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Snowflake EBIT

: $-455.0 Mil (TTM As of Jan. 2021)
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Snowflake's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2021 was $-200.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2021 was $-455.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Snowflake's annualized ROC % for the quarter that ended in Jan. 2021 was -44.51%. Snowflake's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2021 was -321.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Snowflake's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2021 was -0.71%.


Snowflake EBIT Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Snowflake Annual Data
Jan19 Jan20 Jan21
EBIT -185.47 -358.09 -543.94

Snowflake Quarterly Data
Jan19 Oct19 Jan20 Jul20 Oct20 Jan21
EBIT Premium Member Only -90.13 -85.11 0.00 -169.45 -200.40

Snowflake EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2021 was -85.112 (Jan. 2020 ) + 0 (Jul. 2020 ) + -169.454 (Oct. 2020 ) + -200.397 (Jan. 2021 ) = $-455.0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Snowflake  (NYSE:SNOW) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Snowflake's annualized ROC % for the quarter that ended in Jan. 2021 is calculated as:

ROC % (Q: Jan. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2020 ) + Invested Capital (Q: Jan. 2021 ))/ count )
=-801.588 * ( 1 - -0.68% )/( (1246.399 + 2380.212)/ 2 )
=-807.0387984/1813.3055
=-44.51 %

where

Invested Capital(Q: Oct. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5712.889 - 27.378 - ( 4754.048 - max(0, 547.659 - 4986.771+4754.048))
=1246.399

Invested Capital(Q: Jan. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5921.739 - 30.139 - ( 3908.064 - max(0, 789.264 - 4300.652+3908.064))
=2380.212

Note: The Operating Income data used here is four times the quarterly (Jan. 2021) data.

2. Joel Greenblatt's definition of Return on Capital:

Snowflake's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2020  Q: Jan. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-801.588/( ( (242.905 + max(-295.603, 0)) + (255.786 + max(-377.026, 0)) )/ 2 )
=-801.588/( ( 242.905 + 255.786 )/ 2 )
=-801.588/249.3455
=-321.48 %

where Working Capital is:

Working Capital(Q: Oct. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(168.982 + 0 + 63.741) - (27.378 + 438.227 + 62.721)
=-295.603

Working Capital(Q: Jan. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(294.017 + 0 + 98.571) - (30.139 + 638.652 + 100.823)
=-377.026

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2021) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Snowflake's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2021 )
=-454.963/63771.437
=-0.71 %

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Snowflake EBIT Related Terms


Snowflake EBIT Headlines

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