Spotify Financial Statements From 2010 to 2024
| SPOT Stock | USD 475.04 4.34 0.92% |
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 | 0.21 |
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 0.207. This is 98.01% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The return on equity for all United States stocks is 166.77% 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 fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Spotify Technology SA is roughly 2.66 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Spotify Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Spotify Technology Financial Statements
Spotify Technology shareholders use historical fundamental indicators, such as 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. The changes in Spotify Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spotify Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg. Spotify Technology is traded on New York Stock Exchange in the United States.
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Additional Tools for Spotify Stock Analysis
When running Spotify Technology's price analysis, check to measure Spotify Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.