Spotify Technology SA
NYSE:SPOT
Balance Sheet
Balance Sheet Decomposition
Spotify Technology SA
Current Assets | 5.6B |
Cash & Short-Term Investments | 4.7B |
Receivables | 798m |
Other Current Assets | 175m |
Non-Current Assets | 3.4B |
Long-Term Investments | 1.5B |
PP&E | 498m |
Intangibles | 1.2B |
Other Non-Current Assets | 164m |
Current Liabilities | 4B |
Accounts Payable | 1B |
Accrued Liabilities | 2.2B |
Other Current Liabilities | 690m |
Non-Current Liabilities | 1.8B |
Long-Term Debt | 1.8B |
Other Non-Current Liabilities | 37m |
Balance Sheet
Spotify Technology SA
Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Cash & Cash Equivalents |
597
|
755
|
477
|
891
|
1 065
|
1 151
|
2 744
|
2 483
|
3 114
|
|
Cash Equivalents |
597
|
755
|
477
|
891
|
1 065
|
1 151
|
2 744
|
2 483
|
3 114
|
|
Short-Term Investments |
0
|
830
|
1 032
|
915
|
692
|
596
|
756
|
867
|
1 100
|
|
Total Receivables |
247
|
306
|
360
|
402
|
406
|
468
|
626
|
695
|
878
|
|
Accounts Receivables |
164
|
223
|
272
|
273
|
297
|
319
|
437
|
502
|
602
|
|
Other Receivables |
83
|
83
|
88
|
129
|
109
|
149
|
189
|
193
|
276
|
|
Other Current Assets |
27
|
18
|
29
|
38
|
68
|
151
|
246
|
307
|
168
|
|
Total Current Assets |
871
|
1 909
|
1 898
|
2 246
|
2 231
|
2 366
|
4 372
|
4 352
|
5 260
|
|
PP&E Net |
81
|
85
|
73
|
197
|
780
|
757
|
809
|
765
|
547
|
|
PP&E Gross |
81
|
85
|
73
|
197
|
780
|
757
|
809
|
765
|
547
|
|
Accumulated Depreciation |
56
|
77
|
105
|
80
|
156
|
226
|
328
|
450
|
674
|
|
Intangible Assets |
8
|
7
|
27
|
28
|
58
|
97
|
89
|
127
|
84
|
|
Goodwill |
65
|
73
|
135
|
146
|
478
|
736
|
894
|
1 168
|
1 137
|
|
Long-Term Investments |
1
|
0
|
911
|
1 646
|
1 497
|
2 277
|
916
|
1 138
|
1 215
|
|
Other Long-Term Assets |
25
|
26
|
63
|
73
|
78
|
93
|
90
|
86
|
103
|
|
Other Assets |
65
|
73
|
135
|
146
|
478
|
736
|
894
|
1 168
|
1 137
|
|
Total Assets |
1 051
N/A
|
2 100
+100%
|
3 107
+48%
|
4 336
+40%
|
5 122
+18%
|
6 326
+24%
|
7 170
+13%
|
7 636
+6%
|
8 346
+9%
|
|
Liabilities | ||||||||||
Accounts Payable |
76
|
139
|
242
|
295
|
377
|
434
|
534
|
588
|
662
|
|
Accrued Liabilities |
479
|
668
|
880
|
1 076
|
1 431
|
1 748
|
1 841
|
2 093
|
2 440
|
|
Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
6
|
5
|
1
|
0
|
7
|
0
|
0
|
0
|
0
|
|
Other Current Liabilities |
237
|
408
|
737
|
776
|
624
|
718
|
851
|
835
|
988
|
|
Total Current Liabilities |
798
|
1 220
|
1 860
|
2 147
|
2 439
|
2 900
|
3 226
|
3 516
|
4 090
|
|
Long-Term Debt |
5
|
1 107
|
944
|
0
|
622
|
577
|
1 781
|
1 683
|
1 696
|
|
Deferred Income Tax |
0
|
0
|
3
|
2
|
2
|
0
|
0
|
5
|
8
|
|
Other Liabilities |
19
|
13
|
62
|
93
|
22
|
44
|
44
|
31
|
29
|
|
Total Liabilities |
822
N/A
|
2 340
+185%
|
2 869
+23%
|
2 242
-22%
|
3 085
+38%
|
3 521
+14%
|
5 051
+43%
|
5 235
+4%
|
5 823
+11%
|
|
Equity | ||||||||||
Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Retained Earnings |
653
|
1 192
|
2 427
|
2 505
|
2 709
|
3 290
|
3 220
|
3 647
|
4 182
|
|
Additional Paid In Capital |
797
|
830
|
2 488
|
3 801
|
4 192
|
4 583
|
4 746
|
4 789
|
5 155
|
|
Unrealized Security Profit/Loss |
0
|
4
|
16
|
557
|
445
|
1 064
|
29
|
143
|
220
|
|
Treasury Stock |
0
|
0
|
0
|
77
|
370
|
175
|
260
|
262
|
262
|
|
Other Equity |
85
|
126
|
193
|
318
|
479
|
623
|
882
|
1 378
|
1 592
|
|
Total Equity |
229
N/A
|
240
N/A
|
238
N/A
|
2 094
+780%
|
2 037
-3%
|
2 805
+38%
|
2 119
-24%
|
2 401
+13%
|
2 523
+5%
|
|
Total Liabilities & Equity |
1 051
N/A
|
2 100
+100%
|
3 107
+48%
|
4 336
+40%
|
5 122
+18%
|
6 326
+24%
|
7 170
+13%
|
7 636
+6%
|
8 346
+9%
|
|
Shares Outstanding | ||||||||||
Common Shares Outstanding |
184
|
184
|
184
|
181
|
184
|
190
|
192
|
193
|
197
|