Warner Music Group (WMG)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 9,829,000 | 9,777,000 | 9,568,000 | 9,146,000 | 9,155,000 | 8,830,000 | 8,731,000 | 8,991,000 | 8,545,000 | 8,150,000 | 8,010,000 | 8,129,000 | 7,828,000 | 7,699,000 | 7,781,000 | 8,015,000 | 7,211,000 | 7,040,000 | 6,830,000 | 6,943,000 |
| Total stockholders’ equity | US$ in thousands | 647,000 | 589,000 | 567,000 | 545,000 | 518,000 | 483,000 | 433,000 | 463,000 | 307,000 | 281,000 | 252,000 | 270,000 | 152,000 | 156,000 | 154,000 | 153,000 | 31,000 | 81,000 | 57,000 | 16,000 |
| Financial leverage ratio | 15.19 | 16.60 | 16.87 | 16.78 | 17.67 | 18.28 | 20.16 | 19.42 | 27.83 | 29.00 | 31.79 | 30.11 | 51.50 | 49.35 | 50.53 | 52.39 | 232.61 | 86.91 | 119.82 | 433.94 |
September 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,829,000K ÷ $647,000K
= 15.19
Peer comparison
Sep 30, 2025
Company name
Symbol
Financial leverage ratio
Warner Music Group
WMG
15.19
Walt Disney Company
DIS
1.80