Snowflake Inc. (SNOW) — Tangible Net Worth Ratio
Snowflake Inc. (SNOW) has a Tangible Net Worth Ratio of 76.7% as of April 2026. This metric is calculated by deducting intangible assets ($451.36 Million) from net assets ($1.94 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore SNOW year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Snowflake Inc. Tangible Net Worth Ratio (2014–2026)
This chart shows how Snowflake Inc.'s Tangible Net Worth Ratio has changed across 9 annual periods from 2014 to 2026. As of April 2026, the ratio stands at 76.7%, reflecting net assets of $1.94 Billion with intangible assets of $451.36 Million USD. For live market cap and overall valuation, see Snowflake Inc. stock valuation.
Annual Tangible Net Worth Ratio for Snowflake Inc. (2014–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Snowflake Inc. from 2014 to 2026, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore SNOW capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 87.2% | $1.92 Billion | $246.92 Million | $9.13 Billion | ▼ -3.6 pp |
| 2025 | 90.8% | $3.01 Billion | $278.03 Million | $9.03 Billion | ▼ -2.9 pp |
| 2024 | 93.6% | $5.19 Billion | $331.41 Million | $8.22 Billion | ▼ -3.0 pp |
| 2023 | 96.6% | $5.47 Billion | $186.01 Million | $7.72 Billion | ▼ -2.7 pp |
| 2022 | 99.3% | $5.05 Billion | $37.14 Million | $6.65 Billion | ▼ -0.4 pp |
| 2021 | 99.7% | $4.94 Billion | $16.09 Million | $5.92 Billion | ▲ +59.7 pp |
| 2016 | 39.9% | $260.04 Million | $156.21 Million | $1.04 Billion | ▼ -1.4 pp |
| 2015 | 41.3% | $277.74 Million | $162.97 Million | $1.09 Billion | ▼ -41.5 pp |
| 2014 | 82.8% | $340.77 Million | $58.52 Million | $1.11 Billion | — |