Snowflake (BUE:SNOW) LT-Debt-to-Total-Asset: 0.32 (As of Apr. 2026)


What is Snowflake LT-Debt-to-Total-Asset?

Snowflake BUE:SNOW 83 LT-Debt-to-Total-Asset is 0.32 as of Apr. 2026. GuruFocus rates BUE:SNOW with a GF Score™ of 83/100. The stock has 4 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Snowflake's long-term debt to total assests ratio for the quarter that ended in Apr. 2026 was 0.32.

Snowflake's long-term debt to total assets ratio declined from Apr. 2025 (0.33) to Apr. 2026 (0.32). It may suggest that Snowflake is progressively becoming less dependent on debt to grow their business.

Snowflake  (BUE:SNOW) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Snowflake LT-Debt-to-Total-Asset Related Terms

Snowflake LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Snowflake's LT-Debt-to-Total-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.

Snowflake LT-Debt-to-Total-Asset Chart

Snowflake Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.03 0.03 0.03 0.29 0.30

Snowflake Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
LT-Debt-to-Total-Asset 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 0.33 0.32 0.32 0.30 0.32

Snowflake LT-Debt-to-Total-Asset Calculation

Snowflake's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2026 is calculated as

LT Debt to Total Assets (A: Jan. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2026 )/Total Assets (A: Jan. 2026 )
=3886740.913/13187973.601
=0.29

Snowflake's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (Q: Apr. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2026 )/Total Assets (Q: Apr. 2026 )
=3778376.648/11898928.071
=0.32

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.32 mean?
Snowflake (BUE:SNOW) has a LT-Debt-to-Total-Asset of 0.32 as of Apr. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Snowflake and its competitors.
Is Snowflake's LT-Debt-to-Total-Asset too high?
Snowflake's current LT-Debt-to-Total-Asset is 0.32. Overall, Snowflake has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Snowflake's LT-Debt-to-Total-Asset compare to DDOG and ADP?
Snowflake's LT-Debt-to-Total-Asset of 0.32 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Software company?
A good LT-Debt-to-Total-Asset depends on the Software industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Snowflake and its competitors. Snowflake's current LT-Debt-to-Total-Asset is 0.32. 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 (BUE:SNOW) has a current LT-Debt-to-Total-Asset of 0.32. The current LT-Debt-to-Total-Asset is 0.32. Snowflake's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Snowflake (BUE:SNOW), the current LT-Debt-to-Total-Asset is 0.32 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.

Snowflake Business Description

Address 135 Constitution Drive, Menlo Park, CA, USA, 94025
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.