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Universal Music Group NV (WBO:UMG) Total Equity

: €2,559 Mil (As of Jun. 2023)
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Universal Music Group NV's total equity for the quarter that ended in Jun. 2023 was €2,559 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.


Universal Music Group NV Total Equity Historical Data

The historical data trend for Universal Music Group NV's Total 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.

Universal Music Group NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Equity
Premium Member Only 3,002.00 2,985.00 1,634.00 2,030.00 2,352.00

Universal Music Group NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,487.00 2,030.00 2,206.00 2,352.00 2,559.00

Universal Music Group NV Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

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

Total Equity=Total Assets(Q: Dec. 2022 )-Total Liabilities(Q: Dec. 2022 )
=11639-9287
=2,352

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

Total Equity=Total Assets(Q: Jun. 2023 )-Total Liabilities(Q: Jun. 2023 )
=12451-9892
=2,559

* 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.


Universal Music Group NV Total Equity Related Terms

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Universal Music Group NV (WBO:UMG) Business Description

Address
Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW
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 (WBO:UMG) Headlines

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