Warner Music Group Corp. (WMG) Balance sheet

Market cap

$14.7B

P/E ratio

	2012/09	2013/09	2014/09	2015/09	2016/09	2017/09	2018/09	2019/09	2020/09	2021/09	2022/09	2023/09	2024/09	2025/09
Cash and cash equivalents	302	155	157	246	359	647	514	619	553	499	584	641	694	532
Total cash & short-term investments	302	155	157	246	359	647	514	619	553	499	584	641	694	532
Accounts receivable, net	398	511	383	349	329	404	447	775	771	839	984	1,120	1,255	1,340
Inventories	28	33	39	42	41	39	42	74	79	99	108	126	99	62
Total current assets	939	894	782	879	908	1,275	1,176	1,691	1,678	1,896	2,139	2,402	2,643	2,770
Property, plant and equipment, net	152	180	227	220	203	213	229	300	331	364	415	458	481	441
Total non-current assets	-	-	-	-	-	-	-	-	-	632	641	703	706	651
Total assets	5,278	6,252	5,954	5,671	5,369	5,718	5,344	6,017	6,410	7,211	7,828	8,545	9,155	9,829
Accounts payable	156	280	215	173	204	208	281	260	264	302	268	300	289	257
Long-term debt, current	-	13	13	13	-	-	-	-	-	-	-	-	-	-
Total current liabilities	1,606	2,000	1,885	1,857	1,842	2,100	2,373	2,819	2,720	3,150	3,368	3,539	3,897	4,201
Long-term debt, non-current	2,206	2,854	3,017	2,981	2,812	2,811	2,819	2,974	3,104	3,346	3,732	3,964	4,014	4,063
Total liabilities	4,334	5,509	5,564	5,432	5,159	5,410	5,664	6,286	6,455	7,165	7,660	8,115	8,480	9,072
Retained earnings	-143	-	-649	-740	-715	-654	-1,272	-1,177	-1,749	-1,710	-1,477	-1,387	-1,313	-1,331
Stockholders' equity	944	743	390	239	210	308	-320	-269	-45	46	168	430	675	757
Working capital