Sprinklr Inc (CXM)

Financial leverage 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
Total assets	US$ in thousands	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
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
Financial leverage ratio		1.80	1.65	1.74	1.77	1.87	1.73	1.79	1.78	1.78	1.59	1.56

January 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,223,110K ÷ $679,704K
= 1.80

The financial leverage ratio for Sprinklr Inc has shown some fluctuations over the past few quarters. From July 31, 2021 to January 31, 2023, the ratio increased steadily from 1.56 to 1.87, indicating an increase in the company's reliance on debt to finance its operations and growth.

However, from January 31, 2023 to January 31, 2024, there was a slight decrease in the financial leverage ratio from 1.87 to 1.80. This could suggest a potential reduction in the company's debt relative to its equity, which may signify an improved financial position and lower financial risk.

Overall, the trend in the financial leverage ratio for Sprinklr Inc indicates varying levels of leverage used by the company to fund its operations and investments. Monitoring this ratio over time can provide valuable insights into the company's capital structure and financial risk profile.