WMGWarner Music Group Corp.
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain. Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -54% · now 17% below its 52-week high.
Unless marked, from SEC EDGAR, as of Sep 30, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can WMG take a bad year?
Warner Music Group Corp. carries $4.09B of net debt at 3.23× EBITDA: a load its earnings can carry.
Net debt · as at Q3 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.23×
Net debt / EBITDA · 3.84× a year ago · the load is coming down
- Altman Z-score
- 1.46
Altman Z-score · distress zone, below 1.8
- Interest cover
- 5.52×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ3 2026
- $4.71B
- Cash and short-term investments
- $618M
- Net debt
- $4.09B
- EBITDA, trailing twelve months
- $1.27B
- Operating profit, trailing twelve months
- $1.00B
- Debt / equity
- 5.51×
- Total debt / EBITDA
- 3.72×
- Annualised volatilitytwo years of daily moves
- 32%
- Worst drawdown on file
- −54%
- Below its 52-week high
- 17%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.