Spotify Short Term Debt vs Net Receivables Analysis

SPOT Stock

USD 302.82 4.70 1.58%

Spotify Technology financial indicator trend analysis is much more than just breaking down Spotify Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spotify Technology is a good investment. Please check the relationship between Spotify Technology Short Term Debt and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spotify Technology SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spotify Technology Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Spotify Technology's Short Term Debt and Net Receivables is 0.62. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Spotify Technology SA, assuming nothing else is changed. The correlation between historical values of Spotify Technology's Short Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Spotify Technology SA are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., Spotify Technology's Short Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Term Debt

Net Receivables

Most indicators from Spotify Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spotify Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spotify Technology SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Sales General And Administrative To Revenue is likely to gain to 0.06 in 2024, whereas Tax Provision is likely to drop slightly above 26 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	91M	58M	49M	46.6M
Depreciation And Amortization	127M	375M	158M	135.2M

Interest Expense Depreciation And Amortization

Spotify Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity
Total Assets		0.83	0.27	1.0	0.94	0.38	0.77	0.89	0.99	-0.56	-0.95	0.97	0.89	0.95	0.96	0.9	0.74	0.94	0.95	0.95	0.94	0.81	0.84	0.98	0.89	0.96
Short Long Term Debt Total	0.83		0.22	0.82	0.58	-0.04	0.37	0.75	0.85	-0.31	-0.72	0.77	0.92	0.66	0.67	0.55	0.8	0.91	0.87	0.87	0.75	0.89	1.0	0.72	0.85	0.66
Other Current Liab	0.27	0.22		0.27	0.24	0.4	0.1	0.09	0.25	0.15	-0.25	0.13	0.14	0.22	0.31	0.21	0.33	0.29	0.24	0.22	0.23	0.23	0.24	0.25	0.11	0.31
Total Current Liabilities	1.0	0.82	0.27		0.93	0.39	0.75	0.86	0.99	-0.58	-0.95	0.95	0.89	0.93	0.95	0.89	0.74	0.95	0.96	0.95	0.94	0.82	0.84	0.98	0.87	0.96
Total Stockholder Equity	0.94	0.58	0.24	0.93		0.55	0.92	0.86	0.9	-0.59	-0.91	0.94	0.71	0.98	0.98	0.97	0.56	0.79	0.82	0.84	0.89	0.6	0.6	0.98	0.78	0.97
Other Liab	0.38	-0.04	0.4	0.39	0.55		0.56	0.12	0.32	-0.45	-0.47	0.38	0.15	0.41	0.54	0.52	0.15	0.31	0.3	0.15	0.43	0.13	-0.01	0.48	0.17	0.56
Net Tangible Assets	0.77	0.37	0.1	0.75	0.92	0.56		0.77	0.71	-0.52	-0.74	0.83	0.51	0.89	0.86	0.89	0.28	0.57	0.61	0.64	0.71	0.31	0.39	0.86	0.61	0.82
Property Plant And Equipment Net	0.89	0.75	0.09	0.86	0.86	0.12	0.77		0.85	-0.4	-0.8	0.94	0.75	0.92	0.88	0.85	0.57	0.76	0.76	0.88	0.82	0.65	0.75	0.88	0.88	0.84
Current Deferred Revenue	0.99	0.85	0.25	0.99	0.9	0.32	0.71	0.85		-0.6	-0.93	0.93	0.93	0.91	0.92	0.84	0.74	0.97	0.98	0.97	0.92	0.84	0.87	0.95	0.88	0.93
Net Debt	-0.56	-0.31	0.15	-0.58	-0.59	-0.45	-0.52	-0.4	-0.6		0.62	-0.55	-0.63	-0.49	-0.53	-0.44	-0.14	-0.56	-0.64	-0.57	-0.69	-0.44	-0.33	-0.58	-0.54	-0.56
Retained Earnings	-0.95	-0.72	-0.25	-0.95	-0.91	-0.47	-0.74	-0.8	-0.93	0.62		-0.9	-0.78	-0.91	-0.94	-0.9	-0.71	-0.88	-0.89	-0.86	-0.98	-0.84	-0.74	-0.93	-0.78	-0.95
Accounts Payable	0.97	0.77	0.13	0.95	0.94	0.38	0.83	0.94	0.93	-0.55	-0.9		0.84	0.95	0.96	0.91	0.65	0.88	0.87	0.9	0.91	0.73	0.78	0.97	0.91	0.94
Cash	0.89	0.92	0.14	0.89	0.71	0.15	0.51	0.75	0.93	-0.63	-0.78	0.84		0.72	0.74	0.61	0.68	0.95	0.96	0.94	0.83	0.83	0.92	0.81	0.9	0.75
Non Current Assets Total	0.95	0.66	0.22	0.93	0.98	0.41	0.89	0.92	0.91	-0.49	-0.91	0.95	0.72		0.97	0.97	0.63	0.79	0.82	0.87	0.88	0.64	0.68	0.97	0.82	0.96
Non Currrent Assets Other	0.96	0.67	0.31	0.95	0.98	0.54	0.86	0.88	0.92	-0.53	-0.94	0.96	0.74	0.97		0.97	0.65	0.84	0.84	0.85	0.92	0.7	0.69	0.99	0.81	0.99
Other Assets	0.9	0.55	0.21	0.89	0.97	0.52	0.89	0.85	0.84	-0.44	-0.9	0.91	0.61	0.97	0.97		0.6	0.73	0.74	0.76	0.84	0.59	0.57	0.95	0.7	0.96
Long Term Debt	0.74	0.8	0.33	0.74	0.56	0.15	0.28	0.57	0.74	-0.14	-0.71	0.65	0.68	0.63	0.65	0.6		0.77	0.73	0.73	0.68	0.84	0.8	0.63	0.72	0.66
Cash And Short Term Investments	0.94	0.91	0.29	0.95	0.79	0.31	0.57	0.76	0.97	-0.56	-0.88	0.88	0.95	0.79	0.84	0.73	0.77		0.98	0.92	0.89	0.89	0.92	0.89	0.86	0.86
Net Receivables	0.95	0.87	0.24	0.96	0.82	0.3	0.61	0.76	0.98	-0.64	-0.89	0.87	0.96	0.82	0.84	0.74	0.73	0.98		0.95	0.89	0.85	0.88	0.9	0.85	0.86
Good Will	0.95	0.87	0.22	0.95	0.84	0.15	0.64	0.88	0.97	-0.57	-0.86	0.9	0.94	0.87	0.85	0.76	0.73	0.92	0.95		0.88	0.8	0.88	0.89	0.93	0.85
Common Stock Shares Outstanding	0.94	0.75	0.23	0.94	0.89	0.43	0.71	0.82	0.92	-0.69	-0.98	0.91	0.83	0.88	0.92	0.84	0.68	0.89	0.89	0.88		0.85	0.77	0.91	0.85	0.92
Long Term Debt Total	0.81	0.89	0.23	0.82	0.6	0.13	0.31	0.65	0.84	-0.44	-0.84	0.73	0.83	0.64	0.7	0.59	0.84	0.89	0.85	0.8	0.85		0.9	0.71	0.76	0.72
Non Current Liabilities Total	0.84	1.0	0.24	0.84	0.6	-0.01	0.39	0.75	0.87	-0.33	-0.74	0.78	0.92	0.68	0.69	0.57	0.8	0.92	0.88	0.88	0.77	0.9		0.73	0.86	0.68
Capital Surpluse	0.98	0.72	0.25	0.98	0.98	0.48	0.86	0.88	0.95	-0.58	-0.93	0.97	0.81	0.97	0.99	0.95	0.63	0.89	0.9	0.89	0.91	0.71	0.73		0.83	0.99
Other Current Assets	0.89	0.85	0.11	0.87	0.78	0.17	0.61	0.88	0.88	-0.54	-0.78	0.91	0.9	0.82	0.81	0.7	0.72	0.86	0.85	0.93	0.85	0.76	0.86	0.83		0.79
Other Stockholder Equity	0.96	0.66	0.31	0.96	0.97	0.56	0.82	0.84	0.93	-0.56	-0.95	0.94	0.75	0.96	0.99	0.96	0.66	0.86	0.86	0.85	0.92	0.72	0.68	0.99	0.79

Click cells to compare fundamentals

Spotify Technology Account Relationship Matchups

Spotify Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1B	6.3B	7.2B	7.6B	8.3B	5.5B
Short Long Term Debt Total	622M	577M	1.8B	1.7B	1.7B	914.6M
Other Current Liab	111M	105M	89M	2.4B	42M	39.9M
Total Current Liabilities	2.4B	2.9B	3.2B	3.5B	4.1B	2.7B
Total Stockholder Equity	2.0B	2.8B	2.1B	2.4B	2.5B	1.9B
Other Liab	93M	24M	44M	36M	41.4M	47.4M
Net Tangible Assets	1.5B	2.0B	1.1B	1.1B	1.3B	1.1B
Property Plant And Equipment Net	780M	757M	809M	765M	547M	500.4M
Current Deferred Revenue	319M	380M	458M	520M	622M	368.4M
Net Debt	(443M)	(574M)	(963M)	(800M)	(1.4B)	(1.3B)
Retained Earnings	(2.7B)	(3.3B)	(3.2B)	(3.6B)	(4.2B)	(4.4B)
Accounts Payable	549M	638M	793M	588M	662M	508.1M
Cash	1.1B	1.2B	2.7B	2.5B	3.1B	1.6B
Non Current Assets Total	2.9B	4.0B	2.8B	3.3B	3.1B	2.4B
Non Currrent Assets Other	65M	69M	78M	77M	75M	66M
Other Assets	104M	126M	90M	86M	98.9M	85.8M
Cash And Short Term Investments	1.8B	1.7B	3.5B	3.4B	4.2B	2.5B
Net Receivables	406M	468M	626M	695M	878M	536.3M
Good Will	478M	736M	894M	1.2B	1.1B	590.6M
Common Stock Shares Outstanding	181.0M	187.6M	193.9M	195.8M	194.7M	201.4M
Short Term Investments	692M	596M	756M	867M	1.1B	829.6M
Long Term Debt Total	622M	577M	1.8B	1.7B	1.9B	2.0B
Liabilities And Stockholders Equity	5.1B	6.3B	7.2B	7.6B	8.3B	5.5B
Non Current Liabilities Total	646M	621M	1.8B	1.7B	1.7B	959.2M
Capital Surpluse	4.2B	4.6B	4.7B	4.8B	5.5B	3.6B
Capital Lease Obligations	622M	577M	579M	555M	493M	346.3M
Other Current Assets	68M	151M	246M	187M	159M	112.8M
Other Stockholder Equity	3.8B	4.4B	4.5B	4.5B	4.9B	3.8B
Total Liab	3.1B	3.5B	5.1B	5.2B	5.8B	3.7B
Deferred Long Term Liab	26M	33M	31M	19M	21.9M	19.8M
Long Term Investments	1.5B	2.3B	916M	1.1B	1.2B	1.2B
Property Plant And Equipment Gross	780M	757M	809M	1.2B	1.2B	637.8M
Total Current Assets	2.2B	2.4B	4.4B	4.4B	5.3B	3.1B
Accumulated Other Comprehensive Income	924M	1.7B	853M	1.5B	1.8B	984.6M
Short Term Debt	1.5B	1.8B	1.9B	0.0	2.8B	2.9B
Intangible Assets	58M	97M	89M	127M	84M	64.2M
Property Plant Equipment	780M	757M	809M	765M	879.8M	487.7M
Cash And Equivalents	1.1B	1.2B	2.7B	2.5B	2.9B	1.5B

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

0.63

YY Inc Class Financial Report 4th of June 2024

Pair Corr

Moving against Spotify Stock

0.87	CCG	Cheche Group Report 25th of September 2024	Pair Corr
0.77	Z	Zillow Group Class	Pair Corr
0.77	ZG	Zillow Group	Pair Corr
0.72	SLE	Super League Enterprise Symbol Change	Pair Corr
0.68	ZH	Zhihu Inc ADR Earnings Call This Week	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Spotify Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Spotify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spotify Technology Sa Stock. Highlighted below are key reports to facilitate an investment decision about Spotify Technology Sa Stock:

How To Invest In Spotify

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Is Spotify Stock a good investment?

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What is Spotify Technology's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spotify Technology SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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.

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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

(0.66)

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.

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Spotify Short Term Debt vs Net Receivables Analysis

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Short Term Debt

Net Receivables

Spotify Technology fundamental ratios Correlations

Spotify Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spotify Technology fundamental ratios Accounts

Pair Trading with Spotify Technology

Moving together with Spotify Stock

Moving against Spotify Stock

Complementary Tools for Spotify Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Current Deferred Revenue	+ 0.99	Total Assets
Current Deferred Revenue	+ 0.99	Total Current Liabilities
Capital Surpluse	+ 0.99	Non Currrent Assets Other
Other Stockholder Equity	+ 0.99	Non Currrent Assets Other

Common Stock Shares Outstanding	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Total Current Liabilities
Retained Earnings	- 0.95	Total Assets
Non Currrent Assets Other	- 0.94	Retained Earnings
Capital Surpluse	- 0.93	Retained Earnings