The company's capital structure has undergone a massive transformation, with total assets expanding to $15.9 billion by 2026Q1, though this is heavily weighted by $7.0 billion in goodwill.
| Total Current Assets | 1.96B | 629.46M | 325M | 305M | 0 | 0 |
| Cash & Short-Term Investments | 1.33B | 1.05B | 325M | 305M | 0 | 0 |
| Cash Only | 1.33B | 1.05B | 325M | 305M | 0 | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 262M | 31.67M | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | 25.04 | 30.27 | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - |
| Other Current Assets | 363M | -457.21M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 13.94B | 1.26B | 898M | 857M | 667M | 664M |
| Property, Plant & Equipment | 1.1B | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | 4.10x | - | - | - | - | - |
| Goodwill | 6.96B | 0 | 2.62B | 0 | 0 | 0 |
| Intangible Assets | 4.96B | 245.97M | 1.37B | 0 | 0 | 0 |
| Long-Term Investments | 2.15B | 822.14M | 458M | 333M | 181M | 115M |
| Other Non-Current Assets | 389M | 191.31M | -3.76B | 357M | 486M | 549M |
| Total Assets | 15.89B | 1.89B | 1.22B | 1.16B | 667M | 664M |
| Asset Turnover | 0.24x | 0.20x | - | - | - | - |
| Asset Growth % | 2545.64% | 54.45% | 5.25% | 74.21% | 0.45% | - |
| Total Current Liabilities | 1.45B | 1.9B | 3M | 80M | 0 | 645M |
| Accounts Payable | 0 | 11.52M | 3M | 2M | 0 | 1M |
| Days Payables Outstanding | 0.78 | 12.69 | - | - | - | - |
| Short-Term Debt | 53M | 1.67B | 0 | 70M | 0 | 644M |
| Deferred Revenue (Current) | 2.06B | 155M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 581M | 63.66M | 0 | 8M | 0 | 0 |
| Current Ratio | 1.35x | 0.33x | 108.33x | 3.81x | - | - |
| Quick Ratio | 1.35x | 0.33x | 108.33x | 3.81x | - | - |
| Cash Conversion Cycle | 24.26 | - | - | - | - | - |
| Total Non-Current Liabilities | 6.03B | 19.31M | 1.56B | 1.25B | 920M | 1.33B |
| Long-Term Debt | 0 | 0 | 1.56B | 1.25B | 920M | 1.33B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 1.3B | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 5.39B | 19.31M | 1M | 0 | 0 | 0 |
| Total Liabilities | 7.49B | 1.92B | 1.56B | 1.33B | 920M | 1.98B |
| Total Debt | 53M | 1.67B | 1.56B | 1.32B | 920M | 1.98B |
| Net Debt | -1.28B | 611.55M | 1.23B | 1.01B | 920M | 1.98B |
| Debt / Equity | 0.01x | - | - | - | - | - |
| Debt / EBITDA | 0.20x | - | - | - | - | - |
| Net Debt / EBITDA | -4.94x | - | - | - | - | - |
| Interest Coverage | 1.55x | -2.58x | -0.41x | -17.00x | - | - |
| Total Equity | 8.4B | -27.14M | -337M | -165M | -253M | -1.31B |
| Equity Growth % | 6489.7% | 91.95% | -104.24% | 34.78% | 80.73% | - |
| Book Value per Share | 37.48 | -0.30 | -3.67 | -1.80 | -2.76 | -14.32 |
| Total Shareholders' Equity | 7.73B | -49.08M | -359M | -188M | -278M | -1.34B |
| Common Stock | 2M | 919K | -359M | 0 | -278M | -1.34B |
| Retained Earnings | 7.84B | -437.09M | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -111M | -16.56M | 0 | 0 | 0 | 0 |
| Minority Interest | 674M | 21.95M | 22M | 23M | 25M | 25M |
Regulatory Antitrust Litigation Exposure
According to recent financial disclosures, LLYVK's total assets surged from $1.2 billion in 2024Q4 to $15.9 billion by 2026Q1, a dramatic shift primarily driven by the strategic consolidation of assets and the integration of new business units within the Liberty Media tracking stock ecosystem.
This rapid expansion in the asset base suggests a fundamental shift in the company's scale, likely reflecting the inclusion of significant equity stakes or newly acquired operating entities. Investors should monitor whether this growth in assets translates into sustainable long-term value or if it merely increases the complexity of the balance sheet without improving underlying operational efficiency.
As reported in the 2026Q1 balance sheet, goodwill accounts for $7.0 billion of the company's $15.9 billion in total assets, indicating that a substantial portion of the firm's valuation is tied to intangible premiums paid during recent acquisitions rather than tangible property or equipment.
The heavy reliance on goodwill suggests that the company's asset quality is highly sensitive to the future performance of its acquired units. Should these businesses fail to meet growth expectations, the company may face significant impairment risks that could erode the equity base and negatively impact the perceived value of the tracking stock.
Based on reported figures, the current ratio has fluctuated wildly, moving from a high of 108.33 in 2024Q4 to 1.35 in 2026Q1, reflecting the lumpy nature of cash management and the impact of large-scale capital deployment activities on the company's short-term financial flexibility.
The extreme variance in liquidity metrics appears to be a byproduct of the company's event-driven business model and its tendency to hold significant cash reserves for potential acquisitions. While the current cash position of $1.3 billion provides a buffer, the inconsistent liquidity profile warrants caution regarding the company's ability to manage short-term obligations during periods of low event activity.
As indicated by historical filings, the company's equity position transitioned from a deficit of $359 million in 2024Q4 to a positive $7.7 billion by 2026Q1, a recovery that appears to be driven by significant capital restructuring and the revaluation of underlying equity interests.
The shift from negative to positive equity suggests that the company has successfully navigated a period of structural distress, though the reliance on non-operating adjustments to bolster the balance sheet remains a point of concern. Investors should investigate whether this equity growth is sustainable or if it remains vulnerable to the volatility inherent in the tracking stock's underlying asset valuations.
Quick answers to the most common questions about buying LLYVK stock.
As of 2025, Liberty Live Group (LLYVK) had total assets of $1.89B including $629.5M in current assets.
Liberty Live Group (LLYVK) carries total debt of $1.67B, offset by $1.05B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Liberty Live Group (LLYVK) has total shareholders' equity (book value) of $-49.1M ($-0.30 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Liberty Live Group (LLYVK) reported a current ratio of 0.33x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.