Reddit
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Reddit's balance sheet done over the years? Its assets were worth $1,596,467,000 last year, which is less than in the previous period. 10% of Reddit’s total assets is currently financed by debt. Its liabilities reached the amount of $155,897,000, which means an increase by 24% compared compared to last year.
Debt to Assets
| 2020 | 524139000 | 65.00M | 12.4% |
|---|---|---|---|
| 2021 | 1645109000 | 77.63M | 4.72% |
| 2022 | 1599711000 | 125.28M | 7.83% |
| 2023 | 1596467000 | 155.89M | 9.77% |
RDDT Balance Sheet (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 401.17M | 435.81M | 1.33B | 111.94M |
Short term investments | 811.94M | 830.73M | 75.33M | 250.69M |
Net receivables | 253.04M | 191.98M | 161.67M | 86.51M |
Inventory | 0 | 1 | 0 | 1 |
Other current assets | 13.52M | 25.39M | 26.06M | 24.55M |
Total current assets | 1.47B | 1.48B | 1.60B | 473.70M |
Non-current assets: | ||||
Property, Plant and Equipment | 38.95M | 30.54M | 22.83M | 29.37M |
Goodwill | 26.29M | 26.29M | 6.47M | 6.47M |
Intangible assets | 30.32M | 39.35M | 456K | 760K |
Long term investments | 0 | 50K | 50K | 4.60M |
Other non-current assets | 21.20M | -96.19M | -29.75M | -41.20M |
Total non-current assets | 116.78M | 96.19M | 29.75M | 41.20M |
Total assets | 1.59B | 1.59B | 1.64B | 524.13M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 7.25M | 8.02M | 7.53M | 2.25M |
Short term debt | 3.70M | 7.80M | 6.85M | 6.46M |
Total current liabilities | 133.57M | 106.45M | 70.45M | 49.74M |
| Non-current liabilities: | ||||
Long term debt | 22.04M | 11.69M | 6.60M | 13.46M |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 287K | 1.86B | 1.85B | 612.54M |
Total non-current liabilities | 22.32M | 1.87B | 1.86B | 626.00M |
Total liabilities | 155.89M | 125.28M | 77.63M | 65.00M |