Universal Music Group NV (XAMS:UMG) Other Long Term Assets : €2,144 Mil (As of Dec. 2023)

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What is Universal Music Group NV Other Long Term Assets?

Universal Music Group NV's other long-term assets for the quarter that ended in Dec. 2023 was €2,144 Mil.

Universal Music Group NV's quarterly other long-term assets increased from Dec. 2022 (€1,202 Mil) to Jun. 2023 (€1,835 Mil) and increased from Jun. 2023 (€1,835 Mil) to Dec. 2023 (€2,144 Mil).

Universal Music Group NV's annual other long-term assets declined from Dec. 2021 (€2,111 Mil) to Dec. 2022 (€1,202 Mil) but then increased from Dec. 2022 (€1,202 Mil) to Dec. 2023 (€2,144 Mil).

Universal Music Group NV Other Long Term Assets Historical Data

The historical data trend for Universal Music Group NV's Other Long Term Assets 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 Other Long Term Assets Chart

Universal Music Group NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Long Term Assets

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1,558.00

2,448.00

2,111.00

1,202.00

2,144.00

Universal Music Group NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Long Term Assets	Get a 7-Day Free Trial					2,111.00	1,268.00	1,202.00	1,835.00	2,144.00

Universal Music Group NV Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Universal Music Group NV (XAMS:UMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Universal Music Group NV (XAMS:UMG) » Definitions » Other Long Term Assets

Comparable Companies

Traded in Other Exchanges

UNVGY:USA UMGNF:USA UMGa:UK 0VD:Germany UMG:Austria

Address

Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW

Website

https://www.universalmusic.com

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.

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