Universal Music Group Balance Sheet Health
Financial Health criteria checks 3/6
Universal Music Group has a total shareholder equity of €3.0B and total debt of €2.1B, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are €13.1B and €10.1B respectively. Universal Music Group's EBIT is €1.4B making its interest coverage ratio 16.6. It has cash and short-term investments of €504.0M.
Key information
70.5%
Debt to equity ratio
€2.10b
Debt
| Interest coverage ratio | 16.6x |
| Cash | €504.00m |
| Equity | €2.98b |
| Total liabilities | €10.11b |
| Total assets | €13.09b |
Recent financial health updates
No updates
Recent updates
Universal Music Group (AMS:UMG) Has Announced A Dividend Of €0.27
Apr 25
Unpleasant 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 (€4.1B) do not cover its short term liabilities (€6.3B).
Long Term Liabilities: UMG's short term assets (€4.1B) exceed its long term liabilities (€3.8B).
Debt to Equity History and Analysis
Debt Level: UMG's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: Insufficient data to determine if UMG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: UMG's debt is well covered by operating cash flow (89.6%).
Interest Coverage: UMG's interest payments on its debt are well covered by EBIT (16.6x coverage).