Snap Retained Earnings vs Net Debt Analysis

SNAP Stock

USD 10.63 0.04 0.38%

Snap financial indicator trend analysis is much more than just breaking down Snap Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Snap Inc is a good investment. Please check the relationship between Snap Retained Earnings and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snap Inc Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Snap's Retained Earnings and Net Debt is -0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of Snap Inc, assuming nothing else is changed. The correlation between historical values of Snap's Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Snap Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Snap's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Snap's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Snap Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Snap's Tax Provision is relatively stable compared to the past year. As of 11/21/2024, Enterprise Value is likely to grow to about 25.1 B, while Selling General Administrative is likely to drop slightly above 728.2 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	119.1M	202.2M	168.4M	116.9M
Interest Income	5.2M	58.6M	168.4M	176.8M

Depreciation And Amortization Interest Income

Snap fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity
Total Assets		0.89	0.95	0.98	0.85	0.78	0.43	0.87	0.87	-0.93	0.83	0.78	1.0	0.71	0.5	0.89	1.0	0.99	1.0	0.92	0.97	0.86	0.9	0.97	0.94	0.96
Short Long Term Debt Total	0.89		0.89	0.92	0.63	0.57	0.19	0.97	0.97	-0.91	0.95	0.74	0.89	0.47	0.28	0.99	0.87	0.9	0.88	0.76	0.9	1.0	1.0	0.82	0.86	0.83
Other Current Liab	0.95	0.89		0.99	0.73	0.64	0.28	0.83	0.9	-0.89	0.79	0.69	0.95	0.72	0.37	0.89	0.95	0.95	0.95	0.85	0.94	0.86	0.89	0.9	0.97	0.9
Total Current Liabilities	0.98	0.92	0.99		0.73	0.66	0.27	0.87	0.91	-0.91	0.84	0.76	0.97	0.67	0.39	0.91	0.97	0.98	0.97	0.86	0.95	0.89	0.92	0.93	0.96	0.92
Total Stockholder Equity	0.85	0.63	0.73	0.73		0.88	0.84	0.69	0.61	-0.83	0.64	0.51	0.84	0.69	0.6	0.65	0.87	0.79	0.85	0.91	0.84	0.6	0.64	0.87	0.73	0.9
Other Liab	0.78	0.57	0.64	0.66	0.88		0.67	0.59	0.46	-0.68	0.55	0.72	0.78	0.71	0.75	0.6	0.78	0.75	0.8	0.76	0.75	0.54	0.6	0.74	0.71	0.76
Net Tangible Assets	0.43	0.19	0.28	0.27	0.84	0.67		0.33	0.2	-0.49	0.29	0.05	0.42	0.39	0.49	0.21	0.47	0.35	0.43	0.65	0.46	0.17	0.21	0.52	0.27	0.56
Property Plant And Equipment Net	0.87	0.97	0.83	0.87	0.69	0.59	0.33		0.95	-0.96	0.97	0.65	0.88	0.37	0.26	0.96	0.85	0.88	0.87	0.83	0.91	0.97	0.97	0.86	0.77	0.87
Net Debt	0.87	0.97	0.9	0.91	0.61	0.46	0.2	0.95		-0.93	0.92	0.6	0.87	0.45	0.2	0.96	0.86	0.88	0.86	0.79	0.9	0.97	0.97	0.84	0.84	0.85
Retained Earnings	-0.93	-0.91	-0.89	-0.91	-0.83	-0.68	-0.49	-0.96	-0.93		-0.9	-0.6	-0.94	-0.52	-0.35	-0.93	-0.92	-0.93	-0.93	-0.95	-0.98	-0.9	-0.92	-0.95	-0.83	-0.97
Accounts Payable	0.83	0.95	0.79	0.84	0.64	0.55	0.29	0.97	0.92	-0.9		0.67	0.84	0.29	0.17	0.95	0.81	0.83	0.83	0.75	0.83	0.97	0.95	0.8	0.75	0.8
Cash	0.78	0.74	0.69	0.76	0.51	0.72	0.05	0.65	0.6	-0.6	0.67		0.79	0.54	0.48	0.73	0.75	0.79	0.79	0.52	0.67	0.73	0.76	0.65	0.77	0.62
Non Current Assets Total	1.0	0.89	0.95	0.97	0.84	0.78	0.42	0.88	0.87	-0.94	0.84	0.79		0.68	0.49	0.9	0.99	1.0	1.0	0.92	0.97	0.87	0.9	0.97	0.93	0.97
Non Currrent Assets Other	0.71	0.47	0.72	0.67	0.69	0.71	0.39	0.37	0.45	-0.52	0.29	0.54	0.68		0.74	0.48	0.74	0.68	0.7	0.6	0.66	0.41	0.49	0.63	0.82	0.64
Other Assets	0.5	0.28	0.37	0.39	0.6	0.75	0.49	0.26	0.2	-0.35	0.17	0.48	0.49	0.74		0.26	0.52	0.48	0.49	0.46	0.47	0.24	0.3	0.43	0.47	0.45
Long Term Debt	0.89	0.99	0.89	0.91	0.65	0.6	0.21	0.96	0.96	-0.93	0.95	0.73	0.9	0.48	0.26		0.87	0.91	0.89	0.78	0.91	0.99	0.99	0.85	0.87	0.85
Cash And Short Term Investments	1.0	0.87	0.95	0.97	0.87	0.78	0.47	0.85	0.86	-0.92	0.81	0.75	0.99	0.74	0.52	0.87		0.98	0.99	0.91	0.96	0.84	0.88	0.96	0.94	0.96
Net Receivables	0.99	0.9	0.95	0.98	0.79	0.75	0.35	0.88	0.88	-0.93	0.83	0.79	1.0	0.68	0.48	0.91	0.98		0.99	0.9	0.97	0.88	0.91	0.96	0.94	0.95
Good Will	1.0	0.88	0.95	0.97	0.85	0.8	0.43	0.87	0.86	-0.93	0.83	0.79	1.0	0.7	0.49	0.89	0.99	0.99		0.92	0.97	0.86	0.89	0.97	0.94	0.97
Common Stock Total Equity	0.92	0.76	0.85	0.86	0.91	0.76	0.65	0.83	0.79	-0.95	0.75	0.52	0.92	0.6	0.46	0.78	0.91	0.9	0.92		0.95	0.73	0.77	0.97	0.78	0.99
Common Stock Shares Outstanding	0.97	0.9	0.94	0.95	0.84	0.75	0.46	0.91	0.9	-0.98	0.83	0.67	0.97	0.66	0.47	0.91	0.96	0.97	0.97	0.95		0.87	0.9	0.97	0.89	0.98
Long Term Debt Total	0.86	1.0	0.86	0.89	0.6	0.54	0.17	0.97	0.97	-0.9	0.97	0.73	0.87	0.41	0.24	0.99	0.84	0.88	0.86	0.73	0.87		1.0	0.8	0.83	0.8
Non Current Liabilities Total	0.9	1.0	0.89	0.92	0.64	0.6	0.21	0.97	0.97	-0.92	0.95	0.76	0.9	0.49	0.3	0.99	0.88	0.91	0.89	0.77	0.9	1.0		0.83	0.87	0.84
Capital Surpluse	0.97	0.82	0.9	0.93	0.87	0.74	0.52	0.86	0.84	-0.95	0.8	0.65	0.97	0.63	0.43	0.85	0.96	0.96	0.97	0.97	0.97	0.8	0.83		0.86	0.99
Other Current Assets	0.94	0.86	0.97	0.96	0.73	0.71	0.27	0.77	0.84	-0.83	0.75	0.77	0.93	0.82	0.47	0.87	0.94	0.94	0.94	0.78	0.89	0.83	0.87	0.86		0.86
Other Stockholder Equity	0.96	0.83	0.9	0.92	0.9	0.76	0.56	0.87	0.85	-0.97	0.8	0.62	0.97	0.64	0.45	0.85	0.96	0.95	0.97	0.99	0.98	0.8	0.84	0.99	0.86

Click cells to compare fundamentals

Snap Account Relationship Matchups

Snap fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	5.0B	7.5B	8.0B	8.0B	5.1B
Short Long Term Debt Total	1.2B	2.0B	2.6B	4.2B	4.3B	4.6B
Other Current Liab	390.5M	475.1M	577.2M	890.1M	662.8M	492.8M
Total Current Liabilities	499.7M	667.3M	851.8M	1.2B	1.1B	674.1M
Total Stockholder Equity	2.3B	2.3B	3.8B	2.6B	2.4B	2.5B
Other Liab	57.4M	64.5M	315.8M	104.5M	120.1M	106.2M
Net Tangible Assets	1.4B	1.3B	1.9B	730.1M	839.6M	1.5B
Property Plant And Equipment Net	449.1M	448.4M	524.9M	642.7M	927.2M	973.5M
Net Debt	716.8M	1.5B	637.2M	2.8B	2.6B	2.7B
Retained Earnings	(6.9B)	(7.9B)	(8.3B)	(10.2B)	(11.7B)	(11.1B)
Accounts Payable	46.9M	71.9M	125.3M	181.8M	279.0M	292.9M
Cash	520.3M	545.6M	2.0B	1.4B	1.8B	950.3M
Non Current Assets Total	1.4B	1.7B	2.7B	2.8B	3.0B	1.8B
Non Currrent Assets Other	65.6M	192.6M	291.3M	279.6M	31.3M	29.7M
Other Assets	10.6M	192.6M	291.3M	27.3M	31.4M	29.8M
Cash And Short Term Investments	2.1B	2.5B	3.7B	3.9B	3.5B	2.5B
Net Receivables	492.2M	744.3M	1.1B	1.2B	1.3B	685.4M
Good Will	761.2M	939.3M	1.6B	1.6B	1.7B	1.0B
Common Stock Shares Outstanding	1.4B	1.5B	1.6B	1.6B	1.6B	1.5B
Long Term Debt Total	891.8M	1.7B	2.3B	3.7B	4.3B	4.5B
Liabilities And Stockholders Equity	4.0B	5.0B	7.5B	8.0B	8.0B	5.1B
Non Current Liabilities Total	1.3B	2.0B	2.9B	4.2B	4.4B	4.6B
Capital Surpluse	9.2B	10.2B	12.1B	13.3B	15.3B	8.9B
Other Current Assets	39.0M	112.3M	184.5M	268.9M	153.6M	107.8M
Other Stockholder Equity	9.2B	10.2B	12.1B	12.8B	14.1B	9.8B
Total Liab	1.8B	2.7B	3.7B	5.4B	5.6B	5.8B
Property Plant And Equipment Gross	449.1M	448.4M	524.9M	642.7M	1.2B	1.3B
Total Current Assets	2.6B	3.3B	4.9B	5.3B	5.0B	3.3B
Accumulated Other Comprehensive Income	573K	21.4M	5.5M	(14.0M)	7.1M	7.5M
Intangible Assets	92.1M	105.9M	277.7M	204.5M	146.3M	151.3M
Common Stock	12K	13K	14K	16K	15K	14.1K
Property Plant Equipment	449.1M	178.7M	524.9M	271.8M	312.5M	267.9M
Short Term Investments	1.6B	2.0B	1.7B	2.5B	1.8B	1.8B
Non Current Liabilities Other	57.4M	351.8M	315.8M	490.7M	123.8M	208.0M
Retained Earnings Total Equity	(6.9B)	(7.9B)	(8.3B)	(10.2B)	(9.2B)	(9.7B)

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

0.68	EVER	EverQuote Class A	Pair Corr
0.65	TC	TuanChe ADR	Pair Corr
0.32	OB	Outbrain	Pair Corr
0.31	MAX	MediaAlpha	Pair Corr

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 Correlation Correlation 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.

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