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

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Music Licensing Total Stockholders Equity?

Music Licensing SONG Total Stockholders Equity is $1.2 Mil as of Jun. 2024.

Music Licensing's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $1.2 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Music Licensing's Book Value per Share for the quarter that ended in Jun. 2024 was $246.60. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Music Licensing's Debt-to-Equity for the quarter that ended in Jun. 2024 was 14.04.

Music Licensing  (OTCPK:SONG) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Music Licensing's Book Value per Share for the quarter that ended in Jun. 2024 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1.233-0)/0.005
=246.60

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Music Licensing's Debt-to-Equity for the quarter that ended in Jun. 2024 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 17.315) / 1.233
=14.04

* 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 Stockholders Equity Related Terms

Music Licensing Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Music Licensing's Total Stockholders 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 Stockholders Equity Chart

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

Music Licensing Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Stockholders Equity Get a 7-Day Free Trial 45.45 40.01 49.58 26.37 1.23
What does a Total Stockholders Equity of $1.2 Mil mean?
Music Licensing (SONG) has a Total Stockholders Equity of $1.2 Mil as of Jun. 2024. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Music Licensing and its competitors.
Is Music Licensing's Total Stockholders Equity too high?
Music Licensing's current Total Stockholders Equity is $1.2 Mil.
How does Music Licensing's Total Stockholders Equity compare to NFLX and DIS?
Music Licensing's Total Stockholders 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 Stockholders Equity for a Media - Diversified company?
A good Total Stockholders Equity depends on the Media - Diversified industry context. However, Total Stockholders 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 Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Music Licensing and its competitors. Music Licensing's current Total Stockholders 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 Stockholders Equity of $1.2 Mil. The current Total Stockholders Equity is $1.2 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Music Licensing (SONG), the current Total Stockholders 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.