Snowflake (BSP:S2NW34) Long-Term Capital Lease Obligation : R$1,249 Mil (As of Jan. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Snowflake Long-Term Capital Lease Obligation?

Snowflake's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$1,249 Mil.

Snowflake's quarterly Long-Term Capital Lease Obligation increased from Jul. 2023 (R$1,263 Mil) to Oct. 2023 (R$1,279 Mil) but then declined from Oct. 2023 (R$1,279 Mil) to Jan. 2024 (R$1,249 Mil).

Snowflake's annual Long-Term Capital Lease Obligation increased from Jan. 2022 (R$1,002 Mil) to Jan. 2023 (R$1,165 Mil) and increased from Jan. 2023 (R$1,165 Mil) to Jan. 2024 (R$1,249 Mil).

Snowflake Long-Term Capital Lease Obligation Historical Data

The historical data trend for Snowflake's Long-Term Capital Lease Obligation 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.

* Premium members only.

Snowflake Long-Term Capital Lease Obligation Chart

Snowflake Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

801.91

992.34

1,002.01

1,164.91

1,249.41

Snowflake Quarterly Data
	Jan19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,164.91	1,133.12	1,262.56	1,279.29	1,249.41

Snowflake (BSP:S2NW34) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Snowflake Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Snowflake's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Snowflake (BSP:S2NW34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Snowflake Inc (BSP:S2NW34) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SNOW:USA SNOW:Mexico 0A93:UK 5Q5:Germany SNWF:Austria

Address

106 East Babcock Street, Suite 3A, Bozeman, MT, USA, 59715

Website

https://www.snowflake.com

Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.

Snowflake (BSP:S2NW34) Headlines

No Headlines