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Snowflake (MEX:SNOW) Deferred Tax : MXN-245 Mil (TTM As of Oct. 2024)


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What is Snowflake Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Snowflake's change in deferred tax for the three months ended in Oct. 2024 was MXN-12 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Oct. 2024 was MXN-245 Mil.

Snowflake Deferred Tax Historical Data

The historical data trend for Snowflake's Deferred Tax 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.

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Snowflake Deferred Tax Chart

Snowflake Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Deferred Tax
Get a 7-Day Free Trial - -0.61 -14.80 -501.23 -459.67

Snowflake Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.85 -234.54 - 0.91 -11.64

Snowflake Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-245 Mil.


* 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 Deferred Tax Related Terms

Thank you for viewing the detailed overview of Snowflake's Deferred Tax provided by GuruFocus.com. Please click on the following links to see related term pages.

Snowflake Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Snowflake Inc (MEX:SNOW) » Definitions » Deferred Tax
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Traded in Other Exchanges
SNOW:USA 1SNOW:Italy 0A93:UK 5Q5:Germany S2NW34:Brazil SNWF:Austria
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.