Warner Music Group Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Warner Music Group Corp.'s balance sheet done over the years? Its assets were worth $9,155,000,000 last year, which is more than in the previous period. 93% of Warner Music Group Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $8,480,000,000, which means an increase by 4% compared compared to last year.
Debt to Assets
| 2015 | 5621000000 | 5.38B | 95.75% |
|---|---|---|---|
| 2016 | 5335000000 | 5.12B | 96.06% |
| 2017 | 5718000000 | 5.41B | 94.61% |
| 2018 | 5344000000 | 5.66B | 105.99% |
| 2019 | 6017000000 | 6.28B | 104.47% |
| 2020 | 6410000000 | 6.45B | 100.7% |
| 2021 | 7211000000 | 7.16B | 99.36% |
| 2022 | 7828000000 | 7.66B | 97.85% |
| 2023 | 8545000000 | 8.11B | 94.97% |
| 2024 | 9155000000 | 8.48B | 92.63% |
WMG Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 694M | 641M | 584M | 499M | 553M | 619M | 514M | 647M | 359M | 246M |
Short term investments | 0 | 2M | 2M | -394M | 0 | -206M | 0 | 0 | 0 | 0 |
Net receivables | 1.25B | 1.12B | 984M | 839M | 771M | 775M | 447M | 404M | 329M | 349M |
Inventory | 99M | 126M | 108M | 99M | 79M | 74M | 42M | 39M | 41M | 42M |
Other current assets | 595M | 515M | 91M | 86M | 55M | 53M | 50M | 185M | 51M | 190M |
Total current assets | 2.64B | 2.40B | 2.13B | 1.89B | 1.67B | 1.69B | 1.17B | 1.27B | 908M | 827M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 706M | 703M | 641M | 632M | 604M | 300M | 229M | 213M | 203M | 220M |
Goodwill | 2.02B | 1.99B | 1.92B | 1.83B | 1.83B | 1.76B | 1.69B | 1.68B | 1.62B | 1.63B |
Intangible assets | 2.35B | 2.50B | 2.38B | 2.17B | 1.80B | 1.87B | 2.00B | 2.20B | 2.31B | 2.63B |
Long term investments | 0 | 688M | 503M | 457M | 269M | 208M | 153M | 172M | 196M | 0 |
Other non-current assets | 1.37B | 225M | 212M | 194M | 153M | 145M | 78M | 69M | 82M | 309M |
Total non-current assets | 6.51B | 6.14B | 5.68B | 5.31B | 4.73B | 4.32B | 4.16B | 4.44B | 4.42B | 4.79B |
Total assets | 9.15B | 8.54B | 7.82B | 7.21B | 6.41B | 6.01B | 5.34B | 5.71B | 5.33B | 5.62B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 246M | 371M | 423M | 348M | 297M | 180M | 208M | 197M | 178M | 206M |
Short term debt | 45M | 41M | 40M | 43M | 39M | 2.09B | 1.85B | 0 | 1.43B | -1.42B |
Total current liabilities | 3.89B | 3.53B | 3.36B | 3.15B | 2.72B | 2.81B | 2.37B | 2.1B | 1.84B | 1.85B |
| Non-current liabilities: | ||||||||||
Long term debt | 4.24B | 4.21B | 3.97B | 3.63B | 3.40B | 2.97B | 2.81B | 2.81B | 2.77B | 2.98B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 146M | 141M | 99M | 175M | 169M | 321M | 307M | 309M | 236M | 242M |
Total non-current liabilities | 4.58B | 4.57B | 4.29B | 4.01B | 3.73B | 3.46B | 3.29B | 3.31B | 3.28B | 3.52B |
Total liabilities | 8.48B | 8.11B | 7.66B | 7.16B | 6.45B | 6.28B | 5.66B | 5.41B | 5.12B | 5.38B |
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