Snowflake (MEX:SNOW) Cash And Cash Equivalents : MXN43,046 Mil (As of Oct. 2024)

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What is Snowflake Cash And Cash Equivalents?

Snowflake's quarterly cash and cash equivalents increased from Apr. 2024 (MXN22,702.40 Mil) to Jul. 2024 (MXN23,842.83 Mil) and increased from Jul. 2024 (MXN23,842.83 Mil) to Oct. 2024 (MXN43,046.04 Mil).

Snowflake's annual cash and cash equivalents declined from Jan. 2022 (MXN22,406.19 Mil) to Jan. 2023 (MXN17,668.28 Mil) but then increased from Jan. 2023 (MXN17,668.28 Mil) to Jan. 2024 (MXN30,277.33 Mil).

Snowflake Cash And Cash Equivalents Historical Data

The historical data trend for Snowflake's Cash And Cash Equivalents 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 Cash And Cash Equivalents Chart

Snowflake Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash And Cash Equivalents

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2,402.92

16,612.69

22,406.19

17,668.28

30,277.33

Snowflake Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Cash And Cash Equivalents	Get a 7-Day Free Trial															17,731.33	30,277.33	22,702.40	23,842.83	43,046.04

Snowflake Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Snowflake (MEX:SNOW) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Snowflake Cash And Cash Equivalents Related Terms

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Snowflake Business Description

Industry

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Address

106 East Babcock Street, Suite 3A, Bozeman, MT, USA, 59715

Website

https://www.snowflake.com

Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that went public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500. 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 buy and ingest data, while its data solutions can be hosted on various public clouds.