Snowflake annual current ratio
2020
2021
2022
2023
2024
2025
2026
Snowflake Current Ratio Growth & History (SNOW)
Snowflake's current ratio was 1.30 for fiscal 2026.
View full Snowflake company overviewSnowflake annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | 1.30 | −0.48 | −26.95% |
| 2025 | 2025-01-31 | 1.78 | −0.07 | −3.64% |
| 2024 | 2024-01-31 | 1.85 | −0.66 | −26.21% |
| 2023 | 2023-01-31 | 2.50 | −0.79 | −24.03% |
| 2022 | 2022-01-31 | 3.29 | −2.16 | −39.59% |
| 2021 | 2021-01-31 | 5.45 | 3.85 | +241.14% |
| 2020 | 2020-01-31 | 1.60 | — | — |
Snowflake quarterly current ratio
Q4.20
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
Q2.27
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | 0.94 | −0.55 | −36.76% |
| Q1 2027 | 2026-04-30 | 1.05 | −0.53 | −33.33% |
| Q4 2026 | 2026-01-31 | 1.30 | −0.48 | −26.95% |
| Q3 2026 | 2025-10-31 | 1.37 | −0.52 | −27.42% |
| Q2 2026 | 2025-07-31 | 1.48 | −0.10 | −6.14% |
| Q1 2026 | 2025-04-30 | 1.58 | −0.13 | −7.42% |
| Q4 2025 | 2025-01-31 | 1.78 | −0.07 | −3.64% |
| Q3 2025 | 2024-10-31 | 1.88 | −0.24 | −11.25% |
| Q2 2025 | 2024-07-31 | 1.58 | −0.72 | −31.30% |
| Q1 2025 | 2024-04-30 | 1.71 | −0.72 | −29.54% |
| Q4 2024 | 2024-01-31 | 1.85 | −0.66 | −26.21% |
| Q3 2024 | 2023-10-31 | 2.12 | −0.96 | −31.17% |
| Q2 2024 | 2023-07-31 | 2.30 | −0.91 | −28.36% |
| Q1 2024 | 2023-04-30 | 2.42 | — | — |
| Q4 2023 | 2023-01-31 | 2.50 | −0.79 | −24.03% |
| Q3 2023 | 2022-10-31 | 3.08 | −1.41 | −31.41% |
| Q2 2023 | 2022-07-31 | 3.21 | −1.93 | −37.57% |
| Q4 2022 | 2022-01-31 | 3.29 | −2.16 | −39.59% |
| Q3 2022 | 2021-10-31 | 4.49 | −4.61 | −50.65% |
| Q2 2022 | 2021-07-31 | 5.15 | — | — |
| Q1 2022 | 2021-04-30 | 5.43 | — | — |
| Q4 2021 | 2021-01-31 | 5.45 | 3.85 | +241.14% |
| Q3 2021 | 2020-10-31 | 9.11 | — | — |
| Q4 2020 | 2020-01-31 | 1.60 | — | — |
Snowflake current ratio trends
Over the last five fiscal years, Snowflake's current ratio decreased from 5.45 to 1.30, a change of −4.15. The latest reported quarter, Q2 2027, shows 0.94.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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