Snap (SNAP) Equity-to-Asset: 0.28 (As of Mar. 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SNAP Snap Inc SNAP
64 GF Score
Price $4.68
GF Value $12.34
Valuation Possible Value Trap
! 2 Warning Signs
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What is Snap Equity-to-Asset?

Snap SNAP +3.43% 64 Equity-to-Asset is 0.28 as of Mar. 2026, which is 36% below its 10-year median of 0.44. GuruFocus rates SNAP with a GF Score™ of 64/100 and a GF Value™ of $12.34 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 568 Interactive Media companies, Snap ranks worse than 83.8% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Snap's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,084 Mil. Snap's Total Assets for the quarter that ended in Mar. 2026 was $7,502 Mil. Therefore, Snap's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.28.

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

SNAP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.44   Max: 0.92
Current: 0.28

During the past 11 years, the highest Equity to Asset Ratio of Snap was 0.92. The lowest was 0.28. And the median was 0.44.

SNAP's Equity-to-Asset is ranked worse than
83.8% of 568 companies
in the Interactive Media industry
Industry Median: 0.65 vs SNAP: 0.28

Snap  (NYSE:SNAP) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Snap Equity-to-Asset Related Terms


Snap Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Snap's Equity-to-Asset 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.

Snap Equity-to-Asset Chart

Snap Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.32 0.30 0.31 0.30

Snap Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.28 0.29 0.30 0.28

SNAP vs BILI, ZG, BZ: Equity-to-Asset Comparison

For the Internet Content & Information subindustry, Snap's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Interactive Media Industry

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

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


SNAP
64GF Score
Snap Inc SNAP
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Snap Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Snap's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=2281.495/7677.802
=0.30

Snap's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=2084.273/7501.571
=0.28

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.28 mean?
Snap (SNAP) has a Equity-to-Asset of 0.28 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Snap and its competitors. This is 36% below median its historical median of 0.44. Over the past decade, Snap's Equity-to-Asset has ranged from 0.28 to 0.92. According to the industry distribution chart, Snap ranks #476 out of 568 companies in the Interactive Media industry, placing it in the top 83.8%.
Is Snap's Equity-to-Asset too high?
Snap's current Equity-to-Asset of 0.28 is 36% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.92. The Interactive Media industry median Equity-to-Asset is 0.65. Snap's value of 0.28 is 56.9% below this industry median. Based on the distribution chart, Snap ranks #476 out of 568 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Snap has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Snap's Equity-to-Asset compare to BILI and ZG?
According to the Interactive Media industry distribution chart, Snap ranks #476 out of 568 companies for Equity-to-Asset. This places Snap in the lower half of its industry. The industry median Equity-to-Asset is 0.65. Snap's value of 0.28 is 56.9% below this benchmark. Historically, Snap's own Equity-to-Asset has ranged from 0.28 to 0.92 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.65, Snap has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Interactive Media company?
The median Equity-to-Asset among Interactive Media companies is 0.65, based on 568 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Snap's current Equity-to-Asset of 0.28 is 56.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Snap and its competitors. For the Interactive Media industry, the median Equity-to-Asset is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snap's current Equity-to-Asset is 0.28, which is 36% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snap stock overvalued right now?
Based on GuruFocus' analysis, Snap (SNAP) is currently considered Possible Value Trap. The stock's GF Value™ is $12.34, compared to a current price of $4.68 — trading 62.1% below its estimated fair value. The current Equity-to-Asset is 0.28, which is 36% below median its 10-year median of 0.44 and 56.9% below the Interactive Media industry median of 0.65. Snap's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Snap (SNAP), the current Equity-to-Asset is 0.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Snap (SNAP) Overvalued in 2026?

Based on GuruFocus' analysis, Snap stock appears to be undervalued. The current stock price of $4.68 is trading 62.1% below its estimated GF Value™ of $12.34. GuruFocus considers Snap to be Possible Value Trap.

Key valuation signals for SNAP:

  • Equity-to-Asset: 0.28 (36% below median its 10-year median of 0.44)
  • GF Value™: $12.34 vs. price of $4.68 (62.1% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 56.9% below the Interactive Media median (#476 of 568)

No single metric tells the full story. See the SNAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Snap Business Description

Address 3000 31st Street, Santa Monica, CA, USA, 90405
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.
64GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.68
Price
$12.34
GF Value