Snowflake Depreciation And Amortization vs Selling General Administrative Analysis

SNOW Stock  USD 158.13  5.63  3.69%   
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 Depreciation And Amortization and its Selling General Administrative 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.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snowflake Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have weak relationship.
The correlation between Snowflake's Depreciation And Amortization and Selling General Administrative is 0.39. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Snowflake, assuming nothing else is changed. The correlation between historical values of Snowflake's Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Snowflake are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Snowflake's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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
(2.55)
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.