Spotify Other Liab from 2010 to 2024
| SPOT Stock | USD 296.78 7.91 2.60% |
Other Liabilities | First Reported 2016-12-31 | Previous Quarter 36 M | Current Value 23 M | Quarterly Volatility 29.4 M |
Check Spotify Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spotify 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 exotic indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or PTB Ratio of 11.57. Spotify financial statements analysis is a perfect complement when working with Spotify Technology Valuation or Volatility modules.
Spotify | Other Liab |
Latest Spotify Technology's Other Liab Growth Pattern
Below is the plot of the Other Liab of Spotify Technology SA over the last few years. It is Spotify Technology's Other Liabilities 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.
| Other Liab | 10 Years Trend |
|
Other Liab |
| Timeline |
Spotify Other Liab Regression Statistics
| Arithmetic Mean | 37,615,473 | |
| Geometric Mean | 33,667,884 | |
| Coefficient Of Variation | 53.19 | |
| Mean Deviation | 14,553,800 | |
| Median | 26,064,292 | |
| Standard Deviation | 20,007,752 | |
| Sample Variance | 400.3T | |
| Range | 80M | |
| R-Value | 0.39 | |
| Mean Square Error | 364.4T | |
| R-Squared | 0.15 | |
| Significance | 0.15 | |
| Slope | 1,759,959 | |
| Total Sum of Squares | 5604.3T |
Spotify Other Liab History
About Spotify Technology Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Spotify Technology income statement, its balance sheet, and the statement of cash flows. Spotify Technology investors use historical funamental indicators, such as Spotify Technology's Other Liab, to determine how well the company is positioned to perform in the future. Although Spotify Technology investors may use each financial statement separately, they are all related. The changes in Spotify Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Spotify Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Spotify Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Spotify Technology. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Liabilities | 41.4 M | 47.4 M |
Pair Trading with Spotify Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spotify Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spotify Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Spotify Stock
| 0.62 | BZ | Kanzhun Ltd ADR | PairCorr |
| 0.78 | OB | Outbrain | PairCorr |
| 0.71 | TC | TuanChe ADR | PairCorr |
Moving against Spotify Stock
| 0.85 | CCG | Cheche Group Report 25th of September 2024 | PairCorr |
| 0.8 | GETY | Getty Images Holdings | PairCorr |
| 0.76 | Z | Zillow Group Class Buyout Trend | PairCorr |
| 0.69 | SLE | Super League Enterprise Symbol Change | PairCorr |
| 0.67 | ZH | Zhihu Inc ADR | PairCorr |
The ability to find closely correlated positions to Spotify Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spotify Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spotify Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spotify Technology SA to buy it.
The correlation of Spotify Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spotify Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spotify Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Spotify Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Spotify Technology Correlation against competitors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary 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.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Spotify Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spotify Technology. If investors know Spotify will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spotify Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.569 | Earnings Share (0.65) | Revenue Per Share 70.672 | Quarterly Revenue Growth 0.195 | Return On Assets 0.0182 |
The market value of Spotify Technology is measured differently than its book value, which is the value of Spotify that is recorded on the company's balance sheet. Investors also form their own opinion of Spotify Technology's value that differs from its market value or its book value, called intrinsic value, which is Spotify Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spotify Technology's market value can be influenced by many factors that don't directly affect Spotify Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spotify Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spotify Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spotify Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.