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 ration/a
CashUS$3.08b
EquityUS$2.07b
Total liabilitiesUS$5.35b
Total assetsUS$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.


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