Sprinklr Inc (CXM)

Cash ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	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	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020
Cash and cash equivalents	US$ in thousands	145,270	93,239	119,119	128,145	165,518	172,462	147,683	186,244	188,387	156,025	154,208	131,819	321,426	522,386	433,990	84,189	68,037	68,037
Short-term investments	US$ in thousands	338,189	383,404	349,332	483,264	498,531	483,969	480,725	418,194	390,239	388,089	386,646	399,039	210,983	19,111	114,806	191,046	212,652	212,652
Total current liabilities	US$ in thousands	517,583	418,853	459,291	460,324	508,160	398,592	423,403	428,581	458,899	368,497	392,190	379,567	388,403	311,207	301,555	288,430	301,564	301,564
Cash ratio		0.93	1.14	1.02	1.33	1.31	1.65	1.48	1.41	1.26	1.48	1.38	1.40	1.37	1.74	1.82	0.95	0.93	0.93

January 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($145,270K + $338,189K) ÷ $517,583K
= 0.93

The cash ratio of Sprinklr Inc has shown fluctuations over the period from October 31, 2020, to January 31, 2025. The cash ratio measures the company's ability to cover its current liabilities with its cash and cash equivalents.

Initially, the cash ratio remained relatively stable around 0.93 to 0.95 from October 31, 2020, to April 30, 2021. However, there was a significant improvement in the ratio as of July 31, 2021, where it increased to 1.82. This indicates that the company had a higher level of cash and cash equivalents to cover its short-term liabilities.

The ratio continued to remain above 1 from July 31, 2021, to October 31, 2023, reflecting a strong liquidity position for the company. This indicates that the company had more than enough cash to cover its short-term obligations during this period.

From January 31, 2024, to October 31, 2024, there was a slight decrease in the cash ratio, dropping to 1.02 by July 31, 2024. This suggests a potential decline in the company's ability to cover its short-term liabilities solely with cash and cash equivalents during this period.

By January 31, 2025, the cash ratio returned to 0.93, which is where it was at the beginning of the analysis period. This decrease may indicate a need for the company to reassess its liquidity position and ensure it has sufficient cash reserves to meet its short-term obligations.

Overall, while the company has maintained a healthy cash ratio above 1 for most of the period, the fluctuations observed highlight the importance of closely monitoring liquidity levels to ensure the company can meet its short-term financial commitments.