Live Nation Entertainment Inc (LYV)

Financial leverage 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
Total assets	US$ in thousands	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	10,975,600	9,967,130	10,529,400	10,302,500
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
Financial leverage ratio		—	86.32	—	—	—	—	—	—	—	—	—	—	—	—	33.99	13.80	9.58	7.74	8.97	9.88

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $19,074,000K ÷ $-17,148K
= —

The financial leverage ratio of Live Nation Entertainment Inc was not provided for Q4 2023, Q2 2023, Q1 2023, and all quarters of 2022, indicating a lack of data for these periods. However, for Q3 2023, the financial leverage ratio was reported at 86.32. This suggests that the company relied more on debt financing in Q3 2023 to support its operations and investments compared to its equity contributions. Further historical data is needed to assess the trend and stability of the company's financial leverage position.

Peer comparison

Dec 31, 2023

Company name

Symbol

Financial leverage ratio

Live Nation Entertainment Inc

LYV

—

Six Flags Entertainment Corporation

FUN

—

TKO Group Holdings Inc.