Spotify Technology SA (SPOT)
471.78
+1.77
(+0.38%)
USD |
NYSE |
Nov 21, 14:54
Spotify Technology Debt to Equity Ratio: 0.2892 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.2892 |
| June 30, 2024 | 0.3106 |
| March 31, 2024 | 0.3838 |
| December 31, 2023 | 0.4768 |
| September 30, 2023 | 0.5652 |
| June 30, 2023 | 0.5682 |
| March 31, 2023 | 0.4936 |
| December 31, 2022 | 0.4698 |
| September 30, 2022 | 0.5361 |
| June 30, 2022 | 0.4898 |
| March 31, 2022 | 0.5338 |
| December 31, 2021 | 0.5672 |
| September 30, 2021 | 0.555 |
| June 30, 2021 | 0.4442 |
| Date | Value |
|---|---|
| March 31, 2021 | 0.3789 |
| December 31, 2020 | 0.00 |
| September 30, 2020 | 0.00 |
| June 30, 2020 | 0.00 |
| March 31, 2020 | 0.00 |
| December 31, 2019 | 0.00 |
| September 30, 2019 | 0.00 |
| June 30, 2019 | 0.00 |
| March 31, 2019 | 0.00 |
| December 31, 2018 | 0.00 |
| September 30, 2018 | 0.00 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | 6.348 |
| December 31, 2017 | 3.966 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Dec 2019
0.5682
Maximum
Jun 2023
0.3531
Average
0.457
Median
Debt to Equity Ratio Benchmarks
| Alphabet Inc | 0.0346 |
| Meta Platforms Inc | 0.1752 |
| Snap Inc | 1.648 |
| Pinterest Inc | 0.00 |
| DoorDash Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 11.79B |
| Total Liabilities (Quarterly) | 6.612B |
| Shareholders Equity (Quarterly) | 5.175B |
| Current Ratio | 1.706 |
| Net Debt Paydown Yield | -0.06% |