SONG (Music Licensing) Total Equity: $1.2 Mil (As of Jun. 2024)


What is Music Licensing Total Equity?

Music Licensing SONG -60.00% Total Equity is $1.2 Mil as of Jun. 2024.

Music Licensing's total equity for the quarter that ended in Jun. 2024 was $1.2 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.

Music Licensing Total Equity Historical Data

* Premium members only.

The historical data trend for Music Licensing'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.

Music Licensing Total Equity Chart

Music Licensing Annual Data
Trend Dec21 Dec22 Dec23
Total Equity
0.01 3.50 49.58

Music Licensing Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Equity Get a 7-Day Free Trial 45.45 40.01 49.58 26.37 1.23

Music Licensing Total Equity Calculation

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

Music Licensing's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=62.299-12.719
=49.6

Music Licensing's Total Equity for the quarter that ended in Jun. 2024 is calculated as

Total Equity=Total Assets(Q: Jun. 2024 )-Total Liabilities(Q: Jun. 2024 )
=19.053-17.819
=1.2

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $1.2 Mil mean?
Music Licensing (SONG) has a Total Equity of $1.2 Mil as of Jun. 2024. The total amount of equity as record on a company's balance sheet. View historical data for Music Licensing and its competitors.
Is Music Licensing's Total Equity too high?
Music Licensing's current Total Equity is $1.2 Mil.
How does Music Licensing's Total Equity compare to NFLX and DIS?
Music Licensing's Total Equity of $1.2 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 Total Equity for a Media - Diversified company?
A good Total Equity depends on the Media - Diversified industry context. However, Total Equity 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 Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Music Licensing and its competitors. Music Licensing's current Total Equity is $1.2 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 Total Equity of $1.2 Mil. The current Total Equity is $1.2 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Music Licensing (SONG), the current Total Equity is $1.2 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.