Company name:

Servicenow Inc

  • IPO SHARE PRICE:
    $18.00
  • IPO DATE:
    June 29, 2012
  • TICKER:
    NOW
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    2225 Lawson Lane Santa Clara California 95054
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    CA
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Servicenow Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Statement of Cash Flow

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
34.8% - Stock-based compensation
28.4% - Deferred revenue
13.5% - Depreciation and amortization
8.7% - Amortization of deferred commission costs
7.0% - Accrued expenses and other liabilities
4.7% - Net income (loss)
1.9% - Amortization of discount and issuance costs on notes
1.0% - Amortization of debt original issue discount and issuance cost
SOURCEs
13.5% 8.7% 28.4% 7.0% 34.8% 4.7%
100 %
0%
USES
71.5% 6.1% 14.6% 3.3%
14.6% - Deferred commissions
6.1% - Accounts receivable
3.3% - Repayments of convertible senior notes attributable to debt discount
2.2% - Prepaid expenses and other assets
1.3% - Accounts payable
1.0% - Deferred income taxes
0.1% - Other
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($26,704) $626,698 $118,503 $118,503 $66,592
Depreciation and amortization
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 149,604 252,114 336,381 336,381 372,132
Amortization of deferred commission costs
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 143,358 168,014 217,631 217,631 241,760
Amortization of (discount) premium on investments
$45,679
$45,679
$45,679
$45,679
-
-
 - - - - -
Amortization of debt original issue discount and issuance cost Amortization of debt original issue discount and issuance cost
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 52,733 33,283 24,478 24,478 9,968
Amortization of discount and issuance costs on notes
-
-
-
-
-
-
 - - 46,611 46,611 186,444
Stock-based compensation
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 543,953 662,195 870,453 870,453 981,596
Excess tax benefit related to stock-options compensation Excess tax benefit related to stock-options compensation
$45,679
$45,679
-
-
-
-
 - - - - -
Deferred income taxes
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (34,180) (575,765) (24,481) (24,481) (72,164)
(Gains) losses on marketable equity securities
-
-
-
-
$45,679
$45,679
 (19,257) - - - -
Repayments of convertible senior notes attributable to debt discount Repayments of convertible senior notes attributable to debt discount
-
-
-
-
$45,679
$45,679
 (145,349) - (81,958) (81,958) (53,796)
Accounts receivable
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (146,148) (259,835) (151,431) (151,431) (1,446,824)
Prepaid expenses and other assets
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (19,886) (29,907) (54,203) (54,203) (50,028)
Accounts payable
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (4,757) 21,355 (33,583) (33,583) (141,500)
Deferred commissions
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (239,382) (255,605) (365,264) (365,264) (575,452)
Accrued expenses and other liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 82,071 65,097 174,957 174,957 824,724
Deferred revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 468,856 537,249 710,998 710,998 2,577,812
Other
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 6,177 (8,921) (2,493) (2,493) (12,536)
Net cash provided by (used in) operating activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $811,089 $1,235,972 $1,786,599 $1,786,599 $2,742,100
Selected Year:
31-Dec
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
56.6% - Maturities and sales of investment securities
0.0% - (Gain) loss on non-hedging derivative
SOURCEs
43.4% 56.6%
100 %
0%
USES
0.0% 12.1% 84.5% 3.1%
84.5% - Purchases of investment securities
12.1% - (Purchase) sale of property and equipment
3.1% - Business combinations net of cash
0.4% - Purchases of intangible assets
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
(Increase) decrease in restricted cash and deposits
$45,679
$45,679
$45,679
-
-
-
 - - - - -
Sale of investment securities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 39,975 33,503 - - -
Purchases of investment securities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (1,295,782) (1,595,667) (2,933,876) (2,933,876) (2,819,164)
Maturities of investment securities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 1,194,687 1,159,247 - - -
Maturities and sales of investment securities
-
-
-
-
-
-
 1,234,662 1,192,750 1,965,429 1,965,429 2,665,840
Purchases of strategic investments
-
$45,679
$45,679
$45,679
$45,679
-
 - - - - -
(Purchase) sale of property and equipment
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (224,462) (264,892) (419,327) (419,327) (536,000)
Purchases of intangible assets
-
-
-
-
-
-
 (24,400) (72,689) (13,190) (13,190) (26,760)
Purchases of other intangible assets
-
$45,679
$45,679
$45,679
$45,679
$45,679
 (24,400) (72,689) - - -
Acquisitions
$45,679
-
-
-
-
-
 - - - - -
Business combinations net of cash
-
$45,679
$45,679
$45,679
$45,679
$45,679
 (37,440) (7,414) (107,236) (107,236) 1,644
(Gain) loss on non-hedging derivative
-
-
-
-
-
$45,679
 - 23,435 1,328 1,328 8,364
Net cash provided by (used in) investing activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($347,422) ($724,477) ($1,506,872) ($1,506,872) ($706,076)
Selected Year:
31-Dec
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
54.2% - Issuance of 2030 Notes
40.5% - Proceeds from unwind of 2022 Note hedge
5.3% - Proceeds (payments) related to employee stock compensation plans (ESPP)
SOURCEs
54.2% 5.3% 40.5%
100 %
0%
USES
21.8% 18.6% 59.6%
59.6% - Repayment of convertible senior notes principal
18.6% - Employee withholding taxes paid on share-based compensation
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) net
$45,679
-
-
-
-
-
 - - - - -
Secondary (Follow-on) Public Offering net
$45,679
$45,679
-
-
-
-
 - - - - -
Issuance of common stock
$45,679
-
-
-
-
-
 - - - - -
Proceeds from issuance of warrants
-
$45,679
-
$45,679
-
$45,679
 - - - - -
Proceeds (payments) related to employee stock compensation plans (ESPP) Proceeds (payments) related to employee stock compensation plans (ESPP)
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 104,160 107,868 145,766 145,766 13,064
Issuance of 2030 Notes
-
-
-
-
-
-
 - - 1,481,633 1,481,633 -
Issuance of senior convertible notes
-
$45,679
-
$45,679
-
$45,679
 - - - - -
Repayment of convertible senior notes principal
-
-
-
$45,679
$45,679
$45,679
 (429,645) (9) (1,627,690) (1,627,690) (235,296)
Payments on financing obligations
-
$45,679
$45,679
$45,679
$45,679
$45,679
 (933) - - - -
Employee withholding taxes paid on share-based compensation Employee withholding taxes paid on share-based compensation
-
$45,679
$45,679
$45,679
$45,679
$45,679
 (281,010) (409,715) (508,604) (508,604) (591,736)
Excess tax benefit from stock-based compensation
$45,679
$45,679
-
-
-
-
 - - - - -
Repurchases of common stock
$45,679
-
-
$45,679
-
$45,679
 - - - - -
Purchase of convertible note hedges
-
$45,679
-
$45,679
-
$45,679
 - - - - -
Proceeds from unwind of 2022 Note hedge
-
-
-
-
-
-
 - - 1,105,542 1,105,542 -
Net cash provided by (used in) financing activities
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($607,428) ($301,856) $596,647 $596,647 ($813,968)
Selected Year:
31-Dec
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$901,439,000
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $727,829 $568,538 $777,991 - $5,407,240
Effect of changes in foreign exchange rates on cash
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (15,530) (186) 25,065 - 88,424
(Decrease) increase in cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 (159,291) 209,453 901,439 - 1,310,480
Cash and equivalents - End of period
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $568,538 $777,991 $1,679,430 - $6,717,720