![Chk chk chk band](https://cdn3.cdnme.se/5447227/9-3/screenshot_6_64e62947e087c31b3e7101ab.jpg)
Here’s a quick look at Spotify Technology S.A.’s (SPOT) price momentum from a technical perspective.
![spotify stock rating spotify stock rating](https://s.thestreet.com/files/tsc/v2008/photos/contrib/uploads/1bc63960-f176-11e7-8839-f7146965e9e2.png)
At the end of Spotify Technology S.A.’s most recent quarter ended June 29, its liabilities totaled 5.41 billion, while its total debt was $1.77 billion. EBITDA was -$166.03 million for the quarter. It was predicted that Spotify Technology S.A.’s quarterly earnings would be -$0.83, but it ended up being -$0.62, beating the consensus by -33.90%. Net income for the quarter came in at $10.83 billion, while revenues rose by 18.49% to $0.0. A higher net income was reported in the quarter under review than the previous quarter. In the meantime, the return on equity (ROE) for the last 12 months was -1.40%.Īccording to Spotify Technology S.A.’s quarterly financial report for the quarter that ended June 29, it had $5.6 million in cash and short-term investments. There was a -4.80% return on investment (ROI) in the past year. SPOT’s return on assets (ROA) during the last 12 months has been -0.40%. Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. Based on annual data, it had gross profit of $3.07 billion and revenue of $11.44 billion. Spotify Technology S.A.’s operating margin stood at -1.20% for the same period. As far as profitability goes, gross margin for the trailing twelve months is 25.70% percent. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.75, and the total debt to equity ratio is 0.75.
![spotify stock rating spotify stock rating](https://content.fortune.com/wp-content/uploads/2018/04/spotify-ceo-daniel-ek-direct-listing-ipo.jpg)
Financial Healthįor the three months ended June 29, Spotify Technology S.A.’s quick ratio was 1.40, while its current ratio was 1.40, indicating its ability to pay off its debt.
![spotify stock rating spotify stock rating](https://www.marketbeat.com/logos/spotify-logo.png)
There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.66, the price-to-book (PB) ratio of 7.37, and the price-to-cash flow ratio of 67.68. Sign up here to get your free report now.īeta for the stock is 1.82. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest. While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well.
![Chk chk chk band](https://cdn3.cdnme.se/5447227/9-3/screenshot_6_64e62947e087c31b3e7101ab.jpg)