Sprinklr Inc (CXM)
Financial leverage ratio
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | ||
|---|---|---|---|---|
| Total assets | US$ in thousands | 1,223,110 | 1,024,990 | 920,046 |
| Total stockholders’ equity | US$ in thousands | 679,704 | 549,332 | 515,849 |
| Financial leverage ratio | 1.80 | 1.87 | 1.78 |
January 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,223,110K ÷ $679,704K
= 1.80
The financial leverage ratio of Sprinklr Inc has exhibited some fluctuations over the past three years. As of January 31, 2024, the ratio stood at 1.80, showing a slight decrease from 1.87 recorded on January 31, 2023, but was relatively consistent with the 1.78 ratio reported on January 31, 2022.
A financial leverage ratio of 1.80 implies that the company's assets are funded 1.80 times by its debts, indicating a moderate level of leverage. The decrease in the ratio from the prior year may suggest that Sprinklr Inc has reduced its reliance on debt financing compared to the previous year.
While the trend indicates some fluctuation, it is important to assess the company's overall debt management strategies in conjunction with other financial ratios and performance metrics to gain a more comprehensive understanding of Sprinklr Inc's financial health and leverage position.
Peer comparison
Jan 31, 2024