Snap Balance Sheet Health
Financial Health criteria checks 5/6
Snap has a total shareholder equity of $2.1B and total debt of $3.6B, which brings its debt-to-equity ratio to 176.1%. Its total assets and total liabilities are $7.4B and $5.4B respectively.
Key information
176.1%
Debt to equity ratio
US$3.64b
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.08b |
| Equity | US$2.07b |
| Total liabilities | US$5.35b |
| Total assets | US$7.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNAP's short term assets ($4.4B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: SNAP's short term assets ($4.4B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: SNAP's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: SNAP's debt to equity ratio has increased from 0% to 176.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SNAP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SNAP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 58.4% per year.