Spotify Tax Provision from 2010 to 2024

SPOT Stock  USD 476.96  1.72  0.36%   
Spotify Technology Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 26 M in 2024. Tax Provision is the amount set aside by Spotify Technology SA to cover any estimated taxes for the current period. It reflects Spotify Technology's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
-23 M
Current Value
-4 M
Quarterly Volatility
52.1 M
 
Covid
Check Spotify Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spotify Technology's main balance sheet or income statement drivers, such as Tax Provision of 26 M, Interest Income of 74.4 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or PTB Ratio of 11.66. Spotify financial statements analysis is a perfect complement when working with Spotify Technology Valuation or Volatility modules.
  
Check out the analysis of Spotify Technology Correlation against competitors.

Latest Spotify Technology's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Spotify Technology SA over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Spotify Technology's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spotify Technology's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

Spotify Tax Provision Regression Statistics

Arithmetic Mean17,602,222
Geometric Mean15,846,590
Coefficient Of Variation501.40
Mean Deviation48,402,963
Median5,000,000
Standard Deviation88,257,805
Sample Variance7789.4T
Range411M
R-Value0.23
Mean Square Error7946.8T
R-Squared0.05
Significance0.41
Slope4,529,405
Total Sum of Squares109052.2T

Spotify Tax Provision History

202426 M
202327 M
202260 M
2021283 M
2020-128 M
201955 M
2018-95 M

About Spotify Technology Financial Statements

Spotify Technology shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Spotify Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Spotify Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spotify Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision27 M26 M

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Additional Tools for Spotify Stock Analysis

When running Spotify Technology's price analysis, check to measure Spotify Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.