Snowflake Tax Provision from 2010 to 2024

SNOW Stock  USD 126.76  4.45  3.39%   
Snowflake Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Snowflake to cover any estimated taxes for the current period. It reflects Snowflake's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-11.2 M
Current Value
-10.7 M
Quarterly Volatility
6.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snowflake financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snowflake's main balance sheet or income statement drivers, such as Depreciation And Amortization of 125.9 M, Interest Expense of 89.2 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 21.72, Dividend Yield of 0.0 or PTB Ratio of 13.01. Snowflake financial statements analysis is a perfect complement when working with Snowflake Valuation or Volatility modules.
  
Check out the analysis of Snowflake Correlation against competitors.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.

Latest Snowflake's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Snowflake over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Snowflake's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Snowflake's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Snowflake Tax Provision Regression Statistics

Arithmetic Mean(1,796,557)
Coefficient Of Variation(349.80)
Mean Deviation4,664,224
Median820,000
Standard Deviation6,284,286
Sample Variance39.5T
Range21.5M
R-Value(0.60)
Mean Square Error27.2T
R-Squared0.36
Significance0.02
Slope(844,459)
Total Sum of Squares552.9T

Snowflake Tax Provision History

2024-10.7 M
2023-11.2 M
2022-18.5 M
2021M
20202.1 M
2019993 K

About Snowflake Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Snowflake income statement, its balance sheet, and the statement of cash flows. Snowflake investors use historical funamental indicators, such as Snowflake's Tax Provision, to determine how well the company is positioned to perform in the future. Although Snowflake investors may use each financial statement separately, they are all related. The changes in Snowflake's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Snowflake's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Snowflake Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Snowflake. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision-11.2 M-10.7 M

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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.