Spotify Technology (WBO:SPOT) Debt-to-Equity : 0.36 (As of Dec. 2024)

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What is Spotify Technology Debt-to-Equity?

Spotify Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0 Mil. Spotify Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €2,001 Mil. Spotify Technology's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €5,525 Mil. Spotify Technology's debt to equity for the quarter that ended in Dec. 2024 was 0.36.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Spotify Technology's Debt-to-Equity or its related term are showing as below:

WBO:SPOT' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.63 Med: 0.52 Max: 3.97
Current: 0.36

During the past 10 years, the highest Debt-to-Equity Ratio of Spotify Technology was 3.97. The lowest was -4.63. And the median was 0.52.

WBO:SPOT's Debt-to-Equity is ranked worse than
69.9% of 412 companies
in the Interactive Media industry
Industry Median: 0.13 vs WBO:SPOT: 0.36

Spotify Technology Debt-to-Equity Historical Data

The historical data trend for Spotify Technology's Debt-to-Equity 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.

* Premium members only.

Spotify Technology Debt-to-Equity Chart

Spotify Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.21

0.84

0.70

0.67

0.36

Spotify Technology Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.67	0.53	0.42	0.39	0.36

Competitive Comparison of Spotify Technology's Debt-to-Equity

For the Internet Content & Information subindustry, Spotify Technology's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Interactive Media Industry

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

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

Spotify Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spotify Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	2001)	/	5525
	=	0.36

Spotify Technology's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	2001)	/	5525
	=	0.36

Spotify Technology (WBO:SPOT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Spotify Technology Debt-to-Equity Related Terms

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Spotify Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (WBO:SPOT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SPOT:USA SPOT:Mexico 1SPOT:Italy 0SPT:UK 639:Germany S1PO34:Brazil

Address

Regeringsgatan 19, Stockholm, SWE, 111 53

Website

https://www.spotify.com

Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter comprising the firm's premium segment. most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions 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.