Sprinklr Inc (CXM)
Debt-to-capital ratio
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 0 |
| Total stockholders’ equity | US$ in thousands | 679,704 | 549,332 | 515,849 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 |
January 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $679,704K)
= 0.00
The debt-to-capital ratio for Sprinklr Inc has consistently been 0.00 for the past three years (as of January 31, 2022, 2023, and 2024). A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during these periods. This implies that Sprinklr Inc has been relying on equity financing to fund its operations rather than taking on debt. It may suggest a conservative financial strategy, as the company has not been leveraging its operations with debt.
However, it is important to note that a 0.00 debt-to-capital ratio could also mean that the company has a very small amount of debt compared to its total capital, making it negligible in the calculation. While having a low or zero debt-to-capital ratio can be viewed positively in terms of financial stability and lower financial risk, it may also indicate a limited ability to leverage debt for potential growth opportunities. Overall, further analysis of the capital structure and the reasons behind the consistently low debt-to-capital ratio would provide a more comprehensive understanding of Sprinklr Inc's financial position.
Peer comparison
Jan 31, 2024