Snap Current Ratio 2016-2023 | SNAP

Current and historical current ratio for Snap (SNAP) from 2016 to 2023. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. Snap current ratio for the three months ending March 31, 2023 was 4.71.
Snap Current Ratio Historical Data
Date Current Assets Current Liabilities Current Ratio
2023-03-31 $5.14B $1.09B 4.71
2022-12-31 $5.26B $1.22B 4.32
2022-09-30 $5.54B $1.14B 4.86
2022-06-30 $6.02B $1.06B 5.65
2022-03-31 $6.06B $0.84B 7.19
2021-12-31 $4.85B $0.85B 5.70
2021-09-30 $4.47B $0.81B 5.53
2021-06-30 $4.34B $0.75B 5.80
2021-03-31 $3.24B $0.75B 4.31
2020-12-31 $3.34B $0.67B 5.00
2020-09-30 $3.32B $0.61B 5.44
2020-06-30 $3.26B $0.54B 5.99
2020-03-31 $2.53B $0.52B 4.83
2019-12-31 $2.64B $0.50B 5.29
2019-09-30 $2.68B $0.37B 7.25
2019-06-30 $1.54B $0.34B 4.53
2019-03-31 $1.53B $0.32B 4.75
2018-12-31 $1.68B $0.29B 5.73
2018-09-30 $1.73B $0.29B 6.04
2018-06-30 $1.87B $0.28B 6.69
2018-03-31 $2.11B $0.30B 7.01
2017-12-31 $2.37B $0.35B 6.84
2017-09-30 $2.55B $0.30B 8.60
2017-06-30 $3.05B $0.26B 11.80
2017-03-31 $3.46B $0.24B 14.29
2016-12-31 $1.18B $0.16B 7.53
2016-09-30 $0.00B 0.00
2016-06-30 $0.00B 0.00
2016-03-31 $0.00B 0.00
2015-12-31 $0.69B $0.16B 4.43
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $16.466B $4.602B
Snap's flagship product, Snapchat, is a mobile camera application that helps people to communicate through short videos and images called Snaps. The application is one of the most popular and trendy messaging and social media applications in the United States. It is also growing rapidly in other international markets, such as India.Snapchat's popularity, especially with teens and millennials, can primarily be attributed to its ephemerality i.e. photos/videos and text sent to friends via Snapchat disappear after sometime. Moreover, an interactive style of chat developed by the addition of stickers, doodling etc. has really caught the fancy of teens. Advertising forms the mainstay of Snap's revenues. The company is helping advertisers reach millennials and Gen Z audience, who are more active on immersive mobile platforms like Snapchat.
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