Liberty Live Group (Liberty Live Group) Interest Coverage : 0 (At Loss) (As of Sep. 2023)

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What is Liberty Live Group Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Liberty Live Group's Operating Income for the six months ended in Sep. 2023 was $-5.00 Mil. Liberty Live Group's Interest Expense for the six months ended in Sep. 2023 was $-2.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Liberty Live Group's Interest Coverage or its related term are showing as below:

LLYVK's Interest Coverage is not ranked ^*
in the Media - Diversified industry.
Industry Median: 11.96
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Liberty Live Group Interest Coverage Historical Data

The historical data trend for Liberty Live Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Liberty Live Group Interest Coverage Chart

Liberty Live Group Annual Data

Trend

Dec23

Interest Coverage

Liberty Live Group Semi-Annual Data
	Sep23
Interest Coverage	-

Competitive Comparison of Liberty Live Group's Interest Coverage

For the Entertainment subindustry, Liberty Live Group's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Liberty Live Group's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Liberty Live Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Liberty Live Group's Interest Coverage falls into.

Liberty Live Group Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Liberty Live Group's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Liberty Live Group's Interest Expense was $-10.00 Mil. Its Operating Income was $-11.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,247.00 Mil.

Liberty Live Group did not have earnings to cover the interest expense.

Liberty Live Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Liberty Live Group's Interest Expense was $-2.00 Mil. Its Operating Income was $-5.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,161.00 Mil.

Liberty Live Group did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Liberty Live Group (NAS:LLYVK) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Liberty Live Group Interest Coverage Related Terms

Thank you for viewing the detailed overview of Liberty Live Group's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Liberty Live Group (Liberty Live Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty Live Group (NAS:LLYVK) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

LLYVB:USA LLYVA:USA LM0H:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

Liberty Live Group would be engaged in the operations of Live Nation, and Liberty Media's strategy for that group is to maximize the value of its investment in that company and the other assets attributed to the Liberty Live Group and to use the new Liberty Live common stock to make strategic acquisitions or for other capital raising initiatives.

Executives

Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET, OMAHA NE 68131
R. Ted Weschler,	other: Member of 10% owner group	404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Warren E Buffett	10 percent owner	3555 FARNAM ST, STE 1440, OMAHA NE 68131
Derek Chang	director	C/O CHARTER COMMUNICATIONS INC, 12405 POWERCOURT DR, ST LOUIS MO 63131
Renee L Wilm	officer: Chief Legal Officer	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Brian J Wendling	officer: SVP/Controller/PFO	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Trango Ii, L.l.c.	10 percent owner	610 WEST 5TH STREET, SUITE 600, AUSTIN TX 78701
Ancient Art, L.p.	10 percent owner	500 WEST 5TH STREET, SUITE 1110, AUSTIN TX 78701
Quincy J Lee	10 percent owner	425 SOLEDAD SUITE 500, SAN ANTONIO TX 78205
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Mark D Carleton	officer: Chief Financial Officer	12300 LIBERTY BLVD., ENGLEWOOD CO 80112

Liberty Live Group (Liberty Live Group) Headlines

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