Snowflake Financials

SNOW Stock  USD 171.35  42.23  32.71%   
Based on the measurements of operating efficiency obtained from Snowflake's historical financial statements, Snowflake may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Snowflake's Other Current Liabilities is fairly stable compared to the past year. Other Liabilities is likely to climb to about 43.3 M in 2024, despite the fact that Net Debt is likely to grow to (1.4 B). Key indicators impacting Snowflake's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00620.0066
Notably Down
Slightly volatile
Current Ratio3.581.8451
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for Snowflake includes many different criteria found on its balance sheet. An individual investor should monitor Snowflake's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Snowflake.

Net Income

(794.29 Million)

  
Understanding current and past Snowflake Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Snowflake's financial statements are interrelated, with each one affecting the others. For example, an increase in Snowflake's assets may result in an increase in income on the income statement.

Snowflake Earnings Geography

Please note, the imprecision that can be found in Snowflake's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Snowflake. Check Snowflake's Beneish M Score to see the likelihood of Snowflake's management manipulating its earnings.

Snowflake Stock Summary

Snowflake competes with C3 Ai, Shopify, Workday, Intuit, and Zoom Video. Snowflake Inc. provides a cloud-based data platform in the United States and internationally. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana. Snowflake Inc operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 4991 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8334451098
CUSIP833445109
LocationCalifornia; U.S.A
Business Address106 East Babcock
SectorIT Services
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.snowflake.com
Phone844 766 9355
CurrencyUSD - US Dollar

Snowflake Key Financial Ratios

Snowflake Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.0B5.9B6.6B7.7B8.2B8.6B
Net Debt84.1M(615.6M)(879.4M)(688.2M)(1.5B)(1.4B)
Retained Earnings(700.3M)(1.2B)(1.9B)(2.7B)(4.1B)(3.9B)
Cash127.2M820.2M1.1B939.9M1.8B1.9B
Net Receivables179.5M294.0M545.6M715.8M926.9M973.2M
Total Liab1.6B985.3M1.6B2.3B3.0B1.6B
Total Current Assets665.2M4.3B4.6B5.0B5.0B2.5B
Short Term Debt18.1M19.7M50.2M54.6M67.9M71.3M
Intangible Assets4.8M16.1M37.1M186.0M331.4M348.0M
Other Current Liab62.8M125.3M162.9M221.8M375.8M394.6M
Other Liab11.4M11.1M22.4M35.8M41.2M43.3M
Net Tangible Assets(558.8M)4.9B5.0B4.6B5.3B3.0B
Accounts Payable8.5M5.6M13.4M23.7M51.7M54.3M
Other Assets89.0M134.0M453.8M226.2M260.1M208.0M
Other Current Assets25.3M98.6M200.9M434.7M266.1M192.9M
Net Invested Capital(544.8M)4.9B5.0B5.5B5.2B3.6B
Capital Stock6K28K31K32K34K24.9K
Net Working Capital248.7M3.5B3.2B3.0B2.3B2.3B

Snowflake Key Income Statement Accounts

The reason investors look at the income statement is to determine what Snowflake's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense10.5M6.9M38.1M73.8M84.9M89.2M
Total Revenue264.7M592.0M1.2B2.1B2.8B2.9B
Gross Profit148.2M349.5M760.9M1.3B1.9B2.0B
Operating Income(358.1M)(543.9M)(715.0M)(842.3M)(1.1B)(1.0B)
Ebit(358.1M)(577.4M)(750.6M)(847.2M)(1.1B)(1.0B)
Ebitda(354.6M)(534.1M)(693.5M)(783.6M)(974.9M)(926.1M)
Cost Of Revenue116.6M242.6M458.4M717.5M898.6M943.5M
Net Income(348.5M)(539.1M)(679.9M)(797.5M)(836.1M)(794.3M)
Income Tax Expense993K2.1M3.0M(18.5M)(11.2M)(10.7M)
Tax Provision993K2.1M3.0M(18.5M)(11.2M)(10.7M)
Net Interest Income11.6M7.5M9.1M73.8M200.7M210.7M
Interest Income11.6M7.5M9.1M73.8M200.7M210.7M
Research Development105.2M237.9M466.9M788.1M1.3B1.4B
Income Before Tax(347.5M)(537.0M)(677.0M)(816.0M)(849.2M)(891.7M)

Snowflake Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Snowflake's current stock value. Our valuation model uses many indicators to compare Snowflake value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Snowflake competition to find correlations between indicators driving Snowflake's intrinsic value. More Info.
Snowflake is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Snowflake's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Snowflake by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Snowflake Systematic Risk

Snowflake's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Snowflake volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Snowflake correlated with the market. If Beta is less than 0 Snowflake generally moves in the opposite direction as compared to the market. If Snowflake Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Snowflake is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Snowflake is generally in the same direction as the market. If Beta > 1 Snowflake moves generally in the same direction as, but more than the movement of the benchmark.

Snowflake Thematic Clasifications

Snowflake is part of Warren Buffett Holdings investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Equities that Berkshire Hathaway invests in via either BRK-A or BRK-B common stocks. A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway
Warren Buffett HoldingsView
This theme covers Equities that Berkshire Hathaway invests in via either BRK-A or BRK-B common stocks. A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. Get More Thematic Ideas
Today, most investors in Snowflake Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Snowflake's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Snowflake growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(36.46)

At this time, Snowflake's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Snowflake November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Snowflake help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Snowflake. We use our internally-developed statistical techniques to arrive at the intrinsic value of Snowflake based on widely used predictive technical indicators. In general, we focus on analyzing Snowflake Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Snowflake's daily price indicators and compare them against related drivers.

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.