Live Nation Entertainment Inc (LYV)
Debt-to-assets ratio
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total assets | US$ in thousands | 19,638,800 | 19,747,100 | 20,454,000 | 20,030,200 | 19,074,000 | 19,140,600 | 19,925,100 | 18,869,600 | 16,460,800 | 15,787,000 | 16,421,000 | 16,006,600 | 14,402,300 | 13,330,700 | 12,245,700 | 10,919,600 | 10,589,300 | 10,885,400 | 11,622,300 | 11,861,400 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 for Live Nation Entertainment Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded by equity, which can signify a strong financial position with lower financial risk. It also implies that the company may be managing its debt levels prudently and has a solid capital structure. It's essential to consider other factors such as the company's industry norms and future growth plans to get a complete understanding of its financial health.
Peer comparison
Dec 31, 2024