ServiceNow Balance Sheet Analysis
| NOW Stock | USD 731.36 5.09 0.69% |
ServiceNow |
Most accounts from ServiceNow's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ServiceNow current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out ServiceNow Valuation and ServiceNow Correlation analysis. For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.At this time, ServiceNow's Cash is fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 10.1 B in 2024, whereas Net Debt is likely to drop slightly above 229 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 850M | 975M | 1.4B | 1.4B | Total Assets | 10.8B | 13.3B | 17.4B | 18.3B |
ServiceNow balance sheet Correlations
Click cells to compare fundamentals
ServiceNow Account Relationship Matchups
ServiceNow balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 6.0B | 8.7B | 10.8B | 13.3B | 17.4B | 18.3B | |
| Other Current Liab | 461.4M | 668.1M | 850M | 975M | 1.4B | 1.4B | |
| Other Liab | 63.5M | 80.5M | 114M | 126M | 144.9M | 152.1M | |
| Net Debt | 355.1M | 458.4M | 486M | 762M | 387M | 229.0M | |
| Retained Earnings | (352.2M) | (233.7M) | (4M) | 338M | 2.1B | 2.2B | |
| Accounts Payable | 53.0M | 34.2M | 89M | 274M | 126M | 132.3M | |
| Cash | 775.8M | 1.7B | 1.7B | 1.5B | 1.9B | 2.0B | |
| Other Assets | 988.7M | 3.1B | 1.5B | 1.7B | 2.0B | 2.1B | |
| Net Receivables | 835.3M | 1.0B | 1.4B | 1.7B | 2.0B | 2.1B | |
| Inventory | 175.0M | 228.9M | 303M | 369M | 461M | 484.1M | |
| Other Current Assets | 125.5M | 191.5M | 223M | 280M | 403M | 423.2M | |
| Total Liab | 3.9B | 5.9B | 7.1B | 8.3B | 9.8B | 10.2B | |
| Total Current Assets | 2.8B | 4.5B | 5.2B | 6.7B | 7.8B | 8.2B | |
| Short Term Debt | 52.7M | 72.2M | 174M | 96M | 89M | 133.0M | |
| Common Stock | 189K | 196K | 3.7B | 202.8K | 233.2K | 221.6K | |
| Net Tangible Assets | 1.8B | 2.4B | 2.6B | 4.0B | 4.6B | 4.8B | |
| Long Term Debt | 695.0M | 1.6B | 1.5B | 1.5B | 1.5B | 909.9M | |
| Good Will | 156.8M | 240.8M | 777M | 824M | 1.2B | 1.3B | |
| Capital Surpluse | 2.5B | 3.0B | 3.7B | 4.8B | 5.5B | 5.8B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out ServiceNow Valuation and ServiceNow Correlation analysis. For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for ServiceNow Stock analysis
When running ServiceNow's price analysis, check to measure ServiceNow'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 ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Stocks Directory Find actively traded stocks across global markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |
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 8.42 | 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.