Snap Historical Balance Sheet

SNAP Stock  USD 10.63  0.04  0.38%   
Trend analysis of Snap Inc balance sheet accounts such as Total Stockholder Equity of 2.5 B, Other Liab of 106.2 M, Net Tangible Assets of 1.5 B or Property Plant And Equipment Net of 973.5 M provides information on Snap's total assets, liabilities, and equity, which is the actual value of Snap Inc to its prevalent stockholders. By breaking down trends over time using Snap balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Snap Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Snap Inc is a good buy for the upcoming year.

Snap Inventory

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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.

About Snap Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Snap Inc at a specified time, usually calculated after every quarter, six months, or one year. Snap Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Snap and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Snap currently owns. An asset can also be divided into two categories, current and non-current.

Snap Balance Sheet Chart

At this time, Snap's Long Term Debt Total is relatively stable compared to the past year. As of 11/21/2024, Non Current Liabilities Total is likely to grow to about 4.6 B, while Total Current Liabilities is likely to drop slightly above 674.1 M.

Total Assets

Total assets refers to the total amount of Snap assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Snap Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Snap balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Snap Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Snap's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Long Term Debt Total is relatively stable compared to the past year. As of 11/21/2024, Non Current Liabilities Total is likely to grow to about 4.6 B, while Total Current Liabilities is likely to drop slightly above 674.1 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.6B4.2B4.3B4.6B
Total Assets7.5B8.0B8.0B5.1B

Snap balance sheet Correlations

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Snap Account Relationship Matchups

Snap balance sheet Accounts

201920202021202220232024 (projected)
Total Assets4.0B5.0B7.5B8.0B8.0B5.1B
Short Long Term Debt Total1.2B2.0B2.6B4.2B4.3B4.6B
Other Current Liab390.5M475.1M577.2M890.1M662.8M492.8M
Total Current Liabilities499.7M667.3M851.8M1.2B1.1B674.1M
Total Stockholder Equity2.3B2.3B3.8B2.6B2.4B2.5B
Other Liab57.4M64.5M315.8M104.5M120.1M106.2M
Net Tangible Assets1.4B1.3B1.9B730.1M839.6M1.5B
Property Plant And Equipment Net449.1M448.4M524.9M642.7M927.2M973.5M
Net Debt716.8M1.5B637.2M2.8B2.6B2.7B
Retained Earnings(6.9B)(7.9B)(8.3B)(10.2B)(11.7B)(11.1B)
Accounts Payable46.9M71.9M125.3M181.8M279.0M292.9M
Cash520.3M545.6M2.0B1.4B1.8B950.3M
Non Current Assets Total1.4B1.7B2.7B2.8B3.0B1.8B
Non Currrent Assets Other65.6M192.6M291.3M279.6M31.3M29.7M
Other Assets10.6M192.6M291.3M27.3M31.4M29.8M
Cash And Short Term Investments2.1B2.5B3.7B3.9B3.5B2.5B
Net Receivables492.2M744.3M1.1B1.2B1.3B685.4M
Good Will761.2M939.3M1.6B1.6B1.7B1.0B
Common Stock Shares Outstanding1.4B1.5B1.6B1.6B1.6B1.5B
Long Term Debt Total891.8M1.7B2.3B3.7B4.3B4.5B
Liabilities And Stockholders Equity4.0B5.0B7.5B8.0B8.0B5.1B
Non Current Liabilities Total1.3B2.0B2.9B4.2B4.4B4.6B
Capital Surpluse9.2B10.2B12.1B13.3B15.3B8.9B
Other Current Assets39.0M112.3M184.5M268.9M153.6M107.8M
Other Stockholder Equity9.2B10.2B12.1B12.8B14.1B9.8B
Total Liab1.8B2.7B3.7B5.4B5.6B5.8B
Property Plant And Equipment Gross449.1M448.4M524.9M642.7M1.2B1.3B
Total Current Assets2.6B3.3B4.9B5.3B5.0B3.3B
Accumulated Other Comprehensive Income573K21.4M5.5M(14.0M)7.1M7.5M
Intangible Assets92.1M105.9M277.7M204.5M146.3M151.3M
Common Stock12K13K14K16K15K14.1K
Property Plant Equipment449.1M178.7M524.9M271.8M312.5M267.9M
Short Term Investments1.6B2.0B1.7B2.5B1.8B1.8B
Non Current Liabilities Other57.4M351.8M315.8M490.7M123.8M208.0M
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

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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.