Snap Other Liab vs Net Tangible Assets Analysis

SNAP Stock  USD 14.55  3.15  27.63%   
Snap financial indicator trend analysis is much more than just breaking down Snap Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Snap Inc is a good investment. Please check the relationship between Snap Other Liab and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Other Liab vs Net Tangible Assets

Other Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snap Inc Other Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Snap's Other Liab and Net Tangible Assets is 0.67. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Snap Inc, assuming nothing else is changed. The correlation between historical values of Snap's Other Liab and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Snap Inc are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Liab i.e., Snap's Other Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Snap's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Snap Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Snap's Tax Provision is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value is likely to grow to about 25.1 B, while Selling General Administrative is likely to drop slightly above 728.2 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization364.5M218.2M168.4M152.9M
Interest Income5.2M58.6M168.4M176.8M

Snap fundamental ratios Correlations

0.890.920.980.850.780.430.870.87-0.930.830.781.00.970.50.891.00.991.00.920.970.860.90.970.890.96
0.890.850.920.630.570.190.970.97-0.910.950.740.890.860.280.990.870.90.880.760.91.01.00.820.970.83
0.920.850.950.690.660.240.790.83-0.830.780.750.920.870.260.860.910.910.920.790.870.830.860.850.860.85
0.980.920.950.730.660.270.870.91-0.910.840.760.970.940.390.910.970.980.970.860.950.890.920.930.90.92
0.850.630.690.730.880.840.690.61-0.830.640.510.840.810.60.650.870.790.850.910.840.60.640.870.710.9
0.780.570.660.660.880.670.590.46-0.680.550.720.780.810.750.60.780.750.80.760.750.540.60.740.620.76
0.430.190.240.270.840.670.330.2-0.490.290.050.420.380.490.210.470.350.430.650.460.170.210.520.330.56
0.870.970.790.870.690.590.330.95-0.960.970.650.880.80.260.960.850.880.870.830.910.970.970.860.970.87
0.870.970.830.910.610.460.20.95-0.930.920.60.870.820.20.960.860.880.860.790.90.970.970.840.940.85
-0.93-0.91-0.83-0.91-0.83-0.68-0.49-0.96-0.93-0.9-0.6-0.94-0.86-0.35-0.93-0.92-0.93-0.93-0.95-0.98-0.9-0.92-0.95-0.94-0.97
0.830.950.780.840.640.550.290.970.92-0.90.670.840.760.170.950.810.830.830.750.830.970.950.80.980.8
0.780.740.750.760.510.720.050.650.6-0.60.670.790.810.480.730.750.790.790.520.670.730.760.650.690.62
1.00.890.920.970.840.780.420.880.87-0.940.840.790.960.490.90.991.01.00.920.970.870.90.970.890.97
0.970.860.870.940.810.810.380.80.82-0.860.760.810.960.640.860.970.960.960.830.920.830.870.890.830.89
0.50.280.260.390.60.750.490.260.2-0.350.170.480.490.640.260.520.480.490.460.470.240.30.430.230.45
0.890.990.860.910.650.60.210.960.96-0.930.950.730.90.860.260.870.910.890.780.910.990.990.850.980.85
1.00.870.910.970.870.780.470.850.86-0.920.810.750.990.970.520.870.980.990.910.960.840.880.960.870.96
0.990.90.910.980.790.750.350.880.88-0.930.830.791.00.960.480.910.980.990.90.970.880.910.960.890.95
1.00.880.920.970.850.80.430.870.86-0.930.830.791.00.960.490.890.990.990.920.970.860.890.970.890.97
0.920.760.790.860.910.760.650.830.79-0.950.750.520.920.830.460.780.910.90.920.950.730.770.970.810.99
0.970.90.870.950.840.750.460.910.9-0.980.830.670.970.920.470.910.960.970.970.950.870.90.970.90.98
0.861.00.830.890.60.540.170.970.97-0.90.970.730.870.830.240.990.840.880.860.730.871.00.80.970.8
0.91.00.860.920.640.60.210.970.97-0.920.950.760.90.870.30.990.880.910.890.770.91.00.830.970.84
0.970.820.850.930.870.740.520.860.84-0.950.80.650.970.890.430.850.960.960.970.970.970.80.830.850.99
0.890.970.860.90.710.620.330.970.94-0.940.980.690.890.830.230.980.870.890.890.810.90.970.970.850.86
0.960.830.850.920.90.760.560.870.85-0.970.80.620.970.890.450.850.960.950.970.990.980.80.840.990.86
Click cells to compare fundamentals

Snap Account Relationship Matchups

Snap fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B5.0B7.5B8.0B8.0B5.1B
Short Long Term Debt Total1.2B2.0B2.6B4.2B4.3B4.6B
Other Current Liab390.5M237.1M629.6M936.6M712.1M481.8M
Total Current Liabilities499.7M667.3M851.8M1.2B1.1B674.1M
Total Stockholder Equity2.3B2.3B3.8B2.6B2.4B2.5B
Other Liab57.4M64.5M315.8M104.5M120.1M106.2M
Net Tangible Assets1.4B1.3B1.9B730.1M839.6M1.5B
Property Plant And Equipment Net449.1M448.4M524.9M642.7M927.2M973.5M
Net Debt716.8M1.5B637.2M2.8B2.6B2.7B
Retained Earnings(6.9B)(7.9B)(8.3B)(10.2B)(11.7B)(11.1B)
Accounts Payable46.9M71.9M125.3M181.8M279.0M292.9M
Cash520.3M545.6M2.0B1.4B1.8B950.3M
Non Current Assets Total1.4B1.7B2.7B2.8B3.0B1.8B
Non Currrent Assets Other65.6M192.6M291.3M279.6M226.6M156.0M
Other Assets10.6M192.6M291.3M27.3M31.4M29.8M
Cash And Short Term Investments2.1B2.5B3.7B3.9B3.5B2.5B
Net Receivables492.2M744.3M1.1B1.2B1.3B685.4M
Good Will761.2M939.3M1.6B1.6B1.7B1.0B
Common Stock Shares Outstanding1.4B1.5B1.6B1.6B1.6B1.5B
Long Term Debt Total891.8M1.7B2.3B3.7B4.3B4.5B
Liabilities And Stockholders Equity4.0B5.0B7.5B8.0B8.0B5.1B
Non Current Liabilities Total1.3B2.0B2.9B4.2B4.4B4.6B
Capital Surpluse9.2B10.2B12.1B13.3B15.3B8.9B
Other Current Assets39.0M56.1M92.2M134.4M153.6M161.3M
Other Stockholder Equity9.2B10.2B12.1B12.8B14.1B9.8B
Total Liab1.8B2.7B3.7B5.4B5.6B5.8B
Property Plant And Equipment Gross449.1M448.4M524.9M642.7M1.2B1.3B
Total Current Assets2.6B3.3B4.9B5.3B5.0B3.3B
Accumulated Other Comprehensive Income573K21.4M5.5M(14.0M)7.1M7.5M
Intangible Assets92.1M105.9M277.7M204.5M146.3M151.3M
Common Stock12K13K14K16K15K14.1K
Property Plant Equipment449.1M178.7M524.9M271.8M312.5M267.9M
Short Term Investments1.6B2.0B1.7B2.5B1.8B1.8B
Non Current Liabilities Other57.4M351.8M315.8M490.7M123.8M208.0M
Retained Earnings Total Equity(6.9B)(7.9B)(8.3B)(10.2B)(9.2B)(9.7B)

Currently Active Assets on Macroaxis

When determining whether Snap Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Snap Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Snap Inc Stock. Highlighted below are key reports to facilitate an investment decision about Snap Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Snap Inc information on this page should be used as a complementary analysis to other Snap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Snap Stock analysis

When running Snap's price analysis, check to measure Snap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snap is operating at the current time. Most of Snap's value examination focuses on studying past and present price action to predict the probability of Snap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap's price. Additionally, you may evaluate how the addition of Snap to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Is Snap's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snap. If investors know Snap will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snap listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
2.954
Quarterly Revenue Growth
0.209
Return On Assets
(0.11)
Return On Equity
(0.55)
The market value of Snap Inc is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap's value that differs from its market value or its book value, called intrinsic value, which is Snap's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snap's market value can be influenced by many factors that don't directly affect Snap's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.