SONG (Music Licensing) Long-Term Debt: $17.3 Mil (As of Jun. 2024)


What is Music Licensing Long-Term Debt?

Music Licensing SONG +62.79% Long-Term Debt is $17.3 Mil as of Jun. 2024.

Music Licensing's Long-Term Debt for the quarter that ended in Jun. 2024 was $17.3 Mil.

Music Licensing's quarterly Long-Term Debt increased from Dec. 2023 ($12.3 Mil) to Mar. 2024 ($14.9 Mil) and increased from Mar. 2024 ($14.9 Mil) to Jun. 2024 ($17.3 Mil).

Music Licensing's annual Long-Term Debt stayed the same from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($0.0 Mil) but then increased from Dec. 2022 ($0.0 Mil) to Dec. 2023 ($12.3 Mil).

Music Licensing  (OTCPK:SONG) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Music Licensing Long-Term Debt Related Terms

Music Licensing Long-Term Debt Historical Data

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The historical data trend for Music Licensing's Long-Term 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.

Music Licensing Long-Term Debt Chart

Music Licensing Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Debt
0.00 0.00 12.31

Music Licensing Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Long-Term Debt Get a 7-Day Free Trial 0.00 12.05 12.31 14.92 17.32
Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $17.3 Mil mean?
Music Licensing (SONG) has a Long-Term Debt of $17.3 Mil as of Jun. 2024.
Is Music Licensing's Long-Term Debt too high?
Music Licensing's current Long-Term Debt is $17.3 Mil.
How does Music Licensing's Long-Term Debt compare to NFLX and DIS?
Music Licensing's Long-Term Debt of $17.3 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 Long-Term Debt for a Media - Diversified company?
A good Long-Term Debt depends on the Media - Diversified industry context. However, Long-Term Debt 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 Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Music Licensing's current Long-Term Debt is $17.3 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 Long-Term Debt of $17.3 Mil. The current Long-Term Debt is $17.3 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Music Licensing (SONG), the current Long-Term Debt is $17.3 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.