SNAP INC (SNAP) Quick Ratio
- Quick ratio · latest quarter: Value 2.72×; Formula and calculation Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30..
Quick ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Quick ratio · latest quarter | 2.72× | Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30. $3.90B ÷ $1.43B ≈ 2.72× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Cash, securities and trade receivables | 3.90B USD | Cash and Cash Equivalents, at Carrying Value · Marketable Securities, Current · Accounts Receivable, after Allowance for Credit Loss, Current |
| Current obligations | 1.43B USD | Liabilities, Current |
| Cash and equivalents | 958.85M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | 1.70B USD | Marketable Securities, Current |
| Customer receivables | 1.24B USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory · excluded from quick assets | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Cash, securities and trade receivables (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory · excluded from quick assets (USD) | Quick ratio |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | $3.90B | $1.43B | $958.85M | $1.70B | $1.24B | (m) | 2.72× |
| 2026-03-31 | $4.01B | $1.21B | $1.06B | $1.76B | $1.19B | (m) | 3.30× |
| 2025-12-31 | $4.31B | $1.29B | $1.03B | $1.91B | $1.37B | (m) | 3.35× |
| 2025-09-30 | $4.24B | $1.22B | $953.32M | $2.04B | $1.25B | (m) | 3.47× |
| 2025-06-30 | $4.06B | $1.10B | $925.97M | $1.97B | $1.16B | (m) | 3.68× |
| 2025-03-31 | $4.36B | $1.06B | $911.23M | $2.30B | $1.16B | (m) | 4.10× |
| 2024-12-31 | $4.72B | $1.24B | $1.05B | $2.33B | $1.35B | (m) | 3.80× |
| 2024-09-30 | $4.39B | $1.14B | $964.97M | $2.23B | $1.20B | (m) | 3.86× |
| 2024-06-30 | $4.22B | $1.11B | $1.06B | $2.02B | $1.14B | (m) | 3.80× |
| 2024-03-31 | $4.02B | $1.11B | $1.06B | $1.85B | $1.11B | (m) | 3.61× |
| 2023-12-31 | $4.82B | $1.13B | $1.78B | $1.76B | $1.28B | (m) | 4.25× |
| 2023-09-30 | $4.73B | $1.01B | $1.20B | $2.41B | $1.12B | (m) | 4.69× |
| 2023-06-30 | $4.69B | $937.66M | $1.23B | $2.46B | $996.08M | (m) | 5.00× |
| 2023-03-31 | $5.00B | $1.09B | $1.58B | $2.52B | $892.51M | (m) | 4.58× |
| 2022-12-31 | $5.12B | $1.22B | $1.42B | $2.52B | $1.18B | (m) | 4.21× |
| 2022-09-30 | $5.42B | $1.14B | $1.92B | $2.51B | $992.75M | (m) | 4.76× |
| 2022-06-30 | $5.89B | $1.06B | $2.30B | $2.57B | $1.02B | (m) | 5.53× |
| 2022-03-31 | $5.94B | $842.80M | $2.41B | $2.59B | $941.72M | (m) | 7.05× |
| 2021-12-31 | $4.76B | $851.79M | $1.99B | $1.70B | $1.07B | (m) | 5.59× |
| 2021-09-30 | $4.40B | $808.50M | $1.97B | $1.51B | $913.54M | (m) | 5.44× |
| 2021-06-30 | $4.26B | $748.15M | $2.05B | $1.42B | $797.15M | (m) | 5.70× |
| 2021-03-31 | $3.17B | $751.93M | $967.52M | $1.59B | $612.76M | (m) | 4.22× |
| 2020-12-31 | $3.28B | $667.33M | $545.62M | $1.99B | $744.29M | (m) | 4.92× |
| 2020-09-30 | $3.25B | $610.11M | $824.07M | $1.90B | $529.87M | (m) | 5.33× |
| 2020-06-30 | $3.21B | $543.61M | $1.25B | $1.58B | $379.05M | (m) | 5.90× |
| 2020-03-31 | $2.48B | $523.19M | $901.34M | $1.18B | $394.05M | (m) | 4.73× |
| 2019-12-31 | $2.60B | $499.68M | $520.32M | $1.59B | $492.19M | (m) | 5.21× |
| 2019-09-30 | $2.63B | $369.06M | $728.83M | $1.53B | $374.09M | (m) | 7.14× |
| 2019-06-30 | $1.50B | $339.94M | $335.74M | $849.05M | $313.50M | (m) | 4.41× |
| 2019-03-31 | $1.49B | $322.90M | $245.64M | $963.09M | $282.41M | (m) | 4.62× |
| 2018-12-31 | $1.63B | $292.69M | $387.15M | $891.91M | $354.96M | (m) | 5.58× |
| 2018-09-30 | $1.68B | $285.52M | $350.40M | $1.06B | $261.83M | (m) | 5.87× |
| 2018-06-30 | $1.81B | $279.34M | $393.18M | $1.18B | $244.81M | (m) | 6.50× |
| 2018-03-31 | $2.05B | $301.36M | $466.32M | $1.36B | $231.41M | (m) | 6.81× |
| 2017-12-31 | $2.32B | $346.26M | $334.06M | $1.71B | $279.47M | (m) | 6.71× |
| 2017-09-30 | $2.49B | $296.16M | $317.55M | $1.98B | $194.97M | (m) | 8.42× |
| 2017-06-30 | $2.97B | $258.31M | $501.68M | $2.30B | $171.53M | (m) | 11.49× |
| 2017-03-31 | $3.39B | $242.28M | $1.43B | $1.82B | $147.68M | (m) | 13.99× |
| 2016-12-31 | $1.15B | $156.74M | $150.12M | $837.25M | $162.66M | (m) | 7.34× |
| 2016-09-30 | (m) | (m) | $203.45M | (m) | (m) | (m) | (m) |
| 2016-06-30 | (m) | (m) | $587.97M | (m) | (m) | (m) | (m) |
| 2016-03-31 | (m) | (m) | $514.99M | (m) | (m) | (m) | (m) |
| 2015-12-31 | (m) | (m) | $640.81M | (m) | (m) | (m) | (m) |
| 2014-12-31 | (m) | (m) | $398.01M | (m) | (m) | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.