Quick Ratio Analysis of Snowflake Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Jan-24
Good Quick Ratio
2.15
Period Ending - Jan-23
Good Quick Ratio
2.47
Growth
-12.71 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24
Indecisive Quick Ratio
1.71
Quick Ratio Analysis of Snowflake Inc.
| Quick Ratio of Snowflake Inc. with value of 2.15 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Snowflake Inc. with value of 1.71 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Apr-24. |
| Quick Ratio of SNOW has fallen by -12.71 % Compared to previous Financial Year. |
| Quick Ratio with value of 5.45 was highest in Year Jan-21 in last Five Years. |
| Quick Ratio of SNOW trending down for at least three Years. |
| Latest Quick Ratio with value of 2.15 is lower than Average Quick Ratio of 2.98 in last five years. |
Other Quick Ratio Related Info of SNOW that may interest you.
Snowflake Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SNOW | 136.18 | 140.95 | 3.38 % | Software-Application |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Quick Ratio of Snowflake Inc.
| Period | Jan-24 | Jan-23 | Jan-22 | Jan-21 | Jan-20 | Jan-19 | Jun-16 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 2.15 | 2.47 | 3.29 | 5.45 | 1.53 | 0 | 1.21 |
| Change | -12.71 % | -25.07 % | -39.59 % | 255.21 % | 0 % | 13.81 % |
FY Chart of Quick Ratio of Snowflake Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)