software industry and Technology sector, Salesforce's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Salesforce's Liabilities-to-Assets falls into.
Salesforce Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
Salesforce's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2024 is calculated as:
* 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.
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
Salesforce Liabilities-to-Assets Related Terms
Thank you for viewing the detailed overview of Salesforce's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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