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Reddit (Reddit) Debt-to-Revenue : 0.03 (As of Mar. 2024)


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What is Reddit Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Reddit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.4 Mil. Reddit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $20.8 Mil. Reddit's annualized Revenue for the quarter that ended in Mar. 2024 was $971.9 Mil. Reddit's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.


Reddit Debt-to-Revenue Historical Data

The historical data trend for Reddit's Debt-to-Revenue 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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Reddit Debt-to-Revenue Chart

Reddit Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
0.09 0.03 0.03 0.03

Reddit Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 - N/A 0.03 0.03

Competitive Comparison of Reddit's Debt-to-Revenue

For the Internet Content & Information subindustry, Reddit's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Reddit's Debt-to-Revenue Distribution in the Interactive Media Industry

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

* The bar in red indicates where Reddit's Debt-to-Revenue falls into.



Reddit Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Reddit's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.707 + 22.04) / 804.029
=0.03

Reddit's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.383 + 20.835) / 971.852
=0.03

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Reddit Debt-to-Revenue Related Terms

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Reddit (Reddit) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
303 2nd Street, South Tower, 5th Floor, South Tower, 5th Floor, CA, USA, 94107
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.

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