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Spotify Technology (Spotify Technology) Debt-to-Revenue : 0.12 (As of Mar. 2024)


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What is Spotify Technology Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Spotify Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Spotify Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,916 Mil. Spotify Technology's annualized Revenue for the quarter that ended in Mar. 2024 was $15,809 Mil. Spotify Technology's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.


Spotify Technology Debt-to-Revenue Historical Data

The historical data trend for Spotify Technology's Debt-to-Revenue 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-Revenue Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.09 0.07 0.18 0.14 0.13

Spotify Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.14 0.13 0.13 0.12 0.12

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

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

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

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



Spotify Technology Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Spotify Technology's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1849.509) / 14446.02
=0.13

Spotify Technology's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1916.304) / 15808.696
=0.12

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Spotify Technology Debt-to-Revenue Related Terms

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Spotify Technology (Spotify Technology) Business Description

Address
5, Place de la Gare, Luxembourg, LUX, L-1616
Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with 489 million total listeners. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 87% and 13% of Spotify's 2022 total revenue, respectively.

Spotify Technology (Spotify Technology) Headlines