Stock Analysis on Net

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

CrowdStrike Holdings Inc., liquidity ratios

Microsoft Excel
Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Current ratio 1.76 1.73 1.83 2.65 2.38
Quick ratio 1.60 1.58 1.68 2.50 2.18
Cash ratio 1.29 1.28 1.42 2.22 1.85

Based on: 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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. CrowdStrike Holdings Inc. current ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. CrowdStrike Holdings Inc. quick ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. CrowdStrike Holdings Inc. cash ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.

Current Ratio

CrowdStrike Holdings Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Selected Financial Data (US$ in thousands)
Current assets 4,757,307 3,640,267 2,570,952 2,292,274 1,171,636
Current liabilities 2,697,279 2,109,072 1,406,830 863,553 493,096
Liquidity Ratio
Current ratio1 1.76 1.73 1.83 2.65 2.38
Benchmarks
Current Ratio, Competitors2
Accenture PLC 1.10 1.30 1.23 1.25 1.40
Adobe Inc. 1.34 1.11 1.25 1.48
Autodesk Inc. 0.82 0.84 0.69 0.83 0.83
Cadence Design Systems Inc. 1.24 1.27 1.77 1.86
International Business Machines Corp. 0.96 0.92 0.88 0.98
Intuit Inc. 1.29 1.47 1.39 1.94 2.26
Microsoft Corp. 1.27 1.77 1.78 2.08 2.52
Oracle Corp. 0.72 0.91 1.62 2.30 3.03
Palo Alto Networks Inc. 0.89 0.78 0.77 0.91 1.91
Salesforce Inc. 1.09 1.02 1.05 1.23 1.08
ServiceNow Inc. 1.06 1.11 1.05 1.21
Synopsys Inc. 1.15 1.09 1.16 1.19
Current Ratio, Sector
Software & Services 1.36 1.41 1.66 1.90
Current Ratio, Industry
Information Technology 1.44 1.42 1.62 1.83

Based on: 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).

1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 4,757,307 ÷ 2,697,279 = 1.76

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. CrowdStrike Holdings Inc. current ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.

Quick Ratio

CrowdStrike Holdings Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 3,375,069 2,455,369 1,996,633 1,918,608 264,798
Short-term investments 99,591 250,000 647,266
Accounts receivable, net of allowance for credit losses 853,105 626,181 368,145 239,199 164,987
Total quick assets 4,327,765 3,331,550 2,364,778 2,157,807 1,077,051
 
Current liabilities 2,697,279 2,109,072 1,406,830 863,553 493,096
Liquidity Ratio
Quick ratio1 1.60 1.58 1.68 2.50 2.18
Benchmarks
Quick Ratio, Competitors2
Accenture PLC 0.98 1.18 1.12 1.14 1.29
Adobe Inc. 1.22 1.00 1.11 1.34
Autodesk Inc. 0.72 0.76 0.62 0.77 0.78
Cadence Design Systems Inc. 1.02 1.02 1.47 1.60
International Business Machines Corp. 0.80 0.73 0.67 0.83
Intuit Inc. 0.71 1.25 1.17 1.65 2.04
Microsoft Corp. 1.06 1.54 1.57 1.90 2.33
Oracle Corp. 0.59 0.74 1.43 2.15 2.83
Palo Alto Networks Inc. 0.82 0.72 0.75 0.88 1.85
Salesforce Inc. 0.96 0.90 0.93 1.11 0.95
ServiceNow Inc. 1.00 1.06 1.01 1.16
Synopsys Inc. 0.85 0.85 0.89 0.94
Quick Ratio, Sector
Software & Services 1.18 1.24 1.50 1.74
Quick Ratio, Industry
Information Technology 1.16 1.14 1.37 1.59

Based on: 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).

1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,327,765 ÷ 2,697,279 = 1.60

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. CrowdStrike Holdings Inc. quick ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.

Cash Ratio

CrowdStrike Holdings Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 3,375,069 2,455,369 1,996,633 1,918,608 264,798
Short-term investments 99,591 250,000 647,266
Total cash assets 3,474,660 2,705,369 1,996,633 1,918,608 912,064
 
Current liabilities 2,697,279 2,109,072 1,406,830 863,553 493,096
Liquidity Ratio
Cash ratio1 1.29 1.28 1.42 2.22 1.85
Benchmarks
Cash Ratio, Competitors2
Accenture PLC 0.26 0.50 0.45 0.52 0.67
Adobe Inc. 0.95 0.75 0.84 1.09
Autodesk Inc. 0.52 0.52 0.44 0.57 0.57
Cadence Design Systems Inc. 0.72 0.66 1.13 1.17
International Business Machines Corp. 0.39 0.28 0.22 0.36
Intuit Inc. 0.54 0.97 0.90 1.46 2.00
Microsoft Corp. 0.60 1.07 1.10 1.47 1.89
Oracle Corp. 0.34 0.44 1.12 1.93 2.50
Palo Alto Networks Inc. 0.34 0.31 0.44 0.57 1.39
Salesforce Inc. 0.53 0.48 0.48 0.67 0.54
ServiceNow Inc. 0.66 0.71 0.67 0.83
Synopsys Inc. 0.53 0.56 0.65 0.58
Cash Ratio, Sector
Software & Services 0.75 0.80 1.10 1.31
Cash Ratio, Industry
Information Technology 0.75 0.72 0.95 1.18

Based on: 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).

1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 3,474,660 ÷ 2,697,279 = 1.29

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. CrowdStrike Holdings Inc. cash ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024.