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	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	0	—	—
Total stockholders’ equity	US$ in thousands	679,704	658,204	617,286	578,852	549,332	517,428	508,015	506,358	515,849	532,159	546,206
Debt-to-capital 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-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.