Live Nation Entertainment (Live Nation Entertainment) Cash-to-Debt

: 0.74 (As of Dec. 2023)

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

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Live Nation Entertainment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.74.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Live Nation Entertainment couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LYV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 0.67 Max: 0.84
Current: 0.74

During the past 13 years, Live Nation Entertainment's highest Cash to Debt Ratio was 0.84. The lowest was 0.39. And the median was 0.67.

LYV's Cash-to-Debt is ranked worse than
57.71% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.26 vs LYV: 0.74

Live Nation Entertainment Cash-to-Debt Historical Data

The historical data trend for Live Nation Entertainment's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Live Nation Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.51

0.39

0.66

0.73

0.74

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-to-Debt																0.73	0.83	0.85	0.71	0.74

Competitive Comparison

For the Entertainment subindustry, Live Nation Entertainment's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt Distribution

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

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

Live Nation Entertainment Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	6231.866	/	(1292.807	+	7145.117)
	=	0.74

Live Nation Entertainment's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	6231.866	/	(1292.807	+	7145.117)
	=	0.74

Live Nation Entertainment (NYSE:LYV) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Live Nation Entertainment Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Live Nation Entertainment's Cash-to-Debt 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-to-Debt

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