1988Hawk's  Instablog

Send Message
  • The Trend Of CRM Financials 0 comments
    Apr 1, 2014 10:36 AM | about stocks: CRM

    I thought it interesting to note some points regarding CRM financials and how they have progressed over the last 5 years. The following are key financial elements measured from FY2010 and then again at the end of FY2014. The trend is startling and surprising given CRM market valuation.

    Total Current Assets = Increased $1.0B

    Total Current Liabilities = Increased $3.0B

    Total LT Debt = Increased $2.0B

    Total Outstanding Shares = Increased 100 Million or $5.7B at current market valuation

    Needless to say, this trend cannot go forward for long. CRM seemingly has been in the business of selling it's story to the street and then issuing additional shares to pay for poor P&L performance. What I really find hard to believe are the great numbers of "esteemed" financial experts who still promote this company.

    Disclosure: I am short CRM.

    Stocks: CRM
Back To 1988Hawk's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • $CRM recently issued a Form D for approximately $400 million, can anyone shed some light on this?
    Aug 14, 2014
  • The Trend Of CRM Financials $CRM http://seekingalpha.com/p/1o2dx
    Apr 1, 2014
More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.