LIVE NATION ENT
LIVE NATION ENT operates in Diversified Metals & Mining.
LIVE NATION ENT (3LN) - Total Assets
Latest total assets as of September 2024: €19.75 Billion EUR
Based on the latest financial reports, LIVE NATION ENT (3LN) holds total assets worth €19.75 Billion EUR as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
LIVE NATION ENT - Total Assets Trend (2016–2023)
This chart illustrates how LIVE NATION ENT’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
LIVE NATION ENT - Asset Composition Analysis
Current Asset Composition (December 2023)
LIVE NATION ENT's total assets of €19.75 Billion consist of 50.2% current assets and 49.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 32.7% |
| Accounts Receivable | €2.07 Billion | 10.9% |
| Inventory | €45.14 Million | 0.2% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.54 Billion | 8.1% |
| Goodwill | €2.69 Billion | 14.1% |
Asset Composition Trend (2016–2023)
This chart illustrates how LIVE NATION ENT's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: LIVE NATION ENT's current assets represent 50.2% of total assets in 2023, an increase from 39.5% in 2016.
- Cash Position: Cash and equivalents constituted 32.7% of total assets in 2023, up from 22.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, a decrease from 42.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 14.1% of total assets.
LIVE NATION ENT Competitors by Total Assets
Key competitors of LIVE NATION ENT based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
LIVE NATION ENT - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - LIVE NATION ENT generates 1.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, LIVE NATION ENT generates $ 2.95 in net profit.
LIVE NATION ENT - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.01 | 1.14 | 1.02 |
| Quick Ratio | 1.01 | 1.14 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €94.58 Million | € 1.26 Billion | € 85.30 Million |
LIVE NATION ENT - Advanced Valuation Insights
This section examines the relationship between LIVE NATION ENT's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 15.9% |
| Total Assets | €19.07 Billion |
| Market Capitalization | $1.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values LIVE NATION ENT's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: LIVE NATION ENT's assets grew by 15.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for LIVE NATION ENT (2016–2023)
The table below shows the annual total assets of LIVE NATION ENT from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €19.07 Billion | +15.88% |
| 2022-12-31 | €16.46 Billion | +14.29% |
| 2021-12-31 | €14.40 Billion | +36.01% |
| 2020-12-31 | €10.59 Billion | -3.52% |
| 2019-12-31 | €10.98 Billion | +29.17% |
| 2018-12-31 | €8.50 Billion | +13.23% |
| 2017-12-31 | €7.50 Billion | +10.94% |
| 2016-12-31 | €6.76 Billion | -- |