Live Nation Entertainment Inc (LYV)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -17,148 | 221,751 | -187,377 | -460,846 | -367,569 | -74,560 | -410,164 | -517,817 | -582,651 | -404,844 | -912,762 | -730,560 | -471,772 | -99,430 | 341,925 | 859,354 | 1,145,820 | 1,287,270 | 1,174,140 | 1,043,210 |
| Debt-to-equity ratio | — | 0.00 | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 in Q3 2023 was 29.75. This indicates that the company had a relatively high level of debt compared to its equity during that period. A high debt-to-equity ratio suggests that the company is relying more on debt to finance its operations and growth, which can increase financial risk. It is important for investors and stakeholders to monitor this ratio over time to assess the company's ability to manage its debt levels effectively and maintain financial stability. The lack of data for other quarters in 2023 makes it difficult to determine the trend and potential factors influencing the company's debt-to-equity ratio during the year. Further analysis and context would be needed to provide a more comprehensive understanding of Live Nation Entertainment Inc's financial leverage and risk profile.
Peer comparison
Dec 31, 2023