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Spotify Technology (BSP:S1PO34) Long-Term Capital Lease Obligation : R$2,789 Mil (As of Mar. 2025)


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What is Spotify Technology Long-Term Capital Lease Obligation?

Spotify Technology's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was R$2,789 Mil.

Spotify Technology's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (R$2,741 Mil) to Dec. 2024 (R$2,951 Mil) but then declined from Dec. 2024 (R$2,951 Mil) to Mar. 2025 (R$2,789 Mil).

Spotify Technology's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (R$3,084 Mil) to Dec. 2023 (R$2,634 Mil) but then increased from Dec. 2023 (R$2,634 Mil) to Dec. 2024 (R$2,951 Mil).


Spotify Technology Long-Term Capital Lease Obligation Historical Data

The historical data trend for Spotify Technology's Long-Term Capital Lease Obligation 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 Long-Term Capital Lease Obligation Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,611.30 3,699.65 3,083.90 2,634.24 2,951.48

Spotify Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation 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 2,668.52 2,736.53 2,741.24 2,951.48 2,788.79

Spotify Technology  (BSP:S1PO34) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

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Spotify Technology Business Description

Address
Regeringsgatan 19, Stockholm, SWE, 111 53
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.

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