SONG (Music Licensing) General and Admin. Expense: $48.0 Mil (TTM As of Jun. 2024)


What is Music Licensing General and Admin. Expense?

Music Licensing SONG +150.00% General and Admin. Expense is $48.0 Mil as of Jun. 2024.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Music Licensing's General and Admin. Expense for the three months ended in Jun. 2024 was $32.4 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2024 was $48.0 Mil.

Music Licensing General and Admin. Expense Related Terms

Music Licensing General and Admin. Expense Historical Data

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The historical data trend for Music Licensing's General and Admin. Expense 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.

Music Licensing General and Admin. Expense Chart

Music Licensing Annual Data
Trend Dec21 Dec22 Dec23
General and Admin. Expense
0.18 0.42 12.57

Music Licensing Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
General and Admin. Expense Get a 7-Day Free Trial 87.53 12.08 0.39 3.19 32.36

Music Licensing General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $48.0 Mil.

* 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.

What does a General and Admin. Expense of $48.0 Mil mean?
Music Licensing (SONG) has a General and Admin. Expense of $48.0 Mil as of Jun. 2024. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Music Licensing and its competitors.
Is Music Licensing's General and Admin. Expense too high?
Music Licensing's current General and Admin. Expense is $48.0 Mil.
How does Music Licensing's General and Admin. Expense compare to NFLX and DIS?
Music Licensing's General and Admin. Expense of $48.0 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for a Media - Diversified company?
A good General and Admin. Expense depends on the Media - Diversified industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Music Licensing and its competitors. Music Licensing's current General and Admin. Expense is $48.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Music Licensing stock overvalued right now?
Music Licensing (SONG) has a current General and Admin. Expense of $48.0 Mil. The current General and Admin. Expense is $48.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For Music Licensing (SONG), the current General and Admin. Expense is $48.0 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Music Licensing Business Description

Address 382 NE 191st Street, Miami, FL, USA, 33179
Music Licensing Inc is an operator of a public performance rights organization. The group is a music performing rights organization that represents songwriters, composers, and music publishers and issues public performance licenses to businesses. Its customers include television and radio stations, internet/streaming services, and mobile technologies, Satellite audio services like XM and Sirius, nightclubs, restaurants, bars, and other venues. The group generates revenue from monthly or annual license fees. The company licenses music to some of the prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, & many others.