Reddit Balance Sheet Health
Financial Health criteria checks 5/6
Reddit has a total shareholder equity of $1.8B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.0B and $177.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.67b |
| Equity | US$1.84b |
| Total liabilities | US$177.60m |
| Total assets | US$2.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RDDT's short term assets ($1.9B) exceed its short term liabilities ($156.5M).
Long Term Liabilities: RDDT's short term assets ($1.9B) exceed its long term liabilities ($21.1M).
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: RDDT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RDDT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.