Snowflake Balance Sheet Health
Financial Health criteria checks 5/6
Snowflake has a total shareholder equity of $2.9B and total debt of $2.3B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are $8.2B and $5.3B respectively.
Key information
77.3%
Debt to equity ratio
US$2.27b
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.16b |
| Equity | US$2.93b |
| Total liabilities | US$5.27b |
| Total assets | US$8.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1SNOW's short term assets ($5.0B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: 1SNOW's short term assets ($5.0B) exceed its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: 1SNOW has more cash than its total debt.
Reducing Debt: 1SNOW's debt to equity ratio has increased from 0% to 77.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 1SNOW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1SNOW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 63.5% per year.