Sprinklr Inc (CXM)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 679,704 | 658,204 | 617,286 | 578,852 | 549,332 | 517,428 | 508,015 | 506,358 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 11 quarters, indicating that the company has been utilizing a capital structure with no debt or a minimal amount of debt in relation to its total capital. This implies that Sprinklr has been primarily funded by equity and may not have significant financial leverage. A low or zero debt-to-capital ratio can be viewed positively by investors and creditors as it signifies lower financial risk and potentially lower interest expenses. However, it's essential to consider the full financial picture of the company to understand the implications of such a low debt-to-capital ratio on its overall financial health and growth prospects.
Peer comparison
Jan 31, 2024