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


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What is Music Licensing Total Equity?

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

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.

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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.

Music Licensing Total Equity Related Terms

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Music Licensing Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Licensing Inc (OTCPK:SONG) » Definitions » Total Equity
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Traded in Other Exchanges
N/A
Address
3811 Airport Pulling Rd N, Suite 203, Naples, FL, USA, 34105-2512
Website
https://www.promusicrights.com
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.