Snap Balance Sheet Health
Financial Health criteria checks 5/6
Snap has a total shareholder equity of $2.4B and total debt of $3.7B, which brings its debt-to-equity ratio to 155.3%. Its total assets and total liabilities are $8.0B and $5.6B respectively.
Key information
155.3%
Debt to equity ratio
US$3.75b
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.54b |
| Equity | US$2.41b |
| Total liabilities | US$5.55b |
| Total assets | US$7.97b |
Recent financial health updates
Snap (NYSE:SNAP) Is Making Moderate Use Of Debt
Sep 24
Is Snap (NYSE:SNAP) A Risky Investment?
Jun 06Is Snap (NYSE:SNAP) Using Too Much Debt?
Dec 12Recent updates
Snap: User Growth Is Slowing While Costs Are Skyrocketing
Mar 26Snap: Massive Discount To Peers In Social Media Oligopoly And Strategic Value Brings Stock Price Catalysts
Mar 01Snap's Uphill Battle Against Overambitious Growth Expectations
Feb 23Snap: Buy The Drop (Market Overreaction)
Feb 14Is Now The Time To Look At Buying Snap Inc. (NYSE:SNAP)?
Jan 28Snap: It's A Strong Sell In 2024
Jan 24Is Snap Inc. (NYSE:SNAP) Trading At A 37% Discount?
Jan 10Snap: Giving Up Gains Is Likely In 2024
Dec 29Snapchat Is Rising, But Why? I Urge Caution
Dec 21Investors Appear Satisfied With Snap Inc.'s (NYSE:SNAP) Prospects As Shares Rocket 43%
Dec 19Why I'm A Snap Fan Here
Nov 15Snap: Users Will Grow, Profits Will Too
Nov 02Snap Q3 Review: Revenue Beats But The Stock Is Still A Hold
Oct 26Snap: Better Engagement, But Still Poor Hard Numbers
Sep 29Snap (NYSE:SNAP) Is Making Moderate Use Of Debt
Sep 24Snap: Infrastructure Costs Are Concerning
Sep 07Snap: Beware Rising Costs
Aug 30Snap: Unmasking The Missteps Behind The Ghost
Aug 02Snap Earnings: AI Costs Soar, Avoid This Stock
Jul 26Snapchat Is Rising: But The Reasons Why Are Worrisome (Rating Downgrade)
Jul 12Snap: Expect Stock To Remain Rangebound Due To The Transition
Jul 03Is Snap (NYSE:SNAP) A Risky Investment?
Jun 06Is Snap Stock Worth Your Attention? A Look At Its Valuation And Challenges
May 31Snap Inc. (NYSE:SNAP) Just Reported Earnings, And Analysts Cut Their Target Price
May 02Snap: The Bull Thesis Is Still There, But The Timeline Has Slipped
Feb 21Snap: Rising Hopes For A TikTok Ban And The Other Side Of ARPUs
Feb 07Snap Q4 2022 Earnings Preview
Jan 30Snap: The Worst May Still Be Yet To Come
Jan 11Snap Inc.: Disappearing Messages, Disappearing Value
Dec 27Is Snap (NYSE:SNAP) Using Too Much Debt?
Dec 12Snap, Alphabet, Pinterest gain following report of Meta layoffs
Nov 07Snap: The Company Remains An Unattractive Investment
Oct 26Snap Earnings: I'd Sit This One Out
Oct 19Financial Position Analysis
Short Term Liabilities: SNAP's short term assets ($5.0B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: SNAP's short term assets ($5.0B) exceed its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: SNAP's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: SNAP's debt to equity ratio has increased from 0% to 155.3% 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 56.4% per year.