Spotify Technology (XSWX:SPOT) Debt-to-Asset : 0.04 (As of Mar. 2026)

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XSWX:SPOT Spotify Technology SA XSWX:SPOT
77 GF Score
Price CHF409.50
GF Value CHF417.89
! 2 Warning Signs
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What is Spotify Technology Debt-to-Asset?

Spotify Technology XSWX:SPOT -1.44% 77 Debt-to-Asset is 0.04 as of Mar. 2026. GuruFocus rates XSWX:SPOT with a GF Score™ of 77/100 and a GF Value™ of CHF417.89. The stock has 2 warning signs investors should review.

Spotify Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF56 Mil. Spotify Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF377 Mil. Spotify Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was CHF11,949 Mil. Spotify Technology's debt to asset for the quarter that ended in Mar. 2026 was 0.04.


Spotify Technology  (XSWX:SPOT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Spotify Technology Debt-to-Asset Related Terms


Spotify Technology Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Spotify Technology's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spotify Technology Debt-to-Asset Chart

Spotify Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.22 0.20 0.17 0.13

Spotify Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.18 0.15 0.13 0.04

XSWX:SPOT vs NBIS, BIDU, RDDT: Debt-to-Asset Comparison

For the Internet Content & Information subindustry, Spotify Technology's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spotify Technology Debt-to-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spotify Technology's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Spotify Technology's Debt-to-Asset falls into.


XSWX:SPOT
77GF Score
Spotify Technology SA XSWX:SPOT
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Spotify Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Spotify Technology's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1421.169 + 404.049) / 14011.07
=0.13

Spotify Technology's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(56.431 + 376.812) / 11948.757
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.04 mean?
Spotify Technology (XSWX:SPOT) has a Debt-to-Asset of 0.04 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Spotify Technology and its competitors.
Is Spotify Technology's Debt-to-Asset too high?
Spotify Technology's current Debt-to-Asset is 0.04. Overall, Spotify Technology has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Spotify Technology's Debt-to-Asset compare to NBIS and BIDU?
Spotify Technology's Debt-to-Asset of 0.04 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Interactive Media company?
A good Debt-to-Asset depends on the Interactive Media industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Spotify Technology and its competitors. Spotify Technology's current Debt-to-Asset is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spotify Technology stock overvalued right now?
Spotify Technology (XSWX:SPOT) has a current Debt-to-Asset of 0.04. The stock's GF Value™ is CHF417.89, compared to a current price of CHF409.50 — trading 2% below its estimated fair value. The current Debt-to-Asset is 0.04. Spotify Technology's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Spotify Technology (XSWX:SPOT), the current Debt-to-Asset is 0.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spotify Technology (XSWX:SPOT) Overvalued in 2026?

Based on GuruFocus' analysis, Spotify Technology stock appears to be undervalued. The current stock price of CHF409.50 is trading 2% below its estimated GF Value™ of CHF417.89.

Key valuation signals for XSWX:SPOT:

  • Debt-to-Asset: 0.04
  • GF Value™: CHF417.89 vs. price of CHF409.50 (2% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the XSWX:SPOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spotify Technology Business Description

Address Regeringsgatan 19, Stockholm, SWE, 111 53
Spotify is the leading global music streaming service, with over 750 million monthly active users and nearly 300 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from subscribers, who pay a monthly fee to access a music library that includes most of the most popular songs ever recorded, including all from the major record labels. The firm also offers access to audiobooks and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog, but cannot customize a similar on-demand experience.
77GF Score

Get the complete analysis for XSWX:SPOT

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF409.50
Price
CHF417.89
GF Value