Sprinklr Inc (CXM)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,223,110 | 1,087,710 | 1,072,650 | 1,024,020 | 1,024,990 | 896,995 | 911,284 | 900,173 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 of Sprinklr Inc has consistently been 0.00 for the past 11 quarters, indicating that the company has not utilized debt financing to fund its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed through equity or internally generated funds, rather than through external borrowing. This may reflect a conservative financial strategy focused on maintaining a strong financial position with minimal debt obligations. Additionally, a low debt-to-assets ratio can signify financial stability, lower financial risk, and potentially better access to credit facilities at favorable terms. It is important to note that while a low debt-to-assets ratio can be favorable, it is essential to assess other financial metrics and factors to gain a comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Jan 31, 2024