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| Date | Value |
|---|---|
| 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 |