Snowflake Inc. (SNOW) Quick Ratio (Acid-Test): 1.30
Is Snowflake Inc.’s quick ratio (acid-test) high or low?
Snowflake Inc.'s quick ratio (acid-test) of 1.30 is 52% below its 5-year average of 2.69, near the low end of its 5-year range (1.30–5.45).
The quick ratio (acid-test) for Snowflake Inc. (SNOW) is 1.30 as of Wednesday, June 10, 2026. It is below its 12-month average by 14.75% (1.52).
SNOW Quick Ratio (Acid-Test) Chart
SNOW Average Quick Ratio (Acid-Test) Chart
SNOW Current vs Average Quick Ratio (Acid-Test) Chart
SNOW Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.30
QUICK RATIO (ACID-TEST) AVG TTM
1.52
QUICK RATIO (ACID-TEST) AVG 3Y
1.85
QUICK RATIO (ACID-TEST) AVG 5Y
2.69
QUICK RATIO (ACID-TEST) AVG 10Y
2.82
QUICK RATIO (ACID-TEST) AVG 15Y
2.82
QUICK RATIO (ACID-TEST) AVG 20Y
2.82
CURRENT VS TTM AVG
-14.75%
CURRENT VS 3Y AVG
-29.73%
CURRENT VS 5Y AVG
-51.67%
CURRENT VS 10Y AVG
-53.90%
CURRENT VS 15Y AVG
-53.90%
CURRENT VS 20Y AVG
-53.90%
SNOW Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snowflake Inc. (SNOW) | — | 1.30 | 1.52 | 1.85 | 2.69 |
| Datadog, Inc. (DDOG) | $81.03B | 3.38 | 3.01 | 3.07 | 3.60 |
| Synopsys, Inc. (SNPS) | $87.82B | 1.52 | 1.91 | 1.47 | 1.34 |
| Intuit Inc. (INTU) | $77.74B | 1.36 | 1.33 | 1.38 | 1.62 |
| Cloudflare, Inc. (NET) | $77.62B | 1.98 | 2.42 | 3.27 | 4.64 |
| Monolithic Power Systems, Inc. (MPWR) | $72.71B | 4.38 | 4.13 | 4.51 | 4.42 |
| NXP Semiconductors N.V. (NXPI) | $72.02B | 1.38 | 1.49 | 1.49 | 1.54 |
| Adobe Inc. (ADBE) | $94.61B | 1.00 | 1.04 | 1.13 | 1.15 |
| Fortinet, Inc. (FTNT) | $101.91B | 1.09 | 1.24 | 1.17 | 1.26 |
| Accenture plc (ACN) | $104.93B | 1.42 | 1.26 | 1.26 | 1.28 |
Liquidity Comparison
Quick Ratio
1.30
Excludes inventory
Current Ratio
1.30
Includes inventory
Snowflake Inc. Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Snowflake Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Snowflake Inc. (SNOW)?
- The quick ratio (acid-test) for SNOW stock is 1.30.
- Is Snowflake Inc.'s quick ratio (acid-test) high or low?
- Snowflake Inc.'s quick ratio (acid-test) of 1.30 is 52% below its 5-year average of 2.69, near the low end of its 5-year range (1.30–5.45).
- What is the TTM average quick ratio (acid-test) for Snowflake Inc. (SNOW)?
- The TTM average quick ratio (acid-test) for SNOW stock is 1.52.
- What is the 3Y average quick ratio (acid-test) for Snowflake Inc. (SNOW)?
- The 3Y average quick ratio (acid-test) for SNOW stock is 1.85.
- What is the 5Y average quick ratio (acid-test) for Snowflake Inc. (SNOW)?
- The 5Y average quick ratio (acid-test) for SNOW stock is 2.69.
- What is the 10Y average quick ratio (acid-test) for Snowflake Inc. (SNOW)?
- The 10Y average quick ratio (acid-test) for SNOW stock is 2.82.
- What is the 15Y average quick ratio (acid-test) for Snowflake Inc. (SNOW)?
- The 15Y average quick ratio (acid-test) for SNOW stock is 2.82.
- What is the 20Y average quick ratio (acid-test) for Snowflake Inc. (SNOW)?
- The 20Y average quick ratio (acid-test) for SNOW stock is 2.82.
Snowflake Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-01-31 | 1.30 |
| 2025-01-31 | 1.75 |
| 2024-01-31 | 1.85 |
| 2023-01-31 | 2.50 |
| 2022-01-31 | 3.29 |
| 2021-01-31 | 5.45 |
| 2020-01-31 | 1.60 |
| 2019-01-31 | 4.82 |
Related Metrics
About Snowflake Inc.
Snowflake Inc. delivers a cloud-centric data platform to customers across both the United States and international markets. The company's core offering, known as the Data Cloud, enables users to unify disparate data sources into a singular, reliable foundation. This unified data then facilitates the extraction of crucial business intelligence, the creation of innovative data-driven applications, and secure data sharing. This adaptable platform serves a wide array of organizations, encompassing various sizes and industries. Originating in 2012, the enterprise was initially recognized as Snowflake Computing, Inc., before officially rebranding to Snowflake Inc. in April 2019. Its principal operations are conducted from Bozeman, Montana.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Sridhar Ramaswamy