Warner Music Group Balance Sheet Health
Financial Health criteria checks 2/6
Warner Music Group has a total shareholder equity of $585.0M and total debt of $4.0B, which brings its debt-to-equity ratio to 681%. Its total assets and total liabilities are $8.7B and $8.1B respectively. Warner Music Group's EBIT is $977.0M making its interest coverage ratio 6.3. It has cash and short-term investments of $587.0M.
Key information
681.0%
Debt to equity ratio
US$3.98b
Debt
Interest coverage ratio | 6.3x |
Cash | US$587.00m |
Equity | US$585.00m |
Total liabilities | US$8.15b |
Total assets | US$8.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WA4's short term assets ($2.5B) do not cover its short term liabilities ($3.5B).
Long Term Liabilities: WA4's short term assets ($2.5B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: WA4's net debt to equity ratio (580.7%) is considered high.
Reducing Debt: WA4 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WA4's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: WA4's interest payments on its debt are well covered by EBIT (6.3x coverage).