Sprinklr Inc (CXM)

Financial leverage ratio

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 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 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020
Total assets US$ in thousands 1,184,200 970,301 983,798 1,124,110 1,223,110 1,087,710 1,072,650 1,024,020 1,024,990 896,995 911,284 900,173 920,046 844,710 851,478 573,041 585,893 585,893
Total stockholders’ equity US$ in thousands 612,063 497,024 468,967 610,931 679,704 658,204 617,286 578,852 549,332 517,428 508,015 506,358 515,849 518,414 533,984 184,299 182,733 182,733
Financial leverage ratio 1.93 1.95 2.10 1.84 1.80 1.65 1.74 1.77 1.87 1.73 1.79 1.78 1.78 1.63 1.59 3.11 3.21 3.21

January 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,184,200K ÷ $612,063K
= 1.93

The financial leverage ratio of Sprinklr Inc has shown fluctuations over the period from October 31, 2020, to January 31, 2025. The ratio decreased from 3.21 on October 31, 2020, to a low of 1.59 on July 31, 2021, indicating a reduction in the company's reliance on debt to finance its operations. Subsequently, the ratio gradually increased, reaching 2.10 on July 31, 2024, before declining slightly to 1.93 by January 31, 2025.

Overall, the trend in the financial leverage ratio suggests that Sprinklr Inc has been effectively managing its debt levels, optimizing its capital structure, and reducing financial risk. The company's ability to lower its leverage ratio over time indicates a prudent approach towards balancing debt and equity to support sustainable growth and financial stability.