Servicenow Stock Short Ratio

NOW Stock

USD 1,047 24.07 2.35%

ServiceNow fundamentals help investors to digest information that contributes to ServiceNow's financial success or failures. It also enables traders to predict the movement of ServiceNow Stock. The fundamental analysis module provides a way to measure ServiceNow's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ServiceNow stock.

Other Current Liab Total Assets

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ServiceNow Company Short Ratio Analysis

ServiceNow's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current ServiceNow Short Ratio

2.70 X

Most of ServiceNow's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ServiceNow is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ServiceNow Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for ServiceNow is extremely important. It helps to project a fair market value of ServiceNow Stock properly, considering its historical fundamentals such as Short Ratio. Since ServiceNow's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ServiceNow's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ServiceNow's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Good Will	Capital Surpluse	Deferred Long Term Liab	Intangible Assets	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	1.0	0.67	0.79	0.78	1.0	0.98	0.99	1.0	0.27	0.21	0.99	0.99	0.81	0.97	0.99	0.98	0.81	0.82	0.99	-0.8	0.85	0.79	0.44	-0.88
Total Stockholder Equity	0.99		0.98	0.58	0.87	0.76	0.98	0.97	0.97	0.97	0.18	0.15	0.98	0.99	0.73	0.98	0.97	0.97	0.73	0.76	1.0	-0.76	0.79	0.84	0.4	-0.88
Current Deferred Revenue	1.0	0.98		0.69	0.76	0.79	1.0	0.98	1.0	1.0	0.3	0.23	0.99	0.99	0.82	0.97	1.0	0.99	0.83	0.83	0.98	-0.82	0.86	0.76	0.43	-0.88
Net Debt	0.67	0.58	0.69		0.19	0.75	0.7	0.71	0.73	0.73	0.54	0.29	0.65	0.66	0.87	0.57	0.71	0.67	0.86	0.79	0.57	-0.59	0.8	0.19	0.46	-0.58
Retained Earnings	0.79	0.87	0.76	0.19		0.52	0.76	0.75	0.73	0.74	-0.17	0.01	0.81	0.82	0.38	0.85	0.73	0.77	0.38	0.5	0.87	-0.51	0.53	0.87	0.27	-0.76
Accounts Payable	0.78	0.76	0.79	0.75	0.52		0.81	0.85	0.79	0.8	0.23	0.11	0.83	0.81	0.67	0.77	0.81	0.8	0.73	0.67	0.74	-0.6	0.66	0.34	0.46	-0.82
Net Receivables	1.0	0.98	1.0	0.7	0.76	0.81		0.98	1.0	1.0	0.29	0.24	0.99	0.99	0.82	0.97	1.0	0.99	0.84	0.83	0.98	-0.82	0.86	0.74	0.42	-0.88
Short Term Investments	0.98	0.97	0.98	0.71	0.75	0.85	0.98		0.98	0.99	0.36	0.12	0.98	0.97	0.79	0.95	0.99	0.96	0.78	0.79	0.96	-0.75	0.81	0.74	0.49	-0.87
Total Liab	0.99	0.97	1.0	0.73	0.73	0.79	1.0	0.98		1.0	0.33	0.26	0.98	0.98	0.86	0.95	0.99	0.98	0.86	0.86	0.97	-0.81	0.89	0.73	0.46	-0.87
Total Current Assets	1.0	0.97	1.0	0.73	0.74	0.8	1.0	0.99	1.0		0.34	0.22	0.98	0.98	0.84	0.96	1.0	0.98	0.84	0.84	0.97	-0.8	0.87	0.74	0.48	-0.87
Short Term Debt	0.27	0.18	0.3	0.54	-0.17	0.23	0.29	0.36	0.33	0.34		0.22	0.25	0.16	0.39	0.25	0.33	0.22	0.42	0.3	0.17	-0.09	0.33	0.03	0.12	-0.23
Common Stock	0.21	0.15	0.23	0.29	0.01	0.11	0.24	0.12	0.26	0.22	0.22		0.26	0.17	0.37	0.27	0.2	0.27	0.56	0.37	0.15	-0.28	0.45	-0.15	-0.15	-0.44
Property Plant Equipment	0.99	0.98	0.99	0.65	0.81	0.83	0.99	0.98	0.98	0.98	0.25	0.26		0.98	0.77	0.99	0.98	0.98	0.81	0.8	0.98	-0.76	0.83	0.73	0.41	-0.94
Net Tangible Assets	0.99	0.99	0.99	0.66	0.82	0.81	0.99	0.97	0.98	0.98	0.16	0.17	0.98		0.79	0.95	0.98	0.99	0.79	0.82	0.99	-0.82	0.85	0.77	0.47	-0.87
Long Term Debt	0.81	0.73	0.82	0.87	0.38	0.67	0.82	0.79	0.86	0.84	0.39	0.37	0.77	0.79		0.7	0.83	0.81	0.92	0.96	0.74	-0.77	0.94	0.43	0.59	-0.65
Good Will	0.97	0.98	0.97	0.57	0.85	0.77	0.97	0.95	0.95	0.96	0.25	0.27	0.99	0.95	0.7		0.96	0.95	0.75	0.74	0.97	-0.7	0.78	0.78	0.34	-0.94
Capital Surpluse	0.99	0.97	1.0	0.71	0.73	0.81	1.0	0.99	0.99	1.0	0.33	0.2	0.98	0.98	0.83	0.96		0.98	0.84	0.82	0.97	-0.81	0.84	0.74	0.43	-0.86
Deferred Long Term Liab	0.98	0.97	0.99	0.67	0.77	0.8	0.99	0.96	0.98	0.98	0.22	0.27	0.98	0.99	0.81	0.95	0.98		0.84	0.84	0.97	-0.87	0.87	0.72	0.44	-0.88
Intangible Assets	0.81	0.73	0.83	0.86	0.38	0.73	0.84	0.78	0.86	0.84	0.42	0.56	0.81	0.79	0.92	0.75	0.84	0.84		0.9	0.73	-0.8	0.91	0.35	0.32	-0.76
Long Term Debt Total	0.82	0.76	0.83	0.79	0.5	0.67	0.83	0.79	0.86	0.84	0.3	0.37	0.8	0.82	0.96	0.74	0.82	0.84	0.9		0.78	-0.77	0.98	0.49	0.63	-0.7
Long Term Investments	0.99	1.0	0.98	0.57	0.87	0.74	0.98	0.96	0.97	0.97	0.17	0.15	0.98	0.99	0.74	0.97	0.97	0.97	0.73	0.78		-0.77	0.81	0.85	0.43	-0.86
Short Long Term Debt	-0.8	-0.76	-0.82	-0.59	-0.51	-0.6	-0.82	-0.75	-0.81	-0.8	-0.09	-0.28	-0.76	-0.82	-0.77	-0.7	-0.81	-0.87	-0.8	-0.77	-0.77		-0.79	-0.52	-0.35	0.62
Cash And Equivalents	0.85	0.79	0.86	0.8	0.53	0.66	0.86	0.81	0.89	0.87	0.33	0.45	0.83	0.85	0.94	0.78	0.84	0.87	0.91	0.98	0.81	-0.79		0.52	0.57	-0.74
Net Invested Capital	0.79	0.84	0.76	0.19	0.87	0.34	0.74	0.74	0.73	0.74	0.03	-0.15	0.73	0.77	0.43	0.78	0.74	0.72	0.35	0.49	0.85	-0.52	0.52		0.29	-0.55
Net Working Capital	0.44	0.4	0.43	0.46	0.27	0.46	0.42	0.49	0.46	0.48	0.12	-0.15	0.41	0.47	0.59	0.34	0.43	0.44	0.32	0.63	0.43	-0.35	0.57	0.29		-0.28
Capital Stock	-0.88	-0.88	-0.88	-0.58	-0.76	-0.82	-0.88	-0.87	-0.87	-0.87	-0.23	-0.44	-0.94	-0.87	-0.65	-0.94	-0.86	-0.88	-0.76	-0.7	-0.86	0.62	-0.74	-0.55	-0.28

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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Competition

Predict ServiceNow

ServiceNow Price To Sales Ratio

Price To Sales Ratio

15.27

At this time, ServiceNow's Price To Sales Ratio is fairly stable compared to the past year.

Based on the latest financial disclosure, ServiceNow has a Short Ratio of 2.7 times. This is 44.33% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The short ratio for all United States stocks is 32.5% higher than that of the company.

ServiceNow Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ServiceNow's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ServiceNow could also be used in its relative valuation, which is a method of valuing ServiceNow by comparing valuation metrics of similar companies.

ServiceNow is currently under evaluation in short ratio category among its peers.

ServiceNow ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ServiceNow's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ServiceNow's managers, analysts, and investors.

Environmental

Governance

Social

ServiceNow Institutional Holders

Institutional Holdings refers to the ownership stake in ServiceNow that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ServiceNow's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ServiceNow's value.

		Shares
Ubs Asset Mgmt Americas Inc	2024-09-30	2.6 M
Wellington Management Company Llp	2024-06-30	2.6 M
Edgewood Management Llc	2024-09-30	2.4 M
Norges Bank	2024-06-30	2.3 M
Polen Capital	2024-09-30	2.2 M
Jennison Associates Llc	2024-09-30	2 M
Northern Trust Corp	2024-09-30	2 M
Capital Research Global Investors	2024-09-30	1.9 M
Nuveen Asset Management, Llc	2024-06-30	1.9 M
Vanguard Group Inc	2024-09-30	19 M
Blackrock Inc	2024-06-30	17.1 M

ServiceNow Fundamentals

	Return On Equity	0.16
	Return On Asset	0.047
	Profit Margin	0.13 %
	Operating Margin	0.15 %
	Current Valuation	208.01 B
	Shares Outstanding	206.32 M
	Shares Owned By Insiders	0.18 %
	Shares Owned By Institutions	93.96 %
	Number Of Shares Shorted	3.39 M
	Price To Earning	415.52 X
	Price To Book	22.72 X
	Price To Sales	20.17 X
	Revenue	8.97 B
	Gross Profit	5.67 B
	EBITDA	1.29 B
	Net Income	1.73 B
	Cash And Equivalents	1.47 B
	Cash Per Share	19.55 X
	Total Debt	2.28 B
	Debt To Equity	0.47 %
	Current Ratio	1.24 X
	Book Value Per Share	45.03 X
	Cash Flow From Operations	3.4 B
	Short Ratio	2.70 X
	Earnings Per Share	6.44 X
	Price To Earnings To Growth	2.77 X
	Target Price	1005.92
	Number Of Employees	22.67 K
	Beta	0.99
	Market Capitalization	211.06 B
	Total Asset	17.39 B
	Retained Earnings	2.07 B
	Working Capital	412 M
	Current Asset	1.09 B
	Current Liabilities	731.64 M
	Net Asset	17.39 B

About ServiceNow Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ServiceNow's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ServiceNow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ServiceNow based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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