Snowflake Cash vs Non Currrent Assets Other Analysis

SNOW Stock  USD 137.00  0.07  0.05%   
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 Cash and its Non Currrent Assets Other 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 tightly coupled 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.

Cash vs Non Currrent Assets Other

Cash vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snowflake Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Snowflake's Cash and Non Currrent Assets Other is 0.53. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Snowflake, assuming nothing else is changed. The correlation between historical values of Snowflake's Cash and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Snowflake are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Snowflake's Cash and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Snowflake, which is listed under current asset account on Snowflake balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Snowflake customers. The amounts must be unrestricted with restricted cash listed in a different Snowflake account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 tightly coupled 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 Profit760.9M1.3B1.9B2.0B
Total Revenue1.2B2.1B2.8B2.9B

Snowflake fundamental ratios Correlations

-0.210.95-0.91-0.480.960.640.950.78-0.510.890.87-0.670.760.090.920.880.670.930.960.910.940.920.920.780.96
-0.21-0.210.53-0.68-0.240.18-0.260.00.93-0.48-0.40.11-0.350.92-0.35-0.170.25-0.19-0.26-0.18-0.26-0.27-0.21-0.12-0.24
0.95-0.21-0.92-0.550.980.581.00.91-0.510.870.7-0.830.840.10.80.840.81.00.840.990.810.910.930.930.92
-0.910.53-0.920.22-0.95-0.42-0.94-0.730.76-0.91-0.790.76-0.810.22-0.86-0.8-0.57-0.91-0.86-0.88-0.85-0.88-0.87-0.81-0.89
-0.48-0.68-0.550.22-0.5-0.59-0.5-0.7-0.44-0.17-0.10.58-0.31-0.82-0.23-0.39-0.82-0.57-0.34-0.57-0.33-0.37-0.48-0.63-0.43
0.96-0.240.98-0.95-0.50.530.980.84-0.530.850.74-0.840.780.060.820.820.750.980.870.940.860.890.890.890.91
0.640.180.58-0.42-0.590.530.570.470.010.480.54-0.260.470.310.590.590.370.540.630.60.620.550.650.430.64
0.95-0.261.0-0.94-0.50.980.570.88-0.560.890.73-0.810.850.050.820.850.770.990.850.980.830.920.930.910.93
0.780.00.91-0.73-0.70.840.470.88-0.260.640.41-0.870.740.270.540.640.930.920.60.940.570.730.80.970.74
-0.510.93-0.510.76-0.44-0.530.01-0.56-0.26-0.76-0.620.33-0.610.74-0.61-0.5-0.02-0.49-0.53-0.47-0.52-0.6-0.51-0.37-0.54
0.89-0.480.87-0.91-0.170.850.480.890.64-0.760.87-0.560.9-0.160.920.930.460.830.890.840.880.970.920.670.94
0.87-0.40.7-0.79-0.10.740.540.730.41-0.620.87-0.290.64-0.140.970.820.270.650.960.640.960.830.790.40.88
-0.670.11-0.830.760.58-0.84-0.26-0.81-0.870.33-0.56-0.29-0.65-0.14-0.44-0.55-0.83-0.88-0.49-0.81-0.49-0.64-0.67-0.95-0.62
0.76-0.350.84-0.81-0.310.780.470.850.74-0.610.90.64-0.650.010.780.880.590.820.730.850.720.910.940.750.88
0.090.920.10.22-0.820.060.310.050.270.74-0.16-0.14-0.140.01-0.040.160.520.110.040.120.050.060.140.160.1
0.92-0.350.8-0.86-0.230.820.590.820.54-0.610.920.97-0.440.78-0.040.90.410.760.980.750.990.910.90.550.96
0.88-0.170.84-0.8-0.390.820.590.850.64-0.50.930.82-0.550.880.160.90.540.810.890.810.890.970.940.640.95
0.670.250.8-0.57-0.820.750.370.770.93-0.020.460.27-0.830.590.520.410.540.830.490.830.460.60.680.890.62
0.93-0.191.0-0.91-0.570.980.540.990.92-0.490.830.65-0.880.820.110.760.810.830.80.980.780.880.90.950.89
0.96-0.260.84-0.86-0.340.870.630.850.6-0.530.890.96-0.490.730.040.980.890.490.80.791.00.90.90.60.96
0.91-0.180.99-0.88-0.570.940.60.980.94-0.470.840.64-0.810.850.120.750.810.830.980.790.760.880.920.930.89
0.94-0.260.81-0.85-0.330.860.620.830.57-0.520.880.96-0.490.720.050.990.890.460.781.00.760.890.890.580.95
0.92-0.270.91-0.88-0.370.890.550.920.73-0.60.970.83-0.640.910.060.910.970.60.880.90.880.890.960.740.97
0.92-0.210.93-0.87-0.480.890.650.930.8-0.510.920.79-0.670.940.140.90.940.680.90.90.920.890.960.790.98
0.78-0.120.93-0.81-0.630.890.430.910.97-0.370.670.4-0.950.750.160.550.640.890.950.60.930.580.740.790.74
0.96-0.240.92-0.89-0.430.910.640.930.74-0.540.940.88-0.620.880.10.960.950.620.890.960.890.950.970.980.74
Click cells to compare fundamentals

Snowflake Account Relationship Matchups

Snowflake fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B5.9B6.6B7.7B8.2B8.6B
Short Long Term Debt Total211.3M204.5M206.3M251.7M288.0M258.1M
Total Current Liabilities416.5M789.3M1.4B2.0B2.7B2.9B
Net Debt84.1M(615.6M)(879.4M)(688.2M)(1.5B)(1.4B)
Retained Earnings(700.3M)(1.2B)(1.9B)(2.7B)(4.1B)(3.9B)
Cash127.2M820.2M1.1B939.9M1.8B1.9B
Non Currrent Assets Other19.5M89.3M453.8M429.1M312.6M250.9M
Net Receivables179.5M294.0M545.6M715.8M951.1M998.7M
Common Stock Shares Outstanding276.7M283.2M300.3M318.7M328.0M292.4M
Short Term Investments306.8M3.1B2.8B3.1B2.1B1.5B
Liabilities And Stockholders Equity1.0B5.9B6.6B7.7B8.2B8.6B
Total Liab1.6B985.3M1.6B2.3B3.0B1.6B
Property Plant And Equipment Gross223.1M255.8M295.4M392.1M574.2M317.7M
Total Current Assets665.2M4.3B4.6B5.0B5.0B2.5B
Accumulated Other Comprehensive Income216K439K(16.3M)(38.3M)(8.2M)(7.8M)
Short Term Debt18.1M19.7M25.1M27.3M33.9M18.3M
Intangible Assets4.8M16.1M37.1M186.0M331.4M348.0M
Other Current Liab62.8M125.3M200.7M269.1M446.9M469.2M
Total Stockholder Equity(544.8M)4.9B5.0B5.5B5.2B3.6B
Other Liab11.4M11.1M22.4M35.8M41.2M43.3M
Net Tangible Assets(558.8M)4.9B5.0B4.6B5.3B3.0B
Property Plant And Equipment Net223.1M255.8M295.4M392.1M499.6M309.6M
Current Deferred Revenue327.1M638.7M1.2B1.7B2.2B1.1B
Accounts Payable8.5M5.6M13.4M23.7M51.7M54.3M
Non Current Assets Total347.5M1.6B2.1B2.7B3.3B1.9B
Other Assets89.0M134.0M453.8M226.2M260.1M208.0M
Cash And Short Term Investments434.1M3.9B3.9B4.0B3.8B3.1B
Non Current Liabilities Total1.1B196.0M203.6M260.2M301.6M404.6M
Capital Lease Obligations211.3M204.5M206.3M251.7M288.0M216.0M
Other Current Assets25.3M98.6M200.9M193.1M155.8M128.4M
Other Stockholder Equity(781.1M)6.2B7.0B8.2B9.3B5.5B
Deferred Long Term Liab69.5M86.2M124.5M145.3M167.1M100.8M
Net Invested Capital(544.8M)4.9B5.0B5.5B5.2B3.6B
Long Term Investments23.5M1.2B1.3B1.1B916.3M813.0M
Capital Stock6K28K31K32K34K24.9K
Non Current Liabilities Other8.5M6.9M11.2M24.4M33.1M34.8M
Net Working Capital248.7M3.5B3.2B3.0B2.3B2.3B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.