Warner Music Group (WMG)
Quick ratio
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 532,000 | 527,000 | 637,000 | 802,000 | 694,000 | 607,000 | 587,000 | 754,000 | 641,000 | 600,000 | 601,000 | 720,000 | 584,000 | 345,000 | 385,000 | 450,000 | 499,000 | 442,000 | 588,000 | 566,000 |
| Short-term investments | US$ in thousands | — | — | — | 141,000 | — | — | — | — | 2,000 | 7,000 | 11,000 | 16,000 | 2,000 | — | — | -494,000 | -394,000 | -331,000 | -234,000 | -246,000 |
| Receivables | US$ in thousands | 1,340,000 | 1,305,000 | 1,218,000 | 1,201,000 | 1,255,000 | 1,222,000 | 1,197,000 | 1,195,000 | 1,120,000 | 1,113,000 | 1,017,000 | 1,004,000 | 984,000 | 970,000 | 914,000 | 941,000 | 839,000 | 834,000 | 783,000 | 884,000 |
| Total current liabilities | US$ in thousands | 4,201,000 | 4,050,000 | 3,916,000 | 3,923,000 | 3,897,000 | 3,573,000 | 3,533,000 | 3,745,000 | 3,539,000 | 3,290,000 | 3,187,000 | 3,341,000 | 3,368,000 | 3,123,000 | 3,131,000 | 3,357,000 | 3,150,000 | 2,902,000 | 2,784,000 | 2,890,000 |
| Quick ratio | 0.45 | 0.45 | 0.47 | 0.55 | 0.50 | 0.51 | 0.50 | 0.52 | 0.50 | 0.52 | 0.51 | 0.52 | 0.47 | 0.42 | 0.41 | 0.27 | 0.30 | 0.33 | 0.41 | 0.42 |
September 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($532,000K
+ $—K
+ $1,340,000K)
÷ $4,201,000K
= 0.45
Peer comparison
Sep 30, 2025