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Snap (SNAP) Scaled Net Operating Assets : 0.39 (As of Mar. 2024)


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What is Snap Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Snap's operating assets for the quarter that ended in Mar. 2024 was $4,256 Mil. Snap's operating liabilities for the quarter that ended in Mar. 2024 was $1,144 Mil. Snap's Total Assets for the quarter that ended in Dec. 2023 was $7,968 Mil. Therefore, Snap's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.39.


Snap Scaled Net Operating Assets Historical Data

The historical data trend for Snap's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Snap Scaled Net Operating Assets Chart

Snap Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.51 0.45 0.54 0.37 0.40

Snap Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.38 0.40 0.42 0.39

Competitive Comparison of Snap's Scaled Net Operating Assets

For the Internet Content & Information subindustry, Snap's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Snap's Scaled Net Operating Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Snap's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Snap's Scaled Net Operating Assets falls into.



Snap Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Snap's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(4423.678-1208.646)/8029.538
=0.40

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7967.758 - 3544.08
=4423.678

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5553.646 - 4295.679 - 49.321
=1208.646

Snap's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(4256.386-1144.197)/7967.758
=0.39

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7167.401 - 2911.015
=4256.386

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5036.053 - 3855.207 - 36.649
=1144.197

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Snap Scaled Net Operating Assets Related Terms

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Snap (SNAP) Business Description

Address
3000 31st Street, Santa Monica, CA, USA, 90405
Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe. Snap generates nearly all its revenue from advertising with 70% coming from North America. The firm is headquartered in Venice, California.
Executives
Rebecca Morrow officer: CAO and Controller C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Derek Andersen officer: Chief Financial Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Michael J. O'sullivan officer: General Counsel C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Eric Young officer: SVP of Engineering 3000 31ST STREET, SANTA MONICA CA 90405
Robert C. Murphy director, officer: Chief Technology Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Evan Spiegel director, officer: Chief Executive Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Jerry James Hunter officer: Senior VP, Engineering 3000 31ST STREET, SANTA MONICA CA 90405
Patrick Spence director C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Poppy Thorpe director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Jeremi Gorman officer: Chief Business Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Joanna Coles director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Fidel Vargas director 3000 31ST STREET, C/O SNAP INC, SANTA MONICA CA 90405
Jared Grusd officer: Chief Strategy Officer C/O SNAP INC., 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA 90405
Elizabeth Jenkins director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Michael Lynton director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067