Warner Music Group (WMG) - Total Assets
Based on the latest financial reports, Warner Music Group (WMG) holds total assets worth $10.61 Billion USD as of March 2026. 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. Explore cash flow to debt ratio of Warner Music Group to assess how comfortably operating cash covers total debt obligations.
Warner Music Group - Total Assets Trend (2000–2025)
This chart illustrates how Warner Music Group's total assets have evolved over time, based on quarterly financial data. See net assets of Warner Music Group for net asset value and shareholders' equity analysis.
Warner Music Group - Asset Composition Analysis
Current Asset Composition (September 2025)
Warner Music Group's total assets of $10.61 Billion consist of 28.2% current assets and 71.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.4% |
| Accounts Receivable | $1.34 Billion | 13.6% |
| Inventory | $62.00 Million | 0.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.73 Billion | 27.7% |
| Goodwill | $2.06 Billion | 21.0% |
Asset Composition Trend (2000–2025)
This chart illustrates how Warner Music Group'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. For live market cap, price, and company overview, see market value of Warner Music Group.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Warner Music Group's current assets represent 28.2% of total assets in 2025, an increase from 1.6% in 2000.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2025, up from 1.6% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 47.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 27.7% of total assets.
Warner Music Group Competitors by Total Assets
Key competitors of Warner Music Group based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Walt Disney Company DRC
BA:DISN
|
Argentina | AR$202.09 Billion |
|
Compagnie de l'Odet
PA:ODET
|
France | €22.91 Billion |
|
Cinemark Holdings Inc
NYSE:CNK
|
USA | $4.44 Billion |
|
Zhejiang Huace Film TV Co
SHE:300133
|
China | CN¥12.33 Billion |
|
Tips Music Limited
NSE:TIPSMUSIC
|
India | Rs3.62 Billion |
|
MD Pictures Tbk PT
JK:FILM
|
Indonesia | Rp3.76 Trillion |
|
Huayi Brothers Media Corp
SHE:300027
|
China | CN¥2.16 Billion |
|
Beijing Hualu Baina Film TV
SHE:300291
|
China | CN¥2.73 Billion |
Warner Music Group - 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 | 0.73 | 0.66 | 0.60 |
| Quick Ratio | 0.71 | 0.64 | 0.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.20 Billion | $-1.32 Billion | $-1.17 Billion |
Warner Music Group - Advanced Valuation Insights
This section examines the relationship between Warner Music Group'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 | 23.58 |
| Latest Market Cap to Assets Ratio | 0.40 |
| Asset Growth Rate (YoY) | 7.4% |
| Total Assets | $9.83 Billion |
| Market Capitalization | $3.88 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Warner Music Group's assets below their book value (0.40x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Warner Music Group's assets grew by 7.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Warner Music Group (2000–2025)
The table below shows the annual total assets of Warner Music Group from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $9.83 Billion | +7.36% |
| 2024-09-30 | $9.15 Billion | +7.14% |
| 2023-09-30 | $8.54 Billion | +9.16% |
| 2022-09-30 | $7.83 Billion | +8.56% |
| 2021-09-30 | $7.21 Billion | +12.50% |
| 2020-09-30 | $6.41 Billion | +6.53% |
| 2019-09-30 | $6.02 Billion | +12.59% |
| 2018-09-30 | $5.34 Billion | -6.54% |
| 2017-09-30 | $5.72 Billion | +7.18% |
| 2016-09-30 | $5.33 Billion | -5.09% |
| 2015-09-30 | $5.62 Billion | -5.59% |
| 2014-09-30 | $5.95 Billion | -4.77% |
| 2013-09-30 | $6.25 Billion | +18.45% |
| 2012-09-30 | $5.28 Billion | -1.90% |
| 2011-09-30 | $5.38 Billion | +42.37% |
| 2010-09-30 | $3.78 Billion | -6.99% |
| 2009-09-30 | $4.06 Billion | -9.23% |
| 2008-09-30 | $4.48 Billion | -2.10% |
| 2007-09-30 | $4.57 Billion | +1.15% |
| 2006-09-30 | $4.52 Billion | +0.49% |
| 2005-09-30 | $4.50 Billion | -11.63% |
| 2004-09-30 | $5.09 Billion | +13.51% |
| 2003-09-30 | $4.48 Billion | -21.04% |
| 2002-09-30 | $5.68 Billion | -16.37% |
| 2000-09-30 | $6.79 Billion | -- |
About Warner Music Group
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; m… Read more