Sprinklr Inc (CXM)

Interest coverage

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	33,945	13,667	-4,125	-31,289	-51,224	-85,202	-105,365	-112,099
Interest expense (ttm)	US$ in thousands	0	0	0	0	0	0	0	1,252
Interest coverage		—	—	—	—	—	—	—	-89.54

January 31, 2024 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $33,945K ÷ $0K
= —

Based on the available data, it appears that Sprinklr Inc had negative interest coverage in the most recent reported periods from April 30, 2022, to October 31, 2023. This implies that the company was not generating enough operating income to cover its interest expenses during these periods. The significant negative interest coverage of -89.54 as of April 30, 2022, suggests a concerning financial situation where the company's earnings were insufficient to meet its interest obligations by almost 90 times. This could indicate a potential risk for the company's ability to service its debt and could raise concerns for creditors and investors about the company's financial stability.