Salesforce's financial stability showcased by reduced debt and increased cash reserves

Salesforce, Inc. (NYSE:CRM) has demonstrated its financial resilience through a significant reduction in its debt and an increase in cash reserves. As of July 2023, the tech giant's debt stood at $9.42 billion, marking a decrease from the previous year's figure of $10.6 billion. Simultaneously, it held cash reserves amounting to $12.4 billion, resulting in a net cash position of $2.97 billion.

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