SPOT
Price:
$322.77
Market Cap:
$56.94B
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million mont...[Read more]
Industry
Internet Content & Information
IPO Date
2018-04-03
Stock Exchange
NYSE
Ticker
SPOT
According to Spotify Technology S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 1.56. This represents a change of 12.83% compared to the average of 1.39 of the last 4 quarters.
The mean historical Current Ratio of Spotify Technology S.A. over the last ten years is 1.15. The current 1.56 Current Ratio has changed 13.51% with respect to the historical average. Over the past ten years (40 quarters), SPOT's Current Ratio was at its highest in in the June 2024 quarter at 1.56. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
1.15
Median
1.09
Minimum
0.82
Maximum
1.56
Discovering the peaks and valleys of Spotify Technology S.A. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 66.11%
Maximum Annual Current Ratio = 1.56
Minimum Annual Increase = -34.79%
Minimum Annual Current Ratio = 0.82
Year | Current Ratio | Change |
---|---|---|
2023 | 1.29 | 3.90% |
2022 | 1.24 | -8.67% |
2021 | 1.36 | 66.11% |
2020 | 0.82 | -10.81% |
2019 | 0.91 | -12.56% |
2018 | 1.05 | 2.52% |
2017 | 1.02 | -34.79% |
2016 | 1.56 | 43.36% |
The current Current Ratio of Spotify Technology S.A. (SPOT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.29
5-year avg
1.12
10-year avg
1.15
Spotify Technology S.A.’s Current Ratio is less than Snap Inc. (3.98), less than Twilio Inc. (5.57), less than Fiverr International Ltd. (3.17), less than Baidu, Inc. (2.32), less than Pinterest, Inc. (9.50), less than Alphabet Inc. (2.08), less than Meta Platforms, Inc. (2.83), less than Alphabet Inc. (2.08), less than Zillow Group, Inc. Class C (2.12), greater than Tencent Holdings Limited (1.35),
Company | Current Ratio | Market cap |
---|---|---|
3.98 | $14.15B | |
5.57 | $9.33B | |
3.17 | $851.45M | |
2.32 | $29.36B | |
9.50 | $20.07B | |
2.08 | $1.87T | |
2.83 | $1.27T | |
2.08 | $1.86T | |
2.12 | $12.25B | |
1.35 | $437.06B |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Spotify Technology S.A. (SPOT)?
How does the current Current Ratio for Spotify Technology S.A. (SPOT) compare to its historical average?