GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (MEX:SPOT N) » Definitions » Interest Expense

Spotify Technology (MEX:SPOT N) Interest Expense : MXN-6,144 Mil (TTM As of Mar. 2025)


View and export this data going back to 2019. Start your Free Trial

What is Spotify Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spotify Technology's interest expense for the three months ended in Mar. 2025 was MXN -5,573 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was MXN-6,144 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Spotify Technology's Operating Income for the three months ended in Mar. 2025 was MXN 11,258 Mil. Spotify Technology's Interest Expense for the three months ended in Mar. 2025 was MXN -5,573 Mil. Spotify Technology's Interest Coverage for the quarter that ended in Mar. 2025 was 2.02. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Spotify Technology Interest Expense Historical Data

The historical data trend for Spotify Technology's Interest Expense 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 Interest Expense Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,306.77 -927.19 -846.75 -703.40 -786.18

Spotify Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Expense 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 -956.09 -177.48 -196.68 -196.55 -5,573.48

Spotify Technology Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-6,144 Mil.

* 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  (MEX:SPOT N) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Spotify Technology's Interest Expense for the three months ended in Mar. 2025 was MXN-5,573 Mil. Its Operating Income for the three months ended in Mar. 2025 was MXN11,258 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was MXN9,908 Mil.

Spotify Technology's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*11257.539/-5573.477
=2.02

* 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.

The higher the ratio, the stronger the company's financial strength is.

Spotify Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (MEX:SPOT N) » Definitions » Interest Expense
Comparable Companies
BIDU TME RDDT PINS ZG SNAP NBIS BILI BZ MTCH GOOGL META HKSE:00700 XAMS:PRX TSE:6098 HKSE:01024 XKRX:035420 ASX:REA XKRX:035720 NSE:NAUKRI
Traded in Other Exchanges
SPOT:USA 1SPOT:Italy 0SPT:UK 639:Germany 639:Germany 639:Germany S1PO34:Brazil SPOT:Austria
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 constituting 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 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.

Spotify Technology Headlines

No Headlines