Salesforce Total Assets from 2010 to 2024
| CRM Stock | USD 270.37 1.55 0.57% |
Total Assets | First Reported 2003-01-31 | Previous Quarter 91 B | Current Value 102.8 B | Quarterly Volatility 32.2 B |
Check Salesforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Salesforce main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.2 B, Interest Expense of 346.6 M or Selling General Administrative of 3.8 B, as well as many exotic indicators such as Price To Sales Ratio of 10.55, Dividend Yield of 0.0 or PTB Ratio of 8.71. Salesforce financial statements analysis is a perfect complement when working with Salesforce Valuation or Volatility modules.
Salesforce | Total Assets |
Latest Salesforce's Total Assets Growth Pattern
Below is the plot of the Total Assets of Salesforce over the last few years. Total assets refers to the total amount of Salesforce assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Salesforce books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Salesforce's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Salesforce's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 102.81 B | 10 Years Trend |
|
Total Assets |
| Timeline |
Salesforce Total Assets Regression Statistics
| Arithmetic Mean | 42,527,200,933 | |
| Geometric Mean | 17,550,948,718 | |
| Coefficient Of Variation | 96.27 | |
| Mean Deviation | 36,143,212,587 | |
| Median | 21,009,802,000 | |
| Standard Deviation | 40,942,412,065 | |
| Sample Variance | 1676281105.7T | |
| Range | 107.9B | |
| R-Value | 0.95 | |
| Mean Square Error | 192675836.4T | |
| R-Squared | 0.89 | |
| Slope | 8,652,652,279 | |
| Total Sum of Squares | 23467935480.4T |
Salesforce Total Assets History
Other Fundumenentals of Salesforce
Salesforce Total Assets component correlations
Click cells to compare fundamentals
About Salesforce Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Salesforce income statement, its balance sheet, and the statement of cash flows. Salesforce investors use historical funamental indicators, such as Salesforce's Total Assets, to determine how well the company is positioned to perform in the future. Although Salesforce investors may use each financial statement separately, they are all related. The changes in Salesforce's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Salesforce's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Salesforce Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Salesforce. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Assets | 102.8 B | 107.9 B | |
| Intangibles To Total Assets | 0.52 | 0.27 |
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
| 0.69 | DJCO | Daily Journal Corp | PairCorr |
| 0.64 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
Moving against Salesforce Stock
| 0.82 | NOGWQ | Nogin Inc | PairCorr |
| 0.64 | DMAN | Innovativ Media Group | PairCorr |
| 0.62 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
| 0.54 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.49 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
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 Salesforce 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 Salesforce 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.Check out the analysis of Salesforce Correlation against competitors. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Salesforce Stock analysis
When running Salesforce's price analysis, check to measure Salesforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Salesforce is operating at the current time. Most of Salesforce's value examination focuses on studying past and present price action to predict the probability of Salesforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salesforce's price. Additionally, you may evaluate how the addition of Salesforce to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stocks Directory Find actively traded stocks across global markets |
Is Salesforce's industry 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 4.952 | Earnings Share 4.19 | Revenue Per Share 35.787 | Quarterly Revenue Growth 0.108 | Return On Assets 0.0377 |
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.