Sprinklr Inc (CXM)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $679,704K
= 0.00
Based on the historical data provided for Sprinklr Inc, the debt-to-equity ratio has consistently remained at 0.00 for each period from January 31, 2021, to January 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has not utilized any debt financing to fund its operations and growth, as its total liabilities are equal to zero or substantially lower than its total equity.
This stable trend of a debt-to-equity ratio of 0.00 suggests that Sprinklr Inc has been relying predominantly on equity financing rather than debt to support its business activities. This can be seen as a positive indicator of financial stability and low financial risk, as the company's operations are not burdened by significant debt obligations. The absence of debt also implies that the company may have a strong financial position and may not be highly leveraged, which can be advantageous in terms of financial flexibility and resilience to economic downturns.
Overall, the consistent debt-to-equity ratio of 0.00 for Sprinklr Inc over the analyzed periods indicates a sound financial structure characterized by a conservative approach to capital structure and a relatively low level of financial leverage.
Peer comparison
Jan 31, 2024