Sprinklr Inc (CXM)

Cash ratio

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021
Cash and cash equivalents	US$ in thousands	164,024	172,462	147,683	186,244	188,387	156,025	154,208	131,819	321,426	522,386	433,990
Short-term investments	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	508,160	398,592	423,403	428,581	458,899	368,497	392,190	379,567	395,050	311,207	301,555
Cash ratio		0.32	0.43	0.35	0.43	0.41	0.42	0.39	0.35	0.81	1.68	1.44

January 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($164,024K + $—K) ÷ $508,160K
= 0.32

The cash ratio of Sprinklr Inc has exhibited fluctuations over the past several quarters. The cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a stronger ability to cover short-term obligations.

Looking at the trend in Sprinklr Inc's cash ratio, we can see that it has varied between 0.32 and 1.68 over the past eleven quarters. The company's cash ratio reached its peak at 1.68 in October 2021, indicating a robust liquidity position at that time. However, the cash ratio has steadily declined since then, with the latest reported ratio for January 2024 standing at 0.32.

This downward trend in the cash ratio may indicate a decrease in the company's ability to cover its short-term liabilities solely with its cash and cash equivalents. It is essential for investors and stakeholders to monitor this ratio closely as it provides insights into the company's liquidity position and ability to meet its financial obligations in the short term.