Snowflake (SNOW) Financials

Snowflake Inc (SNOW) is a leading cloud data platform that provides organizations with fast and flexible access to their data. The company's financials reflect its strong performance and growth in the past years. In terms of its income statement, Snowflake Inc reported an impressive total revenue of $591.7 million for the fiscal year 2021. The company's gross profit stood at $466.9 million, highlighting its ability to generate substantial returns on its operations.

Snowflake Inc's net income from stockholders amounted to $-539.6 million, indicating a net loss for the year. However, it's important to note that the company is still in its growth phase and investing heavily in expanding its market presence. Moving on to the balance sheet, Snowflake Inc's total assets were valued at $11.9 billion, with total liabilities of $5.9 billion. This demonstrates the company's strong financial position and ability to meet its obligations.

Snowflake Inc's cash equivalents reached $836.2 million, providing the company with sufficient liquidity to support its growth initiatives. The company's net debt stood at $3.6 billion, reflecting its reliance on debt financing to fund its operations. However, Snowflake Inc also has a solid stockholders' equity of $5.9 billion, indicating investor confidence in the company's long-term prospects.

In terms of cash flows, Snowflake Inc generated a positive operating cash flow of $342.8 million, highlighting its ability to generate cash from its core operations. The company's investing cash flow was negative at $-3.7 billion, mainly due to investments in property and equipment. On the other hand, Snowflake Inc's financing cash flow was positive at $4.2 billion, primarily driven by the issuance of debt and equity.

Overall, Snowflake Inc's financials reflect its strong growth trajectory and position as a leading player in the cloud data platform market. The company continues to invest heavily in its expansion, which is evident from its net loss and reliance on debt financing. However, with its solid balance sheet, positive operating cash flow, and strong stockholders' equity, Snowflake Inc is well-positioned for continued success.