Spotify Return On Assets from 2010 to 2024

SPOT Stock  USD 475.04  4.34  0.92%   
Spotify Technology Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to -0.07 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Spotify Technology SA earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.06)
Current Value
(0.07)
Quarterly Volatility
0.11301604
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Spotify Technology SA over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Spotify Technology's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Spotify Return On Assets Regression Statistics

Arithmetic Mean(0.15)
Coefficient Of Variation(73.55)
Mean Deviation0.1
Median(0.22)
Standard Deviation0.11
Sample Variance0.01
Range0.3927
R-Value0.66
Mean Square Error0.01
R-Squared0.43
Significance0.01
Slope0.02
Total Sum of Squares0.18

Spotify Return On Assets History

2024 -0.0669
2023 -0.0637
2022 -0.0563
2021 -0.004742
2020 -0.0918
2019 -0.0363
2018 -0.018

About Spotify Technology Financial Statements

Spotify Technology shareholders use historical fundamental indicators, such as Return On Assets, 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
Return On Assets(0.06)(0.07)

Thematic Opportunities

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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.