Reddit Balance Sheet Health
Financial Health criteria checks 6/6
Reddit has a total shareholder equity of $2.0B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.2B and $194.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.74b |
| Equity | US$1.98b |
| Total liabilities | US$194.10m |
| Total assets | US$2.17b |
Recent financial health updates
No updates
Recent updates
3 Key Catalysts That Should Drive Reddit's Stock Much, Much Higher
Nov 12Reddit: Buying The Underdog For Its Pace Of Growth
Oct 29Reddit Q3 Preview: Licensing The Next Growth Catalyst After Ads
Oct 20Reddit, Inc.'s (NYSE:RDDT) 27% Jump Shows Its Popularity With Investors
Oct 05
Reddit: Has Upside As It Grows Its Users And Leverages Its Data
Sep 25Reddit: Primed To Move Higher
Sep 19Reddit: Continued Growth Justifies Additional Upside
Aug 30Reddit: Buy The Dip With Confidence (Rating Upgrade)
Aug 19Reddit: Waiting For A Better Price
Jul 24Top Pick: Reddit Is A Conviction Buy
Jul 17Reddit: OpenAI Partnership Will Spearhead Revenue Growth
Jun 16Reddit: OpenAI Deal Is Big
May 22Reddit: Is It A Buy Following Strong Earnings?
May 10Reddit: Too Much Love
Apr 29Buy Reddit As It Retreats From IPO Hype
Apr 23Reddit: A Robust Growth Prospect With Fuel Behind It
Mar 22Financial Position Analysis
Short Term Liabilities: RDDT's short term assets ($2.1B) exceed its short term liabilities ($172.3M).
Long Term Liabilities: RDDT's short term assets ($2.1B) exceed its long term liabilities ($21.8M).
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 34.8% per year.