Universal Music Group N.V. Working Capital to Net Assets Ratio
Universal Music Group N.V. working capital to net assets ratio. Universal Music Group N.V. (UMG) has a Working Capital to Net Assets ratio of -53.7% as of June 2025. Working capital of €-2.64 Billion (current assets of €4.54 Billion minus current liabilities of €7.17 Billion) is measured against net assets of €4.91 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Universal Music Group N.V. (2017–2024)
Working capital to net assets ratio of Universal Music Group N.V. from 2017 to 2024. This chart shows how Universal Music Group N.V.'s Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at -53.7%, reflecting working capital of €-2.64 Billion against net assets of €4.91 Billion EUR. See UMG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Universal Music Group N.V. Working Capital to Net Assets Ratio by Year (2017–2024)
Universal Music Group N.V. working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Universal Music Group N.V. from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see UMG total asset value.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -67.0% | €-3.05 Billion | €4.55 Billion | €4.57 Billion | €7.62 Billion | ▲ +7.1 pp |
| 2023 | -74.1% | €-2.21 Billion | €2.98 Billion | €4.06 Billion | €6.27 Billion | ▲ +49.9 pp |
| 2022 | -124.0% | €-2.92 Billion | €2.35 Billion | €3.60 Billion | €6.52 Billion | ▼ -22.6 pp |
| 2021 | -101.4% | €-2.06 Billion | €2.03 Billion | €3.33 Billion | €5.39 Billion | ▼ -11.5 pp |
| 2020 | -89.8% | €-1.47 Billion | €1.63 Billion | €3.54 Billion | €5.01 Billion | ▼ -44.3 pp |
| 2019 | -45.5% | €-1.36 Billion | €2.98 Billion | €2.77 Billion | €4.13 Billion | ▼ -25.4 pp |
| 2018 | -20.1% | €-602.00 Million | €3.00 Billion | €3.25 Billion | €3.85 Billion | ▼ -2.7 pp |
| 2017 | -17.4% | €-534.00 Million | €3.08 Billion | €3.25 Billion | €3.78 Billion | — |