Warner Music (WMG) Interest Coverage Ratio (2010 - 2013)
Warner Music's (WMG) quarterly Interest Coverage Ratio came in at 0.76 in Q3 2013, down 203.7% year-over-year from 0.73 in Q3 2012, and down 546.06% quarter-over-quarter from 0.17 in Q2 2013.
Analysis
Warner Music (WMG) Interest Coverage Ratio (2010 - 2013) Analysis & Trends
Warner Music (WMG) has reported Interest Coverage Ratio for 4 consecutive years, with 0.76 the latest figure, recorded in Q3 2013.
- On a quarterly basis, Interest Coverage Ratio fell 203.7% year-over-year to 0.76 in Q3 2013; TTM through Sep 2013 was 0.37, a 23.74% decrease from a year earlier, with the FY2013 full-year figure at 0.37, down 23.74% from the prior year.
- Interest Coverage Ratio was 0.76 for Q3 2013 at Warner Music, down from 0.17 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.16 in Q1 2013 and troughed at 0.76 in Q3 2013.
- A 4-year average of 0.38 and a median of 0.39 in 2012 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio jumped 1078.72% in 2011 and slumped 203.7% in 2013, its largest moves.
- Over 4 years, Interest Coverage Ratio stood at 0.57 in 2010, then gained by 19.1% to 0.68 in 2011, then surged by 40.64% to 0.96 in 2012, then tumbled by 178.9% to 0.76 in 2013.
- The last three Interest Coverage Ratio figures came in at 0.76 (Q3 2013), 0.17 (Q2 2013), and 1.16 (Q1 2013), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Music | 10.57 Bn | 9.95 Bn | 854.00 Mn | - |
| 2 | Reservoir Media | 580.60 Mn | 566.94 Mn | 26.69 Mn | 0.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2013 | -0.76 |
| Jun 30, 2013 | 0.17 |
| Mar 31, 2013 | 1.16 |
| Dec 31, 2012 | 0.96 |
| Sep 30, 2012 | 0.73 |
| Jun 30, 2012 | 0.13 |
| Mar 31, 2012 | 0.39 |
| Dec 31, 2011 | 0.68 |
| Jun 30, 2011 | 0.21 |
| Mar 31, 2011 | 0.34 |
| Dec 31, 2010 | 0.57 |
| Sep 30, 2010 | 0.43 |
| Jun 30, 2010 | -0.02 |