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Universal Music Group NV (XAMS:UMG) Long-Term Debt : €1,826 Mil (As of Dec. 2023)


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What is Universal Music Group NV Long-Term Debt?

Universal Music Group NV's Long-Term Debt for the quarter that ended in Dec. 2023 was €1,826 Mil.

Universal Music Group NV's quarterly Long-Term Debt increased from Dec. 2022 (€1,113 Mil) to Jun. 2023 (€1,830 Mil) but then declined from Jun. 2023 (€1,830 Mil) to Dec. 2023 (€1,826 Mil).

Universal Music Group NV's annual Long-Term Debt declined from Dec. 2021 (€2,277 Mil) to Dec. 2022 (€1,113 Mil) but then increased from Dec. 2022 (€1,113 Mil) to Dec. 2023 (€1,826 Mil).


Universal Music Group NV Long-Term Debt Historical Data

The historical data trend for Universal Music Group NV's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Universal Music Group NV Long-Term Debt Chart

Universal Music Group NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Debt
Get a 7-Day Free Trial 1.00 2,369.00 2,277.00 1,113.00 1,826.00

Universal Music Group NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,277.00 3,003.00 1,113.00 1,830.00 1,826.00

Universal Music Group NV  (XAMS:UMG) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.


Universal Music Group NV Long-Term Debt Related Terms

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Universal Music Group NV (XAMS:UMG) Business Description

Traded in Other Exchanges
Address
Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW
Universal Music Group is the largest of the three major global record labels with Sony Music in second and Warner Music in third. Universal's larger segment, recorded music, consists of iconic labels like Interscope, Capitol Music, Decca, EMI, and Motown and popular artists such as Drake, Taylor Swift, J Balvin, and Luke Bryan. Universal Music Publishing Group owns and administers almost 4 million compositions and is the second-largest music publisher behind Sony. Universal Music was spun out of Vivendi in September 2021, with 60% distributed to Vivendi shareholders, 20% to Tencent, 10% to Pershing Square Capital, and 10% remaining at Vivendi.

Universal Music Group NV (XAMS:UMG) Headlines

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