Snowflake Total Assets vs Property Plant And Equipment Gross Analysis

SNOW Stock  USD 136.18  4.77  3.38%   
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 Total Assets and its Property Plant And Equipment Gross 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.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snowflake Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have no relationship.
The correlation between Snowflake's Total Assets and Property Plant And Equipment Gross is 0.09. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Snowflake, assuming nothing else is changed. The correlation between historical values of Snowflake's Total Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Snowflake are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Snowflake's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Snowflake assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Snowflake books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Gross

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

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When determining whether Snowflake is a strong investment it is important to analyze Snowflake's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Snowflake's future performance. For an informed investment choice regarding Snowflake Stock, refer to the following important reports:
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.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Is Snowflake's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snowflake. If investors know Snowflake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snowflake listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.70)
Revenue Per Share
9.116
Quarterly Revenue Growth
0.329
Return On Assets
(0.1)
Return On Equity
(0.19)
The market value of Snowflake is measured differently than its book value, which is the value of Snowflake that is recorded on the company's balance sheet. Investors also form their own opinion of Snowflake's value that differs from its market value or its book value, called intrinsic value, which is Snowflake's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snowflake's market value can be influenced by many factors that don't directly affect Snowflake's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snowflake's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snowflake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snowflake's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.