Live Nation Entertainment (Live Nation Entertainment) Cash And Cash Equivalents : $6,232 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Live Nation Entertainment Cash And Cash Equivalents?

Live Nation Entertainment's quarterly cash and cash equivalents declined from Jun. 2023 ($7,128.87 Mil) to Sep. 2023 ($5,948.51 Mil) but then increased from Sep. 2023 ($5,948.51 Mil) to Dec. 2023 ($6,231.87 Mil).

Live Nation Entertainment's annual cash and cash equivalents increased from Dec. 2021 ($4,884.73 Mil) to Dec. 2022 ($5,606.46 Mil) and increased from Dec. 2022 ($5,606.46 Mil) to Dec. 2023 ($6,231.87 Mil).

Live Nation Entertainment Cash And Cash Equivalents Historical Data

The historical data trend for Live Nation Entertainment's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Live Nation Entertainment Cash And Cash Equivalents Chart

Live Nation Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

2,470.36

2,537.79

4,884.73

5,606.46

6,231.87

Live Nation Entertainment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															5,606.46	6,991.99	7,128.87	5,948.51	6,231.87

Live Nation Entertainment Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Live Nation Entertainment (NYSE:LYV) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Live Nation Entertainment Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Live Nation Entertainment's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Live Nation Entertainment (Live Nation Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Live Nation Entertainment Inc (NYSE:LYV) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

LYV:Mexico 3LN:Germany L1YV34:Brazil

Address

9348 Civic Center Drive, Beverly Hills, CA, USA, 90210

Website

https://www.livenationentertainment.com

Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.

Executives

Joe Berchtold	officer: Chief Operating Officer	C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Jeffrey T. Hinson	director	3721 POTOMAC AVE., DALLAS TX 75205
Michael Rowles	officer: EVP & General Counsel	C/O LIVE NATION, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Richard A. Paul	director	80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Jimmy Iovine	director	C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Michael Rapino	director, officer: Chief Executive Officer	9348 CIVIC CENTER DRIVE, FOURTH FLOOR, BEVERLY HILLS CA 90210
Brian Capo	officer: Chief Accounting Officer	C/O LIVE NATION, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
James S Kahan	director	175 E HOUSTON STREET, --, SAN ANTONIO TX 78205-2233
John Hopmans	officer: EVP, M&A and Strategic Finance	C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Latriece Watkins	director	C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Elizabeth Kathleen Willard	officer: Chief Accounting Officer	2000 WEST LOOP SOUTH, SUITE 1300, HOUSTON TX 77027
Chad Hollingsworth	director	6262 SUNSET DRIVE, MIAMI FL 33143
Ping Fu	director	C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Ariel Emanuel	director	C/O SOURCE INTERLINK COMPANIES, INC., 27500 RIVERVIEW CENTER BLVD, SUITE 400, BONITA SPRINGS FL 34134
Enloe Robert Ted Iii	director	LEGGETT & PLATT, INCORPORATED, NO. 1 LEGGETT ROAD, CARTHAGE MO 64836