Sprinklr Inc (CXM)

Current 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
Total current assets	US$ in thousands	1,000,980	887,319	877,889	851,449	862,529	757,603	778,638	772,384	805,257	741,883	747,864
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
Current ratio		1.97	2.23	2.07	1.99	1.88	2.06	1.99	2.03	2.04	2.38	2.48

January 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,000,980K ÷ $508,160K
= 1.97

The current ratio of Sprinklr Inc has shown some fluctuation over the past several quarters. The ratio, which measures the company's ability to cover its short-term liabilities with its short-term assets, has generally been above 2, indicating a healthy liquidity position.

However, there have been some variations in the current ratio over time, with some quarters showing ratios slightly below 2, such as in January 2023 and April 2023. These lower ratios suggest that the company may have had slightly less liquidity to cover its short-term obligations during those periods.

Overall, the trend in the current ratio of Sprinklr Inc indicates that the company has maintained a relatively stable liquidity position, with most quarters showing ratios comfortably above 2. It is important to continue monitoring this ratio to ensure that the company can meet its short-term financial obligations.