Spotify Technology SA (SPOT) — Tangible Net Worth Ratio
Spotify Technology SA (SPOT) has a Tangible Net Worth Ratio of 99.5% as of March 2026. This metric is calculated by deducting intangible assets ($41.04 Million) from net assets ($8.02 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Spotify Technology SA book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Spotify Technology SA Tangible Net Worth Ratio (2015–2025)
This chart shows how Spotify Technology SA's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 99.5%, reflecting net assets of $8.02 Billion with intangible assets of $41.04 Million USD. Also explore Spotify Technology SA equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Spotify Technology SA (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Spotify Technology SA from 2015 to 2025, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see SPOT stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.5% | $8.33 Billion | $40.98 Million | $15.01 Billion | ▲ +0.4 pp |
| 2024 | 99.1% | $5.52 Billion | $48.00 Million | $12.00 Billion | ▲ +2.5 pp |
| 2023 | 96.7% | $2.53 Billion | $84.32 Million | $8.38 Billion | ▲ +2.0 pp |
| 2022 | 94.7% | $2.38 Billion | $125.95 Million | $7.57 Billion | ▼ -1.1 pp |
| 2021 | 95.8% | $2.12 Billion | $89.00 Million | $7.17 Billion | ▼ -0.7 pp |
| 2020 | 96.5% | $2.81 Billion | $97.00 Million | $6.33 Billion | ▼ -0.6 pp |
| 2019 | 97.2% | $2.04 Billion | $58.00 Million | $5.12 Billion | ▼ -1.5 pp |
| 2018 | 98.7% | $2.09 Billion | $28.00 Million | $4.34 Billion | ▲ +0.9 pp |
| 2017 | 97.7% | $1.18 Billion | $27.00 Million | $3.11 Billion | ▲ +1.2 pp |
| 2015 | 96.5% | $229.00 Million | $8.00 Million | $1.05 Billion | — |