Live Nation Entertainment Inc (LYV)
Debt-to-assets ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total assets | US$ in thousands | 19,638,800 | 19,074,000 | 16,460,800 | 14,402,300 | 10,589,300 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $19,638,800K
= 0.00
The debt-to-assets ratio of Live Nation Entertainment Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its total assets during the specified periods. A debt-to-assets ratio of 0.00 suggests that the company is entirely equity-financed, which may imply a low financial risk and strong financial position. It indicates that creditors have not provided any financing for the company's operations, and the company may not have taken on any debt to fund its activities or investments.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Live Nation Entertainment Inc
LYV
0.00
Six Flags Entertainment Corporation
FUN
0.52
TKO Group Holdings, Inc.
TKO
0.00
Warner Music Group
WMG
0.44