Meta Platforms (META) Current Debt (2018 - 2022)
Meta Platforms' Current Debt came in at -$191 million for Q3 2022, compared with $12 million a year earlier.
Meta Platforms (META) Current Debt (2018 - 2022) Analysis & Trends
Over the trailing twelve months to Sep 30, 2022, Meta Platforms reported Current Debt of -$251 million; for FY2021, it came in at $14 million, down 41.7% from FY2020.
- Current Debt carries a three-year compound annual growth rate of -69.6% (FY2018 to FY2021).
- Going back by year, Current Debt was $24 million in FY2020, -$223 million in FY2019 and $500 million in FY2018.
- The Q3 2022 figure represents the lowest quarterly Current Debt in data going back to Q4 2018.
- Business Quant data shows META's Current Debt at -$79 million (Q2 2022), $20 million (Q1 2022) and -$1 million (Q4 2021) in the three quarters before Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | - |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | - |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | - |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | - |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | - |
| 10 | Spotify Technology | 102.35 Bn | 59.59 Bn | 1.86 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | -191.00 Mn |
| Jun 30, 2022 | -79.00 Mn |
| Mar 31, 2022 | 20.00 Mn |
| Dec 31, 2021 | -1.00 Mn |
| Sep 30, 2021 | 12.00 Mn |
| Jun 30, 2021 | 53.00 Mn |
| Mar 31, 2021 | -50.00 Mn |
| Dec 31, 2020 | 48.00 Mn |
| Sep 30, 2020 | -7.00 Mn |
| Jun 30, 2020 | 63.00 Mn |
| Mar 31, 2020 | -80.00 Mn |
| Dec 31, 2019 | 37.00 Mn |
| Sep 30, 2019 | -141.00 Mn |
| Jun 30, 2019 | 58.00 Mn |
| Mar 31, 2019 | -177.00 Mn |
| Dec 31, 2018 | 500.00 Mn |
Meta Platforms Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-debt&ticker=META&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-debt", "ticker": "META", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-debt&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();