Servicenow Stock Total Debt
NOW Stock | USD 759.00 19.57 2.51% |
ServiceNow fundamentals help investors to digest information that contributes to ServiceNow's financial success or failures. It also enables traders to predict the movement of ServiceNow Stock. The fundamental analysis module provides a way to measure ServiceNow's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ServiceNow stock.
Total Debt To Capitalization is likely to climb to 0.27 in 2024. ServiceNow | Total Debt |
ServiceNow Total Debt Analysis
ServiceNow's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
More About Total Debt | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 850M | 975M | 1.4B | 1.4B | Total Assets | 10.8B | 13.3B | 17.4B | 18.3B |
Total Debt | = | Bonds | + | Notes |
Current ServiceNow Total Debt | 2.28 B |
Most of ServiceNow's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ServiceNow is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ServiceNow Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for ServiceNow is extremely important. It helps to project a fair market value of ServiceNow Stock properly, considering its historical fundamentals such as Total Debt. Since ServiceNow's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ServiceNow's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ServiceNow's interrelated accounts and indicators.
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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ServiceNow Net Debt
Net Debt |
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Based on the latest financial disclosure, ServiceNow has a Total Debt of 2.28 B. This is 41.71% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The total debt for all United States stocks is 57.05% higher than that of the company.
ServiceNow Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ServiceNow's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ServiceNow could also be used in its relative valuation, which is a method of valuing ServiceNow by comparing valuation metrics of similar companies.ServiceNow is currently under evaluation in total debt category among related companies.
ServiceNow ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ServiceNow's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ServiceNow's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
ServiceNow Institutional Holders
Institutional Holdings refers to the ownership stake in ServiceNow that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ServiceNow's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ServiceNow's value.Shares | Franklin Resources Inc | 2023-12-31 | 3 M | Edgewood Management Llc | 2023-12-31 | 3 M | Bank Of America Corp | 2023-12-31 | 2.9 M | Jennison Associates Llc | 2023-12-31 | 2.5 M | Norges Bank | 2023-12-31 | 2.3 M | Massachusetts Financial Services Company | 2023-12-31 | 2.3 M | Northern Trust Corp | 2023-12-31 | 2.1 M | Wellington Management Company Llp | 2023-12-31 | 2.1 M | Goldman Sachs Group Inc | 2023-12-31 | 2.1 M | Vanguard Group Inc | 2023-12-31 | 18.1 M | Blackrock Inc | 2023-12-31 | 15.8 M |
ServiceNow Fundamentals
Return On Equity | 0.27 | ||||
Return On Asset | 0.031 | ||||
Profit Margin | 0.19 % | ||||
Operating Margin | 0.11 % | ||||
Current Valuation | 157.01 B | ||||
Shares Outstanding | 205 M | ||||
Shares Owned By Insiders | 0.21 % | ||||
Shares Owned By Institutions | 91.06 % | ||||
Number Of Shares Shorted | 3.03 M | ||||
Price To Earning | 415.52 X | ||||
Price To Book | 20.92 X | ||||
Price To Sales | 17.32 X | ||||
Revenue | 8.97 B | ||||
Gross Profit | 5.67 B | ||||
EBITDA | 1.29 B | ||||
Net Income | 1.73 B | ||||
Cash And Equivalents | 1.47 B | ||||
Cash Per Share | 19.55 X | ||||
Total Debt | 2.28 B | ||||
Debt To Equity | 0.47 % | ||||
Current Ratio | 1.24 X | ||||
Book Value Per Share | 37.26 X | ||||
Cash Flow From Operations | 3.4 B | ||||
Short Ratio | 2.52 X | ||||
Earnings Per Share | 8.41 X | ||||
Price To Earnings To Growth | 2.92 X | ||||
Target Price | 851.67 | ||||
Number Of Employees | 22.67 K | ||||
Beta | 0.97 | ||||
Market Capitalization | 155.34 B | ||||
Total Asset | 17.39 B | ||||
Retained Earnings | 2.07 B | ||||
Working Capital | 412 M | ||||
Current Asset | 1.09 B | ||||
Current Liabilities | 731.64 M | ||||
Z Score | 41.76 | ||||
Net Asset | 17.39 B |
About ServiceNow Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ServiceNow's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ServiceNow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ServiceNow based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Total Debt To Capitalization | 0.23 | 0.27 |
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Is ServiceNow'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 ServiceNow. If investors know ServiceNow 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 ServiceNow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.927 | Earnings Share 8.41 | Revenue Per Share 43.946 | Quarterly Revenue Growth 0.256 | Return On Assets 0.031 |
The market value of ServiceNow is measured differently than its book value, which is the value of ServiceNow that is recorded on the company's balance sheet. Investors also form their own opinion of ServiceNow's value that differs from its market value or its book value, called intrinsic value, which is ServiceNow'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 ServiceNow's market value can be influenced by many factors that don't directly affect ServiceNow'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 ServiceNow's value and its price as these two are different measures arrived at by different means. Investors typically determine if ServiceNow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ServiceNow'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.