John Harris - Snowflake Independent Director Nominee

SNOW Stock  USD 154.99  3.82  2.53%   

Director

Mr. John W. Harris III is an Independent Director Nominee of the company. Mr. Harris was chief operating officer of Lincoln Harris, a privately held commercial real estate company, since 2012. Prior to joining Lincoln Harris, Mr. Harris worked for Fortress Investment Group, LLC, a global investment management group and an affiliate of Intrawests largest stockholder, Intrawest Europe Holdings S. r.l., from 2004 to 2012 in various positions. While at Fortress Investment Group, he worked in Europe and the United States. Today, as chief operating officer of Lincoln Harris, he is responsible for the daytoday operations of the company as well as its development platform across the Southeast. Mr. Harris also serves on the board of publiclytraded Sonic Automotive, Inc., an automotive retailer. Mr. Harris was selected to serve on our Board of Directors because of his business and leadership experience, including his experience as chief operating officer of Lincoln Harris. since 2014.
Age 68
Tenure 10 years
Address 106 East Babcock Street, Bozeman, MT, United States, 59715
Phone844 766 9355
Webhttps://www.snowflake.com

Snowflake Management Efficiency

The company has return on total asset (ROA) of (0.0858) % which means that it has lost $0.0858 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1572) %, meaning that it created substantial loss on money invested by shareholders. Snowflake's management efficiency ratios could be used to measure how well Snowflake manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.13 in 2024. Return On Capital Employed is likely to drop to -0.21 in 2024. At this time, Snowflake's Total Assets are fairly stable compared to the past year. Intangible Assets is likely to climb to about 348 M in 2024, whereas Total Current Assets are likely to drop slightly above 2.5 B in 2024.
The company currently holds 287.98 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Snowflake has a current ratio of 3.15, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Snowflake until it has trouble settling it off, either with new capital or with free cash flow. So, Snowflake's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Snowflake sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Snowflake to invest in growth at high rates of return. When we think about Snowflake's use of debt, we should always consider it together with cash and equity.

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Snowflake Inc. provides a cloud-based data platform in the United States and internationally. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana. Snowflake Inc operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 4991 people. Snowflake (SNOW) is traded on New York Stock Exchange in USA. It is located in 106 East Babcock Street, Bozeman, MT, United States, 59715 and employs 7,004 people. Snowflake is listed under Internet Services & Infrastructure category by Fama And French industry classification.

Management Performance

Snowflake Leadership Team

Elected by the shareholders, the Snowflake's board of directors comprises two types of representatives: Snowflake inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Snowflake. The board's role is to monitor Snowflake's management team and ensure that shareholders' interests are well served. Snowflake's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Snowflake's outside directors are responsible for providing unbiased perspectives on the board's policies.
Travis Mayer, CFO, Executive VP and Treasurer
Marcin Zukowski, CoFounder Engineering
Thomas Marano, CEO and Director
Brad Burns, Chief Officer
FJ Lucassen, Member of the Supervisory Board
Michael Scarpelli, Chief Financial Officer
Tyler Prince, Senior Channels
Wesley Edens, Director Nominee
Sylvia Pagan, Chief Officer
Thierry Cruanes, CoFounder CTO
Sridhar Ramaswamy, CEO Director
Jayshree Ullal, Independent Director
Derk Lupinek, Secretary Counsel
Emily Ho, Chief Officer
Frank Slootman, Chairman of the Board, Chief Executive Officer
Teresa Briggs, Independent Director
Jeremy Burton, Independent Director
van Westen, Member of the Supervisory Board
ME PigeaudWijdeveld, CEO
Mark Garrett, Independent Director
Timothy Jay, Independent Director Nominee
Denise Persson, Chief Marketing Officer
Kelly Kramer, Independent Director
Sundeep Bedi, Chief Officer
John McMahon, Independent Director
John Harris, Independent Director Nominee
Sky Foulkes, COO and Executive VP
Michael Speiser, Lead Independent Director
Joshua Goldstein, Senior Vice President Chief General Counsel, Corporate Secretary
Richard Armstrong, Independent Director Nominee
William Clifford, Independent Director Nominee
Richard Georgi, Director Nominee
Carl Long, Chief Accounting Officer, Sr. VP and Corporate Controller
Benoit Dageville, Co-Founder, Director and Presidentident - Product
Christian Kleinerman, Senior Vice President - Product
Karen Sanford, Senior Vice President Secretary, Chief General Counsel
Carl Eschenbach, Independent Director
Christopher Degnan, Chief Revenue Officer
Jimmy Sexton, Head Relations
F Lagerveld, Chairman of the Supervisory Board
Denise AxelssonPersson, Chief Officer

Snowflake Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Snowflake a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.
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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
(2.56)
Revenue Per Share
8.556
Quarterly Revenue Growth
0.315
Return On Assets
(0.09)
Return On Equity
(0.16)
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.