Universal Music Group NV (XAMS:UMG) Total Liabilities

: €9,892 Mil (As of Jun. 2023)

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Universal Music Group NV's Total Liabilities for the quarter that ended in Jun. 2023 was €9,892 Mil.

Universal Music Group NV's quarterly Total Liabilities declined from Jun. 2022 (€10,870.00 Mil) to Dec. 2022 (€9,287.00 Mil) but then increased from Dec. 2022 (€9,287.00 Mil) to Jun. 2023 (€9,892.00 Mil).

Universal Music Group NV's annual Total Liabilities increased from Dec. 2020 (€9,906.00 Mil) to Dec. 2021 (€10,064.00 Mil) but then declined from Dec. 2021 (€10,064.00 Mil) to Dec. 2022 (€9,287.00 Mil).

Universal Music Group NV Total Liabilities Historical Data

The historical data trend for Universal Music Group NV's Total Liabilities 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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Universal Music Group NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Liabilities

5,450.00

5,845.00

9,906.00

10,064.00

9,287.00

Universal Music Group NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Liabilities					9,186.00	10,064.00	10,870.00	9,287.00	9,892.00

Universal Music Group NV Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Universal Music Group NV's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	6520	+	(1459	+	1308
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	9,287

Total Liabilities	=	Total Assets (A: Dec. 2022 )	-	Total Equity (A: Dec. 2022 )
	=	11639	-	2352
	=	9,287

Universal Music Group NV's Total Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	6216	+	(2149	+	1527
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	9,892

Total Liabilities	=	Total Assets (Q: Jun. 2023 )	-	Total Equity (Q: Jun. 2023 )
	=	12451	-	2559
	=	9,892

Universal Music Group NV Total Liabilities Related Terms

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Universal Music Group NV (XAMS:UMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Universal Music Group NV (XAMS:UMG) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

UNVGY:USA UMGNF:USA UMGa:UK 0VD:Germany UMG:Austria

Address

Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW

Website

https://www.universalmusic.com

Universal Music Group is the largest of the three major global record labels with Sony Music in second and Warner Music in third. Universal's larger segment, recorded music, consists of iconic labels like Interscope, Capitol Music, Decca, EMI, and Motown and popular artists such as Drake, Taylor Swift, J Balvin, and Luke Bryan. Universal Music Publishing Group owns and administers almost 4 million compositions and is the second-largest music publisher behind Sony. Universal Music was spun out of Vivendi in September 2021, with 60% distributed to Vivendi shareholders, 20% to Tencent, 10% to Pershing Square Capital, and 10% remaining at Vivendi.

Universal Music Group NV (XAMS:UMG) Headlines

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