Live Nation Entertainment Inc (LYV)
Debt-to-equity ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 173,263 | -17,148 | -367,569 | -582,651 | -471,772 |
Debt-to-equity ratio | 0.00 | — | — | — | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $173,263K
= 0.00
The debt-to-equity ratio for Live Nation Entertainment Inc shows a significant decrease over the years, from not being able to determine the ratio in 2020, 2021, and 2022, to reaching 0.00 in 2024. This indicates that the company has either reduced its debt levels, increased its equity, or a combination of both, resulting in a healthier financial position with less reliance on debt financing. A debt-to-equity ratio of 0.00 suggests that the company has no debt in relation to its equity, which may signify a strong financial position and lower risk for investors and creditors.
Peer comparison
Dec 31, 2024