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CrowdStrike Holdings (CrowdStrike Holdings) Current Ratio : 1.76 (As of Jan. 2024)


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What is CrowdStrike Holdings Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. CrowdStrike Holdings's current ratio for the quarter that ended in Jan. 2024 was 1.76.

CrowdStrike Holdings has a current ratio of 1.76. It generally indicates good short-term financial strength.

The historical rank and industry rank for CrowdStrike Holdings's Current Ratio or its related term are showing as below:

CRWD' s Current Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.76   Max: 2.65
Current: 1.76

During the past 8 years, CrowdStrike Holdings's highest Current Ratio was 2.65. The lowest was 0.93. And the median was 1.76.

CRWD's Current Ratio is ranked worse than
50.81% of 2828 companies
in the Software industry
Industry Median: 1.79 vs CRWD: 1.76

CrowdStrike Holdings Current Ratio Historical Data

The historical data trend for CrowdStrike Holdings's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CrowdStrike Holdings Current Ratio Chart

CrowdStrike Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Current Ratio
Get a 7-Day Free Trial 2.38 2.65 1.83 1.73 1.76

CrowdStrike Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 1.78 1.82 1.74 1.76

Competitive Comparison of CrowdStrike Holdings's Current Ratio

For the Software - Infrastructure subindustry, CrowdStrike Holdings's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CrowdStrike Holdings's Current Ratio Distribution in the Software Industry

For the Software industry and Technology sector, CrowdStrike Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where CrowdStrike Holdings's Current Ratio falls into.



CrowdStrike Holdings Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

CrowdStrike Holdings's Current Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Current Ratio (A: Jan. 2024 )=Total Current Assets (A: Jan. 2024 )/Total Current Liabilities (A: Jan. 2024 )
=4757.307/2697.279
=1.76

CrowdStrike Holdings's Current Ratio for the quarter that ended in Jan. 2024 is calculated as

Current Ratio (Q: Jan. 2024 )=Total Current Assets (Q: Jan. 2024 )/Total Current Liabilities (Q: Jan. 2024 )
=4757.307/2697.279
=1.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CrowdStrike Holdings  (NAS:CRWD) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


CrowdStrike Holdings Current Ratio Related Terms

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CrowdStrike Holdings (CrowdStrike Holdings) Business Description

Traded in Other Exchanges
Address
206 E. 9th Street, Suite 1400, Austin, TX, USA, 78701
CrowdStrike is a cloud-based cybersecurity company specializing in next-generation endpoint and cloud workload protection. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.
Executives
Michael Sentonas officer: PRESIDENT C/O CROWDSTRIKE, INC., 206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
George Kurtz director, 10 percent owner, officer: PRESIDENT AND CEO CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Sameer K Gandhi director, 10 percent owner
Anurag Saha officer: CHIEF ACCOUNTING OFFICER 206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
Shawn Henry officer: Please see remarks CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Burt W. Podbere officer: CHIEF FINANCIAL OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Denis Oleary director 40 MORRIS LANE, SCARSDALE NY 10583
Godfrey Sullivan director SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Roxanne S Austin director 200 N SEPULVEDA BLVD, PO BOX 956 MS ES/001/A102, EL SEGUNDO CA 90245
Johanna Flower director C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Gerhard Watzinger director 2821 TARFLOWER WAY, NAPLES FL 34105
Michael J. Carpenter officer: PRES., GLBAL SALES & FLD OPS CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Black Colin officer: CHIEF OPERATING OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVAL CA 94086
Abhishek Maheshwari officer: CHIEF ACCOUNTING OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Cary Davis director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017