Does Meta have a lot of debt? (2024)

Does Meta have a lot of debt?

Long-term debt – Long-term debt was $18.39 billion as of December 31, 2023.

Does Meta have any debt?

What Is Meta Platforms's Net Debt? You can click the graphic below for the historical numbers, but it shows that as of December 2023 Meta Platforms had US$18.4b of debt, an increase on US$9.92b, over one year. But it also has US$65.4b in cash to offset that, meaning it has US$47.0b net cash.

What is the financial health of meta?

Meta Platforms Balance Sheet Health

Its total assets and total liabilities are $229.6B and $76.5B respectively. Meta Platforms's EBIT is $50.2B making its interest coverage ratio -42.1. It has cash and short-term investments of $65.4B.

How much debt is Facebook in?

Total debt on the balance sheet as of December 2023 : $37.23 B. According to Meta Platforms (Facebook)'s latest financial reports the company's total debt is $37.23 B. A company's total debt is the sum of all current and non-current debts.

Why does Facebook have no debt?

It has been operating its business with zero debt and utilising only its equity capital. Investors' risk associated with debt is virtually non-existent with FB, and the company has plenty of headroom and ability to raise debt should it need to in the future.

Is Meta doing well financially?

For the full year, analysts project that Meta's revenue will rise 17% to $158 billion in 2024, after climbing 15.7% last year, according to FactSet. Revenue slipped 1.1% in 2022. Despite its push into AI and the metaverse, social media advertising remains the heart of Meta's business.

How much is Apple in debt?

Total debt on the balance sheet as of December 2023 : $108.04 B. According to Apple's latest financial reports the company's total debt is $108.04 B. A company's total debt is the sum of all current and non-current debts.

Why is Meta raising debt?

The Facebook parent tapped the US investment-grade bond market in May, raising $8.5 billion in fresh debt to help fund capital expenditures, repurchase outstanding shares of its common stock, and for acquisitions or investments.

How is Meta losing money?

Quarterly losses for Meta's Reality Labs

Sales of VR and AR headsets and glasses dropped almost 40% in 2023 to $664 million in 2023, as of Nov. 25, according to research firm Circana. An analyst at Circana told CNBC that the steep drop was likely due to a lack of new stand-alone VR headsets.

What are the risks of Meta?

For many years, Meta has been criticized for making its apps too addictive using its algorithms, so that the company can show more ads to them. Whistleblowers like Frances Haugen have alleged that the company has turned a blind eye to the alleged negative impacts its app can have on the mental health of teenagers.

Is Facebook doing well financially?

Meta, the parent company of social media giant Facebook, is thriving financially, according to its 2023 fourth quarter earning results. The company will pay shareholders dividends of $0.50 per share, and announced a $50 billion share buyback program that is also expected to benefit investors.

Does Amazon have debt?

Total debt on the balance sheet as of December 2023 : $135.61 B. According to Amazon's latest financial reports the company's total debt is $135.61 B. A company's total debt is the sum of all current and non-current debts.

How much is Microsoft in debt?

Total debt on the balance sheet as of December 2023 : $88.37 B. According to Microsoft's latest financial reports the company's total debt is $88.37 B. A company's total debt is the sum of all current and non-current debts.

Why is Facebook losing so much money?

Users are jumping ship and advertisers are reducing their spending, leaving Meta poised to report its second straight drop in quarterly revenue. Businesses are removing Facebook's once-ubiquitous social login button from their websites.

Is Tesla in debt?

Total debt on the balance sheet as of December 2023 : $9.57 B. According to Tesla's latest financial reports the company's total debt is $9.57 B. A company's total debt is the sum of all current and non-current debts.

Is Facebook declining?

Demographic Decline (2021): According to eMarketer, US Facebook users aged 12 to 17 and 18 to 24 could decline by 5.6% and 5.8% in 2021, respectively, indicating a continuing downward trend.

Has Meta ever made a profit?

Meta on Thursday reported a 25 percent increase in quarterly revenue while profit more than tripled, a rise fueled by its ads business after a shaky 18 months of layoffs and a rocky digital advertising market.

Does Meta have no debt?

How Much Debt Does Meta Platforms Carry? You can click the graphic below for the historical numbers, but it shows that as of September 2023 Meta Platforms had US$18.4b of debt, an increase on US$9.92b, over one year. However, its balance sheet shows it holds US$61.1b in cash, so it actually has US$42.7b net cash.

What will Meta be worth in 5 years?

Is Netflix in debt?

Total debt on the balance sheet as of December 2023 : $14.54 B. According to Netflix's latest financial reports the company's total debt is $14.54 B. A company's total debt is the sum of all current and non-current debts.

How much is Disney in debt?

Total debt on the balance sheet as of December 2023 : $47.69 B. According to Walt Disney's latest financial reports the company's total debt is $47.69 B. A company's total debt is the sum of all current and non-current debts.

What company has the most debt?

As of February 2023, the Japanese car manufacturer Toyota was the company with the highest debt worldwide, amounting to 217 billion U.S. dollars. The Chinese property developer Evergrande followed in second with a debt of roughly 170 billion U.S. dollars, with Volkswagen following in third.

Is Meta a bad investment?

The tech stock has been an exceptional investment in almost any time frame you choose. Over the past five years, Meta investors have enjoyed a 207% gain, compared to an 87% total return for the S&P 500. Since its initial public offering, Meta has generated a total return of more than 1,200%.

Has Meta lost money?

Meta's Reality Labs division, which houses its efforts to break into the metaverse, has lost around $46.5 billion since 2019, the company revealed in its latest earnings report. The losses over that time are big enough to be a Fortune 100 company.

How will Meta make money?

As noted above, its primary source of revenue is through digital advertising. Due to the enormous number of users and social media reach, advertisers large and small consider Meta a prime opportunity to present ads to viewers. Meta provides various ways for them to advertise, such as self-serve and targeted ads.