Live Nation Entertainment Inc (LYV)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -17,148 | -367,569 | -582,651 | -471,772 | 1,145,820 |
| Debt-to-equity ratio | — | — | — | — | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-17,148K
= —
The debt-to-equity ratio for Live Nation Entertainment Inc was not provided for the years 2020, 2021, 2022, and 2023. However, as of December 31, 2019, the company had a debt-to-equity ratio of 2.89. This indicates that for every dollar of equity, Live Nation Entertainment Inc had $2.89 in debt. A high debt-to-equity ratio can suggest that the company may be relying heavily on debt to finance its operations, which could potentially lead to financial risk or difficulties in meeting its debt obligations. It is essential for investors and stakeholders to monitor any changes in this ratio over time to assess the company's capital structure and financial health.
Peer comparison
Dec 31, 2023