Liberty Live Holdings, Inc. (LLYVA) Balance Sheet
LLYVA balance sheet, 2025
December 31, 2025 · U.S. dollars$1.89B assets = $1.92B liabilities + −$27.1M equity
Liabilities exceed assets: shareholders’ equity is negative (−$27.1M).
Both columns are drawn to the same scale: what LLYVA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LLYVA financial health
Descriptive bands, not a rating. Fiscal 2025.
LLYVA balance sheet trends, 2021–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $664.0M2021 | $1.89B2025 | +29.9%/yr | |
| Total liabilities | $1.98B2021 | $1.92B2025 | −0.8%/yr | |
| Shareholders’ equity | −$1.34B2021 | −$49.1M2025 | — | |
| Cash & short-term investments | $305.0M2023 | $1.05B2025 | +86.0%/yr | |
| Total debt | $1.98B2021 | $1.67B2025 | −4.2%/yr | |
| Net cash (debt) | −$1.98B2021 | −$611.5M2025 | +$1.4B | |
| Working capital | $225.0M2023 | −$1.27B2025 | −$1.5B | |
| Book value per share | −$14.592021 | −$0.532025 | — | |
| Current ratio | 3.812023 | 0.332025 | −3.48 | |
| Shares outstanding | 91.7M2021 | 91.8M2025 | +0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LLYVA assets
LLYVA liabilities and equity
LLYVA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LLYVA balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $1.05B | $325.0M | $305.0M | — | — |
| Cash & equivalents | $1.05B | $325.0M | $305.0M | — | — |
| Receivables | $31.7M | $20.1M | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | — | — |
| Total current assets | $629.5M | $325.0M | $305.0M | — | — |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $373.3M | $3.99B | $0 | $0 | $0 |
| Long-term investments | $786.3M | $458.0M | $333.0M | $0 | $0 |
| Other non-current assets | $99.7M | $0 | $524.0M | $667.0M | $664.0M |
| Total assets | $1.89B | $1.22B | $1.16B | $667.0M | $664.0M |
| Liabilities | |||||
| Accounts payable | $11.5M | $3.0M | $2.0M | — | $1.0M |
| Short-term debt | $1.67B | — | $70.0M | — | $644.0M |
| Deferred revenue | $155.0M | — | $1.0M | — | — |
| Total current liabilities | $1.90B | $3.0M | $80.0M | — | $645.0M |
| Long-term debt | $0 | $1.56B | $1.25B | $0 | $0 |
| Other long-term liabilities | $19.3M | $1.0M | $0 | $920.0M | $1.33B |
| Total liabilities | $1.92B | $1.56B | $1.33B | $920.0M | $1.98B |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $919,000 | −$359.0M | −$188.0M | −$278.0M | −$1.34B |
| Retained earnings (deficit) | −$437.1M | −$456.1M | — | — | — |
| Accumulated other comprehensive income | −$16.6M | — | — | — | — |
| Minority interest | $21.9M | $22.1M | $23.0M | — | — |
| Total shareholders' equity | −$49.1M | −$359.0M | −$188.0M | −$278.0M | −$1.34B |
| Key figures | |||||
| Total debt | $1.67B | $1.56B | $1.32B | $920.0M | $1.98B |
| Net cash (debt) | −$611.5M | −$1.23B | −$1.01B | −$920.0M | −$1.98B |
| Working capital | −$1.27B | $322.0M | $225.0M | — | — |
| Tangible book value | −$422.4M | −$4.35B | −$188.0M | −$278.0M | −$1.34B |
| Book value per share | −$0.53 | −$3.91 | −$2.05 | −$3.03 | −$14.59 |
| Shares outstanding | 91.8M | 91.8M | 91.8M | 91.7M | 91.7M |
| Current ratio | 0.33 | 108.33 | 3.81 | — | — |
| Quick ratio | 0.57 | 115.02 | 3.81 | — | 0.00 |
| Equity / assets | −2.6% | −29.4% | −16.2% | −41.7% | −201.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.47B | $1.33B | $38.1M | $1.59B | $308.0M | $314.0M | $325.0M | $388.0M | $406.0M | $298.0M | $305.0M | $315.0M |
| Cash & equivalents | $1.47B | $1.33B | $38.1M | $1.59B | $308.0M | $314.0M | $325.0M | $388.0M | $406.0M | $298.0M | $305.0M | $315.0M |
| Receivables | $36.3M | $31.2M | $30.4M | $303.0M | $1.0M | $1.0M | $20.1M | $0 | $0 | $614.0M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $593.8M | $561.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $652.5M | $1.96B | $629.5M | $1.65B | $309.0M | $315.0M | $325.0M | $388.0M | $406.0M | $298.0M | $305.0M | $315.0M |
| Property, plant & equipment (net) | $1.14B | $1.10B | $0 | $1.03B | $0 | $0 | $0 | $0 | $0 | $1.29B | $0 | $0 |
| Goodwill & intangible assets | $11.72B | $11.91B | $246.0M | $12.47B | $6.71B | $6.77B | $3.99B | $0 | $0 | $26.04B | $0 | $0 |
| Long-term investments | $733.3M | $671.9M | $786.3M | $0 | $589.0M | $479.0M | $458.0M | $448.0M | $345.0M | $1.64B | $333.0M | $397.0M |
| Other non-current assets | $0 | $252.1M | $227.1M | $1.97B | $0 | $0 | $0 | $419.0M | $249.0M | $0 | $524.0M | $479.0M |
| Total assets | $2.01B | $15.89B | $1.89B | $17.11B | $1.37B | $1.23B | $1.22B | $1.25B | $1.00B | $1.17B | $1.16B | $1.19B |
| Liabilities | ||||||||||||
| Accounts payable | $12.5M | $8.5M | $11.5M | — | — | $0 | $3.0M | $0 | $0 | $1.23B | $2.0M | $2.0M |
| Short-term debt | $72.0M | $53.0M | $1.67B | $1.92B | $1.77B | — | — | $55.0M | $67.0M | $74.0M | $70.0M | $65.0M |
| Deferred revenue | $1.12B | $819.0M | $155.0M | $1.09B | — | $1.01B | — | — | — | $1.16B | $1.0M | — |
| Total current liabilities | $2.60B | $1.45B | $1.90B | $3.53B | $1.77B | $1.45B | $3.0M | $55.0M | $73.0M | $88.0M | $80.0M | $69.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $1.58B | $1.56B | $1.38B | $1.24B | $10.05B | $1.25B | $1.16B |
| Other long-term liabilities | $21.1M | $6.03B | $19.3M | $6.21B | $90.0M | $1.0M | $1.0M | $1.0M | $0 | $0 | $0 | $0 |
| Total liabilities | $2.62B | $7.49B | $1.92B | $9.73B | $1.86B | $1.58B | $1.56B | $1.44B | $1.15B | $1.43B | $1.33B | $1.23B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $920,000 | $2.0M | $919,000 | $2.0M | $2.0M | −$374.0M | −$359.0M | −$206.0M | −$170.0M | −$282.0M | −$188.0M | −$62.0M |
| Retained earnings (deficit) | −$999.9M | $7.84B | −$453.6M | $7.44B | — | — | −$456.1M | — | — | — | — | — |
| Accumulated other comprehensive income | −$27.8M | −$111.0M | −$16.6M | −$67.0M | — | — | — | — | — | — | — | — |
| Minority interest | $21.9M | $21.9M | $21.9M | — | $22.0M | $22.0M | — | — | — | — | — | — |
| Total shareholders' equity | −$625.7M | $7.73B | −$49.1M | $7.38B | −$511.0M | −$374.0M | −$359.0M | −$206.0M | −$170.0M | −$282.0M | −$188.0M | −$62.0M |
| Key figures | ||||||||||||
| Total debt | $72.0M | $53.0M | $1.67B | $1.92B | $1.77B | $1.58B | $1.56B | $1.44B | $1.30B | $1.42B | $1.32B | $1.23B |
| Net cash (debt) | $1.39B | $1.28B | −$1.63B | −$327.0M | −$1.46B | −$1.27B | −$1.23B | −$1.05B | −$897.0M | −$1.12B | −$1.01B | −$911.0M |
| Working capital | −$1.94B | $504.0M | −$1.27B | −$1.88B | −$1.46B | −$1.13B | $322.0M | $333.0M | $333.0M | $210.0M | $225.0M | $246.0M |
| Tangible book value | −$12.35B | −$4.18B | −$295.1M | −$5.09B | −$7.22B | −$7.14B | −$4.35B | −$206.0M | −$170.0M | −$26.32B | −$188.0M | −$62.0M |
| Book value per share | −$6.80 | $84.08 | −$0.53 | $80.31 | −$5.56 | −$4.07 | −$3.91 | −$2.25 | −$1.85 | −$3.07 | −$2.05 | −$0.68 |
| Shares outstanding | 92.0M | 92.0M | 91.8M | 91.8M | 91.8M | 91.8M | 91.7M | 91.7M | 92.0M | 92.0M | 91.8M | 91.7M |
| Current ratio | 0.25 | 1.35 | 0.33 | 0.47 | 0.17 | 0.22 | 108.33 | 7.05 | 5.56 | 3.39 | 3.81 | 4.57 |
| Quick ratio | 0.58 | 0.94 | 0.04 | 0.54 | 0.17 | 0.22 | 115.02 | 7.05 | 5.56 | 10.36 | 3.81 | 4.57 |
| Debt / equity | — | 0.01 | — | 0.26 | — | — | — | — | — | — | — | — |
| Equity / assets | −31.1% | 48.6% | −2.6% | 43.1% | −37.3% | −30.4% | −29.4% | −16.4% | −17.0% | −24.0% | −16.2% | −5.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
LLYVA financial position
At the end of fiscal 2025 (December 31, 2025), Liberty Live had total assets of $1.9 billion (up 54.4% from a year earlier), total liabilities of $1.9 billion and shareholders' equity of -$49.1 million. It held $1.1 billion in cash and short-term investments against $1.7 billion of debt, net debt of $611.5 million. Its current ratio was 0.33. In the latest quarter (ended June 30, 2026) total assets were $2.0 billion and equity -$625.7 million.
Related: LLYVA income statement, LLYVA cash flow statement, LLYVA key metrics. See the LLYVA stock overview for the latest quote and news.
LLYVA balance sheet FAQ
What are Liberty Live's total assets?
Liberty Live reported total assets of $1.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.2 billion a year earlier.
How much debt does Liberty Live have?
Liberty Live had $1.7 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was —.
How much cash does Liberty Live have?
Liberty Live held $1.1 billion in cash and short-term investments at the end of fiscal 2025; with $1.7 billion of debt that is net debt of $611.5 million.
What is Liberty Live's book value?
Liberty Live's shareholders' equity (book value) was -$49.1 million at the end of fiscal 2025, or −$0.53 per share.
What is Liberty Live's current ratio?
Liberty Live had current assets of $629.5 million and current liabilities of $1.9 billion, a current ratio of 0.33 (current liabilities exceed current assets).
How much goodwill does Liberty Live have?
Liberty Live carried $373.3 million of goodwill and intangible assets, 19.8% of total assets, at the end of fiscal 2025.