Live Nation Entertainment Inc (LYV)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 19,638,800 | 19,074,000 | 16,460,800 | 14,402,300 | 10,589,300 |
| Total stockholders’ equity | US$ in thousands | 173,263 | -17,148 | -367,569 | -582,651 | -471,772 |
| Financial leverage ratio | 113.35 | — | — | — | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $19,638,800K ÷ $173,263K
= 113.35
The financial leverage ratio of Live Nation Entertainment Inc increased significantly from an undetermined figure in 2020 to 113.35% as of December 31, 2024. This substantial rise suggests that the company's reliance on debt to finance its operations and investments has notably escalated over the period under review. It is imperative for stakeholders to closely monitor this trend as higher financial leverage can amplify risks and impact the company's financial stability and flexibility in the future. A thorough assessment of Live Nation's debt management and capital structure strategies would be crucial to ensure sustainable growth and mitigate potential financial vulnerabilities.
Peer comparison
Dec 31, 2024