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Snowflake ROCE %

: -13.84% (As of Apr. 2022)
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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Snowflake's annualized ROCE % for the quarter that ended in Apr. 2022 was -13.84%.


Snowflake ROCE % Historical Data

The historical data trend for Snowflake's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Snowflake Annual Data
Trend Jan19 Jan20 Jan21 Jan22
ROCE %
-29.94 -58.91 -18.99 -13.77

Snowflake Quarterly Data
Jan19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
ROCE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.99 -15.53 -12.14 -11.63 -13.84

Snowflake ROCE % Calculation

Snowflake's annualized ROCE % for the fiscal year that ended in Jan. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2022 )  (A: Jan. 2021 )(A: Jan. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2022 )  (A: Jan. 2021 )(A: Jan. 2022 )
=-715.036/( ( (5921.739 - 789.264) + (6649.698 - 1397.093) )/ 2 )
=-715.036/( (5132.475+5252.605)/ 2 )
=-715.036/5192.54
=-13.77 %

Snowflake's ROCE % of for the quarter that ended in Apr. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2022 )  (Q: Jan. 2022 )(Q: Apr. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2022 )  (Q: Jan. 2022 )(Q: Apr. 2022 )
=-755.064/( ( (6649.698 - 1397.093) + (7022.699 - 1363.718) )/ 2 )
=-755.064/( ( 5252.605 + 5658.981 )/ 2 )
=-755.064/5455.793
=-13.84 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2022) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Snowflake  (NYSE:SNOW) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Snowflake ROCE % Related Terms

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Snowflake Business Description

Snowflake logo
Address
450 Concar Drive, San Mateo, CA, USA, 94402
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Executives
Sequoia Grove Ii, Llc 10 percent owner SEQUOIA CAPITAL 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Sequoia Grove Manager, Llc 10 percent owner SEQUOIA CAPITAL 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025
Sequoia Capital Growth Fund Iii 10 percent owner 2800 SAND HILL RD, SUITE 101 MENLO PARK CA 94025
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET OMAHA NE 68131
Iconiq Strategic Partners V Tt Gp, Ltd. 10 percent owner 394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Iconiq Strategic Partners V Gp, L.p. 10 percent owner 394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Altimeter Capital Management General Partner, Llc 10 percent owner ONE INTERNATIONAL PLACE SUITE 4610 BOSTON MA 02110
Iconiq Strategic Partners V-b, L.p. 10 percent owner 394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Iconiq Strategic Partners V, L.p. 10 percent owner 394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Buffett Warren E 10 percent owner 3555 FARNAM ST STE 1440 OMAHA NE 68131
Iconiq Strategic Partners Iii, L.p. 10 percent owner 394 PACIFIC AVENUE, 2ND FLOOR SAN FRANCISCO CA 94111
Jacobson Matthew 10 percent owner C/O DATADOG, INC. 45TH FLOOR NEW YORK NY 10001
Iconiq Strategic Partners Iii-b, L.p. 10 percent owner 394 PACIFIC AVENUE, 2ND FLOOR SAN FRANCISCO CA 94111
Iconiq Strategic Partners Iii Gp, L.p. 10 percent owner 394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111
Iconiq Strategic Partners Iii Tt Gp, Ltd. 10 percent owner 394 PACIFIC AVENUE SECOND FLOOR SAN FRANCISCO CA 94111

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