ServiceNow Debt To Equity from 2010 to 2024

NOW Stock  USD 1,061  13.55  1.29%   
ServiceNow Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity will likely drop to 0.20 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.20673833
Current Value
0.2
Quarterly Volatility
0.5486813
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ServiceNow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ServiceNow's main balance sheet or income statement drivers, such as Depreciation And Amortization of 552.3 M, Interest Expense of 21 M or Selling General Administrative of 906.1 M, as well as many indicators such as Price To Sales Ratio of 15.27, Dividend Yield of 1.0E-4 or PTB Ratio of 16.34. ServiceNow financial statements analysis is a perfect complement when working with ServiceNow Valuation or Volatility modules.
  
Check out the analysis of ServiceNow Correlation against competitors.
For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.

Latest ServiceNow's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of ServiceNow over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. ServiceNow's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ServiceNow's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.47 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

ServiceNow Debt To Equity Regression Statistics

Arithmetic Mean0.73
Coefficient Of Variation75.62
Mean Deviation0.44
Median0.60
Standard Deviation0.55
Sample Variance0.30
Range2.1958
R-Value(0.33)
Mean Square Error0.29
R-Squared0.11
Significance0.22
Slope(0.04)
Total Sum of Squares4.21

ServiceNow Debt To Equity History

2024 0.2
2023 0.21
2022 0.31
2021 0.45
2019 0.35
2018 0.6
2017 2.01

About ServiceNow Financial Statements

ServiceNow investors use historical fundamental indicators, such as ServiceNow's Debt To Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ServiceNow. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.21  0.20 

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Additional Tools for ServiceNow Stock Analysis

When running ServiceNow's price analysis, check to measure ServiceNow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.