SNAP's Debt-to-Equity Ratio
1/30/2024 04:46am
Snap's latest debt-to-equity ratio as of September 30, 2023 is 150.33%. This means the company has more debt than equity, which may indicate a higher risk for investors. However, it's worth noting that this is only one factor and should be considered alongside other financial metrics when evaluating a potential investment opportunity. It's important to keep an eye on this ratio in future years to see if it changes and if the company takes any steps to address