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 | ||
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 679,704 | 658,204 | 617,286 | 578,852 | 549,332 | 517,428 | 508,015 | 506,358 |
| Financial leverage ratio | 1.80 | 1.65 | 1.74 | 1.77 | 1.87 | 1.73 | 1.79 | 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 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.
Peer comparison
Jan 31, 2024