Snap Interest Income from 2010 to 2024

SNAP Stock  USD 11.60  0.18  1.58%   
Snap Interest Income yearly trend continues to be relatively stable with very little volatility. Interest Income is likely to grow to about 176.8 M this year. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
36.5 M
Current Value
38.5 M
Quarterly Volatility
16.8 M
 
Covid
Check Snap financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snap's main balance sheet or income statement drivers, such as Tax Provision of 29.5 M, Interest Income of 176.8 M or Depreciation And Amortization of 116.9 M, as well as many indicators such as Price To Sales Ratio of 5.63, Dividend Yield of 0.0 or PTB Ratio of 17.14. Snap financial statements analysis is a perfect complement when working with Snap Valuation or Volatility modules.
  
Check out the analysis of Snap Correlation against competitors.

Latest Snap's Interest Income Growth Pattern

Below is the plot of the Interest Income of Snap Inc over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Snap's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Snap's overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Snap Interest Income Regression Statistics

Arithmetic Mean34,769,647
Geometric Mean7,269,282
Coefficient Of Variation168.03
Mean Deviation40,102,415
Median5,199,000
Standard Deviation58,423,861
Sample Variance3413.3T
Range175.9M
R-Value0.73
Mean Square Error1693T
R-Squared0.54
Significance0
Slope9,595,025
Total Sum of Squares47786.9T

Snap Interest Income History

2024176.8 M
2023168.4 M
202258.6 M
20215.2 M
202018.1 M
201936 M
201827.2 M

Other Fundumenentals of Snap Inc

Snap Interest Income component correlations

0.850.430.87-0.930.830.890.991.00.860.970.910.90.861.00.960.870.910.810.90.910.90.880.39
0.850.840.61-0.830.640.650.790.850.60.870.660.890.820.850.780.940.930.860.780.630.620.70.29
0.430.840.2-0.490.290.210.350.430.170.520.230.610.590.430.340.690.680.630.430.140.140.320.14
0.870.610.2-0.930.920.960.880.860.970.840.970.740.780.870.840.610.780.60.860.840.820.870.48
-0.93-0.83-0.49-0.93-0.9-0.93-0.93-0.93-0.9-0.95-0.92-0.9-0.93-0.93-0.9-0.78-0.95-0.79-0.86-0.79-0.76-0.88-0.44
0.830.640.290.92-0.90.950.830.830.970.80.950.670.80.820.770.660.740.590.740.830.80.920.3
0.890.650.210.96-0.930.950.910.890.990.850.990.720.770.890.880.690.780.640.80.890.860.930.38
0.990.790.350.88-0.930.830.910.990.880.960.920.880.850.990.980.820.890.780.860.920.90.890.43
1.00.850.430.86-0.930.830.890.990.860.970.90.90.860.990.960.880.910.820.870.910.890.880.36
0.860.60.170.97-0.90.970.990.880.860.80.990.670.740.860.840.640.730.60.780.90.880.940.38
0.970.870.520.84-0.950.80.850.960.970.80.840.970.930.960.920.830.960.830.870.790.770.810.42
0.910.660.230.97-0.920.950.990.920.90.990.840.720.760.90.890.70.780.660.830.920.90.950.39
0.90.890.610.74-0.90.670.720.880.90.670.970.720.910.90.850.790.950.850.850.650.630.690.45
0.860.820.590.78-0.930.80.770.850.860.740.930.760.910.850.780.720.940.750.740.640.60.730.38
1.00.850.430.87-0.930.820.890.990.990.860.960.90.90.850.950.870.90.810.910.910.90.880.4
0.960.780.340.84-0.90.770.880.980.960.840.920.890.850.780.950.810.860.780.820.90.880.880.52
0.870.940.690.61-0.780.660.690.820.880.640.830.70.790.720.870.810.840.810.760.760.750.750.16
0.910.930.680.78-0.950.740.780.890.910.730.960.780.950.940.90.860.840.870.820.680.660.760.41
0.810.860.630.6-0.790.590.640.780.820.60.830.660.850.750.810.780.810.870.670.640.640.760.15
0.90.780.430.86-0.860.740.80.860.870.780.870.830.850.740.910.820.760.820.670.780.780.730.5
0.910.630.140.84-0.790.830.890.920.910.90.790.920.650.640.910.90.760.680.640.781.00.910.3
0.90.620.140.82-0.760.80.860.90.890.880.770.90.630.60.90.880.750.660.640.781.00.90.3
0.880.70.320.87-0.880.920.930.890.880.940.810.950.690.730.880.880.750.760.760.730.910.90.31
0.390.290.140.48-0.440.30.380.430.360.380.420.390.450.380.40.520.160.410.150.50.30.30.31
Click cells to compare fundamentals

About Snap Financial Statements

Snap shareholders use historical fundamental indicators, such as Interest Income, to determine how well the company is positioned to perform in the future. Although Snap investors may analyze each financial statement separately, they are all interrelated. The changes in Snap's assets and liabilities, for example, are also reflected in the revenues and expenses on on Snap's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Income168.4 M176.8 M
Net Interest Income146.4 M153.7 M

Pair Trading with Snap

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Snap position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Snap will appreciate offsetting losses from the drop in the long position's value.

Moving against Snap Stock

  0.68EVER EverQuote Class APairCorr
  0.64TC TuanChe ADRPairCorr
  0.34MAX MediaAlphaPairCorr
The ability to find closely correlated positions to Snap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Snap when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Snap - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Snap Inc to buy it.
The correlation of Snap is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Snap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Snap Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Snap can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.