ServiceNow (NOW) Debt to Equity (2019 - 2022)
ServiceNow (NOW) reported Debt to Equity of $0.02 for Q1 2022, down 95.85% on a YoY basis from $0.53 in Q1 2021, and down 11.57% quarter-over-quarter from $0.02 in Q4 2021.
ServiceNow (NOW) Debt to Equity (2019 - 2022) Analysis & Trends
ServiceNow has reported Debt to Equity for 4 years, with the latest figure at $0.02 in Q1 2022.
- For the quarter ending Q1 2022, Debt to Equity fell 95.85% year-over-year to $0.02; the trailing twelve-month figure through Mar 2022 stood at $0.02 (down 95.85% YoY), and the FY2021 full-year result was $0.02, down 95.7% from the prior year.
- Debt to Equity for Q1 2022 stood at $0.02, down from $0.02 in the prior quarter.
- The five-year high for Debt to Equity was $0.64 in Q3 2020, with the low at $0.02 in Q1 2022.
- Historically, Debt to Equity has averaged $0.38 across 4 years, with a median of $0.46 in 2021.
- Annual changes were most pronounced in 2020 — Debt to Equity surged 77.11% — and 2022, when it slumped 95.85%.
- ServiceNow's Debt to Equity stood at $0.33 in 2019, then surged by 77.11% to $0.58 in 2020, then slumped by 95.7% to $0.02 in 2021, then slipped by 11.57% to $0.02 in 2022.
- The last three Debt to Equity figures came in at $0.02 (Q1 2022), $0.02 (Q4 2021), and $0.45 (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.13 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.00 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.42 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.15 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.44 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.63 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.16 |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.45 |
| Jun 30, 2021 | 0.48 |
| Mar 31, 2021 | 0.53 |
| Dec 31, 2020 | 0.58 |
| Sep 30, 2020 | 0.64 |
| Dec 31, 2019 | 0.33 |