Snowflake Return On Tangible Assets from 2010 to 2024

SNOW Stock  USD 167.44  3.91  2.28%   
Snowflake Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.13 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.12)
Current Value
(0.13)
Quarterly Volatility
0.07129756
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snowflake financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snowflake's main balance sheet or income statement drivers, such as Depreciation And Amortization of 125.9 M, Interest Expense of 89.2 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 21.72, Dividend Yield of 0.0 or PTB Ratio of 13.01. Snowflake financial statements analysis is a perfect complement when working with Snowflake Valuation or Volatility modules.
  
Check out the analysis of Snowflake Correlation against competitors.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.

Latest Snowflake's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Snowflake over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Snowflake's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Snowflake's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Snowflake Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.20)
Coefficient Of Variation(35.58)
Mean Deviation0.06
Median(0.23)
Standard Deviation0.07
Sample Variance0.01
Range0.2568
R-Value0.60
Mean Square Error0
R-Squared0.36
Significance0.02
Slope0.01
Total Sum of Squares0.07

Snowflake Return On Tangible Assets History

2024 -0.13
2022 -0.12
2021 -0.1
2020 -0.0914
2019 -0.35

About Snowflake Financial Statements

Snowflake investors use historical fundamental indicators, such as Snowflake's Return On Tangible Assets, 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 Snowflake. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.12)(0.13)

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Additional Tools for Snowflake Stock Analysis

When running Snowflake's price analysis, check to measure Snowflake'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 Snowflake is operating at the current time. Most of Snowflake's value examination focuses on studying past and present price action to predict the probability of Snowflake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snowflake's price. Additionally, you may evaluate how the addition of Snowflake to your portfolios can decrease your overall portfolio volatility.