As of the latest data point in Q1'27, Snowflake (SNOW) reported Cash & Short-term Investments of 2.95B USD and a total Debt of 2.77B USD. This indicates a significant narrowing of the gap between cash reserves and debt obligations compared to previous periods. From Q2'24 to Q1'27, the company's cash position remained relatively volatile, peaking at 4.64B USD in Q4'25 before declining steadily over the last five quarters. A major structural shift occurred in Q3'25, where Debt surged from 312.81M USD to 2.6B USD, remaining elevated at approximately 2.77B USD through Q1'27. Overall, while the company maintained a net cash position throughout the timeframe, the liquidity buffer has tightened considerably as debt levels stabilized at a higher plateau while cash reserves retreated to their lowest level in the series.