Spotify Ebitda vs Research Development Analysis

SPOT Stock

USD 728.07 4.74 0.65%

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 Ebitda and its Research Development 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Ebitda vs Research Development

Ebitda vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spotify Technology Ebitda account and Research Development. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Spotify Technology's Ebitda and Research Development is 0.41. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Research Development 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 Ebitda and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Spotify Technology SA are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Ebitda i.e., Spotify Technology's Ebitda and Research Development go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Ebitda

Research Development

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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Spotify Technology's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 58.81 in 2025, whereas Selling General Administrative is likely to drop slightly above 414.3 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	41M	38M	36M	29.5M
Depreciation And Amortization	171M	158M	121M	102.2M

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		0.72	0.7	0.99	0.85	0.31	0.71	0.74	0.99	-0.7	-0.89	0.97	0.83	0.92	0.34	0.8	0.79	0.83	0.95	0.95	0.95	0.86	0.88	0.96	0.76	0.95
Short Long Term Debt Total	0.72		0.19	0.73	0.56	0.01	0.52	0.87	0.71	-0.32	-0.72	0.82	0.58	0.75	0.5	0.53	0.7	0.55	0.67	0.76	0.7	0.76	0.77	0.73	0.76	0.71
Other Current Liab	0.7	0.19		0.73	0.73	0.38	0.32	0.27	0.74	-0.69	-0.68	0.56	0.77	0.54	-0.07	0.71	0.63	0.82	0.77	0.65	0.77	0.69	0.64	0.64	0.45	0.67
Total Current Liabilities	0.99	0.73	0.73		0.83	0.34	0.72	0.78	1.0	-0.65	-0.94	0.96	0.81	0.93	0.39	0.77	0.8	0.81	0.97	0.96	0.95	0.87	0.87	0.98	0.79	0.97
Total Stockholder Equity	0.85	0.56	0.73	0.83		0.4	0.68	0.6	0.82	-0.89	-0.76	0.84	0.91	0.81	0.18	0.99	0.6	0.94	0.76	0.75	0.94	0.64	0.64	0.84	0.55	0.84
Other Liab	0.31	0.01	0.38	0.34	0.4		0.56	0.11	0.28	-0.3	-0.45	0.34	0.17	0.39	0.48	0.35	0.14	0.25	0.25	0.13	0.38	0.09	-0.01	0.44	0.13	0.51
Net Tangible Assets	0.71	0.52	0.32	0.72	0.68	0.56		0.76	0.67	-0.42	-0.76	0.79	0.44	0.88	0.68	0.59	0.32	0.45	0.59	0.63	0.69	0.33	0.41	0.84	0.55	0.8
Property Plant And Equipment Net	0.74	0.87	0.27	0.78	0.6	0.11	0.76		0.76	-0.3	-0.83	0.84	0.53	0.89	0.69	0.52	0.55	0.49	0.7	0.81	0.74	0.64	0.7	0.83	0.84	0.78
Current Deferred Revenue	0.99	0.71	0.74	1.0	0.82	0.28	0.67	0.76		-0.67	-0.91	0.95	0.83	0.91	0.33	0.76	0.8	0.82	0.98	0.97	0.94	0.88	0.9	0.95	0.8	0.94
Net Debt	-0.7	-0.32	-0.69	-0.65	-0.89	-0.3	-0.42	-0.3	-0.67		0.5	-0.65	-0.9	-0.53	0.15	-0.88	-0.41	-0.9	-0.66	-0.61	-0.8	-0.49	-0.51	-0.62	-0.38	-0.62
Retained Earnings	-0.89	-0.72	-0.68	-0.94	-0.76	-0.45	-0.76	-0.83	-0.91	0.5		-0.89	-0.68	-0.94	-0.55	-0.69	-0.75	-0.7	-0.9	-0.88	-0.89	-0.79	-0.76	-0.95	-0.79	-0.96
Accounts Payable	0.97	0.82	0.56	0.96	0.84	0.34	0.79	0.84	0.95	-0.65	-0.89		0.79	0.95	0.47	0.78	0.73	0.78	0.9	0.92	0.93	0.8	0.84	0.98	0.77	0.95
Cash	0.83	0.58	0.77	0.81	0.91	0.17	0.44	0.53	0.83	-0.9	-0.68	0.79		0.67	-0.05	0.9	0.66	0.98	0.83	0.8	0.92	0.77	0.8	0.75	0.63	0.73
Non Current Assets Total	0.92	0.75	0.54	0.93	0.81	0.39	0.88	0.89	0.91	-0.53	-0.94	0.95	0.67		0.6	0.74	0.68	0.67	0.84	0.89	0.89	0.71	0.73	0.98	0.77	0.96
Non Currrent Assets Other	0.34	0.5	-0.07	0.39	0.18	0.48	0.68	0.69	0.33	0.15	-0.55	0.47	-0.05	0.6		0.07	0.19	-0.05	0.26	0.36	0.32	0.2	0.17	0.53	0.56	0.54
Other Assets	0.8	0.53	0.71	0.77	0.99	0.35	0.59	0.52	0.76	-0.88	-0.69	0.78	0.9	0.74	0.07		0.6	0.94	0.69	0.68	0.89	0.62	0.61	0.77	0.45	0.78
Long Term Debt	0.79	0.7	0.63	0.8	0.6	0.14	0.32	0.55	0.8	-0.41	-0.75	0.73	0.66	0.68	0.19	0.6		0.68	0.79	0.78	0.75	0.91	0.84	0.7	0.68	0.73
Cash And Short Term Investments	0.83	0.55	0.82	0.81	0.94	0.25	0.45	0.49	0.82	-0.9	-0.7	0.78	0.98	0.67	-0.05	0.94	0.68		0.8	0.76	0.92	0.77	0.77	0.75	0.55	0.75
Net Receivables	0.95	0.67	0.77	0.97	0.76	0.25	0.59	0.7	0.98	-0.66	-0.9	0.9	0.83	0.84	0.26	0.69	0.79	0.8		0.96	0.92	0.89	0.9	0.91	0.8	0.89
Good Will	0.95	0.76	0.65	0.96	0.75	0.13	0.63	0.81	0.97	-0.61	-0.88	0.92	0.8	0.89	0.36	0.68	0.78	0.76	0.96		0.91	0.87	0.91	0.91	0.89	0.88
Common Stock Shares Outstanding	0.95	0.7	0.77	0.95	0.94	0.38	0.69	0.74	0.94	-0.8	-0.89	0.93	0.92	0.89	0.32	0.89	0.75	0.92	0.92	0.91		0.83	0.82	0.94	0.77	0.93
Long Term Debt Total	0.86	0.76	0.69	0.87	0.64	0.09	0.33	0.64	0.88	-0.49	-0.79	0.8	0.77	0.71	0.2	0.62	0.91	0.77	0.89	0.87	0.83		0.96	0.78	0.77	0.78
Non Current Liabilities Total	0.88	0.77	0.64	0.87	0.64	-0.01	0.41	0.7	0.9	-0.51	-0.76	0.84	0.8	0.73	0.17	0.61	0.84	0.77	0.9	0.91	0.82	0.96		0.78	0.81	0.75
Capital Surpluse	0.96	0.73	0.64	0.98	0.84	0.44	0.84	0.83	0.95	-0.62	-0.95	0.98	0.75	0.98	0.53	0.77	0.7	0.75	0.91	0.91	0.94	0.78	0.78		0.76	0.99
Other Current Assets	0.76	0.76	0.45	0.79	0.55	0.13	0.55	0.84	0.8	-0.38	-0.79	0.77	0.63	0.77	0.56	0.45	0.68	0.55	0.8	0.89	0.77	0.77	0.81	0.76		0.73
Other Stockholder Equity	0.95	0.71	0.67	0.97	0.84	0.51	0.8	0.78	0.94	-0.62	-0.96	0.95	0.73	0.96	0.54	0.78	0.73	0.75	0.89	0.88	0.93	0.78	0.75	0.99	0.73

Click cells to compare fundamentals

Spotify Technology Account Relationship Matchups

Spotify Technology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.3B	7.2B	7.6B	8.4B	12.0B	6.3B
Short Long Term Debt Total	2.4B	3.7B	1.7B	1.7B	2.0B	1.8B
Other Current Liab	105M	89M	2.1B	2.5B	2.5B	2.6B
Total Current Liabilities	2.9B	3.2B	3.5B	4.1B	4.4B	2.9B
Total Stockholder Equity	2.8B	2.1B	2.4B	2.5B	5.5B	5.8B
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	757M	809M	758.7M	549.1M	414.0M	495.5M
Current Deferred Revenue	380M	458M	515.7M	624.4M	683.0M	406.5M
Net Debt	(574M)	(963M)	(793.4M)	(1.4B)	(2.8B)	(2.6B)
Retained Earnings	(3.3B)	(3.2B)	(3.6B)	(4.2B)	(3.0B)	(3.2B)
Accounts Payable	638M	793M	583.2M	664.5M	933.0M	559.7M
Cash	1.2B	2.7B	2.5B	3.1B	4.8B	5.0B
Non Current Assets Total	4.0B	2.8B	3.3B	3.1B	3.6B	2.6B
Non Currrent Assets Other	78M	77M	77.4M	24.1M	16.0M	15.2M
Other Assets	126M	90M	86M	103M	254M	266.7M
Cash And Short Term Investments	1.7B	3.5B	3.3B	4.2B	7.4B	7.8B
Net Receivables	468M	626M	689.3M	881.3M	799.0M	570.5M
Good Will	736M	894M	1.2B	1.1B	1.2B	663.1M
Common Stock Shares Outstanding	187.6M	193.9M	195.8M	194.7M	207.0M	204.0M
Short Term Investments	596M	756M	859.9M	1.1B	2.7B	2.8B
Long Term Debt Total	577M	1.8B	1.7B	1.7B	2.0B	1.1B
Liabilities And Stockholders Equity	6.3B	7.2B	7.6B	8.4B	12.0B	6.3B
Non Current Liabilities Total	621M	1.8B	1.7B	1.7B	2.0B	1.1B
Capital Surpluse	4.6B	4.7B	4.8B	5.2B	6.1B	4.1B
Capital Lease Obligations	577M	579M	555M	493M	462M	362.5M
Other Current Assets	151M	246M	304.5M	168.6M	132.0M	130.0M
Other Stockholder Equity	4.4B	4.5B	4.5B	4.9B	5.9B	4.0B
Total Liab	3.5B	5.1B	5.2B	5.8B	6.5B	4.0B
Deferred Long Term Liab	26M	33M	31M	19M	21.9M	19.8M
Long Term Investments	2.3B	916M	1.1B	1.2B	1.6B	1.2B
Property Plant And Equipment Gross	757M	809M	1.2B	1.2B	1.1B	694.1M
Total Current Assets	2.4B	4.4B	4.3B	5.3B	8.4B	8.8B
Accumulated Other Comprehensive Income	1.7B	853M	1.5B	1.8B	2.7B	2.8B
Short Term Debt	123M	1.5B	1.8B	1.9B	0.0	2.8B
Intangible Assets	97M	89M	126.0M	84.3M	48.0M	63.0M
Common Stock	121.0K	122.3K	123.0K	125.8K	129.7K	81.3K

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