Spotify Technology (MEX:SPOT N) Total Assets: MXN273,680 Mil (As of Mar. 2026)


MEX:SPOT N Spotify Technology SA MEX:SPOT N
81 GF Score
Price MXN8,041.50
GF Value MXN8,564.70
Valuation Fairly Valued
! 2 Warning Signs
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What is Spotify Technology Total Assets?

Spotify Technology MEX:SPOT N +2.53% 81 Total Assets is MXN273,680 Mil as of Mar. 2026. GuruFocus rates MEX:SPOT N with a GF Score™ of 81/100 and a GF Value™ of MXN8,564.70 (Fairly Valued). The stock has 2 warning signs investors should review.

Spotify Technology's Total Assets for the quarter that ended in Mar. 2026 was MXN273,680 Mil.

During the past 12 months, Spotify Technology's average Total Assets Growth Rate was -1.80% per year. During the past 3 years, the average Total Assets Growth Rate was 12.70% per year. During the past 5 years, the average Total Assets Growth Rate was 3.40% per year. During the past 10 years, the average Total Assets Growth Rate was 25.70% per year.

During the past 11 years, Spotify Technology's highest 3-Year average Total Assets Growth Rate was 90.20%. The lowest was -6.80%. And the median was 12.80%.

Total Assets is connected with ROA %. Spotify Technology's annualized ROA % for the quarter that ended in Mar. 2026 was 20.37%. Total Assets is also linked to Revenue through Asset Turnover. Spotify Technology's Asset Turnover for the quarter that ended in Mar. 2026 was 0.32.


Spotify Technology  (MEX:SPOT N) Total Assets Explanation

Total Assets is connected with ROA %.

Spotify Technology's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=60122.9/( (316575.627+273680.099)/ 2 )
=60122.9/295127.863
=20.37 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Spotify Technology's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=94499.687/( (316575.627+273680.099)/ 2 )
=94499.687/295127.863
=0.32

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Spotify Technology Total Assets Related Terms


Spotify Technology Total Assets Historical Data

* Premium members only.

The historical data trend for Spotify Technology's Total Assets 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 Total Assets Chart

Spotify Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166,198.17 157,702.81 154,489.72 262,170.34 316,575.63

Spotify Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets 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 280,598.04 292,428.12 316,265.20 316,575.63 273,680.10
MEX:SPOT N
81GF Score
Spotify Technology SA MEX:SPOT N
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Spotify Technology Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Spotify Technology's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=175608.285+140967.342
=316,576

Spotify Technology's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=166984.887+106695.212
=273,680

* 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 Total Assets →
What does a Total Assets of MXN273,680 Mil mean?
Spotify Technology (MEX:SPOT N) has a Total Assets of MXN273,680 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Spotify Technology and its competitors.
Is Spotify Technology's Total Assets too high?
Spotify Technology's current Total Assets is MXN273,680 Mil. Overall, Spotify Technology has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spotify Technology's Total Assets compare to NBIS and BIDU?
Spotify Technology's Total Assets of MXN273,680 Mil 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 Total Assets for an Interactive Media company?
A good Total Assets depends on the Interactive Media industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Spotify Technology and its competitors. Spotify Technology's current Total Assets is MXN273,680 Mil. 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?
Based on GuruFocus' analysis, Spotify Technology (MEX:SPOT N) is currently considered Fairly Valued. The stock's GF Value™ is MXN8,564.70, compared to a current price of MXN8,041.50 — trading 6.1% below its estimated fair value. The current Total Assets is MXN273,680 Mil. Spotify Technology's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Spotify Technology (MEX:SPOT N), the current Total Assets is MXN273,680 Mil 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 (MEX:SPOT N) Overvalued in 2026?

Based on GuruFocus' analysis, Spotify Technology stock appears to be undervalued. The current stock price of MXN8,041.50 is trading 6.1% below its estimated GF Value™ of MXN8,564.70. GuruFocus considers Spotify Technology to be Fairly Valued.

Key valuation signals for MEX:SPOT N:

  • Total Assets: MXN273,680 Mil
  • GF Value™: MXN8,564.70 vs. price of MXN8,041.50 (6.1% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the MEX:SPOT N 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.
81GF Score

Get the complete analysis for MEX:SPOT N

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

MXN8,041.50
Price
MXN8,564.70
GF Value