Salesforce Long Term Debt vs Accounts Payable Analysis

CRM Stock

27.35 0.63 2.36%

Salesforce financial indicator trend analysis is much more than just breaking down SalesforceCom CDR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SalesforceCom CDR is a good investment. Please check the relationship between Salesforce Long Term Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SalesforceCom CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SalesforceCom CDR Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Salesforce's Long Term Debt and Accounts Payable is 0.81. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SalesforceCom CDR, assuming nothing else is changed. The correlation between historical values of Salesforce's Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of SalesforceCom CDR are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., Salesforce's Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that SalesforceCom CDR has held for over one year. Long-term debt appears on SalesforceCom CDR balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on SalesforceCom CDR balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Accounts Payable

An accounting item on the balance sheet that represents Salesforce obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SalesforceCom CDR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Salesforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SalesforceCom CDR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SalesforceCom CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.As of the 20th of December 2024, Tax Provision is likely to grow to about 854.7 M, while Selling General Administrative is likely to drop about 13.7 B.

	2021	2022	2023	2024 (projected)
Gross Profit	19.5B	23.0B	26.3B	19.7B
Total Revenue	26.5B	31.4B	34.9B	26.5B

Gross Profit Total Revenue

Salesforce fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital	Long Term Investments	Short Long Term Debt
Total Assets		0.97	0.99	1.0	0.99	0.5	0.6	0.94	0.77	0.95	1.0	0.92	0.97	0.89	0.99	1.0	0.97	0.95	0.98	0.97	-0.89	0.99	0.95	1.0	0.98	0.76
Other Current Liab	0.97		0.99	0.96	0.97	0.43	0.45	0.98	0.87	0.97	0.96	0.88	0.98	0.87	0.99	0.97	0.9	0.9	0.95	0.96	-0.91	0.98	0.99	0.97	0.95	0.85
Total Current Liabilities	0.99	0.99		0.98	0.98	0.47	0.5	0.96	0.83	0.97	0.98	0.89	0.98	0.88	1.0	0.98	0.94	0.93	0.97	0.98	-0.93	0.99	0.98	0.98	0.97	0.85
Total Stockholder Equity	1.0	0.96	0.98		0.99	0.53	0.63	0.93	0.74	0.95	1.0	0.93	0.97	0.87	0.98	0.99	0.98	0.96	0.97	0.96	-0.87	0.99	0.94	1.0	0.99	0.73
Other Liab	0.99	0.97	0.98	0.99		0.58	0.61	0.96	0.78	0.98	0.98	0.94	0.99	0.83	0.98	0.97	0.95	0.97	0.95	0.95	-0.84	0.97	0.95	0.98	0.99	0.73
Net Tangible Assets	0.5	0.43	0.47	0.53	0.58		0.66	0.47	0.17	0.63	0.46	0.68	0.55	0.08	0.46	0.41	0.59	0.74	0.35	0.41	-0.19	0.42	0.35	0.48	0.57	0.21
Net Debt	0.6	0.45	0.5	0.63	0.61	0.66		0.39	0.04	0.51	0.6	0.78	0.54	0.37	0.48	0.57	0.64	0.7	0.55	0.48	-0.26	0.52	0.39	0.6	0.6	0.1
Retained Earnings	0.94	0.98	0.96	0.93	0.96	0.47	0.39		0.91	0.97	0.93	0.84	0.98	0.83	0.97	0.93	0.88	0.9	0.91	0.92	-0.85	0.95	0.98	0.94	0.95	0.79
Accounts Payable	0.77	0.87	0.83	0.74	0.78	0.17	0.04	0.91		0.8	0.76	0.56	0.85	0.81	0.85	0.78	0.65	0.65	0.78	0.83	-0.81	0.82	0.91	0.77	0.79	0.83
Cash	0.95	0.97	0.97	0.95	0.98	0.63	0.51	0.97	0.8		0.94	0.92	0.98	0.75	0.97	0.93	0.92	0.96	0.89	0.93	-0.84	0.95	0.94	0.94	0.96	0.81
Non Current Assets Total	1.0	0.96	0.98	1.0	0.98	0.46	0.6	0.93	0.76	0.94		0.91	0.96	0.9	0.98	1.0	0.97	0.94	0.99	0.97	-0.89	0.99	0.95	1.0	0.98	0.75
Non Currrent Assets Other	0.92	0.88	0.89	0.93	0.94	0.68	0.78	0.84	0.56	0.92	0.91		0.9	0.67	0.88	0.89	0.91	0.96	0.85	0.83	-0.7	0.88	0.83	0.91	0.9	0.6
Other Assets	0.97	0.98	0.98	0.97	0.99	0.55	0.54	0.98	0.85	0.98	0.96	0.9		0.84	0.98	0.96	0.92	0.95	0.94	0.96	-0.84	0.97	0.97	0.97	0.99	0.77
Long Term Debt	0.89	0.87	0.88	0.87	0.83	0.08	0.37	0.83	0.81	0.75	0.9	0.67	0.84		0.89	0.92	0.81	0.71	0.95	0.91	-0.88	0.92	0.9	0.9	0.86	0.71
Net Receivables	0.99	0.99	1.0	0.98	0.98	0.46	0.48	0.97	0.85	0.97	0.98	0.88	0.98	0.89		0.98	0.94	0.93	0.97	0.98	-0.92	0.99	0.98	0.99	0.98	0.82
Good Will	1.0	0.97	0.98	0.99	0.97	0.41	0.57	0.93	0.78	0.93	1.0	0.89	0.96	0.92	0.98		0.96	0.92	0.99	0.97	-0.91	1.0	0.96	1.0	0.97	0.77
Common Stock Shares Outstanding	0.97	0.9	0.94	0.98	0.95	0.59	0.64	0.88	0.65	0.92	0.97	0.91	0.92	0.81	0.94	0.96		0.96	0.94	0.92	-0.85	0.95	0.87	0.97	0.96	0.68
Short Term Investments	0.95	0.9	0.93	0.96	0.97	0.74	0.7	0.9	0.65	0.96	0.94	0.96	0.95	0.71	0.93	0.92	0.96		0.88	0.9	-0.76	0.92	0.86	0.95	0.96	0.66
Non Current Liabilities Total	0.98	0.95	0.97	0.97	0.95	0.35	0.55	0.91	0.78	0.89	0.99	0.85	0.94	0.95	0.97	0.99	0.94	0.88		0.97	-0.91	0.99	0.95	0.99	0.96	0.74
Other Current Assets	0.97	0.96	0.98	0.96	0.95	0.41	0.48	0.92	0.83	0.93	0.97	0.83	0.96	0.91	0.98	0.97	0.92	0.9	0.97		-0.94	0.99	0.96	0.97	0.96	0.85
Other Stockholder Equity	-0.89	-0.91	-0.93	-0.87	-0.84	-0.19	-0.26	-0.85	-0.81	-0.84	-0.89	-0.7	-0.84	-0.88	-0.92	-0.91	-0.85	-0.76	-0.91	-0.94		-0.93	-0.91	-0.89	-0.83	-0.92
Total Liab	0.99	0.98	0.99	0.99	0.97	0.42	0.52	0.95	0.82	0.95	0.99	0.88	0.97	0.92	0.99	1.0	0.95	0.92	0.99	0.99	-0.93		0.97	0.99	0.97	0.81
Deferred Long Term Liab	0.95	0.99	0.98	0.94	0.95	0.35	0.39	0.98	0.91	0.94	0.95	0.83	0.97	0.9	0.98	0.96	0.87	0.86	0.95	0.96	-0.91	0.97		0.95	0.94	0.86
Net Invested Capital	1.0	0.97	0.98	1.0	0.98	0.48	0.6	0.94	0.77	0.94	1.0	0.91	0.97	0.9	0.99	1.0	0.97	0.95	0.99	0.97	-0.89	0.99	0.95		0.98	0.75
Long Term Investments	0.98	0.95	0.97	0.99	0.99	0.57	0.6	0.95	0.79	0.96	0.98	0.9	0.99	0.86	0.98	0.97	0.96	0.96	0.96	0.96	-0.83	0.97	0.94	0.98		0.71
Short Long Term Debt	0.76	0.85	0.85	0.73	0.73	0.21	0.1	0.79	0.83	0.81	0.75	0.6	0.77	0.71	0.82	0.77	0.68	0.66	0.74	0.85	-0.92	0.81	0.86	0.75	0.71

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Salesforce Account Relationship Matchups

Salesforce fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	55.1B	66.3B	95.2B	98.8B	99.8B	81.8B
Other Current Liab	10.7B	12.6B	15.6B	18.0B	20.7B	14.4B
Total Current Liabilities	14.8B	17.7B	21.8B	25.9B	26.6B	21.7B
Total Stockholder Equity	33.9B	41.5B	58.1B	58.4B	59.6B	49.0B
Other Liab	946M	1.5B	1.7B	1.7B	2.0B	1.4B
Net Tangible Assets	4.0B	11.1B	1.2B	2.7B	3.1B	4.2B
Retained Earnings	1.9B	5.9B	7.4B	7.6B	11.7B	6.6B
Accounts Payable	1.9B	2.6B	3.0B	3.3B	3.8B	2.9B
Cash	4.1B	6.2B	5.5B	7.0B	8.5B	6.2B
Non Current Assets Total	39.2B	44.4B	72.4B	72.5B	70.7B	58.5B
Other Assets	1.9B	4.4B	5.0B	5.5B	6.3B	4.0B
Net Receivables	6.2B	7.8B	9.7B	10.8B	11.4B	9.4B
Good Will	25.1B	26.3B	47.9B	48.6B	48.6B	38.4B
Common Stock Shares Outstanding	893M	919M	989M	981M	971M	1.0B
Short Term Investments	3.8B	5.8B	5.1B	5.5B	5.7B	5.0B
Non Current Liabilities Total	6.4B	7.1B	15.3B	14.6B	13.5B	11.1B
Other Current Assets	926M	1.1B	1.5B	1.8B	1.6B	1.4B
Other Stockholder Equity	(93M)	(42M)	(166M)	(274M)	(246.6M)	(234.3M)
Total Liab	21.2B	24.8B	37.1B	40.5B	40.2B	32.8B
Deferred Long Term Liab	1.3B	1.7B	2.3B	2.7B	3.1B	2.1B
Net Invested Capital	36.6B	44.2B	68.7B	69.0B	69.1B	56.1B
Long Term Investments	2.0B	3.9B	4.8B	4.7B	4.8B	3.9B
Total Current Assets	16.0B	21.9B	22.9B	26.4B	29.1B	23.3B
Non Current Liabilities Other	1.3B	1.6B	2.0B	2.3B	2.5B	1.9B
Net Working Capital	1.1B	4.2B	1.1B	504M	2.4B	1.6B
Intangible Assets	5.3B	4.1B	9.0B	7.1B	5.3B	6.0B
Property Plant Equipment	5.4B	5.7B	5.7B	6.6B	7.6B	5.6B

Pair Trading with Salesforce

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Salesforce position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Salesforce will appreciate offsetting losses from the drop in the long position's value.

Moving together with Salesforce Stock

0.64	AAPL	Apple Inc CDR	Pair Corr
0.75	GOOG	Alphabet CDR	Pair Corr
0.88	JPM	JPMorgan Chase	Pair Corr

The ability to find closely correlated positions to Salesforce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Salesforce when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Salesforce - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SalesforceCom CDR to buy it.

The correlation of Salesforce is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Salesforce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SalesforceCom CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Salesforce can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Salesforce Stock

Balance Sheet is a snapshot of the financial position of SalesforceCom CDR at a specified time, usually calculated after every quarter, six months, or one year. Salesforce Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Salesforce and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Salesforce currently owns. An asset can also be divided into two categories, current and non-current.

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