Market Cap : 99.98 B | Enterprise Value : 98.27 B | PE Ratio : 543.91 | PB Ratio : 23.83 |
---|
NYSE:NOW has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NYSE:NOW has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
ServiceNow's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $87 Mil. ServiceNow's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $2,057 Mil. ServiceNow's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $4,194 Mil. ServiceNow's debt to equity for the quarter that ended in Jun. 2022 was 0.51.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for ServiceNow's Debt-to-Equity or its related term are showing as below:
During the past 12 years, the highest Debt-to-Equity Ratio of ServiceNow was 2.36. The lowest was 0.48. And the median was 0.91.
NOW's Debt-to-Equity is ranked worse thanThe historical data trend for ServiceNow's Debt-to-Equity 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.
For the Software - Application subindustry, ServiceNow's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* 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. Note that "N/A" values will not show up in the chart.
For the Software industry and Technology sector, ServiceNow's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ServiceNow's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
ServiceNow's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (174 | + | 2040) | / | 3695 | |
= | 0.60 |
ServiceNow's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (87 | + | 2057) | / | 4194 | |
= | 0.51 |
* 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.
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of ServiceNow's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Caimi Lara | officer: Chief Customer & Partner Ofc | C/O CONFLUENT, INC. 899 W EVELYN AVENUE MOUNTAIN VIEW CA 94041 |
Bedi Christopher | officer: Chief Information Officer | 2225 LAWSON LANE SANTA CLARA CA 95054 |
Smith Paul John | officer: Chief Commercial Officer | 2225 LAWSON LANE SANTA CLARA CA 95054 |
Mcbride Kevin Thomas | officer: Principal Accounting Officer | 2200 MISSION COLLEGE BLVD SANTA CLARA CA 95054 |
Tzitzon Nicholas | officer: Chief Strat & Corp Affairs Ofc | 2225 LAWSON LANE SANTA CLARA CA 95054 |
Rathnam Sukumar | director | 2225 LAWSON LANE SANTA CLARA CA 95054 |
Canney Jacqueline P | officer: Chief People Officer | 702 SW 8TH STREET BENTONVILLE AR 72716 |
Quinlan Larry | director | 2225 LAWSON LANE SANTA CLARA CA 95054 |
Toledano Gabrielle B | officer: Chief Talent Officer | 209 REDWOOD SHORES PARKWAY REDWOOD CITY CA 94065 |
Jackson Lawrence | director | 2225 LAWSON LANE SANTA CLARA CA 95054 |
Haverty Kevin | officer: Chief Revenue Officer | 2225 LAWSON LANE SANTA CLARA CA 95054 |
Mastantuono Gina | officer: Chief Financial Officer | 237 PARK AVENUE 14TH FLOOR NEW YORK NY 10017 |
Mcdermott William R | director, officer: President & CEO | C/O UNDER ARMOUR, INC. 1020 HULL STREET, 3RD FLOOR BALTIMORE MD 21230 |
Goon Fay Sien | officer: Principal Accounting Officer | 2225 LAWSON LANE SANTA CLARA CA 95054 |
Briggs Teresa | director | 2225 LAWSON LANE SANTA CLARA CA 95054 |
From GuruFocus
Other Sources
By Seekingalpha 2022-01-16
By Zacks 2022-01-24
By Zacks 2022-03-11
By tipranks.com 2022-03-22
By Fool 2022-02-06
By Zacks 2022-03-21
By Zacks 2022-02-25
By Zacks 2022-03-08
By Zacks 2022-03-15
By Fool 2022-02-01
By Zacks 2022-01-21
By Zacks 2022-01-20
By Fool 2022-01-27