Salesforce (CRM) Interest Coverage Ratio (2009 - 2023)
Salesforce posted quarterly Interest Coverage Ratio of 35.7 for Q1 2023, up 1215.62% year-on-year from 2.71 in Q1 2022, and down 37.91% on a QoQ basis from 57.5 in Q4 2022.
Salesforce (CRM) has 15 years of Interest Coverage Ratio data on file, last reported at 35.7 in Q1 2023.
- For the quarter ending Q1 2023, Interest Coverage Ratio rose 1215.62% year-over-year to 35.7; the trailing twelve-month figure through Oct 2023 stood at 374.6 (up 13165.51% YoY), and the FY2023 full-year result was 7.86, up 225.7% from the prior year.
- Interest Coverage Ratio for Q1 2023 stood at 35.7, down from 57.5 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 57.5 in Q4 2022 and bottomed at 28.0 in Q2 2020.
- The 5-year median for Interest Coverage Ratio is 8.48 (2020), against an average of 11.48.
- Peak annual rise in Interest Coverage Ratio reached 15334.21% in 2022, while the deepest fall reached 146.42% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 9.29 in 2019, then soared by 141.23% to 22.4 in 2020, then slumped by 98.34% to 0.37 in 2021, then soared by 15334.21% to 57.5 in 2022, then slumped by 37.91% to 35.7 in 2023.
- The last three Interest Coverage Ratio figures came in at 35.7 (Q1 2023), 57.5 (Q4 2022), and 3.39 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -9.39 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 17.81 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 13.64 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 38.38 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -17.35 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 57.43 |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 2.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2023 | 35.70 |
| Oct 31, 2022 | 57.50 |
| Jul 31, 2022 | 3.39 |
| Apr 30, 2022 | 0.36 |
| Jan 31, 2022 | -3.20 |
| Oct 31, 2021 | 0.37 |
| Jul 31, 2021 | 10.38 |
| Apr 30, 2021 | 9.32 |
| Jan 31, 2021 | 6.89 |
| Oct 31, 2020 | 22.40 |
| Jul 31, 2020 | 8.48 |
| Apr 30, 2020 | -28.00 |
| Jan 31, 2020 | 36.00 |
| Oct 31, 2019 | 9.29 |
| Jan 31, 2019 | 3.34 |
| Oct 31, 2018 | 2.30 |
| Jul 31, 2018 | 2.95 |
| Apr 30, 2018 | 5.62 |
| Jan 31, 2018 | 9.59 |
| Oct 31, 2017 | 7.38 |
| Jul 31, 2017 | 3.82 |
| Apr 30, 2017 | 0.18 |
| Jan 31, 2017 | -0.96 |
| Oct 31, 2016 | 0.14 |
| Jul 31, 2016 | 1.57 |
| Apr 30, 2016 | 2.36 |
| Jan 31, 2016 | 1.06 |
| Oct 31, 2015 | 2.38 |
| Jul 31, 2015 | 1.10 |
| Apr 30, 2015 | 33.88 |
| Jan 31, 2015 | -2.06 |
| Oct 31, 2014 | -1.25 |
| Jul 31, 2014 | -1.83 |
| Apr 30, 2014 | -5.10 |
| Jan 31, 2014 | -1.47 |
| Oct 31, 2013 | -4.27 |
| Jul 31, 2013 | -2.03 |
| Apr 30, 2013 | -3.75 |
| Jan 31, 2013 | -2.49 |
| Oct 31, 2012 | -6.62 |
| Jul 31, 2012 | -1.68 |
| Apr 30, 2012 | -3.49 |
| Jan 31, 2012 | -1.12 |
| Oct 31, 2011 | -2.63 |
| Jul 31, 2011 | -4.09 |
| Apr 30, 2011 | -0.76 |
| Jan 31, 2011 | -0.12 |
| Oct 31, 2010 | 4.77 |
| Jul 31, 2010 | 4.13 |
| Apr 30, 2010 | 4.68 |
| Jan 31, 2010 | 21.14 |
| Oct 31, 2009 | 103.22 |
| Jul 31, 2009 | 100.65 |
| Apr 30, 2009 | 144.82 |
| Jan 31, 2009 | 0.93 |