David Ometer - Snap Head Relations

SNAP Stock  USD 10.63  0.04  0.38%   

Insider

David Ometer is Head Relations of Snap Inc
Address 3000 31st Street, Santa Monica, CA, United States, 90405
Phone310 399 3339
Webhttps://www.snap.com

Snap Management Efficiency

The company has return on total asset (ROA) of (0.0766) % which means that it has lost $0.0766 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4062) %, meaning that it created substantial loss on money invested by shareholders. Snap's management efficiency ratios could be used to measure how well Snap manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/21/2024, Return On Tangible Assets is likely to drop to -0.23. In addition to that, Return On Capital Employed is likely to drop to -0.21. At this time, Snap's Non Current Liabilities Total is relatively stable compared to the past year. As of 11/21/2024, Non Current Liabilities Other is likely to grow to about 208 M, while Total Current Liabilities is likely to drop slightly above 674.1 M.
Snap Inc currently holds 4.34 B in liabilities with Debt to Equity (D/E) ratio of 1.44, which is about average as compared to similar companies. Snap Inc has a current ratio of 4.76, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Snap's use of debt, we should always consider it together with its cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Chenxi YuTuanChe ADR
39
Hao CaoDouYu International Holdings
44
Nicholas GrahamEverQuote Class A
38
Dan SpauldingZillow Group Class
47
Jennifer RockZillow Group Class
42
Wang WeiWeibo Corp
50
Wenkai BradshawOutbrain
56
Chun LiuPhoenix New Media
56
Wei WenTuanChe ADR
48
Yaron GalaiOutbrain
52
Thomas McDermottEverQuote Class A
N/A
Mingming SuDouYu International Holdings
39
Elise MBAOutbrain
50
Qing LiuPhoenix New Media
N/A
Asaf PoratOutbrain
38
Cynthia TanTuanChe ADR
N/A
Juying ZhangPhoenix New Media
59
Sandra ZhangWeibo Corp
N/A
David BrainardEverQuote Class A
51
Ming ZouPhoenix New Media
N/A
Sarah GavinOutbrain
N/A
Snap Inc. operates as a camera company in North America, Europe, and internationally. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California. Snap operates under Internet Content Information classification in the United States and is traded on New York Stock Exchange. It employs 5661 people. Snap Inc (SNAP) is traded on New York Stock Exchange in USA. It is located in 3000 31st Street, Santa Monica, CA, United States, 90405 and employs 4,800 people. Snap is listed under Interactive Media & Services category by Fama And French industry classification.

Management Performance

Snap Inc Leadership Team

Elected by the shareholders, the Snap's board of directors comprises two types of representatives: Snap inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Snap. The board's role is to monitor Snap's management team and ensure that shareholders' interests are well served. Snap's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Snap's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eitan Pilipski, Senior Platform
Joanna Coles, Independent Director
Kenneth Mitchell, Chief Officer
Robert Murphy, Co-Founder, Chief Technology Officer, Director
Alan Lafley, Independent Director
Kimberlee Archer, Head Camera
Elizabeth Jenkins, Independent Director
Derek Andersen, Chief Financial Officer
David Ometer, Head Relations
Rebecca Morrow, Chief Accounting Officer, Controller
Evan Spiegel, Chief Executive Officer, Co-Founder, Director
Michael OSullivan, General Secretary
Jeremi Gorman, Chief Business Officer
Kenny Mitchell, Chief Marketing Officer
Eric Young, Senior Engineering
Derek CFA, Chief Officer
Fidel Vargas, Independent Director
Poppy Thorpe, Independent Director
Julie Henderson, Chief Communications Officer
Scott Withycombe, Chief Officer
Kelly Coffey, Independent Director
Michael JD, General Secretary
Scott Miller, Independent Director
Stanley Meresman, Independent Director
Jerry Hunter, Senior Vice President - Engineering
Michael Lynton, Independent Chairman of the Board
Jared Grusd, Chief Strategy Officer

Snap Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Snap a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Snap

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Snap position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Snap will appreciate offsetting losses from the drop in the long position's value.

Moving against Snap Stock

  0.68EVER EverQuote Class APairCorr
  0.65TC TuanChe ADRPairCorr
  0.32OB OutbrainPairCorr
  0.31MAX MediaAlphaPairCorr
The ability to find closely correlated positions to Snap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Snap when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Snap - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Snap Inc to buy it.
The correlation of Snap is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Snap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Snap Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Snap can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Snap Stock Analysis

When running Snap's price analysis, check to measure Snap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snap is operating at the current time. Most of Snap's value examination focuses on studying past and present price action to predict the probability of Snap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap's price. Additionally, you may evaluate how the addition of Snap to your portfolios can decrease your overall portfolio volatility.