Warner Music Group Corp. (WMG)

Warner Music Group Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	802	694	641	584	499	553
Trading Asset Securities	15	-	2	2	-	-
Cash & Short-Term Investments	817	694	643	586	499	553
Cash Growth	8.36%	7.93%	9.73%	17.43%	-9.76%	-10.66%
Receivables	1,201	1,255	1,120	984	839	771
Inventory	84	99	126	108	99	79
Prepaid Expenses	141	125	100	89	86	55
Other Current Assets	473	470	413	372	373	220
Total Current Assets	2,716	2,643	2,402	2,139	1,896	1,678
Property, Plant & Equipment	712	706	703	641	632	604
Long-Term Investments	8	9	15	52	63	47
Goodwill	2,013	2,021	1,993	1,920	1,830	1,831
Other Intangible Assets	2,478	2,511	2,502	2,384	2,171	1,807
Long-Term Deferred Tax Assets	40	52	32	29	31	68
Other Long-Term Assets	1,179	1,213	898	663	588	375
Total Assets	9,146	9,155	8,545	7,828	7,211	6,410
Accounts Payable	189	289	300	268	302	264
Accrued Expenses	3,234	3,207	2,770	2,392	2,355	2,040
Current Portion of Leases	47	45	41	40	43	39
Current Unearned Revenue	312	246	371	423	348	297
Other Current Liabilities	141	110	57	245	102	80
Total Current Liabilities	3,923	3,897	3,539	3,368	3,150	2,720
Long-Term Debt	3,955	4,014	3,964	3,732	3,368	3,142
Long-Term Leases	222	228	255	241	287	299
Long-Term Deferred Tax Liabilities	209	195	216	220	207	163
Other Long-Term Liabilities	140	146	141	99	153	131
Total Liabilities	8,449	8,480	8,115	7,660	7,165	6,455
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	2,091	2,077	2,015	1,975	1,942	1,907
Retained Earnings	-1,171	-1,313	-1,387	-1,477	-1,710	-1,749
Comprehensive Income & Other	-376	-247	-322	-347	-202	-222
Total Common Equity	545	518	307	152	31	-63
Minority Interest	152	157	123	16	15	18
Shareholders' Equity	697	675	430	168	46	-45
Total Liabilities & Equity	9,146	9,155	8,545	7,828	7,211	6,410
Total Debt	4,224	4,287	4,260	4,013	3,698	3,480
Net Cash (Debt)	-3,407	-3,593	-3,617	-3,427	-3,199	-2,927
Net Cash Per Share	-6.58	-6.94	-7.01	-6.66	-6.23	-5.80
Filing Date Shares Outstanding	520.36	517.99	516	514.85	514.54	510.03
Total Common Shares Outstanding	519.68	517.94	516	514.85	514.39	510.03
Working Capital	-1,207	-1,254	-1,137	-1,229	-1,254	-1,042
Book Value Per Share	1.05	1.00	0.59	0.30	0.06	-0.12
Tangible Book Value	-3,946	-4,014	-4,188	-4,152	-3,970	-3,701
Tangible Book Value Per Share	-7.59	-7.75	-8.12	-8.06	-7.72	-7.26
Land	-	11	11	11	12	12
Buildings	-	216	194	188	185	179
Machinery	-	737	669	518	493	431
Construction In Progress	-	132	107	159	93	64

Source: S&P Capital IQ. Standard template. Financial Sources.