Spotify Technology SA (SPOT) — Cash Flow-to-Debt Ratio
Spotify Technology SA (SPOT) has a Cash Flow-to-Debt Ratio of 0.17x as of March 2026, meaning its operating cash flow of $849.75 Million could theoretically repay 0% of its total liabilities ($5.12 Billion) in one year. See Spotify Technology SA free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Spotify Technology SA Cash Flow-to-Debt Ratio (2015–2025)
Historical debt coverage capacity for Spotify Technology SA across 11 annual periods. Also explore how fast is Spotify Technology SA growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Spotify Technology SA (2015–2025)
Year-by-year debt coverage analysis for Spotify Technology SA. For market capitalisation and broader financial context, see SPOT market cap.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.44x | $2.93 Billion | $6.68 Billion | ▲ +23.6% |
| 2024 | 0.36x | $2.30 Billion | $6.48 Billion | ▲ +205.2% |
| 2023 | 0.12x | $680.00 Million | $5.85 Billion | ▲ +1213.1% |
| 2022 | 0.01x | $46.00 Million | $5.19 Billion | ▼ -87.6% |
| 2021 | 0.07x | $361.00 Million | $5.05 Billion | ▼ -2.8% |
| 2020 | 0.07x | $259.00 Million | $3.52 Billion | ▼ -60.4% |
| 2019 | 0.19x | $573.00 Million | $3.08 Billion | ▲ +21.1% |
| 2018 | 0.15x | $344.00 Million | $2.24 Billion | ▲ +65.0% |
| 2017 | 0.09x | $179.00 Million | $1.93 Billion | ▲ +116.5% |
| 2016 | 0.04x | $101.00 Million | $2.35 Billion | ▲ +192.9% |
| 2015 | -0.05x | $-38.00 Million | $822.00 Million | — |