Snap Balance Sheet Health
Financial Health criteria checks 4/6
Snap has a total shareholder equity of $2.1B and total debt of $3.3B, which brings its debt-to-equity ratio to 154.9%. Its total assets and total liabilities are $7.2B and $5.0B respectively.
Key information
154.9%
Debt to equity ratio
US$3.30b
Debt
Interest coverage ratio | n/a |
Cash | US$2.91b |
Equity | US$2.13b |
Total liabilities | US$5.04b |
Total assets | US$7.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNAP *'s short term assets ($4.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: SNAP *'s short term assets ($4.2B) exceed its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: SNAP *'s net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: SNAP *'s debt to equity ratio has increased from 0% to 154.9% 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: SNAP * has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SNAP * has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.