Analysis of Debt
Total Debt (Carrying Amount)
Salesforce Inc., balance sheet: debt
US$ in millions
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), 10-K (reporting date: 2019-01-31).
| Debt item | Description | The company |
|---|---|---|
| Total debt and finance lease liabilities (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Salesforce Inc. total debt increased from 2022 to 2023 but then decreased significantly from 2023 to 2024. |
Total Debt (Fair Value)
| Jan 31, 2024 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Term Loan | —) |
| Senior Notes | 7,800) |
| Loan assumed on 50 Fremont | —) |
| Finance lease liabilities | 974) |
| Total debt and finance lease liabilities (fair value) | 8,774) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 0.84 |
Based on: 10-K (reporting date: 2024-01-31).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate on debt and finance lease liabilities: 2.56%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 0.63% | 999) | 6) | |
| 3.70% | 1,495) | 55) | |
| 1.50% | 994) | 15) | |
| 1.95% | 1,490) | 29) | |
| 2.70% | 1,235) | 33) | |
| 2.90% | 1,978) | 57) | |
| 3.05% | 1,235) | 38) | |
| 3.30% | 974) | 32) | |
| Total | 10,400) | 266) | |
| 2.56% | |||
Based on: 10-K (reporting date: 2024-01-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 266 ÷ 10,400 = 2.56%