Sprinklr Inc (CXM)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 |
January 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $679,704K
= 0.00
Based on the provided data for Sprinklr Inc, the debt-to-equity ratio has consistently been calculated as 0.00 for the past three fiscal years ending on January 31, 2022, January 31, 2023, and January 31, 2024. A debt-to-equity ratio of 0.00 typically indicates that the company has no debt or a minimal level of debt relative to its equity.
A debt-to-equity ratio of 0.00 suggests that Sprinklr Inc has been primarily funded by equity rather than debt during the period under review. This could signify a strong financial position and a lower financial risk for the company, as it is not heavily relying on borrowed funds to support its operations and growth.
However, while a low or zero debt-to-equity ratio can be perceived positively in terms of financial stability and flexibility, it is also important to note that having some level of debt can be beneficial for tax advantages and leveraging opportunities. Overall, further analysis into the company's capital structure and long-term financial strategy would provide a more comprehensive understanding of its financial health and risk management practices.
Peer comparison
Jan 31, 2024