Snowflake Net Debt vs Retained Earnings Analysis

SNOW Stock

USD 171.35 42.23 32.71%

Snowflake financial indicator trend analysis is much more than just breaking down Snowflake prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Snowflake is a good investment. Please check the relationship between Snowflake Net Debt and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snowflake. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snowflake Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.

The correlation between Snowflake's Net Debt and Retained Earnings is 0.22. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Snowflake, assuming nothing else is changed. The correlation between historical values of Snowflake's Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Snowflake are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Snowflake's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Snowflake's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Snowflake current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snowflake. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.Tax Provision is likely to climb to about (10.7 M) in 2024. Selling General Administrative is likely to drop to about 220.7 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	760.9M	1.3B	1.9B	2.0B
Total Revenue	1.2B	2.1B	2.8B	2.9B

Gross Profit Total Revenue

Snowflake fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Net Debt	Retained Earnings	Cash	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Liab	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total
Total Assets		-0.21	0.95	-0.91	-0.48	0.96	0.58	0.96	0.78	-0.51	0.89	0.87	-0.67	0.76	0.09	0.92	0.95	0.67	0.93	0.96	0.91	0.94	0.92	0.92	0.78	0.96
Short Long Term Debt Total	-0.21		-0.21	0.53	-0.68	-0.24	0.19	-0.26	0.0	0.93	-0.48	-0.4	0.11	-0.35	0.92	-0.35	-0.19	0.25	-0.2	-0.26	-0.18	-0.26	-0.27	-0.21	-0.12	-0.24
Total Current Liabilities	0.95	-0.21		-0.92	-0.55	0.98	0.5	1.0	0.91	-0.51	0.87	0.7	-0.83	0.84	0.1	0.8	0.99	0.8	0.99	0.84	0.99	0.81	0.91	0.93	0.93	0.91
Net Debt	-0.91	0.53	-0.92		0.22	-0.95	-0.34	-0.94	-0.73	0.76	-0.91	-0.79	0.76	-0.81	0.22	-0.86	-0.9	-0.57	-0.92	-0.86	-0.88	-0.85	-0.88	-0.87	-0.81	-0.89
Retained Earnings	-0.48	-0.68	-0.55	0.22		-0.5	-0.53	-0.49	-0.7	-0.44	-0.17	-0.1	0.58	-0.31	-0.82	-0.23	-0.54	-0.82	-0.56	-0.34	-0.57	-0.33	-0.37	-0.48	-0.63	-0.43
Cash	0.96	-0.24	0.98	-0.95	-0.5		0.45	0.98	0.84	-0.53	0.85	0.74	-0.84	0.78	0.06	0.83	0.96	0.75	0.98	0.87	0.94	0.86	0.89	0.89	0.89	0.91
Non Currrent Assets Other	0.58	0.19	0.5	-0.34	-0.53	0.45		0.49	0.38	0.04	0.41	0.51	-0.14	0.37	0.28	0.53	0.57	0.28	0.43	0.58	0.52	0.56	0.46	0.56	0.32	0.57
Net Receivables	0.96	-0.26	1.0	-0.94	-0.49	0.98	0.49		0.88	-0.56	0.9	0.74	-0.8	0.85	0.05	0.83	0.99	0.76	0.98	0.86	0.98	0.84	0.92	0.93	0.9	0.93
Good Will	0.78	0.0	0.91	-0.73	-0.7	0.84	0.38	0.88		-0.26	0.64	0.41	-0.87	0.74	0.27	0.55	0.86	0.93	0.92	0.6	0.94	0.57	0.73	0.8	0.97	0.74
Common Stock Total Equity	-0.51	0.93	-0.51	0.76	-0.44	-0.53	0.04	-0.56	-0.26		-0.76	-0.62	0.33	-0.61	0.74	-0.61	-0.5	-0.02	-0.49	-0.53	-0.47	-0.52	-0.6	-0.51	-0.37	-0.54
Common Stock Shares Outstanding	0.89	-0.48	0.87	-0.91	-0.17	0.85	0.41	0.9	0.64	-0.76		0.87	-0.56	0.9	-0.16	0.93	0.88	0.46	0.84	0.89	0.84	0.88	0.97	0.92	0.67	0.94
Short Term Investments	0.87	-0.4	0.7	-0.79	-0.1	0.74	0.51	0.74	0.41	-0.62	0.87		-0.29	0.64	-0.14	0.97	0.72	0.27	0.65	0.96	0.64	0.96	0.83	0.79	0.4	0.89
Inventory	-0.67	0.11	-0.83	0.76	0.58	-0.84	-0.14	-0.8	-0.87	0.33	-0.56	-0.29		-0.65	-0.14	-0.45	-0.76	-0.83	-0.88	-0.49	-0.81	-0.49	-0.64	-0.67	-0.95	-0.61
Total Liab	0.76	-0.35	0.84	-0.81	-0.31	0.78	0.37	0.85	0.74	-0.61	0.9	0.64	-0.65		0.01	0.78	0.84	0.59	0.81	0.73	0.85	0.72	0.91	0.94	0.75	0.88
Property Plant And Equipment Gross	0.09	0.92	0.1	0.22	-0.82	0.06	0.28	0.05	0.27	0.74	-0.16	-0.14	-0.14	0.01		-0.04	0.12	0.52	0.1	0.04	0.12	0.05	0.06	0.14	0.16	0.1
Total Current Assets	0.92	-0.35	0.8	-0.86	-0.23	0.83	0.53	0.83	0.55	-0.61	0.93	0.97	-0.45	0.78	-0.04		0.82	0.42	0.76	0.98	0.76	0.99	0.91	0.91	0.55	0.96
Short Term Debt	0.95	-0.19	0.99	-0.9	-0.54	0.96	0.57	0.99	0.86	-0.5	0.88	0.72	-0.76	0.84	0.12	0.82		0.76	0.97	0.85	0.98	0.83	0.92	0.93	0.88	0.92
Intangible Assets	0.67	0.25	0.8	-0.57	-0.82	0.75	0.28	0.76	0.93	-0.02	0.46	0.27	-0.83	0.59	0.52	0.42	0.76		0.82	0.49	0.83	0.46	0.6	0.68	0.89	0.62
Other Current Liab	0.93	-0.2	0.99	-0.92	-0.56	0.98	0.43	0.98	0.92	-0.49	0.84	0.65	-0.88	0.81	0.1	0.76	0.97	0.82		0.8	0.97	0.79	0.89	0.9	0.95	0.88
Total Stockholder Equity	0.96	-0.26	0.84	-0.86	-0.34	0.87	0.58	0.86	0.6	-0.53	0.89	0.96	-0.49	0.73	0.04	0.98	0.85	0.49	0.8		0.79	1.0	0.9	0.9	0.6	0.96
Other Liab	0.91	-0.18	0.99	-0.88	-0.57	0.94	0.52	0.98	0.94	-0.47	0.84	0.64	-0.81	0.85	0.12	0.76	0.98	0.83	0.97	0.79		0.76	0.88	0.92	0.93	0.89
Net Tangible Assets	0.94	-0.26	0.81	-0.85	-0.33	0.86	0.56	0.84	0.57	-0.52	0.88	0.96	-0.49	0.72	0.05	0.99	0.83	0.46	0.79	1.0	0.76		0.89	0.89	0.58	0.95
Property Plant And Equipment Net	0.92	-0.27	0.91	-0.88	-0.37	0.89	0.46	0.92	0.73	-0.6	0.97	0.83	-0.64	0.91	0.06	0.91	0.92	0.6	0.89	0.9	0.88	0.89		0.96	0.74	0.97
Current Deferred Revenue	0.92	-0.21	0.93	-0.87	-0.48	0.89	0.56	0.93	0.8	-0.51	0.92	0.79	-0.67	0.94	0.14	0.91	0.93	0.68	0.9	0.9	0.92	0.89	0.96		0.79	0.98
Accounts Payable	0.78	-0.12	0.93	-0.81	-0.63	0.89	0.32	0.9	0.97	-0.37	0.67	0.4	-0.95	0.75	0.16	0.55	0.88	0.89	0.95	0.6	0.93	0.58	0.74	0.79		0.73
Non Current Assets Total	0.96	-0.24	0.91	-0.89	-0.43	0.91	0.57	0.93	0.74	-0.54	0.94	0.89	-0.61	0.88	0.1	0.96	0.92	0.62	0.88	0.96	0.89	0.95	0.97	0.98	0.73

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Snowflake Account Relationship Matchups

Snowflake fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	5.9B	6.6B	7.7B	8.2B	8.6B
Short Long Term Debt Total	211.3M	204.5M	206.3M	251.7M	288.0M	258.1M
Total Current Liabilities	416.5M	789.3M	1.4B	2.0B	2.7B	2.9B
Net Debt	84.1M	(615.6M)	(879.4M)	(688.2M)	(1.5B)	(1.4B)
Retained Earnings	(700.3M)	(1.2B)	(1.9B)	(2.7B)	(4.1B)	(3.9B)
Cash	127.2M	820.2M	1.1B	939.9M	1.8B	1.9B
Non Currrent Assets Other	19.5M	89.3M	453.8M	429.1M	226.5M	237.4M
Net Receivables	179.5M	294.0M	545.6M	715.8M	926.9M	973.2M
Common Stock Shares Outstanding	276.7M	283.2M	300.3M	318.7M	328.0M	292.4M
Short Term Investments	306.8M	3.1B	2.8B	3.1B	2.1B	1.5B
Liabilities And Stockholders Equity	1.0B	5.9B	6.6B	7.7B	8.2B	8.6B
Total Liab	1.6B	985.3M	1.6B	2.3B	3.0B	1.6B
Property Plant And Equipment Gross	223.1M	255.8M	295.4M	392.1M	574.2M	317.7M
Total Current Assets	665.2M	4.3B	4.6B	5.0B	5.0B	2.5B
Accumulated Other Comprehensive Income	216K	439K	(16.3M)	(38.3M)	(8.2M)	(7.8M)
Short Term Debt	18.1M	19.7M	50.2M	54.6M	67.9M	71.3M
Intangible Assets	4.8M	16.1M	37.1M	186.0M	331.4M	348.0M
Other Current Liab	62.8M	125.3M	162.9M	221.8M	375.8M	394.6M
Total Stockholder Equity	(544.8M)	4.9B	5.0B	5.5B	5.2B	3.6B
Other Liab	11.4M	11.1M	22.4M	35.8M	41.2M	43.3M
Net Tangible Assets	(558.8M)	4.9B	5.0B	4.6B	5.3B	3.0B
Property Plant And Equipment Net	223.1M	255.8M	295.4M	392.1M	499.6M	309.6M
Current Deferred Revenue	327.1M	638.7M	1.2B	1.7B	2.2B	1.1B
Accounts Payable	8.5M	5.6M	13.4M	23.7M	51.7M	54.3M
Non Current Assets Total	347.5M	1.6B	2.1B	2.7B	3.2B	1.8B
Other Assets	89.0M	134.0M	453.8M	226.2M	260.1M	208.0M
Cash And Short Term Investments	434.1M	3.9B	3.9B	4.0B	3.8B	3.1B
Non Current Liabilities Total	1.1B	196.0M	203.6M	260.2M	301.6M	404.6M
Capital Lease Obligations	211.3M	204.5M	206.3M	251.7M	288.0M	216.0M
Other Current Assets	25.3M	98.6M	200.9M	434.7M	266.1M	192.9M
Other Stockholder Equity	(781.1M)	6.2B	7.0B	8.2B	9.3B	5.5B
Deferred Long Term Liab	69.5M	86.2M	124.5M	145.3M	167.1M	100.8M
Net Invested Capital	(544.8M)	4.9B	5.0B	5.5B	5.2B	3.6B
Long Term Investments	23.5M	1.2B	1.3B	1.1B	916.3M	813.0M
Capital Stock	6K	28K	31K	32K	34K	24.9K
Non Current Liabilities Other	8.5M	6.9M	11.2M	24.4M	33.1M	34.8M
Net Working Capital	248.7M	3.5B	3.2B	3.0B	2.3B	2.3B

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Snowflake Net Debt vs Retained Earnings Analysis

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Debt

Retained Earnings

Snowflake fundamental ratios Correlations

Snowflake Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Snowflake fundamental ratios Accounts

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Net Receivables	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Short Term Debt	+ 0.99	Total Current Liabilities
Other Current Liab	+ 0.99	Total Current Liabilities
Other Liab	+ 0.99	Total Current Liabilities
Short Term Debt	+ 0.99	Net Receivables

Accounts Payable	- 0.95	Inventory
Cash	- 0.95	Net Debt
Net Receivables	- 0.94	Net Debt
Other Current Liab	- 0.92	Net Debt
Net Debt	- 0.92	Total Current Liabilities
Common Stock Shares Outstanding	- 0.91	Net Debt