Warner Music Group Balance Sheet Health
Financial Health criteria checks 2/6
Warner Music Group has a total shareholder equity of $635.0M and total debt of $4.0B, which brings its debt-to-equity ratio to 626.5%. Its total assets and total liabilities are $8.8B and $8.2B respectively. Warner Music Group's EBIT is $1.0B making its interest coverage ratio 6.4. It has cash and short-term investments of $607.0M.
Key information
626.5%
Debt to equity ratio
US$3.98b
Debt
| Interest coverage ratio | 6.4x |
| Cash | US$607.00m |
| Equity | US$635.00m |
| Total liabilities | US$8.20b |
| Total assets | US$8.83b |
Recent financial health updates
Is Warner Music Group (NASDAQ:WMG) Using Too Much Debt?
Sep 18
Warner Music Group (NASDAQ:WMG) Seems To Use Debt Quite Sensibly
Jan 01Warner Music Group (NASDAQ:WMG) Has A Pretty Healthy Balance Sheet
Oct 02Does Warner Music Group (NASDAQ:WMG) Have A Healthy Balance Sheet?
Jun 19Warner Music Group (NASDAQ:WMG) Has A Pretty Healthy Balance Sheet
Feb 03Is Warner Music Group (NASDAQ:WMG) A Risky Investment?
Oct 18Recent updates
Is 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 26What You Can Learn From Warner Music Group Corp.'s (NASDAQ:WMG) P/E
Jan 22Warner Music Group (NASDAQ:WMG) Seems To Use Debt Quite Sensibly
Jan 01An Intrinsic Calculation For Warner Music Group Corp. (NASDAQ:WMG) Suggests It's 21% Undervalued
Dec 11Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital
Nov 14Is It Too Late To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?
Oct 23Warner Music Group (NASDAQ:WMG) Has A Pretty Healthy Balance Sheet
Oct 02Is Warner Music Group Corp. (NASDAQ:WMG) Trading At A 21% Discount?
Sep 11Warner Music Group (NASDAQ:WMG) Is Paying Out A Larger Dividend Than Last Year
Aug 21Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist
Aug 09Is It Too Late To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?
Jul 05Does Warner Music Group (NASDAQ:WMG) Have A Healthy Balance Sheet?
Jun 19Is There An Opportunity With Warner Music Group Corp.'s (NASDAQ:WMG) 22% Undervaluation?
Jun 04Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital
May 02Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?
Mar 07Warner Music Group (NASDAQ:WMG) Has A Pretty Healthy Balance Sheet
Feb 03A Look At The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)
Jan 16Warner Music Group (NASDAQ:WMG) Is Experiencing Growth In Returns On Capital
Dec 29Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?
Nov 08Is Warner Music Group (NASDAQ:WMG) A Risky Investment?
Oct 18Goldman Sachs starts Warner Music Group at Buy on tailwinds
Oct 11Warner Music Group (NASDAQ:WMG) Is Experiencing Growth In Returns On Capital
Sep 27Warner Music Group rises on report set to name ex YouTube business chief as new CEO
Sep 21Warner Music Group Corp.'s (NASDAQ:WMG) Price In Tune With Earnings
Sep 06Warner Music Group: Stealth Dividend Growth Opportunity
Aug 19Warner Music Group (NASDAQ:WMG) Will Pay A Larger Dividend Than Last Year At $0.16
Aug 16Warner Music Group Corp.'s (NASDAQ:WMG) Intrinsic Value Is Potentially 60% Above Its Share Price
Aug 11Warner Music Q3 2022 Earnings Preview
Aug 08Financial Position Analysis
Short Term Liabilities: WMG's short term assets ($2.5B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: WMG's short term assets ($2.5B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: WMG's net debt to equity ratio (530.9%) 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 (19.8%).
Interest Coverage: WMG's interest payments on its debt are well covered by EBIT (6.4x coverage).