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SnowflakeXSWX:SNOW +2.07%80 Equity-to-Asset is 0.23 as of Apr. 2026, which is 65% below its 10-year median of 0.65. GuruFocus rates XSWX:SNOW with a GF Score™ of 80/100 and a GF Value™ of CHF229.60. The stock has 5 warning signs investors should review. Among 2,892 Software companies, Snowflake ranks worse than 82.43% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Snowflake's Total Stockholders Equity for the quarter that ended in Apr. 2026 was CHF1,528 Mil. Snowflake's Total Assets for the quarter that ended in Apr. 2026 was CHF6,737 Mil.
Therefore, Snowflake's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.23.
The historical rank and industry rank for Snowflake's Equity-to-Asset or its related term are showing as below:
XSWX:SNOW'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.54 Med: 0.65 Max: 0.87
Current: 0.23
During the past 8 years, the highest Equity to Asset Ratio of Snowflake was 0.87. The lowest was -0.54. And the median was 0.65.
XSWX:SNOW's Equity-to-Asset is ranked worse than 82.43% of 2892
companies
in the Software industry
Industry Median: 0.56
vs XSWX:SNOW: 0.23
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Snowflake Equity-to-Asset Related Terms
Snowflake Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Snowflake's Equity-to-Asset 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.
XSWX:SNOW vs CDNS, ADBE, DDOG: Equity-to-Asset Comparison
For the Software - Application subindustry, Snowflake's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Snowflake Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Snowflake's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Snowflake's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Snowflake's Equity to Asset Ratio for the fiscal year that ended in Jan. 2026 is calculated as
* 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 (XSWX:SNOW) has a Equity-to-Asset of 0.23 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Snowflake and its competitors. This is 65% below median its historical median of 0.65. According to the industry distribution chart, Snowflake ranks #2384 out of 2892 companies in the Software industry, placing it in the top 82.4%.
Is Snowflake's Equity-to-Asset too high?
Snowflake's current Equity-to-Asset of 0.23 is 65% below median its 10-year median of 0.65. The Software industry median Equity-to-Asset is 0.56. Snowflake's value of 0.23 is 58.9% below this industry median. Based on the distribution chart, Snowflake ranks #2384 out of 2892 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Snowflake has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Snowflake's Equity-to-Asset compare to CDNS and ADBE?
According to the Software industry distribution chart, Snowflake ranks #2384 out of 2892 companies for Equity-to-Asset. This places Snowflake in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Snowflake's value of 0.23 is 58.9% below this benchmark. While the company's 10-year median is 0.65 vs. the industry median of 0.56, Snowflake has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,892 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Snowflake's current Equity-to-Asset of 0.23 is 58.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Snowflake and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snowflake's current Equity-to-Asset is 0.23, which is 65% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snowflake stock overvalued right now?
Snowflake (XSWX:SNOW) has a current Equity-to-Asset of 0.23. The stock's GF Value™ is CHF229.60, compared to a current price of CHF238.70 — trading 4% above its estimated fair value. The current Equity-to-Asset is 0.23, which is 65% below median its 10-year median of 0.65 and 58.9% below the Software industry median of 0.56. Snowflake's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Snowflake (XSWX:SNOW), the current Equity-to-Asset is 0.23 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Snowflake (XSWX:SNOW) Overvalued in 2026?
Based on GuruFocus' analysis, Snowflake stock appears to be overvalued.
The current stock price of CHF238.70 is trading 4% above its estimated GF Value™ of CHF229.60.
Key valuation signals for XSWX:SNOW:
Equity-to-Asset: 0.23 (65% below median its 10-year median of 0.65)
GF Value™: CHF229.60 vs. price of CHF238.70 (4% above fair value)
Industry Position: 58.9% below the Software median (#2384 of 2892)
No single metric tells the full story. See the XSWX:SNOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2012, Snowflake is a fully managed platform that consolidates data hosted on different public clouds for centralized analytics and governance. Snowflake's cloud-native architecture allows users to independently scale the compute and storage layers, providing customers with optimized performance at lower costs. The company's data lake and data warehouse products support a variety of use cases, including business analytics, data engineering, and artificial intelligence. Snowflake is widely used by Fortune 2000 companies in financial services, media, and retail sectors.
80GF Score
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