Spotify Fixed Asset Turnover from 2010 to 2024

SPOT Stock  USD 475.04  4.34  0.92%   
Spotify Technology Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Spotify Technology Fixed Asset Turnover quarterly data regression had r-value of (0.22) and coefficient of variation of  47.44. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
24.21755027
Current Value
25.91
Quarterly Volatility
11.3121411
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Tax Provision of 26 M, Interest Income of 74.4 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or PTB Ratio of 11.66. Spotify financial statements analysis is a perfect complement when working with Spotify Technology Valuation or Volatility modules.
  
Check out the analysis of Spotify Technology Correlation against competitors.

Latest Spotify Technology's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Spotify Technology SA over the last few years. It is Spotify Technology's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spotify Technology's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Spotify Fixed Asset Turnover Regression Statistics

Arithmetic Mean23.84
Geometric Mean21.57
Coefficient Of Variation47.44
Mean Deviation6.53
Median23.95
Standard Deviation11.31
Sample Variance127.96
Range47.3556
R-Value(0.22)
Mean Square Error131.21
R-Squared0.05
Significance0.43
Slope(0.55)
Total Sum of Squares1,792

Spotify Fixed Asset Turnover History

2024 25.91
2023 24.22
2022 15.33
2021 11.95
2020 10.41
2019 8.67
2018 26.7

About Spotify Technology Financial Statements

Spotify Technology shareholders use historical fundamental indicators, such as Fixed Asset Turnover, 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.
Last ReportedProjected for Next Year
Fixed Asset Turnover 24.22  25.91 

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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.