Snap Return On Tangible Equity 2016-2024 | SNAP

Snap return on tangible equity for the quarter ending September 30, 2024 was -243.62.

  • Snap average return on tangible equity for 2023 was -179.95, a 165.22% increase from 2022.
  • Snap average return on tangible equity for 2022 was -67.85, a 12.06% increase from 2021.
  • Snap average return on tangible equity for 2021 was -60.55, a 20.12% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.

Snap Return On Tangible Equity 2016-2024 | SNAP

  • Snap average return on tangible equity for 2023 was -179.95, a 165.22% increase from 2022.
  • Snap average return on tangible equity for 2022 was -67.85, a 12.06% increase from 2021.
  • Snap average return on tangible equity for 2021 was -60.55, a 20.12% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.
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