Warner Music Group Balance Sheet Health
Financial Health criteria checks 2/6
Warner Music Group has a total shareholder equity of $675.0M and total debt of $4.0B, which brings its debt-to-equity ratio to 594.7%. Its total assets and total liabilities are $9.2B and $8.5B respectively. Warner Music Group's EBIT is $1.0B making its interest coverage ratio 6.5. It has cash and short-term investments of $694.0M.
Key information
594.7%
Debt to equity ratio
US$4.01b
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$694.00m |
| Equity | US$675.00m |
| Total liabilities | US$8.48b |
| Total assets | US$9.16b |
Recent financial health updates
Recent updates
What Is Warner Music Group Corp.'s (NASDAQ:WMG) Share Price Doing?
Dec 20
Earnings Miss: Warner Music Group Corp. Missed EPS By 21% And Analysts Are Revising Their Forecasts
Nov 24Downgrading Warner Music Group As Spotify And Live Nation Strike A Chord
Nov 23Warner Music Group (NASDAQ:WMG) Is Due To Pay A Dividend Of $0.18
Nov 12Why We're Not Concerned About Warner Music Group Corp.'s (NASDAQ:WMG) Share Price
Oct 28Warner Music Group: Serving The Middle Class Artists
Oct 10Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist
Oct 09Is Warner Music Group (NASDAQ:WMG) Using Too Much Debt?
Sep 18Is There An Opportunity With Warner Music Group Corp.'s (NASDAQ:WMG) 35% Undervaluation?
Aug 27Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?
Aug 06Warner Music Group Corp. (NASDAQ:WMG) Not Lagging Market On Growth Or Pricing
Jul 16Warner Music Group: Strong Competitive Position In The Music Label Industry
Jul 08Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist
Jun 28Here's Why Warner Music Group (NASDAQ:WMG) Has Caught The Eye Of Investors
Jun 10Warner Music Group's (NASDAQ:WMG) Earnings May Just Be The Starting Point
May 21Warner Music Group Corp. (NASDAQ:WMG) Shares Could Be 23% Below Their Intrinsic Value Estimate
May 08Should You Investigate Warner Music Group Corp. (NASDAQ:WMG) At US$33.66?
Apr 17Warner Music Group (NASDAQ:WMG) Might Have The Makings Of A Multi-Bagger
Mar 26Financial Position Analysis
Short Term Liabilities: WMG's short term assets ($2.6B) do not cover its short term liabilities ($3.9B).
Long Term Liabilities: WMG's short term assets ($2.6B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: WMG's net debt to equity ratio (491.9%) is considered high.
Reducing Debt: WMG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WMG's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: WMG's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/05 14:40 |
| End of Day Share Price | 2025/02/05 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Warner Music Group Corp. is covered by 35 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Kannan Venkateshwar | Barclays |
| Jessica Reif Ehrlich Cohen | BofA Global Research |