Snowflake Common Stock Shares Outstanding vs Retained Earnings Analysis

SNOW Stock

USD 159.09 4.59 2.80%

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 Common Stock Shares Outstanding and its Retained Earnings 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.

Common Stock Shares Outstanding vs Retained Earnings

Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snowflake Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Snowflake's Common Stock Shares Outstanding and Retained Earnings is -0.17. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Snowflake, assuming nothing else is changed. The correlation between historical values of Snowflake's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Snowflake are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., Snowflake's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Profit	760.9M	1.3B	1.9B	2.0B
Total Revenue	1.2B	2.1B	2.8B	2.9B

Gross Profit Total Revenue

Snowflake fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Net Debt	Retained Earnings	Cash	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Liab	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total
Total Assets		-0.21	0.95	-0.91	-0.48	0.96	0.64	0.95	0.78	-0.51	0.89	0.87	-0.67	0.76	0.09	0.92	0.88	0.67	0.93	0.96	0.91	0.94	0.92	0.92	0.78	0.96
Short Long Term Debt Total	-0.21		-0.21	0.53	-0.68	-0.24	0.18	-0.26	0.0	0.93	-0.48	-0.4	0.11	-0.35	0.92	-0.35	-0.17	0.25	-0.19	-0.26	-0.18	-0.26	-0.27	-0.21	-0.12	-0.24
Total Current Liabilities	0.95	-0.21		-0.92	-0.55	0.98	0.58	1.0	0.91	-0.51	0.87	0.7	-0.83	0.84	0.1	0.8	0.84	0.8	1.0	0.84	0.99	0.81	0.91	0.93	0.93	0.92
Net Debt	-0.91	0.53	-0.92		0.22	-0.95	-0.42	-0.94	-0.73	0.76	-0.91	-0.79	0.76	-0.81	0.22	-0.86	-0.8	-0.57	-0.91	-0.86	-0.88	-0.85	-0.88	-0.87	-0.81	-0.89
Retained Earnings	-0.48	-0.68	-0.55	0.22		-0.5	-0.59	-0.5	-0.7	-0.44	-0.17	-0.1	0.58	-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
Cash	0.96	-0.24	0.98	-0.95	-0.5		0.53	0.98	0.84	-0.53	0.85	0.74	-0.84	0.78	0.06	0.82	0.82	0.75	0.98	0.87	0.94	0.86	0.89	0.89	0.89	0.91
Non Currrent Assets Other	0.64	0.18	0.58	-0.42	-0.59	0.53		0.57	0.47	0.01	0.48	0.54	-0.26	0.47	0.31	0.59	0.59	0.37	0.54	0.63	0.6	0.62	0.55	0.65	0.43	0.64
Net Receivables	0.95	-0.26	1.0	-0.94	-0.5	0.98	0.57		0.88	-0.56	0.89	0.73	-0.81	0.85	0.05	0.82	0.85	0.77	0.99	0.85	0.98	0.83	0.92	0.93	0.91	0.93
Good Will	0.78	0.0	0.91	-0.73	-0.7	0.84	0.47	0.88		-0.26	0.64	0.41	-0.87	0.74	0.27	0.54	0.64	0.93	0.92	0.6	0.94	0.57	0.73	0.8	0.97	0.74
Common Stock Total Equity	-0.51	0.93	-0.51	0.76	-0.44	-0.53	0.01	-0.56	-0.26		-0.76	-0.62	0.33	-0.61	0.74	-0.61	-0.5	-0.02	-0.49	-0.53	-0.47	-0.52	-0.6	-0.51	-0.37	-0.54
Common Stock Shares Outstanding	0.89	-0.48	0.87	-0.91	-0.17	0.85	0.48	0.89	0.64	-0.76		0.87	-0.56	0.9	-0.16	0.92	0.93	0.46	0.83	0.89	0.84	0.88	0.97	0.92	0.67	0.94
Short Term Investments	0.87	-0.4	0.7	-0.79	-0.1	0.74	0.54	0.73	0.41	-0.62	0.87		-0.29	0.64	-0.14	0.97	0.82	0.27	0.65	0.96	0.64	0.96	0.83	0.79	0.4	0.88
Inventory	-0.67	0.11	-0.83	0.76	0.58	-0.84	-0.26	-0.81	-0.87	0.33	-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
Total Liab	0.76	-0.35	0.84	-0.81	-0.31	0.78	0.47	0.85	0.74	-0.61	0.9	0.64	-0.65		0.01	0.78	0.88	0.59	0.82	0.73	0.85	0.72	0.91	0.94	0.75	0.88
Property Plant And Equipment Gross	0.09	0.92	0.1	0.22	-0.82	0.06	0.31	0.05	0.27	0.74	-0.16	-0.14	-0.14	0.01		-0.04	0.16	0.52	0.11	0.04	0.12	0.05	0.06	0.14	0.16	0.1
Total Current Assets	0.92	-0.35	0.8	-0.86	-0.23	0.82	0.59	0.82	0.54	-0.61	0.92	0.97	-0.44	0.78	-0.04		0.9	0.41	0.76	0.98	0.75	0.99	0.91	0.9	0.55	0.96
Short Term Debt	0.88	-0.17	0.84	-0.8	-0.39	0.82	0.59	0.85	0.64	-0.5	0.93	0.82	-0.55	0.88	0.16	0.9		0.54	0.81	0.89	0.81	0.89	0.97	0.94	0.64	0.95
Intangible Assets	0.67	0.25	0.8	-0.57	-0.82	0.75	0.37	0.77	0.93	-0.02	0.46	0.27	-0.83	0.59	0.52	0.41	0.54		0.83	0.49	0.83	0.46	0.6	0.68	0.89	0.62
Other Current Liab	0.93	-0.19	1.0	-0.91	-0.57	0.98	0.54	0.99	0.92	-0.49	0.83	0.65	-0.88	0.82	0.11	0.76	0.81	0.83		0.8	0.98	0.78	0.88	0.9	0.95	0.89
Total Stockholder Equity	0.96	-0.26	0.84	-0.86	-0.34	0.87	0.63	0.85	0.6	-0.53	0.89	0.96	-0.49	0.73	0.04	0.98	0.89	0.49	0.8		0.79	1.0	0.9	0.9	0.6	0.96
Other Liab	0.91	-0.18	0.99	-0.88	-0.57	0.94	0.6	0.98	0.94	-0.47	0.84	0.64	-0.81	0.85	0.12	0.75	0.81	0.83	0.98	0.79		0.76	0.88	0.92	0.93	0.89
Net Tangible Assets	0.94	-0.26	0.81	-0.85	-0.33	0.86	0.62	0.83	0.57	-0.52	0.88	0.96	-0.49	0.72	0.05	0.99	0.89	0.46	0.78	1.0	0.76		0.89	0.89	0.58	0.95
Property Plant And Equipment Net	0.92	-0.27	0.91	-0.88	-0.37	0.89	0.55	0.92	0.73	-0.6	0.97	0.83	-0.64	0.91	0.06	0.91	0.97	0.6	0.88	0.9	0.88	0.89		0.96	0.74	0.97
Current Deferred Revenue	0.92	-0.21	0.93	-0.87	-0.48	0.89	0.65	0.93	0.8	-0.51	0.92	0.79	-0.67	0.94	0.14	0.9	0.94	0.68	0.9	0.9	0.92	0.89	0.96		0.79	0.98
Accounts Payable	0.78	-0.12	0.93	-0.81	-0.63	0.89	0.43	0.91	0.97	-0.37	0.67	0.4	-0.95	0.75	0.16	0.55	0.64	0.89	0.95	0.6	0.93	0.58	0.74	0.79		0.74
Non Current Assets Total	0.96	-0.24	0.92	-0.89	-0.43	0.91	0.64	0.93	0.74	-0.54	0.94	0.88	-0.62	0.88	0.1	0.96	0.95	0.62	0.89	0.96	0.89	0.95	0.97	0.98	0.74

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Snowflake Account Relationship Matchups

Snowflake fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	5.9B	6.6B	7.7B	8.2B	8.6B
Short Long Term Debt Total	211.3M	204.5M	206.3M	251.7M	288.0M	258.1M
Total Current Liabilities	416.5M	789.3M	1.4B	2.0B	2.7B	2.9B
Net Debt	84.1M	(615.6M)	(879.4M)	(688.2M)	(1.5B)	(1.4B)
Retained Earnings	(700.3M)	(1.2B)	(1.9B)	(2.7B)	(4.1B)	(3.9B)
Cash	127.2M	820.2M	1.1B	939.9M	1.8B	1.9B
Non Currrent Assets Other	19.5M	89.3M	453.8M	429.1M	312.6M	250.9M
Net Receivables	179.5M	294.0M	545.6M	715.8M	951.1M	998.7M
Common Stock Shares Outstanding	276.7M	283.2M	300.3M	318.7M	328.0M	292.4M
Short Term Investments	306.8M	3.1B	2.8B	3.1B	2.1B	1.5B
Liabilities And Stockholders Equity	1.0B	5.9B	6.6B	7.7B	8.2B	8.6B
Total Liab	1.6B	985.3M	1.6B	2.3B	3.0B	1.6B
Property Plant And Equipment Gross	223.1M	255.8M	295.4M	392.1M	574.2M	317.7M
Total Current Assets	665.2M	4.3B	4.6B	5.0B	5.0B	2.5B
Accumulated Other Comprehensive Income	216K	439K	(16.3M)	(38.3M)	(8.2M)	(7.8M)
Short Term Debt	18.1M	19.7M	25.1M	27.3M	33.9M	18.3M
Intangible Assets	4.8M	16.1M	37.1M	186.0M	331.4M	348.0M
Other Current Liab	62.8M	125.3M	200.7M	269.1M	446.9M	469.2M
Total Stockholder Equity	(544.8M)	4.9B	5.0B	5.5B	5.2B	3.6B
Other Liab	11.4M	11.1M	22.4M	35.8M	41.2M	43.3M
Net Tangible Assets	(558.8M)	4.9B	5.0B	4.6B	5.3B	3.0B
Property Plant And Equipment Net	223.1M	255.8M	295.4M	392.1M	499.6M	309.6M
Current Deferred Revenue	327.1M	638.7M	1.2B	1.7B	2.2B	1.1B
Accounts Payable	8.5M	5.6M	13.4M	23.7M	51.7M	54.3M
Non Current Assets Total	347.5M	1.6B	2.1B	2.7B	3.3B	1.9B
Other Assets	89.0M	134.0M	453.8M	226.2M	260.1M	208.0M
Cash And Short Term Investments	434.1M	3.9B	3.9B	4.0B	3.8B	3.1B
Non Current Liabilities Total	1.1B	196.0M	203.6M	260.2M	301.6M	404.6M
Capital Lease Obligations	211.3M	204.5M	206.3M	251.7M	288.0M	216.0M
Other Current Assets	25.3M	98.6M	200.9M	193.1M	155.8M	128.4M
Other Stockholder Equity	(781.1M)	6.2B	7.0B	8.2B	9.3B	5.5B
Deferred Long Term Liab	69.5M	86.2M	124.5M	145.3M	167.1M	100.8M
Net Invested Capital	(544.8M)	4.9B	5.0B	5.5B	5.2B	3.6B
Long Term Investments	23.5M	1.2B	1.3B	1.1B	916.3M	813.0M
Capital Stock	6K	28K	31K	32K	34K	24.9K
Non Current Liabilities Other	8.5M	6.9M	11.2M	24.4M	33.1M	34.8M
Net Working Capital	248.7M	3.5B	3.2B	3.0B	2.3B	2.3B

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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:

How To Invest In Snowflake

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Is Snowflake Stock a good investment?

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What is Snowflake's Net Worth?

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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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.

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Snowflake Common Stock Shares Outstanding vs Retained Earnings Analysis

Common Stock Shares Outstanding vs Retained Earnings

Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Retained Earnings

Snowflake fundamental ratios Correlations

Snowflake Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Snowflake fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Current Liabilities
Other Current Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Other Liab	+ 0.99	Total Current Liabilities
Other Current Liab	+ 0.99	Net Receivables
Net Tangible Assets	+ 0.99	Total Current Assets

Accounts Payable	- 0.95	Inventory
Cash	- 0.95	Net Debt
Net Receivables	- 0.94	Net Debt
Net Debt	- 0.92	Total Current Liabilities
Other Current Liab	- 0.91	Net Debt
Common Stock Shares Outstanding	- 0.91	Net Debt