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Snowflake Debt-to-Equity

: 0.04 (As of Oct. 2020)
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Snowflake's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2020 was $19.3 Mil. Snowflake's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2020 was $186.7 Mil. Snowflake's Total Stockholders Equity for the quarter that ended in Oct. 2020 was $4,967.8 Mil. Snowflake's debt to equity for the quarter that ended in Oct. 2020 was 0.04.

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.

NYSE:SNOW' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.39   Med: -0.01   Max: 0.26
Current: 0.04

-0.39
0.26

During the past 2 years, the highest Debt-to-Equity Ratio of Snowflake was 0.26. The lowest was -0.39. And the median was -0.01.

NYSE:SNOW's Debt-to-Equity is ranked higher than
78% of the 1898 Companies
in the Software industry.

( Industry Median: 0.20 vs. NYSE:SNOW: 0.04 )

Snowflake Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Snowflake Annual Data
Jan19 Jan20
Debt-to-Equity -0.05 -0.39

Snowflake Quarterly Data
Jan19 Oct19 Jan20 Jul20 Oct20
Debt-to-Equity -0.05 N/A -0.39 0.26 0.04

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 Debt-to-Equity Distribution

* The bar in red indicates where Snowflake's Debt-to-Equity falls into.



Snowflake Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Snowflake's Debt to Equity Ratio for the fiscal year that ended in Jan. 2020 is calculated as

Snowflake's Debt to Equity Ratio for the quarter that ended in Oct. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Snowflake  (NYSE:SNOW) Debt-to-Equity Explanation

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.


Be Aware

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.


Snowflake Debt-to-Equity Related Terms


Snowflake Debt-to-Equity Headlines

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