Spotify Financial Statements From 2010 to 2024
| S1PO34 Stock | BRL 709.99 20.48 2.97% |
Check Spotify Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spotify Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . Spotify financial statements analysis is a perfect complement when working with Spotify Technology Valuation or Volatility modules.
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Spotify Technology SA Company Return On Equity Analysis
Spotify Technology's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Spotify Technology Return On Equity | -0.19 |
Most of Spotify Technology's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spotify Technology SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Spotify Technology SA has a Return On Equity of -0.1903. This is 101.83% lower than that of the Communication Services sector and significantly lower than that of the Internet Content & Information industry. The return on equity for all Brazil stocks is 38.61% lower than that of the firm.
Spotify Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spotify Technology's current stock value. Our valuation model uses many indicators to compare Spotify Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spotify Technology competition to find correlations between indicators driving Spotify Technology's intrinsic value. More Info.Spotify Technology SA is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Spotify Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Spotify Technology's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Spotify Technology Financial Statements
Spotify Technology stakeholders use historical fundamental indicators, such as Spotify Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Although Spotify Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Spotify Technology's assets and liabilities are reflected in the revenues and expenses on Spotify Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Spotify Technology SA. Please read more on our technical analysis and fundamental analysis pages.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. The company was founded in 2006 and is based in Luxembourg, Luxembourg. SPOTIFY TECHDRN is traded on Sao Paolo Stock Exchange in Brazil.
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When determining whether Spotify Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Spotify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spotify Technology Sa Stock. Highlighted below are key reports to facilitate an investment decision about Spotify Technology Sa Stock:Check out the analysis of Spotify Technology Correlation against competitors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.