Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Salesforce Inc., liquidity ratios
Based on: 10-K (reporting date: 2025-01-31), 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. | Salesforce Inc. current ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Salesforce Inc. quick ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Salesforce Inc. cash ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
Current Ratio
Salesforce Inc., current ratio calculation, comparison to benchmarks
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Current assets | 29,727) | 29,074) | 26,395) | 22,850) | 21,889) | 15,963) | |
| Current liabilities | 27,980) | 26,631) | 25,891) | 21,788) | 17,728) | 14,845) | |
| Liquidity Ratio | |||||||
| Current ratio1 | 1.06 | 1.09 | 1.02 | 1.05 | 1.23 | 1.08 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| Accenture PLC | — | 1.10 | 1.30 | 1.23 | 1.25 | 1.40 | |
| Adobe Inc. | — | 1.07 | 1.34 | 1.11 | 1.25 | 1.48 | |
| Cadence Design Systems Inc. | — | 2.93 | 1.24 | 1.27 | 1.77 | 1.86 | |
| CrowdStrike Holdings Inc. | 1.77 | 1.76 | 1.73 | 1.83 | 2.65 | 2.38 | |
| International Business Machines Corp. | — | 1.04 | 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 | |
| Palantir Technologies Inc. | — | 5.96 | 5.55 | 5.17 | 4.34 | 3.74 | |
| Palo Alto Networks Inc. | — | 0.89 | 0.78 | 0.77 | 0.91 | 1.91 | |
| ServiceNow Inc. | — | 1.10 | 1.06 | 1.11 | 1.05 | 1.21 | |
| Synopsys Inc. | — | 2.44 | 1.15 | 1.09 | 1.16 | 1.19 | |
| Workday Inc. | 1.90 | 1.97 | 1.75 | 1.03 | 1.12 | 1.04 | |
| Current Ratio, Sector | |||||||
| Software & Services | — | 1.19 | 1.39 | 1.43 | 1.67 | 1.91 | |
| Current Ratio, Industry | |||||||
| Information Technology | — | 1.24 | 1.41 | 1.37 | 1.55 | 1.71 | |
Based on: 10-K (reporting date: 2025-01-31), 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 2025 Calculation
Current ratio = Current assets ÷ Current liabilities
= 29,727 ÷ 27,980 = 1.06
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. | Salesforce Inc. current ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025. |
Quick Ratio
Salesforce Inc., quick ratio calculation, comparison to benchmarks
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 8,848) | 8,472) | 7,016) | 5,464) | 6,195) | 4,145) | |
| Marketable securities | 5,184) | 5,722) | 5,492) | 5,073) | 5,771) | 3,802) | |
| Accounts receivable, net | 11,945) | 11,414) | 10,755) | 9,739) | 7,786) | 6,174) | |
| Total quick assets | 25,977) | 25,608) | 23,263) | 20,276) | 19,752) | 14,121) | |
| Current liabilities | 27,980) | 26,631) | 25,891) | 21,788) | 17,728) | 14,845) | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 0.93 | 0.96 | 0.90 | 0.93 | 1.11 | 0.95 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| Accenture PLC | — | 0.98 | 1.18 | 1.12 | 1.14 | 1.29 | |
| Adobe Inc. | — | 0.95 | 1.22 | 1.00 | 1.11 | 1.34 | |
| Cadence Design Systems Inc. | — | 2.53 | 1.02 | 1.02 | 1.47 | 1.60 | |
| CrowdStrike Holdings Inc. | 1.58 | 1.60 | 1.58 | 1.68 | 2.50 | 2.18 | |
| International Business Machines Corp. | — | 0.90 | 0.82 | 0.76 | 0.69 | 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 | |
| Palantir Technologies Inc. | — | 5.83 | 5.41 | 4.92 | 4.11 | 3.59 | |
| Palo Alto Networks Inc. | — | 0.82 | 0.72 | 0.75 | 0.88 | 1.85 | |
| ServiceNow Inc. | — | 1.02 | 1.00 | 1.06 | 1.01 | 1.16 | |
| Synopsys Inc. | — | 1.88 | 0.85 | 0.85 | 0.89 | 0.94 | |
| Workday Inc. | 1.80 | 1.87 | 1.66 | 0.96 | 1.07 | 0.95 | |
| Quick Ratio, Sector | |||||||
| Software & Services | — | 1.00 | 1.21 | 1.26 | 1.51 | 1.75 | |
| Quick Ratio, Industry | |||||||
| Information Technology | — | 0.96 | 1.12 | 1.08 | 1.30 | 1.46 | |
Based on: 10-K (reporting date: 2025-01-31), 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 2025 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 25,977 ÷ 27,980 = 0.93
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. | Salesforce Inc. quick ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
Cash Ratio
Salesforce Inc., cash ratio calculation, comparison to benchmarks
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 8,848) | 8,472) | 7,016) | 5,464) | 6,195) | 4,145) | |
| Marketable securities | 5,184) | 5,722) | 5,492) | 5,073) | 5,771) | 3,802) | |
| Total cash assets | 14,032) | 14,194) | 12,508) | 10,537) | 11,966) | 7,947) | |
| Current liabilities | 27,980) | 26,631) | 25,891) | 21,788) | 17,728) | 14,845) | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 0.50 | 0.53 | 0.48 | 0.48 | 0.67 | 0.54 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| Accenture PLC | — | 0.26 | 0.50 | 0.45 | 0.52 | 0.67 | |
| Adobe Inc. | — | 0.75 | 0.95 | 0.75 | 0.84 | 1.09 | |
| Cadence Design Systems Inc. | — | 2.03 | 0.72 | 0.66 | 1.13 | 1.17 | |
| CrowdStrike Holdings Inc. | 1.25 | 1.29 | 1.28 | 1.42 | 2.22 | 1.85 | |
| International Business Machines Corp. | — | 0.45 | 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 | |
| Palantir Technologies Inc. | — | 5.25 | 4.93 | 4.48 | 3.83 | 3.33 | |
| Palo Alto Networks Inc. | — | 0.34 | 0.31 | 0.44 | 0.57 | 1.39 | |
| ServiceNow Inc. | — | 0.69 | 0.66 | 0.71 | 0.67 | 0.83 | |
| Synopsys Inc. | — | 1.53 | 0.53 | 0.56 | 0.65 | 0.58 | |
| Workday Inc. | 1.45 | 1.55 | 1.32 | 0.72 | 0.83 | 0.65 | |
| Cash Ratio, Sector | |||||||
| Software & Services | — | 0.58 | 0.78 | 0.82 | 1.11 | 1.32 | |
| Cash Ratio, Industry | |||||||
| Information Technology | — | 0.57 | 0.71 | 0.66 | 0.89 | 1.06 | |
Based on: 10-K (reporting date: 2025-01-31), 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 2025 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 14,032 ÷ 27,980 = 0.50
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. | Salesforce Inc. cash ratio improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |