Sprinklr Inc (CXM)
Quick 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 | 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 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($145,270K
+ $338,189K
+ $—K)
÷ $517,583K
= 0.93
The quick ratio of Sprinklr Inc has shown fluctuations over the periods analyzed. The quick ratio measures the company's ability to meet its short-term obligations using its most liquid assets. A quick ratio of 1 or higher is generally considered healthy, indicating that the company has enough liquid assets to cover its short-term liabilities.
From October 2020 to January 2021, the quick ratio remained stable at 0.93, suggesting that the company had just enough liquid assets to cover its short-term liabilities. By April 2021, the quick ratio improved slightly to 0.95, showing a modest increase in liquidity.
A significant improvement in the quick ratio was observed in July 2021, with a ratio of 1.82, indicating a substantial increase in liquidity and the company's ability to meet its short-term obligations comfortably. This trend continued into October 2021, with a slightly lower but still strong quick ratio of 1.74.
Subsequently, the quick ratio fluctuated between 1.37 and 1.48 over the following quarters, suggesting adequate liquidity levels for covering short-term liabilities. However, in July 2024, the quick ratio dropped to 1.02, indicating a potential decrease in liquidity and a possible challenge in meeting short-term obligations.
By January 2025, the quick ratio reverted to 0.93, similar to the levels seen in the initial period analyzed, implying a potential decrease in liquid assets relative to short-term liabilities. Overall, while the quick ratio of Sprinklr Inc has shown some variability, it generally remained above 1 for most periods, indicating a reasonable level of liquidity to handle short-term debt obligations.
Peer comparison
Jan 31, 2025