Snap Total Current Assets vs Total Stockholder Equity 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 Total Current Assets and its Total Stockholder Equity 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.

Total Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snap Inc Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Snap's Total Current Assets and Total Stockholder Equity is 0.85. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity 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 Total Current Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Snap Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Snap's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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
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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)

Snap Investors Sentiment

The influence of Snap's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Snap. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Snap's public news can be used to forecast risks associated with an investment in Snap. The trend in average sentiment can be used to explain how an investor holding Snap can time the market purely based on public headlines and social activities around Snap Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Snap's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Snap's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Snap's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Snap.

Snap Implied Volatility

    
  514.01  
Snap's implied volatility exposes the market's sentiment of Snap Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Snap's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Snap stock will not fluctuate a lot when Snap's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Snap in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Snap's short interest history, or implied volatility extrapolated from Snap options trading.

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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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.
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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
(0.82)
Revenue Per Share
2.856
Quarterly Revenue Growth
0.047
Return On Assets
(0.11)
Return On Equity
(0.53)
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.