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Spotify Technology (Spotify Technology) Scaled Net Operating Assets : 0.05 (As of Mar. 2024)


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What is Spotify Technology Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Spotify Technology's operating assets for the quarter that ended in Mar. 2024 was $4,787 Mil. Spotify Technology's operating liabilities for the quarter that ended in Mar. 2024 was $4,351 Mil. Spotify Technology's Total Assets for the quarter that ended in Dec. 2023 was $9,101 Mil. Therefore, Spotify Technology's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.05.


Spotify Technology Scaled Net Operating Assets Historical Data

The historical data trend for Spotify Technology's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spotify Technology Scaled Net Operating Assets Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.20 0.35 0.06 0.10 -

Spotify Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.04 0.02 - 0.05

Competitive Comparison of Spotify Technology's Scaled Net Operating Assets

For the Internet Content & Information subindustry, Spotify Technology's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spotify Technology's Scaled Net Operating Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spotify Technology's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Spotify Technology's Scaled Net Operating Assets falls into.



Spotify Technology Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Spotify Technology's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(4505.998-4500.546)/8088.983
=0.00

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9101.418 - 4595.42
=4505.998

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6350.055 - 1849.509 - 0
=4500.546

Spotify Technology's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(4786.956-4351.087)/9101.418
=0.05

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9864.13 - 5077.174
=4786.956

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6267.391 - 1916.304 - 0
=4351.087

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Spotify Technology Scaled Net Operating Assets Related Terms

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Spotify Technology (Spotify Technology) Business Description

Address
5, Place de la Gare, Luxembourg, LUX, L-1616
Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with 489 million total listeners. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 87% and 13% of Spotify's 2022 total revenue, respectively.

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