Live Nation Entertainment (LTS:0JVD) Cash And Cash Equivalents : $6,502 Mil (As of Mar. 2024)

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What is Live Nation Entertainment Cash And Cash Equivalents?

Live Nation Entertainment's quarterly cash and cash equivalents increased from Sep. 2023 ($5,948.51 Mil) to Dec. 2023 ($6,231.87 Mil) and increased from Dec. 2023 ($6,231.87 Mil) to Mar. 2024 ($6,501.71 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.

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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

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2,470.36

2,537.79

4,884.73

5,606.46

6,231.87

Live Nation Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															6,991.99	7,128.87	5,948.51	6,231.87	6,501.71

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 (LTS:0JVD) 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

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Live Nation Entertainment (LTS:0JVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Live Nation Entertainment Inc (LTS:0JVD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

LYV:USA 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.

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