Snowflake Common Stock Shares Outstanding vs Good Will Analysis

SNOW Stock  USD 118.99  0.60  0.51%   
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 Common Stock Shares Outstanding and its Good Will 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.

Common Stock Shares Outstanding vs Good Will

Common Stock Shares Outstanding vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snowflake Common Stock Shares Outstanding account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Snowflake's Common Stock Shares Outstanding and Good Will is 0.64. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Good Will in the same time period over historical financial statements of Snowflake, assuming nothing else is changed. The correlation between historical values of Snowflake's Common Stock Shares Outstanding and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Snowflake are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock Shares Outstanding i.e., Snowflake's Common Stock Shares Outstanding and Good Will go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 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

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