Snap Other Liab vs Non Current Assets Total Analysis

SNAP Stock  USD 15.19  0.40  2.57%   
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 Non Current Assets Total 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 closely tied with the direction of predictive economic indicators such as signals in nation.

Other Liab vs Non Current Assets Total

Other Liab vs Non Current Assets Total 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 Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Snap's Other Liab and Non Current Assets Total is 0.78. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Assets Total 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 Non Current Assets Total 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 Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Liab i.e., Snap's Other Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 closely tied 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 06/11/2024, 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
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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)

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Additional 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.