ServiceNow (NOW) Debt Ratio (2019 - 2022)

ServiceNow (NOW) reported Debt Ratio of 0.01 for Q1 2022, down 95.62% on a YoY basis from 0.18 in Q1 2021, and down 6.04% quarter-over-quarter from 0.01 in Q4 2021.

ServiceNow (NOW) Debt Ratio (2019 - 2022) Analysis & Trends

ServiceNow has reported Debt Ratio for 4 years, with the latest figure at 0.01 in Q1 2022.

  • For the quarter ending Q1 2022, Debt Ratio fell 95.62% year-over-year to 0.01; the trailing twelve-month figure through Mar 2022 stood at 0.01 (down 95.62% YoY), and the FY2021 full-year result was 0.01, down 95.47% from the prior year.
  • Debt Ratio for Q1 2022 stood at 0.01, down from 0.01 in the prior quarter.
  • The five-year high for Debt Ratio was 0.22 in Q3 2020, with the low at 0.01 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.13 across 4 years, with a median of 0.17 in 2021.
  • Annual changes were most pronounced in 2020 — Debt Ratio surged 63.07% — and 2022, when it slumped 95.62%.
  • ServiceNow's Debt Ratio stood at 0.12 in 2019, then surged by 63.07% to 0.19 in 2020, then tumbled by 95.47% to 0.01 in 2021, then declined by 6.04% to 0.01 in 2022.
  • The last three Debt Ratio figures came in at 0.01 (Q1 2022), 0.01 (Q4 2021), and 0.17 (Q3 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.08
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.00
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.18
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.37
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.24
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.06
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.06
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Sep 30, 2021 0.17
Jun 30, 2021 0.17
Mar 31, 2021 0.18
Dec 31, 2020 0.19
Sep 30, 2020 0.22
Dec 31, 2019 0.12