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Snowflake Effective Interest Rate on Debt %

: 0.00% (As of Jan. 2021)
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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Snowflake's annualized positive value of Interest Expense for the quarter that ended in Jan. 2021 was $0.0 Mil. Snowflake's average total debt for the quarter that ended in Jan. 2021 was $205.3 Mil. Therefore, Snowflake's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2021 was 0.00%.


Snowflake Effective Interest Rate on Debt % 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
Effective Interest Rate on Debt % 0.00 0.00 0.00

Snowflake Quarterly Data
Jan19 Oct19 Jan20 Jul20 Oct20 Jan21
Effective Interest Rate on Debt % Premium Member Only 0.00 0.00 0.00 0.00 0.00

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Snowflake Effective Interest Rate on Debt % Distribution

* The bar in red indicates where Snowflake's Effective Interest Rate on Debt % falls into.



Snowflake Effective Interest Rate on Debt % Calculation

Snowflake's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2020 )+Total Debt  (A: Jan. 2021 ))/ count )
=-1  *  0/( (211.267+204.537)/ 2 )
=-1  *  0/207.902
=0.00 %

where

Total Debt  (A: Jan. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=193.175 + 18.092
=211.267

Total Debt  (A: Jan. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=184.887 + 19.65
=204.537

Snowflake's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2020 )+Total Debt  (Q: Jan. 2021 ))/ count )
=-1  *  0/( (206.051+204.537)/ 2 )
=-1  *  0/205.294
=0.00 %

where

Total Debt  (Q: Oct. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=186.718 + 19.333
=206.051

Total Debt  (Q: Jan. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=184.887 + 19.65
=204.537

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

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jan. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Snowflake  (NYSE:SNOW) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Snowflake Effective Interest Rate on Debt % Related Terms


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