Snap Inc Springate Score (TTM)
Snap Inc Springate Score (TTM) Chart
Snap Inc Historical Springate Score (TTM) Data
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About Springate Score
Developed by Gordon Springate in 1978, this model selected four out of nineteen common financial ratios to determine the likelihood of firms failing. This model also uses stepwise discriminant analysis to result in scores for each specific company.
Companies with a Springate score lower than .862 are classified as "failed". This model was originally by Springate on 40 companies with an accuracy rating of 92.5%. In later tests done by other academic researchers, a 50 Company test (with average assets of 2.5 million) showed a 88% accuracy and a 24 Company Test (with average assets of 63.4 million) showed a 83% accuracy.
SNAP Springate Score (TTM) Benchmarks
SNAP Springate Score (TTM) Excel Add-In Codes
- Metric Code: springate_score
- Latest data point: =YCP("SNAP", "springate_score")
- Last 5 data points: =YCS("SNAP", "springate_score", -4)
To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.
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