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	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	0	—	—
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	920,046	844,710	851,478
Debt-to-assets ratio		0.00	0.00	0.00	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.