Meta Platforms Inc.

NASDAQ META

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Meta Platforms Inc. Cash to Debt Ratio for the quarter ending March 31, 2024: 1.61

Meta Platforms Inc. Cash to Debt Ratio is 1.61 for the quarter ending March 31, 2024, a 59.39% change year over year. The cash to debt ratio assesses a company's ability to cover its total debt obligations with its available cash. It is calculated by dividing cash by total debt. This ratio indicates the company's liquidity and its capacity to meet its debt obligations using its cash reserves. A higher cash to debt ratio suggests a stronger ability to cover debts with cash resources.
  • Meta Platforms Inc. Cash to Debt Ratio for the quarter ending March 31, 2023 was 1.01.
NASDAQ: META

Meta Platforms Inc.

CEO Mr. Mark Elliot Zuckerberg
IPO Date May 18, 2012
Location United States
Headquarters 1601 Willow Road, Menlo Park, CA, United States, 94025
Employees 69,329
Sector Communication Services
Industry Internet content & information
Description

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California

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StockViz Staff

September 20, 2024

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