Salesforce Short Term Investments vs Net Invested Capital Analysis
CRM Stock | USD 274.29 1.15 0.42% |
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 Short Term Investments and its Net Invested Capital 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 tightly coupled 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.
Short Term Investments vs Net Invested Capital
Short Term Investments vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Salesforce Short Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Salesforce's Short Term Investments and Net Invested Capital is 0.92. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Salesforce, assuming nothing else is changed. The correlation between historical values of Salesforce's Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Salesforce are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Term Investments i.e., Salesforce's Short Term Investments and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of Salesforce balance sheet. It contains any investments Salesforce undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Salesforce can easily liquidate in the marketplace.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 tightly coupled 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 April 2024, Tax Provision is likely to grow to about 854.7 M, while Enterprise Value Multiple is likely to drop 22.40.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.5B | 23.0B | 23.5B | 24.7B | Total Revenue | 26.5B | 31.4B | 34.9B | 36.6B |
Salesforce fundamental ratios Correlations
Click cells to compare fundamentals
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 | 102.8B | 107.9B | |
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 | 75.6B | 79.4B | |
Non Currrent Assets Other | 1.3B | 1.7B | 2.3B | 2.7B | 5.5B | 5.7B | |
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 | 102.8B | 107.9B | |
Non Current Liabilities Total | 6.4B | 7.1B | 15.3B | 14.6B | 16.5B | 17.4B | |
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 | 43.2B | 45.3B | |
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 | 6.4B | 6.7B | |
Accounts Payable | 3.4B | 4.4B | 5.5B | 6.7B | 3.2B | 3.4B | |
Cash | 4.1B | 6.2B | 5.5B | 7.0B | 7.1B | 7.5B | |
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 | 7.1B | 7.4B | |
Inventory | 926M | 1.1B | 1.5B | 1.8B | 2.0B | 2.1B | |
Other Current Assets | 916M | 991M | 1.1B | 1.4B | 1.6B | 1.6B | |
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 | 27.2B | 28.5B | |
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 |
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
0.71 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
Moving against Salesforce Stock
0.55 | NOGWQ | Nogin Inc | PairCorr |
0.55 | DTRK | DATATRAK International | 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 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 tightly coupled 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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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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.
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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 4.2 | 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.