Universal Music Group NV (UNVGY)
12.15
-0.10
(-0.82%)
USD |
OTCM |
Nov 13, 16:00
Universal Music Group Debt to Equity Ratio: 0.8895 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.8895 |
| December 31, 2023 | 0.7103 |
| June 30, 2023 | 1.081 |
| December 31, 2022 | 0.957 |
| Date | Value |
|---|---|
| June 30, 2022 | 1.734 |
| December 31, 2021 | 1.278 |
| June 30, 2021 | 1.962 |
| December 31, 2020 | 1.842 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.7103
Minimum
Dec 2023
1.962
Maximum
Jun 2021
1.307
Average
1.180
Median
Debt to Equity Ratio Benchmarks
| VEON Ltd | 4.763 |
| Nebius Group NV | 0.0022 |
| Koninklijke KPN NV | 1.765 |
| Prosus NV | 0.3894 |
| AFC Ajax NV | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 16.26B |
| Total Liabilities (Quarterly) | 12.53B |
| Shareholders Equity (Quarterly) | 3.676B |
| Current Ratio | 0.5849 |
| Net Debt Paydown Yield | -0.53% |