Live Nation Entertainment (LTS:0JVD) Debt-to-Equity : -69.85 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Live Nation Entertainment Debt-to-Equity?

Live Nation Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,297 Mil. Live Nation Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6,725 Mil. Live Nation Entertainment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-115 Mil. Live Nation Entertainment's debt to equity for the quarter that ended in Mar. 2024 was -69.85.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Live Nation Entertainment's Debt-to-Equity or its related term are showing as below:

LTS:0JVD' s Debt-to-Equity Range Over the Past 10 Years
Min: -492.07 Med: 1.64 Max: 37.97
Current: -69.85

During the past 13 years, the highest Debt-to-Equity Ratio of Live Nation Entertainment was 37.97. The lowest was -492.07. And the median was 1.64.

LTS:0JVD's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.28 vs LTS:0JVD: -69.85

Live Nation Entertainment Debt-to-Equity Historical Data

The historical data trend for Live Nation Entertainment's Debt-to-Equity 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 Debt-to-Equity Chart

Live Nation Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

4.19

-13.70

-12.80

-20.94

-492.07

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
Debt-to-Equity	Get a 7-Day Free Trial															-18.23	-44.90	37.97	-492.07	-69.85

Competitive Comparison of Live Nation Entertainment's Debt-to-Equity

For the Entertainment subindustry, Live Nation Entertainment's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Live Nation Entertainment's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Live Nation Entertainment's Debt-to-Equity falls into.

Live Nation Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Live Nation Entertainment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1292.807	+	7145.117)	/	-17.148
	=	-492.06

Live Nation Entertainment's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1296.634	+	6724.588)	/	-114.832
	=	-69.85

Live Nation Entertainment (LTS:0JVD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Live Nation Entertainment Debt-to-Equity Related Terms

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

Live Nation Entertainment (LTS:0JVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Live Nation Entertainment Inc (LTS:0JVD) » Definitions » Debt-to-Equity

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.

Live Nation Entertainment (LTS:0JVD) Headlines

No Headlines