Snowflake Total Current Assets from 2010 to 2024

SNOW Stock  USD 154.99  3.82  2.53%   
Snowflake Total Current Assets yearly trend continues to be fairly stable with very little volatility. Total Current Assets will likely drop to about 2.5 B in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2013-12-31
Previous Quarter
4.3 B
Current Value
B
Quarterly Volatility
2.2 B
 
Yuan Drop
 
Covid
Check Snowflake financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snowflake main balance sheet or income statement drivers, such as Depreciation And Amortization of 125.9 M, Interest Expense of 89.2 M or Total Revenue of 2.9 B, as well as many exotic indicators such as Price To Sales Ratio of 21.72, Dividend Yield of 0.0 or PTB Ratio of 13.01. Snowflake financial statements analysis is a perfect complement when working with Snowflake Valuation or Volatility modules.
  
This module can also supplement Snowflake's financial leverage analysis and stock options assessment as well as various Snowflake Technical models . Check out the analysis of Snowflake Correlation against competitors.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.

Latest Snowflake's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Snowflake over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Snowflake's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Snowflake's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Snowflake Total Current Assets Regression Statistics

Arithmetic Mean1,681,429,071
Geometric Mean733,254,082
Coefficient Of Variation118.06
Mean Deviation1,729,241,428
Median698,952,000
Standard Deviation1,985,108,268
Sample Variance3940654.8T
Range4.8B
R-Value0.81
Mean Square Error1479861.5T
R-Squared0.65
Significance0.0003
Slope358,224,634
Total Sum of Squares55169167.7T

Snowflake Total Current Assets History

20242.5 B
2023B
2022B
20214.6 B
20204.3 B
2019665.2 M

About Snowflake Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Snowflake income statement, its balance sheet, and the statement of cash flows. Snowflake investors use historical funamental indicators, such as Snowflake's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Snowflake investors may use each financial statement separately, they are all related. The changes in Snowflake's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Snowflake's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Snowflake Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Snowflake. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current AssetsB2.5 B

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 the analysis of Snowflake Correlation against competitors.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Snowflake Stock analysis

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.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Fundamental Analysis
View fundamental data based on most recent published financial statements
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
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.