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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Snowflake's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $5,180 Mil. Snowflake's Total Assets for the quarter that ended in Jan. 2024 was $8,223 Mil. Therefore, Snowflake's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.63.
The historical rank and industry rank for Snowflake's Equity-to-Asset or its related term are showing as below:
During the past 6 years, the highest Equity to Asset Ratio of Snowflake was 0.83. The lowest was -0.54. And the median was 0.67.
The historical data trend for Snowflake's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Snowflake Annual Data | |||||||||||||||
Trend | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | Jan24 | |||||||||
Equity-to-Asset | Get a 7-Day Free Trial | -0.54 | 0.83 | 0.76 | 0.71 | 0.63 |
Snowflake Quarterly Data | ||||||||||||||||||||
Jan19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.71 | 0.71 | 0.70 | 0.68 | 0.63 |
For the Software - Application subindustry, Snowflake's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Software industry and Technology sector, Snowflake's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Snowflake's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Snowflake's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as
Equity to Asset (A: Jan. 2024 ) | = | Total Stockholders Equity | / | Total Assets |
= | 5180.308 | / | 8223.383 | |
= | 0.63 |
Snowflake's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as
Equity to Asset (Q: Jan. 2024 ) | = | Total Stockholders Equity | / | Total Assets |
= | 5180.308 | / | 8223.383 | |
= | 0.63 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Snowflake (NYSE:SNOW) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Thank you for viewing the detailed overview of Snowflake's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Christian Kleinerman | officer: SVP, Product Management | 106 E. BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715 |
Christopher William Degnan | officer: Chief Revenue Officer | 450 CONCAR DRIVE, SAN MATEO CA 94402 |
Frank Slootman | director, 10 percent owner, officer: CEO and Chairman | 106 EAST BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715 |
Grzegorz Czajkowski | officer: SVP, Engineering and Support | 106 E. BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715 |
Benoit Dageville | director, 10 percent owner, officer: President of Products | 450 CONCAR DRIVE, SAN MATEO CA 94402 |
Teresa Briggs | director | 2225 LAWSON LANE, SANTA CLARA CA 95054 |
Michael L Speiser | director, 10 percent owner | 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005 |
Michael Scarpelli | 10 percent owner, officer: Chief Financial Officer | 106 EAST BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715 |
Mark D Mclaughlin | director | C/O PALO ALTO NETWORKS, INC., 4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054 |
John Dennis Mcmahon | director | C/O BLADELOGIC, INC., 10 MAGUIRE STREET, BUILDING 3, LEXINGTON MA 02421 |
Stephen B Burke | director | 41 CENTRAL PARK WEST - APT 11A, NEW YORK NY 10023 |
Jeremy Burton | director | C/O SNOWFLAKE INC., 106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715 |
Mark Garrett | director | 106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715 |
Sequoia Grove Manager, Llc | 10 percent owner | SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025 |
Sequoia Grove Ii, Llc | 10 percent owner | SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025 |
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