Warner Music Group Corp. financial data

Symbol
WMG on Nasdaq
Industry
Services-Amusement & Recreation Services
Location
1633 Broadway, New York, NY
State of incorporation
DE
Fiscal year end
September 30
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 69.2 % +1.23%
Quick Ratio 2.93 % -12.3%
Debt-to-equity 1.95K % -40.2%
Return On Equity 96.4 % -42.6%
Return On Assets 6.22 % +17.3%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 4.4B USD -20%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.38B USD +7.3%
Costs and Expenses 5.52B USD +5.22%
Operating Income (Loss) 892M USD +20.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 762M USD +30.5%
Income Tax Expense (Benefit) 178M USD +19.5%
Net Income (Loss) Attributable to Parent 546M USD +28.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 607M USD +1.17%
Accounts Receivable, after Allowance for Credit Loss, Current 1.22B USD +9.79%
Inventory, Net 92M USD -20.7%
Assets, Current 2.48B USD +7.16%
Deferred Income Tax Assets, Net 29M USD +7.41%
Property, Plant and Equipment, Net 464M USD +2.2%
Operating Lease, Right-of-Use Asset 226M USD -10.3%
Intangible Assets, Net (Excluding Goodwill) 2.46B USD +4.86%
Goodwill 2B USD +2.09%
Other Assets, Noncurrent 329M USD +57.4%
Assets 8.83B USD +8.34%
Accounts Payable, Current 200M USD -19.7%
Accrued Liabilities, Current 499M USD +18.2%
Contract with Customer, Liability, Current 168M USD -25.7%
Liabilities, Current 3.57B USD +8.6%
Deferred Income Tax Liabilities, Net 251M USD +22.4%
Operating Lease, Liability, Noncurrent 232M USD -12.1%
Other Liabilities, Noncurrent 161M USD +54.8%
Liabilities 8.2B USD +4.38%
Accumulated Other Comprehensive Income (Loss), Net of Tax -311M USD -12.3%
Retained Earnings (Accumulated Deficit) -1.26B USD +13.1%
Stockholders' Equity Attributable to Parent 483M USD +71.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 635M USD +112%
Liabilities and Equity 8.83B USD +8.34%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 293M USD +40.2%
Net Cash Provided by (Used in) Financing Activities -93M USD -32.9%
Net Cash Provided by (Used in) Investing Activities -92M USD -820%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 113M USD -16.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 607M USD +1.17%
Interest Paid, Excluding Capitalized Interest, Operating Activities 178M USD +20.3%
Deferred Tax Assets, Valuation Allowance 25M USD -13.8%
Deferred Tax Assets, Gross 315M USD +2.61%
Operating Lease, Liability 296M USD +5.34%
Depreciation 99M USD +20.7%
Payments to Acquire Property, Plant, and Equipment 29M USD +38.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 512M USD +19.9%
Lessee, Operating Lease, Liability, to be Paid 362M USD +9.7%
Property, Plant and Equipment, Gross 981M USD +12%
Operating Lease, Liability, Current 43M USD +4.88%
Lessee, Operating Lease, Liability, to be Paid, Year Two 55M USD +5.77%
Lessee, Operating Lease, Liability, to be Paid, Year One 56M USD +7.69%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +21.1%
Deferred Income Tax Expense (Benefit) 5M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 66M USD +34.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 49M USD 0%
Unrecognized Tax Benefits 13M USD +62.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 49M USD +14%
Amortization of Intangible Assets 224M USD -11.5%
Depreciation, Depletion and Amortization 81M USD -3.57%
Deferred Tax Assets, Net of Valuation Allowance 290M USD +4.32%