Sprinklr Inc (CXM)
Debt-to-assets ratio
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 0 |
| Total assets | US$ in thousands | 1,223,110 | 1,024,990 | 920,046 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 |
January 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,223,110K
= 0.00
The debt-to-assets ratio for Sprinklr Inc has consistently been 0.00 for the past three years, which indicates that the company does not rely on debt to finance its assets. This could be a positive sign as it shows that the company has a solid financial structure and is not heavily dependent on borrowed funds. However, it's important to note that a 0.00 debt-to-assets ratio may also suggest that the company is not taking advantage of debt for potential growth opportunities or leveraging its capital structure effectively. Further analysis of the company's overall financial health and strategic decisions would be beneficial to fully understand the implications of this ratio.
Peer comparison
Jan 31, 2024