Universal Music Group Balance Sheet Health
Financial Health criteria checks 2/6
Universal Music Group has a total shareholder equity of €3.5B and total debt of €3.1B, which brings its debt-to-equity ratio to 87.9%. Its total assets and total liabilities are €15.2B and €11.7B respectively. Universal Music Group's EBIT is €1.7B making its interest coverage ratio 19.2. It has cash and short-term investments of €457.0M.
Key information
87.9%
Debt to equity ratio
€3.05b
Debt
| Interest coverage ratio | 19.2x |
| Cash | €457.00m |
| Equity | €3.47b |
| Total liabilities | €11.69b |
| Total assets | €15.17b |
Recent financial health updates
Universal Music Group (AMS:UMG) Seems To Use Debt Quite Sensibly
Sep 19
Universal Music Group (AMS:UMG) Seems To Use Debt Quite Sensibly
May 22Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Universal Music Group N.V. (AMS:UMG)
Oct 15A Look Into Universal Music Group's (AMS:UMG) Impressive Returns On Capital
Oct 02Universal Music Group (AMS:UMG) Seems To Use Debt Quite Sensibly
Sep 19Here's Why We Think Universal Music Group (AMS:UMG) Might Deserve Your Attention Today
Sep 05A Look At The Fair Value Of Universal Music Group N.V. (AMS:UMG)
Jul 18Many Would Be Envious Of Universal Music Group's (AMS:UMG) Excellent Returns On Capital
Jun 18Universal Music Group N.V.'s (AMS:UMG) Business Is Trailing The Market But Its Shares Aren't
Jun 04Universal Music Group (AMS:UMG) Seems To Use Debt Quite Sensibly
May 22Is Now The Time To Look At Buying Universal Music Group N.V. (AMS:UMG)?
May 08Universal Music Group (AMS:UMG) Has Announced A Dividend Of €0.27
Apr 25Unpleasant Surprises Could Be In Store For Universal Music Group N.V.'s (AMS:UMG) Shares
Mar 01Does This Valuation Of Universal Music Group N.V. (AMS:UMG) Imply Investors Are Overpaying?
Dec 20Is It Time To Consider Buying Universal Music Group N.V. (AMS:UMG)?
Dec 05Investors Shouldn't Overlook The Favourable Returns On Capital At Universal Music Group (AMS:UMG)
Nov 20Universal Music Group (AMS:UMG) Has Affirmed Its Dividend Of €0.24
Aug 28Estimating The Intrinsic Value Of Universal Music Group N.V. (AMS:UMG)
Aug 26Universal Music Group (AMS:UMG) Has Announced A Dividend Of €0.24
Aug 08Universal Music Group (AMS:UMG) Knows How To Allocate Capital Effectively
Jun 27Does This Valuation Of Universal Music Group N.V. (AMS:UMG) Imply Investors Are Overpaying?
May 28Why You Should Care About Universal Music Group's (AMS:UMG) Strong Returns On Capital
Mar 25Estimating The Fair Value Of Universal Music Group N.V. (AMS:UMG)
Dec 07Many Would Be Envious Of Universal Music Group's (AMS:UMG) Excellent Returns On Capital
Nov 20Universal Music Group N.V. (AMS:UMG) Shares Could Be 21% Below Their Intrinsic Value Estimate
Aug 25We Think You Can Look Beyond Universal Music Group's (AMS:UMG) Lackluster Earnings
Aug 04Universal Music Group N.V. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 30Calculating The Intrinsic Value Of Universal Music Group N.V. (AMS:UMG)
May 16The Price Is Right For Universal Music Group N.V. (AMS:UMG)
Mar 29Estimating The Intrinsic Value Of Universal Music Group N.V. (AMS:UMG)
Jan 26Financial Position Analysis
Short Term Liabilities: UMG's short term assets (€4.2B) do not cover its short term liabilities (€7.2B).
Long Term Liabilities: UMG's short term assets (€4.2B) do not cover its long term liabilities (€4.5B).
Debt to Equity History and Analysis
Debt Level: UMG's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: UMG's debt to equity ratio has increased from 0.6% to 87.9% over the past 5 years.
Debt Coverage: UMG's debt is well covered by operating cash flow (53.3%).
Interest Coverage: UMG's interest payments on its debt are well covered by EBIT (19.2x coverage).