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Live Nation Entertainment (LTS:0JVD) Debt-to-Revenue : 0.33 (As of Jun. 2024)


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What is Live Nation Entertainment Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Live Nation Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1,309 Mil. Live Nation Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $6,722 Mil. Live Nation Entertainment's annualized Revenue for the quarter that ended in Jun. 2024 was $24,094 Mil. Live Nation Entertainment's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 was 0.33.


Live Nation Entertainment Debt-to-Revenue Historical Data

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

Live Nation Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 3.47 1.19 0.46 0.37

Live Nation Entertainment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.26 0.36 0.53 0.33

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

For the Entertainment subindustry, Live Nation Entertainment's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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-Revenue Distribution in the Media - Diversified Industry

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

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



Live Nation Entertainment Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

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

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1292.807 + 7145.117) / 22749.073
=0.37

Live Nation Entertainment's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1309.179 + 6722.127) / 24093.664
=0.33

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Jun. 2024) Revenue data.


Live Nation Entertainment Debt-to-Revenue Related Terms

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Live Nation Entertainment Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to 373 venues worldwide at the end of 2023, which the firm says makes it the second-largest operator of music venues globally. In 2023, Live Nation promoted more than 50,000 events, drawing more than 145 million fans. Ticketmaster is a dominant global ticketing service, selling more than 620 million tickets in 2023.

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