Spotify Technology Balance Sheet Health
Financial Health criteria checks 5/6
Spotify Technology has a total shareholder equity of €2.5B and total debt of €1.2B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are €8.3B and €5.8B respectively.
Key information
47.7%
Debt to equity ratio
€1.20b
Debt
| Interest coverage ratio | n/a |
| Cash | €3.97b |
| Equity | €2.52b |
| Total liabilities | €5.82b |
| Total assets | €8.35b |
Recent financial health updates
No updates
Recent updates
Spotify: Firing On All Cylinders, Initiating Stock With 'Strong Buy'
Apr 24Spotify: Expansion Success Is Largely Priced In
Apr 17Spotify Technology: My Top Recommendation For Potentially Explosive Upside
Apr 03Spotify's Faceoff With YouTube Is Intriguing, But A Sanity Check Is Due
Mar 21Wall Street Lunch: Spotify To Introduce Music Videos
Mar 13Spotify's Long-Term Prospects Outweigh Present Stock Valuation Concerns
Feb 28Spotify: Time To Lock In Gains For Now (Rating Downgrade)
Feb 14Spotify Q4 2023 Earnings Update
Feb 07Spotify: Music Streaming Remains A Competitive Nightmare
Jan 08Spotify's Headcount Reduction - A Strategic Reorientation
Dec 11Spotify: Optimism Is Returning
Dec 04Spotify: Adding To The Watchlist, But Not Buying
Nov 20Spotify: Focus On Profitability Makes Me Positive
Oct 31Spotify Q3 Earnings Preview: Fasten The Seat Belt
Oct 23Spotify Technology: Be Careful
Oct 06Ads, AI, And Spotify's Growth Prospects
Sep 29Spotify: Don't Lose Patience
Sep 07Spotify: Focus On User Growth
Aug 26Spotify Q2 2023 Earnings Update
Jul 26Spotify: Quietly Outperforming
Jun 26Spotify: I Will Buy After The Dip
Jun 08Spotify: The Closer I Look, The More Bullish I Become
May 25Spotify: Product Expansion Represents An Opportunity
Feb 21Spotify gains on report activist ValueAct has taken stake
Feb 10Spotify: Earnings Miss But Undervalued Intrinsically
Feb 02Spotify Q4 Preview: A Compelling Contrarian Bet
Jan 26Rowan Street Capital - Spotify: A Favorite Idea That's Extremely Mispriced
Jan 21Spotify's Future Financial Performance Is Too Much Of A Guessing Game
Jan 13Spotify: Making Profits On Thin Profit Margins
Dec 27Spotify: Likely On Track For A Tenfold Revenue Expansion By 2030
Dec 08Time To Take A Closer Look At Spotify
Nov 04Spotify GAAP EPS of -€0.99 misses by v0.15, revenue of €3.04B beats by €20M
Oct 25Spotify: Cathie Wood Almost Done Selling
Oct 13Spotify removes 11 original podcasts, lays off approximately 5% of staff: report
Oct 07Spotify: The Transition Is Slowly Happening
Sep 30Spotify Continues To Evolve
Sep 11The Market Is Not Buying Spotify's Narrative
Aug 29Spotify testing direct concert ticket sales as further step into events
Aug 10Spotify GAAP EPS of -€0.85 misses by €0.31, revenue of $2.86B beats by €40M
Jul 273 Reasons Spotify Can Be A Long-Term Winner
Jul 18Spotify Technology acquires music trivia game Heardle
Jul 12Financial Position Analysis
Short Term Liabilities: SPOT's short term assets (€5.3B) exceed its short term liabilities (€4.1B).
Long Term Liabilities: SPOT's short term assets (€5.3B) exceed its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: SPOT has more cash than its total debt.
Reducing Debt: SPOT's debt to equity ratio has increased from 0% to 47.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SPOT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SPOT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.6% per year.