Salesforce Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis
CRM Stock | USD 330.01 13.17 3.84% |
Salesforce financial indicator trend analysis is much more than just breaking down Salesforce prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salesforce is a good investment. Please check the relationship between Salesforce Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.
Common Stock Shares Outstanding vs Cash And Short Term Investments
Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Salesforce Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Salesforce's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.7. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Salesforce, assuming nothing else is changed. The correlation between historical values of Salesforce's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Salesforce are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Salesforce's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Salesforce balance sheet. This account contains Salesforce investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Salesforce fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 Salesforce 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 Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.At this time, Salesforce's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Tax Provision is likely to grow to about 854.7 M, while Enterprise Value Multiple is likely to drop 28.73.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.5B | 23.0B | 26.3B | 27.6B | Total Revenue | 26.5B | 31.4B | 34.9B | 36.6B |
Salesforce fundamental ratios Correlations
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Salesforce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Salesforce fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 55.1B | 66.3B | 95.2B | 98.8B | 99.8B | 104.8B | |
Total Stockholder Equity | 33.9B | 41.5B | 58.1B | 58.4B | 59.6B | 62.6B | |
Retained Earnings | 1.9B | 5.9B | 7.4B | 7.6B | 11.7B | 12.3B | |
Non Current Assets Total | 39.2B | 44.4B | 72.4B | 72.5B | 70.7B | 74.3B | |
Non Currrent Assets Other | 1.3B | 1.7B | 2.3B | 2.7B | 2.5B | 2.6B | |
Other Assets | 1.4B | 4.4B | 5.0B | 2.8B | 3.2B | 3.4B | |
Common Stock Shares Outstanding | 850M | 930M | 974M | 997M | 984M | 642.1M | |
Liabilities And Stockholders Equity | 55.1B | 66.3B | 95.2B | 98.8B | 99.8B | 104.8B | |
Non Current Liabilities Total | 6.4B | 7.1B | 15.3B | 14.6B | 13.5B | 14.2B | |
Other Stockholder Equity | 32.1B | 35.6B | 50.9B | 51.0B | 48.1B | 50.6B | |
Total Liab | 21.2B | 24.8B | 37.1B | 40.5B | 40.2B | 42.2B | |
Short Long Term Debt Total | 5.9B | 6.3B | 14.0B | 14.1B | 13.6B | 14.2B | |
Other Current Liab | 11.4B | 12.6B | 5.5B | 6.7B | 2.5B | 2.4B | |
Total Current Liabilities | 14.8B | 17.7B | 21.8B | 25.9B | 26.6B | 28.0B | |
Other Liab | 946M | 1.5B | 2.0B | 1.7B | 2.0B | 2.1B | |
Property Plant And Equipment Net | 5.4B | 5.7B | 5.7B | 6.6B | 6.1B | 6.4B | |
Current Deferred Revenue | 10.7B | 12.6B | 15.6B | 17.4B | 19.0B | 20.0B | |
Net Debt | 1.7B | 86M | 8.5B | 7.1B | 5.1B | 5.3B | |
Accounts Payable | 3.4B | 4.4B | 5.5B | 6.7B | 3.2B | 3.4B | |
Cash | 4.1B | 6.2B | 5.5B | 7.0B | 8.5B | 8.9B | |
Cash And Short Term Investments | 7.9B | 12.0B | 10.5B | 12.5B | 14.2B | 14.9B | |
Net Receivables | 6.2B | 7.8B | 9.7B | 10.8B | 11.4B | 12.0B | |
Short Term Investments | 3.8B | 5.8B | 5.1B | 5.5B | 5.7B | 6.0B | |
Inventory | 926M | 1.1B | 1.5B | 1.8B | 2.0B | 2.1B | |
Other Current Assets | 916M | 991M | 1.1B | 1.4B | 3.5B | 3.6B | |
Property Plant And Equipment Gross | 7.2B | 7.6B | 8.1B | 9.3B | 9.2B | 9.7B | |
Total Current Assets | 16.0B | 21.9B | 22.9B | 26.4B | 29.1B | 30.5B | |
Accumulated Other Comprehensive Income | (93M) | (42M) | (166M) | (274M) | (225M) | (213.8M) | |
Short Term Debt | 750M | 766M | 686M | 1.8B | 1.9B | 2.0B | |
Property Plant Equipment | 5.4B | 5.7B | 5.7B | 6.6B | 7.6B | 8.0B | |
Intangible Assets | 5.3B | 4.1B | 9.0B | 7.1B | 5.3B | 5.5B | |
Good Will | 25.1B | 26.3B | 47.9B | 48.6B | 48.6B | 51.1B | |
Net Tangible Assets | 4.0B | 11.1B | 1.2B | 2.7B | 3.1B | 1.8B | |
Retained Earnings Total Equity | 1.9B | 5.9B | 7.4B | 7.6B | 8.7B | 9.2B | |
Capital Surpluse | 32.1B | 35.6B | 50.9B | 55.0B | 63.3B | 66.5B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salesforce. If investors know Salesforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salesforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.148 | Dividend Share 0.8 | Earnings Share 5.73 | Revenue Per Share 37.632 | Quarterly Revenue Growth 0.084 |
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salesforce's market value can be influenced by many factors that don't directly affect Salesforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.