ServiceNow Retained Earnings vs Other Liab Analysis

NOW Stock  USD 1,049  8.04  0.77%   
ServiceNow financial indicator trend analysis is much more than just breaking down ServiceNow prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ServiceNow is a good investment. Please check the relationship between ServiceNow Retained Earnings and its Other Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.

Retained Earnings vs Other Liab

Retained Earnings vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ServiceNow Retained Earnings account and Other Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ServiceNow's Retained Earnings and Other Liab is 0.55. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Liab in the same time period over historical financial statements of ServiceNow, assuming nothing else is changed. The correlation between historical values of ServiceNow's Retained Earnings and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of ServiceNow are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Retained Earnings i.e., ServiceNow's Retained Earnings and Other Liab go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Liab

Most indicators from ServiceNow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ServiceNow current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.At this time, ServiceNow's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 100.9 B in 2024, despite the fact that Tax Provision is likely to grow to (704.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.5B5.7B7.1B7.4B
Total Revenue5.9B7.2B9.0B9.4B

ServiceNow fundamental ratios Correlations

0.640.610.670.550.720.650.670.840.140.560.730.610.580.680.690.670.760.640.770.280.590.730.70.520.68
0.640.991.00.990.910.991.00.670.790.780.961.00.990.840.991.00.570.980.96-0.280.970.990.990.981.0
0.610.990.990.980.880.990.980.660.820.740.940.990.990.840.970.980.530.960.94-0.320.950.960.980.980.98
0.671.00.990.980.930.991.00.710.750.80.960.990.980.830.991.00.590.980.96-0.230.970.991.00.961.0
0.550.990.980.980.870.980.980.580.870.760.911.00.990.790.960.980.510.970.91-0.40.970.960.970.990.97
0.720.910.880.930.870.880.930.730.550.740.890.880.860.710.940.920.690.940.89-0.160.870.950.930.850.94
0.650.990.990.990.980.880.990.690.790.80.950.990.990.860.980.990.570.970.96-0.230.980.980.990.960.99
0.671.00.981.00.980.930.990.690.760.790.960.990.980.840.991.00.590.980.96-0.240.970.991.00.961.0
0.840.670.660.710.580.730.690.690.190.750.750.630.640.70.740.70.670.710.790.40.690.730.730.520.73
0.140.790.820.750.870.550.790.760.190.520.650.830.840.560.720.760.140.750.64-0.680.790.70.730.890.74
0.560.780.740.80.760.740.80.790.750.520.690.760.80.570.80.810.480.850.760.10.870.80.790.690.8
0.730.960.940.960.910.890.950.960.750.650.690.940.930.920.970.950.650.920.99-0.120.920.950.970.890.97
0.611.00.990.991.00.880.990.990.630.830.760.940.990.820.980.990.540.970.94-0.330.970.970.980.990.98
0.580.990.990.980.990.860.990.980.640.840.80.930.990.820.970.990.50.970.94-0.290.980.960.980.970.98
0.680.840.840.830.790.710.860.840.70.560.570.920.820.820.860.830.560.790.92-0.010.820.820.860.770.85
0.690.990.970.990.960.940.980.990.740.720.80.970.980.970.860.990.620.990.97-0.20.970.991.00.941.0
0.671.00.981.00.980.920.991.00.70.760.810.950.990.990.830.990.590.980.96-0.220.970.991.00.961.0
0.760.570.530.590.510.690.570.590.670.140.480.650.540.50.560.620.590.590.650.150.510.640.610.470.61
0.640.980.960.980.970.940.970.980.710.750.850.920.970.970.790.990.980.590.93-0.250.980.980.980.950.99
0.770.960.940.960.910.890.960.960.790.640.760.990.940.940.920.970.960.650.93-0.060.940.960.980.890.97
0.28-0.28-0.32-0.23-0.4-0.16-0.23-0.240.4-0.680.1-0.12-0.33-0.29-0.01-0.2-0.220.15-0.25-0.06-0.21-0.2-0.19-0.48-0.21
0.590.970.950.970.970.870.980.970.690.790.870.920.970.980.820.970.970.510.980.94-0.210.950.970.940.97
0.730.990.960.990.960.950.980.990.730.70.80.950.970.960.820.990.990.640.980.96-0.20.950.990.940.99
0.70.990.981.00.970.930.991.00.730.730.790.970.980.980.861.01.00.610.980.98-0.190.970.990.951.0
0.520.980.980.960.990.850.960.960.520.890.690.890.990.970.770.940.960.470.950.89-0.480.940.940.950.95
0.681.00.981.00.970.940.991.00.730.740.80.970.980.980.851.01.00.610.990.97-0.210.970.991.00.95
Click cells to compare fundamentals

ServiceNow Account Relationship Matchups

ServiceNow fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding197.2M202.5M203.2M203.5M205.6M156.9M
Total Assets6.0B8.7B10.8B13.3B17.4B18.3B
Other Current Liab461.4M537.6M667M770M1.2B1.2B
Total Current Liabilities2.8B3.7B4.9B6.0B7.4B7.7B
Total Stockholder Equity2.1B2.8B3.7B5.0B7.6B8.0B
Other Liab63.5M80.5M114M126M144.9M152.1M
Property Plant And Equipment Net870.5M1.1B1.4B1.7B2.1B2.2B
Current Deferred Revenue2.2B3.0B3.8B4.7B5.8B6.1B
Net Debt355.1M458.4M486M762M387M229.0M
Retained Earnings(352.2M)(233.7M)(4M)338M2.1B2.2B
Accounts Payable53.0M34.2M89M274M126M132.3M
Cash775.8M1.7B1.7B1.5B1.9B2.0B
Non Current Assets Total3.2B4.2B5.6B6.6B9.6B10.1B
Non Currrent Assets Other411.4M544.1M835M1.1B1.4B1.4B
Other Assets988.7M3.1B1.5B1.7B2.0B2.1B
Cash And Short Term Investments1.7B3.1B3.3B4.3B4.9B5.1B
Net Receivables835.3M1.0B1.4B1.7B2.0B2.1B
Common Stock Total Equity174K180K189K196K225.4K151.9K
Short Term Investments915.3M1.4B1.6B2.8B3.0B3.1B
Liabilities And Stockholders Equity6.0B8.7B10.8B13.3B17.4B18.3B
Non Current Liabilities Total1.1B2.1B2.2B2.3B2.4B2.5B
Inventory175.0M228.9M303M369M(345M)(327.8M)
Other Current Assets125.5M421M526M896M864M907.2M
Other Stockholder Equity2.5B3.0B3.7B4.8B5.6B5.9B
Total Liab3.9B5.9B7.1B8.3B9.8B10.2B
Property Plant And Equipment Gross870.5M1.1B1.4B1.7B3.4B3.5B
Total Current Assets2.8B4.5B5.2B6.7B7.8B8.2B
Accumulated Other Comprehensive Income25.3M94.2M34M(102M)(37M)(35.2M)
Short Term Debt52.7M144.2M256M192M178M159.6M
Common Stock189K196K3.7B202.8K233.2K221.6K
Property Plant Equipment468.1M659.6M1.4B1.7B2.0B2.1B
Short Long Term Debt Total1.1B2.1B2.2B2.2B2.3B1.3B
Net Tangible Assets1.8B2.4B2.6B4.0B4.6B4.8B
Long Term Debt695.0M1.6B1.5B1.5B1.5B909.9M
Good Will156.8M240.8M777M824M1.2B1.3B
Retained Earnings Total Equity(978.8M)(352.2M)(233.7M)(4M)(3.6M)(3.8M)
Capital Surpluse2.5B3.0B3.7B4.8B5.5B5.8B
Deferred Long Term Liab333.4M444.1M623M742M853.3M896.0M
Non Current Liabilities Other446.7M503.3M670M56M118M187.4M

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When running ServiceNow's price analysis, check to measure ServiceNow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.