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Spotify (SPOT)
NYSE:SPOT
US Market

Spotify (SPOT) Ratios

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Spotify Ratios

SPOT's free cash flow for Q4 2024 was €0.32. For the 2024 fiscal year, SPOT's free cash flow was decreased by € and operating cash flow was €0.12. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.88 1.29 1.24 1.36 0.82
Quick Ratio
1.88 1.29 1.20 1.36 0.82
Cash Ratio
1.07 0.76 0.71 0.85 0.40
Solvency Ratio
0.19 -0.06 -0.05 0.02 -0.14
Operating Cash Flow Ratio
0.52 0.17 0.01 0.11 0.09
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 0.00 0.00
Net Current Asset Value
€ 1.90B€ -563.00M€ -883.00M€ -679.00M€ -1.16B
Leverage Ratios
Debt-to-Assets Ratio
0.17 0.20 0.22 0.25 0.09
Debt-to-Equity Ratio
0.36 0.67 0.70 0.84 0.21
Debt-to-Capital Ratio
0.27 0.40 0.41 0.46 0.17
Long-Term Debt-to-Capital Ratio
0.22 0.32 0.32 0.36 0.00
Financial Leverage Ratio
2.17 3.31 3.18 3.38 2.26
Debt Service Coverage Ratio
35.97 -8.55 -5.93 2.02 -0.32
Interest Coverage Ratio
37.92 -11.74 -11.36 3.74 -0.57
Debt to Market Cap
0.02 0.04 0.08 0.03 0.00
Interest Debt Per Share
9.85 8.90 9.02 9.79 5.79
Net Debt to EBITDA
-1.86 4.76 2.82 -2.06 1.96
Profitability Margins
Gross Profit Margin
30.14%25.64%24.95%26.80%25.57%
EBIT Margin
8.79%-3.44%-2.66%3.10%-8.31%
EBITDA Margin
9.56%-2.25%-2.42%4.83%-3.72%
Operating Profit Margin
8.71%-3.37%-5.62%3.52%-3.72%
Pretax Profit Margin
8.56%-3.81%-3.16%2.58%-9.00%
Net Profit Margin
7.26%-4.02%-3.67%-0.35%-7.37%
Continuous Operations Profit Margin
7.26%-4.02%-3.67%-0.35%-7.37%
Net Income Per EBT
84.86%105.35%116.22%-13.65%81.95%
EBT Per EBIT
98.24%113.23%56.15%73.24%241.98%
Return on Assets (ROA)
9.48%-6.37%-5.63%-0.47%-9.18%
Return on Equity (ROE)
20.60%-21.09%-17.91%-1.60%-20.71%
Return on Capital Employed (ROCE)
18.07%-10.48%-16.00%8.62%-8.55%
Return on Invested Capital (ROIC)
15.33%-11.04%-18.59%-1.18%-7.01%
Return on Tangible Assets
10.58%-7.45%-6.78%-0.55%-10.58%
Earnings Yield
1.27%-1.61%-3.02%-0.09%-1.20%
Efficiency Ratios
Receivables Turnover
19.62 22.00 23.36 15.44 24.70
Payables Turnover
11.74 14.88 14.97 13.25 13.51
Inventory Turnover
0.00 0.00 73.34 0.00 0.00
Fixed Asset Turnover
37.86 24.22 15.33 11.95 10.41
Asset Turnover
1.31 1.59 1.54 1.35 1.25
Working Capital Turnover Ratio
6.15 13.21 11.83 31.59 -21.24
Cash Conversion Cycle
-12.50 -7.94 -3.78 -3.91 -12.23
Days of Sales Outstanding
18.61 16.59 15.62 23.63 14.78
Days of Inventory Outstanding
0.00 0.00 4.98 0.00 0.00
Days of Payables Outstanding
31.10 24.53 24.39 27.54 27.01
Operating Cycle
18.61 16.59 20.60 23.63 14.78
Cash Flow Ratios
Operating Cash Flow Per Share
11.12 3.49 0.24 1.89 1.38
Free Cash Flow Per Share
11.04 3.46 0.11 1.44 0.96
CapEx Per Share
0.08 0.03 0.13 0.44 0.42
Free Cash Flow to Operating Cash Flow
0.99 0.99 0.46 0.76 0.70
Dividend Paid and CapEx Coverage Ratio
135.35 113.33 1.84 4.25 3.32
Capital Expenditure Coverage Ratio
135.35 113.33 1.84 4.25 3.32
Operating Cash Flow Coverage Ratio
1.15 0.40 0.03 0.20 0.45
Operating Cash Flow to Sales Ratio
0.15 0.05 <0.01 0.04 0.03
Free Cash Flow Yield
2.56%2.04%0.15%0.70%0.37%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
78.55 -62.23 -33.08 -1.16K -83.12
Price-to-Sales (P/S) Ratio
5.70 2.50 1.21 4.07 6.13
Price-to-Book (P/B) Ratio
16.18 13.12 5.92 18.58 17.22
Price-to-Free Cash Flow (P/FCF) Ratio
39.14 49.12 677.40 142.65 266.82
Price-to-Operating Cash Flow Ratio
38.85 48.68 309.25 109.06 186.46
Price-to-Earnings Growth (PEG) Ratio
-0.26 -2.78 -0.03 12.29 -0.41
Price-to-Fair Value
16.18 13.12 5.92 18.58 17.22
Enterprise Value Multiple
57.81 -106.33 -47.27 82.24 -162.87
EV to EBITDA
57.81 -106.33 -47.27 82.24 -162.87
EV to Sales
5.53 2.39 1.14 3.97 6.06
EV to Free Cash Flow
37.92 47.01 639.30 139.16 263.65
EV to Operating Cash Flow
37.64 46.60 291.86 106.39 184.25
Tangible Book Value Per Share
20.67 6.75 5.73 5.94 10.51
Shareholders’ Equity Per Share
26.70 12.96 12.44 11.08 14.95
Tax and Other Ratios
Effective Tax Rate
0.15 -0.05 -0.16 1.14 0.18
Revenue Per Share
75.75 68.03 60.78 50.54 42.01
Net Income Per Share
5.50 -2.73 -2.23 -0.18 -3.10
Tax Burden
0.85 1.05 1.16 -0.14 0.82
Interest Burden
0.97 1.11 1.19 0.83 1.08
Research & Development to Revenue
0.09 0.13 0.12 0.09 0.11
SG&A to Revenue
0.03 0.04 0.05 0.05 0.06
Stock-Based Compensation to Revenue
0.02 0.02 0.03 0.02 0.02
Income Quality
2.02 -1.28 -0.11 -10.62 -0.45
Currency in EUR
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