Sprinklr Inc (CXM)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
Sprinklr Inc's solvency ratios indicate a strong financial position with consistently low levels of debt in relation to its assets, capital, and equity. The debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio have all been consistently at 0.00 over the past few years, indicating that the company is not heavily reliant on debt to finance its operations.
The financial leverage ratio, which measures the company's reliance on debt financing compared to equity, has shown a decreasing trend over the period. This indicates that Sprinklr Inc has been reducing its financial leverage, which is a positive sign for solvency as it means the company is becoming less dependent on debt to support its operations.
Overall, the solvency ratios suggest that Sprinklr Inc is in a strong financial position with minimal debt and a reasonable balance between debt and equity in its capital structure. This bodes well for the company's ability to weather financial challenges and indicates a solid foundation for future growth and sustainability.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | 5.06 | 7.83 | 10.97 | 4.45 | 1.92 | 0.06 | -2.46 | -5.43 | -10.97 | -16.32 | -35.34 | -34.50 | — | — | — | — | — |
Sprinklr Inc's interest coverage ratio reflects the company's ability to meet its interest obligations with its operating income. The data shows that the interest coverage ratio was negative from January 31, 2022, to July 31, 2023, indicating that the company's operating income was insufficient to cover its interest expenses during this period.
The trend improved from October 31, 2023, onwards, with the interest coverage ratio turning positive. Specifically, the interest coverage ratio increased steadily from 0.06 on July 31, 2023, to 5.06 on October 31, 2024, indicating a better ability to cover interest expenses with operating income.
However, it is important to note that the interest coverage ratio was not available for certain periods, including October 31, 2020, to January 31, 2021, and January 31, 2025, which might imply potential data limitations or reporting issues in those periods.
Overall, the analysis of Sprinklr Inc's interest coverage ratio reveals fluctuations over time, with a significant improvement in recent periods, suggesting better financial health and a stronger ability to service its debt obligations with operating earnings.