Snap Inc

NYSE SNAP

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Snap Inc Debt to Equity Ratio 2 year CAGR for the year ending December 31, 2023: 60.84%

Snap Inc Debt to Equity Ratio 2 year CAGR is 60.84% for the year ending December 31, 2023, a 47.73% change year over year. The debt to equity ratio measures the proportion of a company's financing that comes from debt relative to shareholders' equity. It is calculated by dividing total debt by shareholders' equity. This ratio provides insights into the company's capital structure and the degree of financial leverage. A higher ratio suggests a higher level of debt financing in relation to equity. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Snap Inc Debt to Equity Ratio for the year ending December 31, 2022 was 1.47, a 141.37% change year over year.
  • Snap Inc Debt to Equity Ratio for the year ending December 31, 2021 was 0.61, a -17.42% change year over year.
  • Snap Inc Debt to Equity Ratio for the year ending December 31, 2020 was 0.74, a 78.24% change year over year.
  • Snap Inc Debt to Equity Ratio for the year ending December 31, 2019 was 0.41.
NYSE: SNAP

Snap Inc

CEO Mr. Evan T. Spiegel
IPO Date March 2, 2017
Location United States
Headquarters 3000 31st Street, Santa Monica, CA, United States, 90405
Employees 4,835
Sector Communication Services
Industry Internet content & information
Description

Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ads, dynamic ads, story ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

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StockViz Staff

September 20, 2024

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