Snipp Interactive Stock Current Liabilities

SPN Stock  CAD 0.09  0.01  5.56%   
Snipp Interactive fundamentals help investors to digest information that contributes to Snipp Interactive's financial success or failures. It also enables traders to predict the movement of Snipp Stock. The fundamental analysis module provides a way to measure Snipp Interactive's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Snipp Interactive stock.
Total Current Liabilities is likely to drop to about 4 M in 2025. Non Current Liabilities Total is likely to drop to about 292.8 K in 2025.
  
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Snipp Interactive Company Current Liabilities Analysis

Snipp Interactive's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

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Snipp Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Snipp Interactive is extremely important. It helps to project a fair market value of Snipp Stock properly, considering its historical fundamentals such as Current Liabilities. Since Snipp Interactive's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Snipp Interactive's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Snipp Interactive's interrelated accounts and indicators.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Snipp Total Current Liabilities

Total Current Liabilities

3.96 Million

At this time, Snipp Interactive's Total Current Liabilities is fairly stable compared to the past year.
In accordance with the recently published financial statements, Snipp Interactive has a Current Liabilities of 0.0. This is 100.0% lower than that of the Media sector and 100.0% lower than that of the Communication Services industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.

Snipp Interactive Current Valuation Drivers

We derive many important indicators used in calculating different scores of Snipp Interactive from analyzing Snipp Interactive's financial statements. These drivers represent accounts that assess Snipp Interactive's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Snipp Interactive's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap10.8M57.0M25.1M27.7M24.9M14.5M
Enterprise Value9.2M55.2M19.5M25.3M22.7M13.2M

Snipp Fundamentals

About Snipp Interactive Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Snipp Interactive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Snipp Interactive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Snipp Interactive based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Snipp Stock Analysis

When running Snipp Interactive's price analysis, check to measure Snipp Interactive'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 Snipp Interactive is operating at the current time. Most of Snipp Interactive's value examination focuses on studying past and present price action to predict the probability of Snipp Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snipp Interactive's price. Additionally, you may evaluate how the addition of Snipp Interactive to your portfolios can decrease your overall portfolio volatility.