CRMSalesforce

$248.72

Is it safe?

Can CRM take a bad year?

Salesforce carries $27.9B of net debt at 2.20× EBITDA: a load its earnings can carry.

$27.9B

Net debt · as at Q2 2027 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.20×

Net debt / EBITDA · −0.61× a year ago · the load is going up

Altman Z-score
2.40

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
8.92×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ2 2027
$39.3B
Cash and short-term investments
$11.4B
Net debt
$27.9B
EBITDA, trailing twelve months
$12.7B
Operating profit, trailing twelve months
$8.73B
Debt / equity
1.02×
Total debt / EBITDA
3.10×
Annualised volatilitytwo years of daily moves
39%
Worst drawdown on file
−59%
Below its 52-week high
6.1%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.