Snap (WBO:SNAP) Debt-to-Equity : 1.73 (As of Dec. 2024)

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What is Snap Debt-to-Equity?

Snap's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €58 Mil. Snap's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €3,995 Mil. Snap's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €2,340 Mil. Snap's debt to equity for the quarter that ended in Dec. 2024 was 1.73.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Snap's Debt-to-Equity or its related term are showing as below:

WBO:SNAP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.78 Max: 1.8
Current: 1.73

During the past 10 years, the highest Debt-to-Equity Ratio of Snap was 1.80. The lowest was 0.01. And the median was 0.78.

WBO:SNAP's Debt-to-Equity is ranked worse than
94.66% of 412 companies
in the Interactive Media industry
Industry Median: 0.13 vs WBO:SNAP: 1.73

Snap Debt-to-Equity Historical Data

The historical data trend for Snap's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Snap Debt-to-Equity Chart

Snap Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.86

0.69

1.62

1.80

1.73

Snap Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															1.80	1.83	2.05	1.92	1.73

Competitive Comparison of Snap's Debt-to-Equity

For the Internet Content & Information subindustry, Snap's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Snap's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Snap's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Snap's Debt-to-Equity falls into.

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Snap Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Snap's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(58.348	+	3994.573)	/	2340.477
	=	1.73

Snap's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(58.348	+	3994.573)	/	2340.477
	=	1.73

Snap (WBO:SNAP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Snap Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Snap's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Snap Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Snap Inc (WBO:SNAP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SNAP:USA SNAP:Mexico 1SNAP:Italy 1SId:UK 0RNH:UK 1SI:Germany SNAP:Argentina

Address

3000 31st Street, Santa Monica, CA, USA, 90405

Website

https://www.snap.com

Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.