Snowflake Financials
| 5Q5 Stock | EUR 120.36 1.68 1.38% |
Snowflake |
Understanding current and past Snowflake Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Snowflake's financial statements are interrelated, with each one affecting the others. For example, an increase in Snowflake's assets may result in an increase in income on the income statement.
The data published in Snowflake's official financial statements typically reflect Snowflake's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Snowflake's quantitative information. For example, before you start analyzing numbers published by Snowflake accountants, it’s essential to understand Snowflake's liquidity, profitability, and earnings quality within the context of the Technology space in which it operates.
Please note, the presentation of Snowflake's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Snowflake's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Snowflake's management manipulating its earnings.
Snowflake Stock Summary
Snowflake competes with Salesforce, SAP SE, Uber Technologies, Shopify, and Datadog. Snowflake Inc. provides cloud-based data platform in the United States and internationally. Snowflake Inc. was incorporated in 2012 and is headquartered in San Mateo, California. SNOWFLAKE INC operates under SoftwareApplication classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2931 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US8334451098 |
| Business Address | 106 East Babcock |
| Sector | Technology |
| Industry | Software—Application |
| Benchmark | NYSE Composite |
| Website | www.snowflake.com |
| Phone | 844 766 9355 |
| Currency | EUR - Euro |
You should never invest in Snowflake without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Snowflake Stock, because this is throwing your money away. Analyzing the key information contained in Snowflake's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Snowflake Key Financial Ratios
There are many critical financial ratios that Snowflake's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Snowflake reports annually and quarterly.| Return On Equity | -0.14 | |||
| Return On Asset | -0.0705 | |||
| Target Price | 323.51 | |||
| Beta | 0.76 |
Snowflake Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Snowflake's current stock value. Our valuation model uses many indicators to compare Snowflake value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Snowflake competition to find correlations between indicators driving Snowflake's intrinsic value. More Info.Snowflake is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Snowflake's earnings, one of the primary drivers of an investment's value.Snowflake Systematic Risk
Snowflake's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Snowflake volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Snowflake correlated with the market. If Beta is less than 0 Snowflake generally moves in the opposite direction as compared to the market. If Snowflake Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Snowflake is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Snowflake is generally in the same direction as the market. If Beta > 1 Snowflake moves generally in the same direction as, but more than the movement of the benchmark.
Snowflake June 10, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Snowflake help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Snowflake. We use our internally-developed statistical techniques to arrive at the intrinsic value of Snowflake based on widely used predictive technical indicators. In general, we focus on analyzing Snowflake Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Snowflake's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 13.15 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 2.44 |
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.
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