Reddit Balance Sheet Health
Financial Health criteria checks 6/6
Reddit has a total shareholder equity of $1.9B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.1B and $182.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.70b |
| Equity | US$1.89b |
| Total liabilities | US$182.53m |
| Total assets | US$2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDDT *'s short term assets ($2.0B) exceed its short term liabilities ($159.5M).
Long Term Liabilities: RDDT *'s short term assets ($2.0B) exceed its long term liabilities ($23.0M).
Debt to Equity History and Analysis
Debt Level: RDDT * is debt free.
Reducing Debt: RDDT * had no debt 5 years ago.
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 RDDT * has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RDDT * is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16% per year.