Universal Music Group N.V.

Universal Music Group N.V.verified

UNVGY

Price:

$12.82

Market Cap:

$42.74B

Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical compositions used in recordings, public performances, and related uses, such as films and advertisements. The Merchandising & Other segment produces and sells artist and other branded products...[Read more]

Industry

Entertainment

IPO Date

2021-11-09

Stock Exchange

PNK

Ticker

UNVGY

The Current Ratio as of October 2024 (TTM) for Universal Music Group N.V. (UNVGY) is 0.58

According to Universal Music Group N.V.’s latest financial reports and current stock price. The company's current Current Ratio is 0.58. This represents a change of -5.06% compared to the average of 0.62 of the last 4 quarters.

Universal Music Group N.V. (UNVGY) Historical Current Ratio (quarterly & annually)

How has UNVGY Current Ratio performed in the past?

The mean historical Current Ratio of Universal Music Group N.V. over the last ten years is 0.69. The current 0.58 Current Ratio has changed 8.39% with respect to the historical average. Over the past ten years (40 quarters), UNVGY's Current Ratio was at its highest in in the March 2022 quarter at 0.79. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

0.69

Median

0.65

Minimum

0.55

Maximum

0.86

Universal Music Group N.V. (UNVGY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Universal Music Group N.V. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 17.08%

Maximum Annual Current Ratio = 0.86

Minimum Annual Increase = -20.40%

Minimum Annual Current Ratio = 0.55

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.6517.08%
20220.55-10.60%
20210.62-2.19%
20200.63-5.85%
20190.67-20.40%
20180.84-1.78%

Universal Music Group N.V. (UNVGY) Average Current Ratio

How has UNVGY Current Ratio performed in the past?

The current Current Ratio of Universal Music Group N.V. (UNVGY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.61

5-year avg

0.62

10-year avg

0.69

Universal Music Group N.V. (UNVGY) Current Ratio vs. Peers

How is UNVGY’s Current Ratio compared to its peers?

Universal Music Group N.V.’s Current Ratio is greater than Universal Media Group Inc. (0.00), less than Bolloré SE (1.02), greater than Reading International, Inc. (0.40), less than Warner Music Group Corp. (0.69), greater than Guild Esports Plc (0.29), less than New Wave Holdings Corp. (2.04), less than OverActive Media Corp. (2.16), less than Celtic plc (1.72), less than ZoomerMedia Limited (0.93), less than Vivendi SE (0.72), less than Reservoir Media, Inc. (1.28), less than The Liberty Braves Group (0.64), less than News Corporation (1.43), less than Formula One Group (1.68), less than Live Nation Entertainment, Inc. (0.92), greater than Madison Square Garden Sports Corp. (0.41), less than Formula One Group (1.68), less than World Wrestling Entertainment, Inc. (3.78),

Build a custom stock screener for Universal Music Group N.V. (UNVGY) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Universal Music Group N.V. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Universal Music Group N.V. (UNVGY) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Universal Music Group N.V. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Universal Music Group N.V.'s Current Ratio?

How is the Current Ratio calculated for Universal Music Group N.V. (UNVGY)?

What is the highest Current Ratio for Universal Music Group N.V. (UNVGY)?

What is the 3-year average Current Ratio for Universal Music Group N.V. (UNVGY)?

What is the 5-year average Current Ratio for Universal Music Group N.V. (UNVGY)?

How does the current Current Ratio for Universal Music Group N.V. (UNVGY) compare to its historical average?