LIVE NATION ENT
LIVE NATION ENT operates in Diversified Metals & Mining.
LIVE NATION ENT (3LN) - Net Assets
Latest net assets as of September 2024: €1.95 Billion EUR
Based on the latest financial reports, LIVE NATION ENT (3LN) has net assets worth €1.95 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€19.75 Billion) and total liabilities (€17.79 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.95 Billion |
| % of Total Assets | 9.89% |
| Annual Growth Rate | 1.34% |
| 5-Year Change | 1.16% |
| 10-Year Change | N/A |
| Growth Volatility | 79.27 |
LIVE NATION ENT - Net Assets Trend (2016–2023)
This chart illustrates how LIVE NATION ENT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LIVE NATION ENT (2016–2023)
The table below shows the annual net assets of LIVE NATION ENT from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €1.48 Billion | +93.94% |
| 2022-12-31 | €763.56 Million | +110.08% |
| 2021-12-31 | €363.47 Million | +162.06% |
| 2020-12-31 | €138.70 Million | -90.53% |
| 2019-12-31 | €1.46 Billion | +9.03% |
| 2018-12-31 | €1.34 Billion | -5.32% |
| 2017-12-31 | €1.42 Billion | +5.09% |
| 2016-12-31 | €1.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LIVE NATION ENT's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 133449200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.39 Billion | % |
| Total Equity | €-17.15 Million | 100.00% |
LIVE NATION ENT Competitors by Market Cap
The table below lists competitors of LIVE NATION ENT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Galera Therapeutics Inc
PINK:GRTX
|
$1.25 Million |
|
Sparinvest SICAV Glob Ethical HY DKK R H
CO:SSIGEHYDKKRH
|
$1.25 Million |
|
BK OF MONTREAL
MU:BZZ
|
$1.25 Million |
|
Badlands Resources Inc
PINK:BDLNF
|
$1.25 Million |
|
Mentiga Corporation Bhd
KLSE:5223
|
$1.25 Million |
|
D R HORTON - Dusseldorf Stock Exchang
DU:HO2
|
$1.25 Million |
|
EVOL.ENERGY MIN.LTD
F:P77
|
$1.25 Million |
|
Nickelsearch Ltd
AU:NIS
|
$1.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LIVE NATION ENT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -367,569,000 to -17,148,000, a change of 350,421,000.
- Net income of 563,280,000 contributed positively to equity growth.
- Other factors decreased equity by 212,859,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €563.28 Million | +3284.81% |
| Other Changes | €-212.86 Million | -1241.31% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares LIVE NATION ENT's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €5.68 | €123.15 | x |
| 2018-12-31 | €5.23 | €123.15 | x |
| 2019-12-31 | €5.36 | €123.15 | x |
| 2020-12-31 | €-2.16 | €123.15 | x |
| 2021-12-31 | €-2.59 | €123.15 | x |
| 2022-12-31 | €-1.59 | €123.15 | x |
| 2023-12-31 | €-0.07 | €123.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LIVE NATION ENT utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.48%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (1.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.26% | 0.04% | 1.24x | 6.01x | €-109.66 Million |
| 2017 | -0.51% | -0.06% | 1.38x | 6.35x | €-124.13 Million |
| 2018 | 5.48% | 0.56% | 1.27x | 7.73x | €-49.65 Million |
| 2019 | 6.10% | 0.61% | 1.05x | 9.58x | €-44.69 Million |
| 2020 | 0.00% | -92.66% | 0.18x | 0.00x | €-1.68 Billion |
| 2021 | 0.00% | -10.38% | 0.44x | 0.00x | €-592.64 Million |
| 2022 | 0.00% | 1.77% | 1.01x | 0.00x | €332.74 Million |
| 2023 | 0.00% | 2.48% | 1.19x | 0.00x | €564.99 Million |
Industry Comparison
This section compares LIVE NATION ENT's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LIVE NATION ENT (3LN) | €1.95 Billion | 0.26% | 9.11x | $1.25 Million |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |