Snowflake Total Stockholder Equity vs Property Plant And Equipment Net Analysis

SNOW Stock  USD 171.42  3.98  2.38%   
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 Stockholder Equity and its Property Plant And Equipment Net 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.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snowflake Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Snowflake's Total Stockholder Equity and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net 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 Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Snowflake are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Snowflake's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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

-0.210.95-0.91-0.480.960.580.960.78-0.510.890.87-0.670.760.090.920.950.670.930.960.910.940.920.920.780.96
-0.21-0.210.53-0.68-0.240.19-0.260.00.93-0.48-0.40.11-0.350.92-0.35-0.190.25-0.2-0.26-0.18-0.26-0.27-0.21-0.12-0.24
0.95-0.21-0.92-0.550.980.51.00.91-0.510.870.7-0.830.840.10.80.990.80.990.840.990.810.910.930.930.91
-0.910.53-0.920.22-0.95-0.34-0.94-0.730.76-0.91-0.790.76-0.810.22-0.86-0.9-0.57-0.92-0.86-0.88-0.85-0.88-0.87-0.81-0.89
-0.48-0.68-0.550.22-0.5-0.53-0.49-0.7-0.44-0.17-0.10.58-0.31-0.82-0.23-0.54-0.82-0.56-0.34-0.57-0.33-0.37-0.48-0.63-0.43
0.96-0.240.98-0.95-0.50.450.980.84-0.530.850.74-0.840.780.060.830.960.750.980.870.940.860.890.890.890.91
0.580.190.5-0.34-0.530.450.490.380.040.410.51-0.140.370.280.530.570.280.430.580.520.560.460.560.320.57
0.96-0.261.0-0.94-0.490.980.490.88-0.560.90.74-0.80.850.050.830.990.760.980.860.980.840.920.930.90.93
0.780.00.91-0.73-0.70.840.380.88-0.260.640.41-0.870.740.270.550.860.930.920.60.940.570.730.80.970.74
-0.510.93-0.510.76-0.44-0.530.04-0.56-0.26-0.76-0.620.33-0.610.74-0.61-0.5-0.02-0.49-0.53-0.47-0.52-0.6-0.51-0.37-0.54
0.89-0.480.87-0.91-0.170.850.410.90.64-0.760.87-0.560.9-0.160.930.880.460.840.890.840.880.970.920.670.94
0.87-0.40.7-0.79-0.10.740.510.740.41-0.620.87-0.290.64-0.140.970.720.270.650.960.640.960.830.790.40.89
-0.670.11-0.830.760.58-0.84-0.14-0.8-0.870.33-0.56-0.29-0.65-0.14-0.45-0.76-0.83-0.88-0.49-0.81-0.49-0.64-0.67-0.95-0.61
0.76-0.350.84-0.81-0.310.780.370.850.74-0.610.90.64-0.650.010.780.840.590.810.730.850.720.910.940.750.88
0.090.920.10.22-0.820.060.280.050.270.74-0.16-0.14-0.140.01-0.040.120.520.10.040.120.050.060.140.160.1
0.92-0.350.8-0.86-0.230.830.530.830.55-0.610.930.97-0.450.78-0.040.820.420.760.980.760.990.910.910.550.96
0.95-0.190.99-0.9-0.540.960.570.990.86-0.50.880.72-0.760.840.120.820.760.970.850.980.830.920.930.880.92
0.670.250.8-0.57-0.820.750.280.760.93-0.020.460.27-0.830.590.520.420.760.820.490.830.460.60.680.890.62
0.93-0.20.99-0.92-0.560.980.430.980.92-0.490.840.65-0.880.810.10.760.970.820.80.970.790.890.90.950.88
0.96-0.260.84-0.86-0.340.870.580.860.6-0.530.890.96-0.490.730.040.980.850.490.80.791.00.90.90.60.96
0.91-0.180.99-0.88-0.570.940.520.980.94-0.470.840.64-0.810.850.120.760.980.830.970.790.760.880.920.930.89
0.94-0.260.81-0.85-0.330.860.560.840.57-0.520.880.96-0.490.720.050.990.830.460.791.00.760.890.890.580.95
0.92-0.270.91-0.88-0.370.890.460.920.73-0.60.970.83-0.640.910.060.910.920.60.890.90.880.890.960.740.97
0.92-0.210.93-0.87-0.480.890.560.930.8-0.510.920.79-0.670.940.140.910.930.680.90.90.920.890.960.790.98
0.78-0.120.93-0.81-0.630.890.320.90.97-0.370.670.4-0.950.750.160.550.880.890.950.60.930.580.740.790.73
0.96-0.240.91-0.89-0.430.910.570.930.74-0.540.940.89-0.610.880.10.960.920.620.880.960.890.950.970.980.73
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 Other19.5M89.3M453.8M429.1M226.5M237.4M
Net Receivables179.5M294.0M545.6M715.8M926.9M973.2M
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 Debt18.1M19.7M50.2M54.6M67.9M71.3M
Intangible Assets4.8M16.1M37.1M186.0M331.4M348.0M
Other Current Liab62.8M125.3M162.9M221.8M375.8M394.6M
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 Total347.5M1.6B2.1B2.7B3.2B1.8B
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 Assets25.3M98.6M200.9M434.7M266.1M192.9M
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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