Last Price$604.70.8%
Market Cap$125.1B
LTM EBIT to Interest coverage
9.8x
5Y avg
(1.0x)
Internet Content & Information industry
median
(1.3x)
Stock quality & Intrinsic value
8/10
(0.7%) overvalued
Spotify Technology S.A. EBIT to Interest coverage
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| EBIT to Interest coverage | (235.0x) | (69.8x) | (94.5x) | (0.1x) | 0.6x | (0.6x) | 3.7x | (11.4x) | (11.7x) | 37.9x |
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Spotify Technology S.A. (SPOT) EBIT to Interest coverage comparison analysis
General
LTM EBIT to Interest coverage
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Spotify Technology S.A.SPOT
9.8x
18.4%
N/A
7.3%
Median Peer Set
1.4x
15.7%
0.0%
9.4%
Alphabet Inc.GOOG
522.7x
13.9%
37.7%
28.6%
Meta Platforms, Inc.META
111.7x
21.9%
62.0%
37.9%
Tencent Music Entertainment GroupTME
56.9x
(7.1%)
155.8%
17.7%
Baidu, Inc.BIDU
9.7x
(2.7%)
(15.8%)
17.8%
Pinterest, Inc.PINS
2.7x
19.3%
N/A
51.1%
Zillow Group, Inc. Class CZ
(5.5x)
15.0%
(29.4%)
(5.0%)
Snap Inc.SNAP
(36.5x)
16.4%
(48.8%)
(13.0%)
Reddit, Inc.RDDT
N/A
61.7%
332.5%
(37.2%)
DoorDash, Inc.DASH
N/A
24.2%
N/A
1.1%
Twilio Inc.TWLO
N/A
7.3%
(88.1%)
(2.5%)
SPOT key stats
USD
EUR
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|
% growth | 2,154.2 0.0% | 3,266.5 51.6% | 4,618.7 41.4% | 6,209.6 34.4% | 7,571.8 21.9% | 8,996.4 18.8% | 11,434.9 27.1% | 12,358.0 8.1% | 14,325.0 15.9% | 16,955.2 18.4% |
| Cost of Goods Sold (COGS) | 1,903.2 | 2,822.8 | 3,659.9 | 4,612.0 | 5,644.1 | 6,696.0 | 8,370.4 | 9,274.5 | 10,651.5 | 11,844.7 |
% margin | 250.9 11.6% | 443.7 13.6% | 958.7 20.8% | 1,597.6 25.7% | 1,927.6 25.5% | 2,300.5 25.6% | 3,064.5 26.8% | 3,083.4 25.0% | 3,673.4 25.6% | 5,110.5 30.1% |
| Operating Expenses | 511.9 | 829.9 | 1,385.6 | 1,648.3 | 2,009.4 | 2,635.0 | 2,953.4 | 3,777.9 | 4,155.7 | 3,633.8 |
| Research & Development Expenses (R&D) | 151.0 | 229.1 | 447.2 | 582.1 | 688.4 | 955.6 | 1,078.7 | 1,461.6 | 1,865.4 | 1,607.6 |
| Selling, General & Administrative Expenses (SG&A) | 360.9 | 600.9 | 938.4 | 1,066.2 | 1,320.9 | 1,679.4 | 1,874.7 | 2,316.3 | 2,290.4 | 2,026.2 |
% margin | (260.9) (12.1%) | (386.2) (11.8%) | (426.9) (9.2%) | (50.8) (0.8%) | 226.1 3.0% | (334.5) (3.7%) | 402.1 3.5% | (694.5) (5.6%) | (482.3) (3.4%) | 1,476.7 8.7% |
| Interest Income | 2.2 | 5.5 | 21.5 | 537.2 | 307.8 | 107.3 | 291.0 | 49.5 | 141.7 | 241.2 |
| Interest Expense | 1.1 | 5.5 | 4.5 | 689.6 | 372.8 | 582.3 | 107.6 | 61.1 | 41.1 | 38.9 |
| Pre-tax Income | (249.8) | (592.0) | (1,392.4) | (204.3) | (146.6) | (809.5) | 294.5 | (389.9) | (546.1) | 1,450.7 |
% effective tax rate | 5.6 (2.2%) | 4.4 (0.7%) | 2.3 (0.2%) | (112.2) 54.9% | 61.6 (42.0%) | (146.1) 18.1% | 334.7 113.7% | 63.2 (16.2%) | 29.2 (5.3%) | 219.6 15.1% |
% margin | (255.4) (11.9%) | (596.4) (18.3%) | (1,394.6) (30.2%) | (92.1) (1.5%) | (208.2) (2.7%) | (663.3) (7.4%) | (40.2) (0.4%) | (453.1) (3.7%) | (575.3) (4.0%) | 1,231.1 7.3% |
| EPS | (1.52) | (3.55) | (7.83) | (0.52) | (1.15) | (3.54) | (0.21) | (2.35) | (2.95) | 5.95 |
| Diluted EPS | (1.52) | (3.55) | (7.83) | (0.51) | (1.15) | (3.54) | (0.21) | (2.32) | (2.95) | 5.94 |
% margin | (225.4) (10.5%) | (544.4) (16.7%) | (932.8) (20.2%) | (50.8) (0.8%) | (1.1) (0.0%) | (334.5) (3.7%) | 552.3 4.8% | (299.3) (2.4%) | (322.2) (2.2%) | 1,620.5 9.6% |
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FAQ
1) What is Spotify Technology S.A.'s EBIT to Interest coverage?
As of today, Microsoft Corp's last 12-month EBIT to Interest coverage is 9.8x, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual EBIT to Interest coverage for Spotify Technology S.A. have been (0.9x) over the past three years, and (1.1x) over the past five years.
2) Is Spotify Technology S.A.'s EBIT to Interest coverage Good?
As of today, Spotify Technology S.A.'s EBIT to Interest coverage is 9.8x, which is higher than industry median of (1.3x). It indicates that Spotify Technology S.A.'s EBIT to Interest coverage is Good.