Snap Balance Sheet Health
Financial Health criteria checks 5/6
Snap has a total shareholder equity of $2.2B and total debt of $3.6B, which brings its debt-to-equity ratio to 164.8%. Its total assets and total liabilities are $7.6B and $5.4B respectively.
Key information
164.8%
Debt to equity ratio
US$3.64b
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.19b |
| Equity | US$2.21b |
| Total liabilities | US$5.38b |
| Total assets | US$7.59b |
Recent financial health updates
Snap (NYSE:SNAP) Is Making Moderate Use Of Debt
Oct 28
Snap (NYSE:SNAP) Is Carrying A Fair Bit Of Debt
Jul 16Snap (NYSE:SNAP) Is Making Moderate Use Of Debt
Sep 24Recent updates
Snap Q3 Earnings Review: My Opportunistic Call Has Finally Run Its Course (Rating Downgrade)
Oct 30Snap (NYSE:SNAP) Is Making Moderate Use Of Debt
Oct 28Snapchat: Social Media 'Evaporation' Risk Growing With Excessive Advertising Efforts
Oct 22Snapchat: Time To Upgrade In Spite Of Stark Underperformance
Oct 10Optimistic Investors Push Snap Inc. (NYSE:SNAP) Shares Up 25% But Growth Is Lacking
Oct 10Snap Out Of It, This Is No Reddit
Sep 19Snap: Time To Add Back To The Watch List (Rating Upgrade)
Sep 06Snap Could 5x If Monetization Trends Continue To Improve
Aug 18US$13.39: That's What Analysts Think Snap Inc. (NYSE:SNAP) Is Worth After Its Latest Results
Aug 06Snap Inc.'s (NYSE:SNAP) Stock Retreats 41% But Revenues Haven't Escaped The Attention Of Investors
Aug 03Why You Should Buy The Dip In Snap
Aug 02Snap (NYSE:SNAP) Is Carrying A Fair Bit Of Debt
Jul 16Snap: This Rally Isn't Sustainable
Jul 03Are Investors Undervaluing Snap Inc. (NYSE:SNAP) By 30%?
Jun 28Snap: Risk-Reward Looks Attractive To Initiate A Position
Jun 20Should You Investigate Snap Inc. (NYSE:SNAP) At US$15.59?
Jun 10Snap: Top Underrated AI Stock To Buy Now
May 31Snap: Recovering From A Temporary Setback, But Worth The Wait
May 21After Leaping 53% Snap Inc. (NYSE:SNAP) Shares Are Not Flying Under The Radar
May 07Snap: Maximum Bullish On All-Round Strong Growth And AI Monetization
May 02Snap Earnings: Snaps Back From The Dead
Apr 26Snap: 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 03Financial Position Analysis
Short Term Liabilities: SNAP's short term assets ($4.6B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: SNAP's short term assets ($4.6B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: SNAP's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: SNAP's debt to equity ratio has increased from 37.9% to 164.8% 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 58.9% per year.