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Warner Music Group
Buy, Hold or Sell?

Let's analyse Warner Music Group together

PenkeI guess you are interested in Warner Music Group. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Warner Music Group. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Warner Music Group (30 sec.)










What can you expect buying and holding a share of Warner Music Group? (30 sec.)

How much money do you get?

How much money do you get?
$0.67
When do you have the money?
1 year
How often do you get paid?
67.5%

What is your share worth?

Current worth
$1.19
Expected worth in 1 year
$1.84
How sure are you?
65.0%

+ What do you gain per year?

Total Gains per Share
$1.31
Return On Investment
4.0%

For what price can you sell your share?

Current Price per Share
$33.02
Expected price per share
$29.05 - $34.11
How sure are you?
50%

1. Valuation of Warner Music Group (5 min.)




Live pricePrice per Share (EOD)

$33.02

Intrinsic Value Per Share

$12.14 - $48.74

Total Value Per Share

$13.33 - $49.93

2. Growth of Warner Music Group (5 min.)




Is Warner Music Group growing?

Current yearPrevious yearGrowGrow %
How rich?$616m$198.7m$204m50.7%

How much money is Warner Music Group making?

Current yearPrevious yearGrowGrow %
Making money$116.7m$121.5m-$4.7m-4.1%
Net Profit Margin7.2%8.4%--

How much money comes from the company's main activities?

3. Financial Health of Warner Music Group (5 min.)




4. Comparing to competitors in the Entertainment industry (5 min.)




  Industry Rankings (Entertainment)  


Richest
#40 / 233

Most Revenue
#14 / 233

Most Profit
#11 / 233

What can you expect buying and holding a share of Warner Music Group? (5 min.)

Welcome investor! Warner Music Group's management wants to use your money to grow the business. In return you get a share of Warner Music Group.

What can you expect buying and holding a share of Warner Music Group?

First you should know what it really means to hold a share of Warner Music Group. And how you can make/lose money.

Speculation

The Price per Share of Warner Music Group is $33.02. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Warner Music Group.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Warner Music Group, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $1.19. Based on the TTM, the Book Value Change Per Share is $0.16 per quarter. Based on the YOY, the Book Value Change Per Share is $0.05 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.17 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Warner Music Group.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.310.9%0.300.9%0.401.2%0.200.6%0.110.3%
Usd Book Value Change Per Share0.371.1%0.160.5%0.050.2%0.070.2%0.000.0%
Usd Dividend Per Share0.170.5%0.170.5%0.160.5%0.140.4%0.120.4%
Usd Total Gains Per Share0.541.6%0.331.0%0.210.6%0.210.6%0.120.4%
Usd Price Per Share35.79-31.66-30.11-24.98-12.49-
Price to Earnings Ratio29.06-33.30-19.41--63.96--31.98-
Price-to-Total Gains Ratio65.71-128.99-165.34-226.78-226.78-
Price to Book Ratio30.01-44.51-80.63-57.07-28.53-
Price-to-Total Gains Ratio65.71-128.99-165.34-226.78-226.78-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share33.02
Number of shares30
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.170.14
Usd Book Value Change Per Share0.160.07
Usd Total Gains Per Share0.330.21
Gains per Quarter (30 shares)9.836.43
Gains per Year (30 shares)39.3325.72
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
120192917916
2403968341842
36058107512668
48077146683594
5100971858444120
612011622410153146
714013526311862172
816015530213571198
918017434115279224
1020019438016988250

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%17.03.00.085.0%26.014.00.065.0%36.041.00.046.8%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%12.08.00.060.0%16.023.01.040.0%23.053.01.029.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%27.00.013.067.5%46.00.031.059.7%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%18.02.00.090.0%26.014.00.065.0%39.038.00.050.6%

Fundamentals of Warner Music Group

About Warner Music Group

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.

Fundamental data was last updated by Penke on 2024-03-22 07:49:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Warner Music Group.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Warner Music Group earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Warner Music Group to the Entertainment industry mean.
  • A Net Profit Margin of 9.1% means that $0.09 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Warner Music Group:

  • The MRQ is 9.1%. The company is making a profit. +1
  • The TTM is 7.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.1%TTM7.2%+1.9%
TTM7.2%YOY8.4%-1.1%
TTM7.2%5Y3.2%+4.0%
5Y3.2%10Y1.9%+1.3%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ9.1%-0.1%+9.2%
TTM7.2%-2.1%+9.3%
YOY8.4%-3.0%+11.4%
5Y3.2%-10.3%+13.5%
10Y1.9%-8.2%+10.1%
1.1.2. Return on Assets

Shows how efficient Warner Music Group is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Warner Music Group to the Entertainment industry mean.
  • 1.8% Return on Assets means that Warner Music Group generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Warner Music Group:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.4%+0.4%
TTM1.4%YOY1.5%-0.2%
TTM1.4%5Y0.7%+0.7%
5Y0.7%10Y0.4%+0.2%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%0.1%+1.7%
TTM1.4%-0.1%+1.5%
YOY1.5%-0.4%+1.9%
5Y0.7%-0.8%+1.5%
10Y0.4%-0.5%+0.9%
1.1.3. Return on Equity

Shows how efficient Warner Music Group is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Warner Music Group to the Entertainment industry mean.
  • 34.3% Return on Equity means Warner Music Group generated $0.34 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Warner Music Group:

  • The MRQ is 34.3%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 35.2%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ34.3%TTM35.2%-0.8%
TTM35.2%YOY70.4%-35.3%
TTM35.2%5Y76.4%-41.2%
5Y76.4%10Y42.2%+34.2%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ34.3%0.9%+33.4%
TTM35.2%0.6%+34.6%
YOY70.4%-0.5%+70.9%
5Y76.4%-1.2%+77.6%
10Y42.2%-0.8%+43.0%

1.2. Operating Efficiency of Warner Music Group.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Warner Music Group is operating .

  • Measures how much profit Warner Music Group makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Warner Music Group to the Entertainment industry mean.
  • An Operating Margin of 16.4% means the company generated $0.16  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Warner Music Group:

  • The MRQ is 16.4%. The company is operating efficient. +1
  • The TTM is 13.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ16.4%TTM13.0%+3.4%
TTM13.0%YOY12.7%+0.3%
TTM13.0%5Y7.9%+5.1%
5Y7.9%10Y7.4%+0.4%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ16.4%4.0%+12.4%
TTM13.0%2.8%+10.2%
YOY12.7%1.6%+11.1%
5Y7.9%-4.3%+12.2%
10Y7.4%-2.3%+9.7%
1.2.2. Operating Ratio

Measures how efficient Warner Music Group is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Entertainment industry mean).
  • An Operation Ratio of 0.81 means that the operating costs are $0.81 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Warner Music Group:

  • The MRQ is 0.807. The company is less efficient in keeping operating costs low.
  • The TTM is 0.859. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.807TTM0.859-0.052
TTM0.859YOY0.879-0.021
TTM0.8595Y0.921-0.062
5Y0.92110Y0.935-0.014
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8071.309-0.502
TTM0.8591.288-0.429
YOY0.8791.265-0.386
5Y0.9211.412-0.491
10Y0.9351.254-0.319

1.3. Liquidity of Warner Music Group.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Warner Music Group is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Entertainment industry mean).
  • A Current Ratio of 0.70 means the company has $0.70 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Warner Music Group:

  • The MRQ is 0.699. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.694. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.699TTM0.694+0.005
TTM0.694YOY0.639+0.055
TTM0.6945Y0.632+0.062
5Y0.63210Y0.575+0.057
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6991.091-0.392
TTM0.6941.105-0.411
YOY0.6391.192-0.553
5Y0.6321.243-0.611
10Y0.5751.173-0.598
1.3.2. Quick Ratio

Measures if Warner Music Group is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Warner Music Group to the Entertainment industry mean.
  • A Quick Ratio of 0.52 means the company can pay off $0.52 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Warner Music Group:

  • The MRQ is 0.520. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.512. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.520TTM0.512+0.009
TTM0.512YOY0.454+0.057
TTM0.5125Y0.478+0.034
5Y0.47810Y0.502-0.024
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5200.535-0.015
TTM0.5120.589-0.077
YOY0.4540.712-0.258
5Y0.4780.730-0.252
10Y0.5020.777-0.275

1.4. Solvency of Warner Music Group.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Warner Music Group assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Warner Music Group to Entertainment industry mean.
  • A Debt to Asset Ratio of 0.93 means that Warner Music Group assets are financed with 93.1% credit (debt) and the remaining percentage (100% - 93.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Warner Music Group:

  • The MRQ is 0.931. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.953. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.931TTM0.953-0.021
TTM0.953YOY0.975-0.022
TTM0.9535Y0.991-0.038
5Y0.99110Y0.975+0.016
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9310.570+0.361
TTM0.9530.571+0.382
YOY0.9750.552+0.423
5Y0.9910.569+0.422
10Y0.9750.527+0.448
1.4.2. Debt to Equity Ratio

Measures if Warner Music Group is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Warner Music Group to the Entertainment industry mean.
  • A Debt to Equity ratio of 1,808.9% means that company has $18.09 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Warner Music Group:

  • The MRQ is 18.089. The company is unable to pay all its debts with equity. -1
  • The TTM is 25.798. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ18.089TTM25.798-7.709
TTM25.798YOY44.278-18.480
TTM25.7985Y59.943-34.145
5Y59.94310Y40.144+19.799
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ18.0891.228+16.861
TTM25.7981.228+24.570
YOY44.2781.117+43.161
5Y59.9431.282+58.661
10Y40.1441.257+38.887

2. Market Valuation of Warner Music Group

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Warner Music Group generates.

  • Above 15 is considered overpriced but always compare Warner Music Group to the Entertainment industry mean.
  • A PE ratio of 29.06 means the investor is paying $29.06 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Warner Music Group:

  • The EOD is 26.814. Based on the earnings, the company is overpriced. -1
  • The MRQ is 29.063. Based on the earnings, the company is overpriced. -1
  • The TTM is 33.304. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD26.814MRQ29.063-2.249
MRQ29.063TTM33.304-4.241
TTM33.304YOY19.411+13.894
TTM33.3045Y-63.957+97.262
5Y-63.95710Y-31.979-31.979
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD26.8140.020+26.794
MRQ29.0630.003+29.060
TTM33.304-0.473+33.777
YOY19.4113.289+16.122
5Y-63.9575.710-69.667
10Y-31.97912.636-44.615
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Warner Music Group:

  • The EOD is 20.797. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 22.542. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -4.208. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD20.797MRQ22.542-1.745
MRQ22.542TTM-4.208+26.749
TTM-4.208YOY117.501-121.709
TTM-4.2085Y20.416-24.624
5Y20.41610Y10.208+10.208
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD20.7971.617+19.180
MRQ22.5421.688+20.854
TTM-4.2080.285-4.493
YOY117.501-0.056+117.557
5Y20.4161.479+18.937
10Y10.2080.166+10.042
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Warner Music Group is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Entertainment industry mean).
  • A PB ratio of 30.01 means the investor is paying $30.01 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Warner Music Group:

  • The EOD is 27.684. Based on the equity, the company is expensive. -2
  • The MRQ is 30.007. Based on the equity, the company is expensive. -2
  • The TTM is 44.505. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD27.684MRQ30.007-2.322
MRQ30.007TTM44.505-14.499
TTM44.505YOY80.632-36.127
TTM44.5055Y57.068-12.562
5Y57.06810Y28.534+28.534
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD27.6841.302+26.382
MRQ30.0071.273+28.734
TTM44.5051.369+43.136
YOY80.6321.497+79.135
5Y57.0681.684+55.384
10Y28.5342.260+26.274
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Warner Music Group.

3.1. Institutions holding Warner Music Group

Institutions are holding 93.973% of the shares of Warner Music Group.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31FMR Inc2.7950.039814474588-59628-0.4103
2023-12-31Vanguard Group Inc2.25330.0091116696626848646.2347
2023-12-31Capital World Investors1.79950.05939319510165157121.5387
2023-12-31Darlington Partners Capital Management, LP1.057711.26715477378-278009-4.8304
2023-12-31BlackRock Inc1.01420.00485252443-261547-4.7433
2023-12-31Fidelity International Ltd1.00390.19555198892239723285.5647
2023-12-31Caledonia (Private) Investments Pty Ltd0.93413.6724837336-1066890-18.0699
2023-12-31Cooke & Bieler LP0.89571.46334638781-118918-2.4995
2023-12-31Millennium Management LLC0.76160.0611394428371790622.2512
2023-09-30Citadel Advisors Llc0.7430.025938477771876525.1269
2023-12-31Ako Capital Llp0.72021.89983729554169325983.1539
2023-12-31Capital Research & Mgmt Co - Division 30.5790.02412998663-76-0.0025
2023-12-31Harris Associates L.P.0.57250.18292964710-7730-0.2601
2023-12-31Southeastern Asset Management Inc0.54923.91312844099-608006-17.6126
2023-12-31Jackson Square Partners, LLC0.53953.24952794017-617229-18.0939
2023-12-31Geode Capital Management, LLC0.39820.00772062341872354.4167
2023-12-31Stephens Inv Mgmt Group LLC0.33640.91141742078-57915-3.2175
2023-12-31Fairview Capital Investment Management0.33073.6498171244038400.2247
2023-09-30Point72 Asset Management, L.P.0.280.13291450057811751127.1727
2023-12-31Massachusetts Financial Services Company0.26060.0156134937982020.6116
Total 17.824330.784792307988+5167564+5.6%

3.2. Funds holding Warner Music Group

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Capital Group New Perspective Comp0.75670.11073919041111504139.7661
2023-12-31American Funds New Perspective A0.75670.11073919041111504139.7661
2024-02-29Vanguard Total Stock Mkt Idx Inv0.75390.00883904559-8512-0.2175
2024-01-31Fidelity Global Technology A-Dis-EUR0.70850.6573669364-1595-0.0434
2023-12-31American Funds Fundamental Invs A0.62430.092532330392870009.7419
2023-12-31Capital Group Fundamental Invtrs Comp0.62430.092532330392870009.7419
2023-12-31American Funds Capital Income Bldr A0.56550.1012292886400
2024-01-31Fidelity VIP Growth Initial0.56181.1616290929800
2024-02-29Vanguard Mid Cap Index Institutional0.53810.06082786557-2612-0.0936
2024-01-31Fidelity Advisor Equity Growth I0.51471.13222665706-3772-0.1413
2023-11-30BGF World Technology A20.41180.69842132537-60294-2.7496
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr0.39530.07012047083126850.6235
2024-01-31Fidelity Capital Appreciation0.34081.0644176510000
2023-12-31Longleaf Partners0.33644.5541741955-434698-19.9709
2023-12-31Harris Assoc. Oakmark Eq & Inc CIT0.33470.957173330000
2023-12-31Oakmark Equity And Income Investor0.33470.9575173330000
2024-01-31Fidelity Growth Discovery0.28451.15611473546865006.2363
2023-12-31Capital Group New Economy Comp0.27020.1629139925400
2023-12-31American Funds New Economy A0.27020.1629139925400
2023-12-31Stephens SMID Select Growth0.26771.23461386145-55342-3.8392
Total 9.650814.545949979982+2336442+4.7%

3.3. Insider Transactions

Insiders are holding 7.094% of the shares of Warner Music Group.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-12-05Max LousadaSELL86900833.36

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Warner Music Group compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3720.161+131%0.053+598%0.073+407%-0.005+101%
Book Value Per Share--1.1930.777+53%0.384+211%0.169+606%0.320+273%
Current Ratio--0.6990.694+1%0.639+9%0.632+11%0.575+21%
Debt To Asset Ratio--0.9310.953-2%0.975-4%0.991-6%0.975-4%
Debt To Equity Ratio--18.08925.798-30%44.278-59%59.943-70%40.144-55%
Dividend Per Share--0.1720.166+4%0.156+10%0.141+22%0.121+42%
Eps--0.3080.301+2%0.401-23%0.197+57%0.108+185%
Free Cash Flow Per Share--0.3970.268+48%0.307+29%0.166+140%0.151+163%
Free Cash Flow To Equity Per Share--0.2170.100+118%0.148+47%0.098+122%0.059+265%
Gross Profit Margin---0.302-1.562+418%-0.872+189%7.844-104%5.762-105%
Intrinsic Value_10Y_max--48.737--------
Intrinsic Value_10Y_min--12.141--------
Intrinsic Value_1Y_max--1.449--------
Intrinsic Value_1Y_min--0.712--------
Intrinsic Value_3Y_max--6.971--------
Intrinsic Value_3Y_min--2.588--------
Intrinsic Value_5Y_max--15.649--------
Intrinsic Value_5Y_min--4.944--------
Market Cap4648489560.000-298%18484174980.00016404699300.850+13%15582847149.273+19%12962486155.742+43%6481243077.871+185%
Net Profit Margin--0.0910.072+26%0.084+9%0.032+186%0.019+391%
Operating Margin--0.1640.130+26%0.127+30%0.079+108%0.074+121%
Operating Ratio--0.8070.859-6%0.879-8%0.921-12%0.935-14%
Pb Ratio27.684-8%30.00744.505-33%80.632-63%57.068-47%28.534+5%
Pe Ratio26.814-8%29.06333.304-13%19.411+50%-63.957+320%-31.979+210%
Price Per Share33.020-8%35.79031.663+13%30.110+19%24.981+43%12.490+187%
Price To Free Cash Flow Ratio20.797-8%22.542-4.208+119%117.501-81%20.416+10%10.208+121%
Price To Total Gains Ratio60.625-8%65.710128.988-49%165.338-60%226.781-71%226.781-71%
Quick Ratio--0.5200.512+2%0.454+15%0.478+9%0.502+4%
Return On Assets--0.0180.014+29%0.015+14%0.007+163%0.004+310%
Return On Equity--0.3430.352-2%0.704-51%0.764-55%0.422-19%
Total Gains Per Share--0.5450.328+66%0.210+160%0.214+154%0.116+369%
Usd Book Value--616000000.000402750000.000+53%198750000.000+210%89150000.000+591%162725000.000+279%
Usd Book Value Change Per Share--0.3720.161+131%0.053+598%0.073+407%-0.005+101%
Usd Book Value Per Share--1.1930.777+53%0.384+211%0.169+606%0.320+273%
Usd Dividend Per Share--0.1720.166+4%0.156+10%0.141+22%0.121+42%
Usd Eps--0.3080.301+2%0.401-23%0.197+57%0.108+185%
Usd Free Cash Flow--205000000.000139250000.000+47%160250000.000+28%86200000.000+138%77200000.000+166%
Usd Free Cash Flow Per Share--0.3970.268+48%0.307+29%0.166+140%0.151+163%
Usd Free Cash Flow To Equity Per Share--0.2170.100+118%0.148+47%0.098+122%0.059+265%
Usd Market Cap4648489560.000-298%18484174980.00016404699300.850+13%15582847149.273+19%12962486155.742+43%6481243077.871+185%
Usd Price Per Share33.020-8%35.79031.663+13%30.110+19%24.981+43%12.490+187%
Usd Profit--159000000.000116750000.000+36%121500000.000+31%56950000.000+179%33450000.000+375%
Usd Revenue--1748000000.0001574250000.000+11%1448250000.000+21%1337000000.000+31%1098700000.000+59%
Usd Total Gains Per Share--0.5450.328+66%0.210+160%0.214+154%0.116+369%
 EOD+4 -4MRQTTM+32 -4YOY+30 -65Y+30 -610Y+29 -7

4.2. Fundamental Score

Let's check the fundamental score of Warner Music Group based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1526.814
Price to Book Ratio (EOD)Between0-127.684
Net Profit Margin (MRQ)Greater than00.091
Operating Margin (MRQ)Greater than00.164
Quick Ratio (MRQ)Greater than10.520
Current Ratio (MRQ)Greater than10.699
Debt to Asset Ratio (MRQ)Less than10.931
Debt to Equity Ratio (MRQ)Less than118.089
Return on Equity (MRQ)Greater than0.150.343
Return on Assets (MRQ)Greater than0.050.018
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Warner Music Group based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.013
Ma 20Greater thanMa 5033.635
Ma 50Greater thanMa 10034.995
Ma 100Greater thanMa 20034.421
OpenGreater thanClose33.440
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets8,991,000
Total Liabilities8,375,000
Total Stockholder Equity463,000
 As reported
Total Liabilities 8,375,000
Total Stockholder Equity+ 463,000
Total Assets = 8,991,000

Assets

Total Assets8,991,000
Total Current Assets2,616,000
Long-term Assets6,375,000
Total Current Assets
Cash And Cash Equivalents 754,000
Net Receivables 1,195,000
Inventory 106,000
Other Current Assets 108,000
Total Current Assets  (as reported)2,616,000
Total Current Assets  (calculated)2,163,000
+/- 453,000
Long-term Assets
Property Plant Equipment 708,000
Goodwill 2,015,000
Intangible Assets 2,541,000
Long-term Assets Other 325,000
Long-term Assets  (as reported)6,375,000
Long-term Assets  (calculated)5,589,000
+/- 786,000

Liabilities & Shareholders' Equity

Total Current Liabilities3,745,000
Long-term Liabilities4,630,000
Total Stockholder Equity463,000
Total Current Liabilities
Short-term Debt 43,000
Accounts payable 246,000
Other Current Liabilities 3,151,000
Total Current Liabilities  (as reported)3,745,000
Total Current Liabilities  (calculated)3,440,000
+/- 305,000
Long-term Liabilities
Long term Debt 4,004,000
Capital Lease Obligations 292,000
Long-term Liabilities Other 154,000
Long-term Liabilities  (as reported)4,630,000
Long-term Liabilities  (calculated)4,450,000
+/- 180,000
Total Stockholder Equity
Common Stock1,000
Retained Earnings -1,317,000
Accumulated Other Comprehensive Income -260,000
Other Stockholders Equity 2,039,000
Total Stockholder Equity (as reported)463,000
Total Stockholder Equity (calculated)463,000
+/-0
Other
Capital Stock1,000
Cash and Short Term Investments 754,000
Common Stock Shares Outstanding 516,462
Current Deferred Revenue305,000
Liabilities and Stockholders Equity 8,991,000
Net Debt 3,542,000
Net Invested Capital 4,467,000
Net Working Capital -1,129,000
Property Plant and Equipment Gross 1,259,000
Short Long Term Debt Total 4,296,000



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-31
> Total Assets 
5,023,000
4,742,000
4,521,000
4,498,000
4,575,000
4,464,000
4,483,000
4,520,000
4,544,000
4,492,000
4,554,000
4,572,000
4,599,000
4,532,000
4,519,000
4,476,000
4,465,000
4,257,000
3,989,000
4,063,000
3,934,000
3,752,000
3,655,000
3,779,000
3,604,000
3,617,000
3,583,000
5,380,000
5,372,000
5,304,000
5,163,000
5,278,000
5,199,000
5,108,000
4,890,000
6,252,000
6,288,000
6,130,000
6,116,000
5,954,000
5,854,000
5,666,000
5,664,000
5,621,000
5,613,000
5,485,000
5,494,000
5,335,000
5,340,000
5,304,000
5,479,000
5,718,000
5,875,000
5,782,000
5,764,000
5,344,000
5,946,000
5,902,000
5,955,000
6,017,000
6,314,000
6,124,000
6,148,000
6,410,000
6,943,000
6,830,000
7,040,000
7,211,000
8,015,000
7,781,000
7,699,000
7,828,000
8,129,000
8,010,000
8,150,000
8,545,000
8,991,000
8,991,0008,545,0008,150,0008,010,0008,129,0007,828,0007,699,0007,781,0008,015,0007,211,0007,040,0006,830,0006,943,0006,410,0006,148,0006,124,0006,314,0006,017,0005,955,0005,902,0005,946,0005,344,0005,764,0005,782,0005,875,0005,718,0005,479,0005,304,0005,340,0005,335,0005,494,0005,485,0005,613,0005,621,0005,664,0005,666,0005,854,0005,954,0006,116,0006,130,0006,288,0006,252,0004,890,0005,108,0005,199,0005,278,0005,163,0005,304,0005,372,0005,380,0003,583,0003,617,0003,604,0003,779,0003,655,0003,752,0003,934,0004,063,0003,989,0004,257,0004,465,0004,476,0004,519,0004,532,0004,599,0004,572,0004,554,0004,492,0004,544,0004,520,0004,483,0004,464,0004,575,0004,498,0004,521,0004,742,0005,023,000
   > Total Current Assets 
1,518,000
1,295,000
1,110,000
1,242,000
1,356,000
1,278,000
1,205,000
1,300,000
1,346,000
1,237,000
1,269,000
1,195,000
1,149,000
1,071,000
1,142,000
1,248,000
1,395,000
1,301,000
1,049,000
1,228,000
1,160,000
1,066,000
1,038,000
1,129,000
960,000
939,000
954,000
802,000
857,000
838,000
798,000
939,000
869,000
883,000
667,000
894,000
938,000
808,000
844,000
782,000
825,000
799,000
773,000
827,000
922,000
874,000
942,000
908,000
1,061,000
1,055,000
1,178,000
1,275,000
1,502,000
1,407,000
1,585,000
1,176,000
1,592,000
1,524,000
1,580,000
1,691,000
1,656,000
1,583,000
1,582,000
1,678,000
1,828,000
1,756,000
1,734,000
1,896,000
2,021,000
1,912,000
1,901,000
2,139,000
2,340,000
2,212,000
2,317,000
2,402,000
2,616,000
2,616,0002,402,0002,317,0002,212,0002,340,0002,139,0001,901,0001,912,0002,021,0001,896,0001,734,0001,756,0001,828,0001,678,0001,582,0001,583,0001,656,0001,691,0001,580,0001,524,0001,592,0001,176,0001,585,0001,407,0001,502,0001,275,0001,178,0001,055,0001,061,000908,000942,000874,000922,000827,000773,000799,000825,000782,000844,000808,000938,000894,000667,000883,000869,000939,000798,000838,000857,000802,000954,000939,000960,0001,129,0001,038,0001,066,0001,160,0001,228,0001,049,0001,301,0001,395,0001,248,0001,142,0001,071,0001,149,0001,195,0001,269,0001,237,0001,346,0001,300,0001,205,0001,278,0001,356,0001,242,0001,110,0001,295,0001,518,000
       Cash And Cash Equivalents 
306,000
447,000
265,000
288,000
278,000
359,000
306,000
367,000
327,000
362,000
396,000
333,000
160,000
249,000
338,000
411,000
549,000
658,000
345,000
384,000
339,000
383,000
400,000
439,000
263,000
319,000
290,000
154,000
168,000
272,000
219,000
302,000
189,000
294,000
102,000
155,000
129,000
149,000
142,000
157,000
145,000
218,000
168,000
246,000
278,000
316,000
345,000
359,000
455,000
476,000
567,000
647,000
776,000
612,000
905,000
514,000
548,000
470,000
541,000
619,000
462,000
484,000
532,000
553,000
566,000
588,000
442,000
499,000
450,000
385,000
345,000
584,000
720,000
601,000
600,000
641,000
754,000
754,000641,000600,000601,000720,000584,000345,000385,000450,000499,000442,000588,000566,000553,000532,000484,000462,000619,000541,000470,000548,000514,000905,000612,000776,000647,000567,000476,000455,000359,000345,000316,000278,000246,000168,000218,000145,000157,000142,000149,000129,000155,000102,000294,000189,000302,000219,000272,000168,000154,000290,000319,000263,000439,000400,000383,000339,000384,000345,000658,000549,000411,000338,000249,000160,000333,000396,000362,000327,000367,000306,000359,000278,000288,000265,000447,000306,000
       Short-term Investments 
0
0
22,000
21,000
22,000
61,000
29,000
18,000
10,000
-70,000
-79,000
146,000
-96,000
-201,000
-197,000
-185,000
-140,000
-209,000
-241,000
-332,000
-344,000
-360,000
-417,000
-454,000
-467,000
-491,000
190,000
195,000
197,000
183,000
175,000
167,000
183,000
170,000
170,000
2,811,000
2,806,000
2,544,000
2,523,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,000
0
02,0000000000000000000000000000000000000002,523,0002,544,0002,806,0002,811,000170,000170,000183,000167,000175,000183,000197,000195,000190,000-491,000-467,000-454,000-417,000-360,000-344,000-332,000-241,000-209,000-140,000-185,000-197,000-201,000-96,000146,000-79,000-70,00010,00018,00029,00061,00022,00021,00022,00000
       Net Receivables 
821,000
487,000
470,000
637,000
749,000
530,000
524,000
585,000
610,000
513,000
522,000
555,000
658,000
482,000
481,000
538,000
543,000
349,000
398,000
550,000
536,000
406,000
363,000
434,000
424,000
337,000
357,000
385,000
421,000
306,000
327,000
398,000
418,000
328,000
309,000
511,000
566,000
394,000
449,000
383,000
436,000
338,000
343,000
349,000
408,000
318,000
353,000
329,000
384,000
361,000
380,000
404,000
499,000
427,000
444,000
447,000
789,000
781,000
744,000
775,000
882,000
763,000
732,000
771,000
884,000
783,000
834,000
839,000
941,000
914,000
970,000
984,000
1,004,000
1,017,000
1,113,000
1,120,000
1,195,000
1,195,0001,120,0001,113,0001,017,0001,004,000984,000970,000914,000941,000839,000834,000783,000884,000771,000732,000763,000882,000775,000744,000781,000789,000447,000444,000427,000499,000404,000380,000361,000384,000329,000353,000318,000408,000349,000343,000338,000436,000383,000449,000394,000566,000511,000309,000328,000418,000398,000327,000306,000421,000385,000357,000337,000424,000434,000363,000406,000536,000550,000398,000349,000543,000538,000481,000482,000658,000555,000522,000513,000610,000585,000524,000530,000749,000637,000470,000487,000821,000
       Inventory 
65,000
66,000
43,000
52,000
53,000
44,000
50,000
59,000
63,000
70,000
65,000
58,000
61,000
61,000
57,000
57,000
57,000
51,000
50,000
46,000
42,000
38,000
36,000
37,000
34,000
31,000
28,000
29,000
29,000
27,000
27,000
28,000
27,000
25,000
25,000
33,000
34,000
35,000
37,000
39,000
39,000
36,000
39,000
42,000
41,000
41,000
38,000
41,000
36,000
36,000
38,000
39,000
38,000
39,000
40,000
42,000
66,000
65,000
67,000
74,000
65,000
65,000
59,000
79,000
71,000
79,000
79,000
99,000
84,000
94,000
93,000
108,000
102,000
114,000
116,000
126,000
106,000
106,000126,000116,000114,000102,000108,00093,00094,00084,00099,00079,00079,00071,00079,00059,00065,00065,00074,00067,00065,00066,00042,00040,00039,00038,00039,00038,00036,00036,00041,00038,00041,00041,00042,00039,00036,00039,00039,00037,00035,00034,00033,00025,00025,00027,00028,00027,00027,00029,00029,00028,00031,00034,00037,00036,00038,00042,00046,00050,00051,00057,00057,00057,00061,00061,00058,00065,00070,00063,00059,00050,00044,00053,00052,00043,00066,00065,000
       Other Current Assets 
278,000
253,000
293,000
229,000
240,000
252,000
256,000
226,000
283,000
231,000
253,000
209,000
223,000
230,000
228,000
212,000
214,000
44,000
54,000
48,000
40,000
53,000
56,000
46,000
42,000
54,000
89,000
45,000
42,000
50,000
50,000
44,000
52,000
66,000
61,000
59,000
61,000
84,000
72,000
55,000
56,000
52,000
58,000
60,000
60,000
64,000
60,000
51,000
59,000
57,000
57,000
44,000
47,000
181,000
58,000
50,000
53,000
57,000
57,000
53,000
58,000
82,000
71,000
55,000
61,000
60,000
64,000
86,000
78,000
82,000
84,000
91,000
109,000
109,000
98,000
102,000
108,000
108,000102,00098,000109,000109,00091,00084,00082,00078,00086,00064,00060,00061,00055,00071,00082,00058,00053,00057,00057,00053,00050,00058,000181,00047,00044,00057,00057,00059,00051,00060,00064,00060,00060,00058,00052,00056,00055,00072,00084,00061,00059,00061,00066,00052,00044,00050,00050,00042,00045,00089,00054,00042,00046,00056,00053,00040,00048,00054,00044,000214,000212,000228,000230,000223,000209,000253,000231,000283,000226,000256,000252,000240,000229,000293,000253,000278,000
   > Long-term Assets 
3,505,000
3,447,000
3,411,000
3,256,000
3,219,000
3,186,000
3,278,000
3,220,000
3,198,000
3,255,000
3,285,000
3,377,000
3,450,000
3,461,000
3,377,000
3,228,000
3,070,000
2,956,000
2,940,000
2,835,000
2,774,000
2,686,000
2,617,000
2,650,000
2,644,000
2,678,000
2,629,000
4,578,000
4,515,000
4,466,000
4,365,000
4,339,000
4,330,000
4,225,000
4,223,000
5,358,000
5,350,000
5,322,000
5,272,000
5,172,000
5,029,000
4,867,000
4,891,000
4,794,000
4,691,000
4,611,000
4,552,000
4,427,000
4,279,000
4,249,000
4,301,000
4,443,000
4,373,000
4,375,000
4,179,000
4,168,000
4,354,000
4,378,000
4,375,000
4,326,000
4,658,000
4,541,000
4,566,000
4,732,000
5,115,000
5,074,000
5,306,000
5,315,000
5,994,000
5,869,000
5,798,000
5,689,000
5,789,000
5,798,000
5,833,000
6,143,000
6,375,000
6,375,0006,143,0005,833,0005,798,0005,789,0005,689,0005,798,0005,869,0005,994,0005,315,0005,306,0005,074,0005,115,0004,732,0004,566,0004,541,0004,658,0004,326,0004,375,0004,378,0004,354,0004,168,0004,179,0004,375,0004,373,0004,443,0004,301,0004,249,0004,279,0004,427,0004,552,0004,611,0004,691,0004,794,0004,891,0004,867,0005,029,0005,172,0005,272,0005,322,0005,350,0005,358,0004,223,0004,225,0004,330,0004,339,0004,365,0004,466,0004,515,0004,578,0002,629,0002,678,0002,644,0002,650,0002,617,0002,686,0002,774,0002,835,0002,940,0002,956,0003,070,0003,228,0003,377,0003,461,0003,450,0003,377,0003,285,0003,255,0003,198,0003,220,0003,278,0003,186,0003,219,0003,256,0003,411,0003,447,0003,505,000
       Property Plant Equipment 
180,000
172,000
155,000
157,000
151,000
147,000
144,000
146,000
135,000
135,000
133,000
133,000
127,000
128,000
125,000
117,000
108,000
104,000
98,000
100,000
98,000
95,000
100,000
121,000
119,000
123,000
124,000
182,000
177,000
172,000
156,000
152,000
147,000
138,000
135,000
180,000
181,000
187,000
206,000
227,000
233,000
226,000
227,000
220,000
217,000
210,000
206,000
203,000
195,000
197,000
203,000
213,000
213,000
214,000
203,000
229,000
268,000
295,000
296,000
300,000
584,000
575,000
588,000
604,000
609,000
606,000
620,000
632,000
636,000
639,000
642,000
641,000
650,000
673,000
706,000
703,000
708,000
708,000703,000706,000673,000650,000641,000642,000639,000636,000632,000620,000606,000609,000604,000588,000575,000584,000300,000296,000295,000268,000229,000203,000214,000213,000213,000203,000197,000195,000203,000206,000210,000217,000220,000227,000226,000233,000227,000206,000187,000181,000180,000135,000138,000147,000152,000156,000172,000177,000182,000124,000123,000119,000121,000100,00095,00098,000100,00098,000104,000108,000117,000125,000128,000127,000133,000133,000135,000135,000146,000144,000147,000151,000157,000155,000172,000180,000
       Goodwill 
0
935,000
954,000
869,000
869,000
876,000
946,000
929,000
943,000
984,000
1,049,000
1,065,000
1,062,000
1,074,000
1,072,000
1,078,000
1,087,000
1,090,000
1,094,000
1,027,000
1,030,000
1,026,000
1,018,000
1,057,000
1,066,000
1,084,000
1,087,000
1,372,000
1,376,000
1,376,000
1,379,000
1,380,000
1,384,000
1,384,000
1,393,000
1,668,000
1,677,000
1,679,000
1,675,000
1,661,000
1,649,000
1,625,000
1,633,000
1,632,000
1,625,000
1,622,000
1,630,000
1,627,000
1,612,000
1,614,000
1,630,000
1,685,000
1,688,000
1,696,000
1,686,000
1,692,000
1,793,000
1,787,000
1,772,000
1,761,000
1,768,000
1,761,000
1,770,000
1,831,000
1,851,000
1,842,000
1,836,000
1,830,000
1,945,000
1,922,000
1,932,000
1,920,000
1,951,000
1,960,000
1,962,000
1,993,000
2,015,000
2,015,0001,993,0001,962,0001,960,0001,951,0001,920,0001,932,0001,922,0001,945,0001,830,0001,836,0001,842,0001,851,0001,831,0001,770,0001,761,0001,768,0001,761,0001,772,0001,787,0001,793,0001,692,0001,686,0001,696,0001,688,0001,685,0001,630,0001,614,0001,612,0001,627,0001,630,0001,622,0001,625,0001,632,0001,633,0001,625,0001,649,0001,661,0001,675,0001,679,0001,677,0001,668,0001,393,0001,384,0001,384,0001,380,0001,379,0001,376,0001,376,0001,372,0001,087,0001,084,0001,066,0001,057,0001,018,0001,026,0001,030,0001,027,0001,094,0001,090,0001,087,0001,078,0001,072,0001,074,0001,062,0001,065,0001,049,000984,000943,000929,000946,000876,000869,000869,000954,000935,0000
       Intangible Assets 
2,991,000
2,929,000
2,929,000
2,784,000
2,737,000
1,837,000
1,846,000
1,811,000
1,779,000
1,779,000
1,739,000
1,732,000
1,758,000
1,751,000
1,696,000
1,596,000
1,542,000
1,475,000
1,453,000
1,417,000
1,360,000
1,303,000
1,243,000
1,219,000
1,192,000
1,203,000
1,162,000
2,780,000
2,714,000
2,690,000
2,614,000
2,601,000
2,555,000
2,473,000
2,459,000
3,227,000
3,194,000
3,151,000
3,099,000
3,004,000
2,874,000
2,723,000
2,717,000
2,633,000
2,542,000
2,466,000
2,387,000
2,317,000
2,201,000
2,172,000
2,137,000
2,207,000
2,162,000
2,155,000
2,030,000
2,005,000
1,992,000
1,955,000
1,933,000
1,874,000
1,864,000
1,795,000
1,776,000
1,807,000
2,124,000
2,081,000
2,217,000
2,171,000
2,624,000
2,563,000
2,494,000
2,384,000
2,415,000
2,382,000
2,345,000
2,502,000
2,541,000
2,541,0002,502,0002,345,0002,382,0002,415,0002,384,0002,494,0002,563,0002,624,0002,171,0002,217,0002,081,0002,124,0001,807,0001,776,0001,795,0001,864,0001,874,0001,933,0001,955,0001,992,0002,005,0002,030,0002,155,0002,162,0002,207,0002,137,0002,172,0002,201,0002,317,0002,387,0002,466,0002,542,0002,633,0002,717,0002,723,0002,874,0003,004,0003,099,0003,151,0003,194,0003,227,0002,459,0002,473,0002,555,0002,601,0002,614,0002,690,0002,714,0002,780,0001,162,0001,203,0001,192,0001,219,0001,243,0001,303,0001,360,0001,417,0001,453,0001,475,0001,542,0001,596,0001,696,0001,751,0001,758,0001,732,0001,739,0001,779,0001,779,0001,811,0001,846,0001,837,0002,737,0002,784,0002,929,0002,929,0002,991,000
       Long-term Assets Other 
334,000
346,000
327,000
315,000
331,000
326,000
342,000
334,000
341,000
357,000
364,000
447,000
503,000
508,000
484,000
437,000
333,000
61,000
66,000
273,000
63,000
253,000
247,000
244,000
258,000
268,000
256,000
244,000
248,000
228,000
216,000
206,000
244,000
230,000
236,000
283,000
298,000
305,000
292,000
280,000
273,000
293,000
314,000
309,000
307,000
313,000
329,000
278,000
271,000
266,000
272,000
241,000
249,000
258,000
252,000
231,000
291,000
334,000
367,000
353,000
383,000
355,000
375,000
422,000
469,000
503,000
598,000
651,000
786,000
189,000
208,000
212,000
198,000
198,000
209,000
225,000
325,000
325,000225,000209,000198,000198,000212,000208,000189,000786,000651,000598,000503,000469,000422,000375,000355,000383,000353,000367,000334,000291,000231,000252,000258,000249,000241,000272,000266,000271,000278,000329,000313,000307,000309,000314,000293,000273,000280,000292,000305,000298,000283,000236,000230,000244,000206,000216,000228,000248,000244,000256,000268,000258,000244,000247,000253,00063,000273,00066,00061,000333,000437,000484,000508,000503,000447,000364,000357,000341,000334,000342,000326,000331,000315,000327,000346,000334,000
> Total Liabilities 
5,148,000
4,879,000
4,408,000
4,409,000
4,444,000
4,355,000
4,403,000
4,462,000
4,489,000
4,488,000
4,577,000
4,596,000
4,646,000
4,635,000
4,618,000
4,562,000
4,506,000
4,367,000
4,131,000
4,147,000
4,031,000
3,868,000
3,829,000
3,990,000
3,832,000
3,871,000
3,872,000
4,298,000
4,330,000
4,292,000
4,202,000
4,334,000
4,335,000
4,253,000
4,096,000
5,509,000
5,590,000
5,489,000
5,656,000
5,564,000
5,540,000
5,390,000
5,391,000
5,382,000
5,374,000
5,251,000
5,262,000
5,125,000
5,200,000
5,117,000
5,154,000
5,410,000
5,554,000
5,577,000
5,573,000
5,664,000
6,085,000
6,022,000
6,088,000
6,286,000
6,483,000
6,409,000
6,169,000
6,455,000
6,910,000
6,757,000
6,945,000
7,165,000
7,843,000
7,608,000
7,527,000
7,660,000
7,847,000
7,744,000
7,851,000
8,115,000
8,375,000
8,375,0008,115,0007,851,0007,744,0007,847,0007,660,0007,527,0007,608,0007,843,0007,165,0006,945,0006,757,0006,910,0006,455,0006,169,0006,409,0006,483,0006,286,0006,088,0006,022,0006,085,0005,664,0005,573,0005,577,0005,554,0005,410,0005,154,0005,117,0005,200,0005,125,0005,262,0005,251,0005,374,0005,382,0005,391,0005,390,0005,540,0005,564,0005,656,0005,489,0005,590,0005,509,0004,096,0004,253,0004,335,0004,334,0004,202,0004,292,0004,330,0004,298,0003,872,0003,871,0003,832,0003,990,0003,829,0003,868,0004,031,0004,147,0004,131,0004,367,0004,506,0004,562,0004,618,0004,635,0004,646,0004,596,0004,577,0004,488,0004,489,0004,462,0004,403,0004,355,0004,444,0004,409,0004,408,0004,879,0005,148,000
   > Total Current Liabilities 
2,055,000
1,801,000
1,668,000
1,748,000
1,805,000
1,706,000
1,757,000
1,799,000
1,816,000
1,782,000
1,829,000
1,882,000
1,913,000
1,884,000
1,892,000
1,871,000
1,807,000
1,695,000
1,729,000
1,872,000
1,759,000
1,623,000
1,584,000
1,721,000
1,562,000
1,589,000
1,584,000
1,522,000
1,578,000
1,543,000
1,475,000
1,606,000
1,641,000
1,588,000
1,556,000
1,987,000
2,076,000
1,983,000
1,946,000
1,885,000
1,904,000
1,815,000
1,824,000
1,857,000
1,887,000
1,821,000
1,950,000
1,842,000
1,944,000
1,855,000
1,938,000
2,100,000
2,234,000
2,273,000
2,287,000
2,373,000
2,593,000
2,518,000
2,544,000
2,819,000
2,799,000
2,732,000
2,525,000
2,720,000
2,890,000
2,784,000
2,902,000
3,150,000
3,357,000
3,131,000
3,123,000
3,368,000
3,341,000
3,187,000
3,290,000
3,539,000
3,745,000
3,745,0003,539,0003,290,0003,187,0003,341,0003,368,0003,123,0003,131,0003,357,0003,150,0002,902,0002,784,0002,890,0002,720,0002,525,0002,732,0002,799,0002,819,0002,544,0002,518,0002,593,0002,373,0002,287,0002,273,0002,234,0002,100,0001,938,0001,855,0001,944,0001,842,0001,950,0001,821,0001,887,0001,857,0001,824,0001,815,0001,904,0001,885,0001,946,0001,983,0002,076,0001,987,0001,556,0001,588,0001,641,0001,606,0001,475,0001,543,0001,578,0001,522,0001,584,0001,589,0001,562,0001,721,0001,584,0001,623,0001,759,0001,872,0001,729,0001,695,0001,807,0001,871,0001,892,0001,884,0001,913,0001,882,0001,829,0001,782,0001,816,0001,799,0001,757,0001,706,0001,805,0001,748,0001,668,0001,801,0002,055,000
       Short-term Debt 
12,000
12,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
17,000
1,204,000
1,524,000
1,465,000
1,378,000
1,327,000
1,407,000
1,293,000
0
1,279,000
1,246,000
1,298,000
1,295,000
1,262,000
1,339,000
30,000
30,000
29,000
13,000
68,000
13,000
13,000
13,000
13,000
13,000
13,000
13,000
13,000
13,000
113,000
1,439,000
1,531,000
1,456,000
1,558,000
1,669,000
1,832,000
111,000
1,888,000
1,850,000
2,070,000
1,950,000
2,043,000
2,093,000
38,000
39,000
40,000
39,000
41,000
42,000
43,000
43,000
43,000
40,000
39,000
40,000
39,000
41,000
41,000
41,000
43,000
43,00041,00041,00041,00039,00040,00039,00040,00043,00043,00043,00042,00041,00039,00040,00039,00038,0002,093,0002,043,0001,950,0002,070,0001,850,0001,888,000111,0001,832,0001,669,0001,558,0001,456,0001,531,0001,439,000113,00013,00013,00013,00013,00013,00013,00013,00013,00013,00068,00013,00029,00030,00030,0001,339,0001,262,0001,295,0001,298,0001,246,0001,279,00001,293,0001,407,0001,327,0001,378,0001,465,0001,524,0001,204,00017,00017,00017,00017,00017,00017,00017,00017,00017,00017,00017,00017,00017,00017,00017,00017,00012,00012,000
       Accounts payable 
223,000
206,000
192,000
247,000
215,000
211,000
202,000
209,000
197,000
200,000
178,000
225,000
219,000
214,000
178,000
219,000
191,000
186,000
170,000
212,000
191,000
160,000
153,000
206,000
168,000
151,000
141,000
165,000
136,000
143,000
117,000
156,000
149,000
137,000
121,000
280,000
246,000
210,000
221,000
215,000
162,000
181,000
151,000
173,000
161,000
176,000
156,000
204,000
152,000
200,000
166,000
208,000
166,000
203,000
168,000
281,000
179,000
245,000
208,000
260,000
202,000
246,000
205,000
264,000
214,000
235,000
226,000
302,000
274,000
320,000
265,000
268,000
220,000
282,000
249,000
300,000
246,000
246,000300,000249,000282,000220,000268,000265,000320,000274,000302,000226,000235,000214,000264,000205,000246,000202,000260,000208,000245,000179,000281,000168,000203,000166,000208,000166,000200,000152,000204,000156,000176,000161,000173,000151,000181,000162,000215,000221,000210,000246,000280,000121,000137,000149,000156,000117,000143,000136,000165,000141,000151,000168,000206,000153,000160,000191,000212,000170,000186,000191,000219,000178,000214,000219,000225,000178,000200,000197,000209,000202,000211,000215,000247,000192,000206,000223,000
       Other Current Liabilities 
1,820,000
1,583,000
1,459,000
1,484,000
1,573,000
1,478,000
1,538,000
1,573,000
1,602,000
1,565,000
1,634,000
1,583,000
1,677,000
1,653,000
1,588,000
1,518,000
1,464,000
1,356,000
1,450,000
1,540,000
1,486,000
1,381,000
1,328,000
1,415,000
1,296,000
1,322,000
1,311,000
1,256,000
1,314,000
1,298,000
1,263,000
1,349,000
1,304,000
1,276,000
1,280,000
1,555,000
1,570,000
1,497,000
1,482,000
1,438,000
1,474,000
1,336,000
1,413,000
1,465,000
1,511,000
1,426,000
1,507,000
1,460,000
1,617,000
1,480,000
1,611,000
1,695,000
1,867,000
1,762,000
1,907,000
1,884,000
2,232,000
2,103,000
2,166,000
2,379,000
2,400,000
2,280,000
2,098,000
2,120,000
2,309,000
2,209,000
2,358,000
2,457,000
2,742,000
2,532,000
2,622,000
2,637,000
2,755,000
2,553,000
2,774,000
2,827,000
3,151,000
3,151,0002,827,0002,774,0002,553,0002,755,0002,637,0002,622,0002,532,0002,742,0002,457,0002,358,0002,209,0002,309,0002,120,0002,098,0002,280,0002,400,0002,379,0002,166,0002,103,0002,232,0001,884,0001,907,0001,762,0001,867,0001,695,0001,611,0001,480,0001,617,0001,460,0001,507,0001,426,0001,511,0001,465,0001,413,0001,336,0001,474,0001,438,0001,482,0001,497,0001,570,0001,555,0001,280,0001,276,0001,304,0001,349,0001,263,0001,298,0001,314,0001,256,0001,311,0001,322,0001,296,0001,415,0001,328,0001,381,0001,486,0001,540,0001,450,0001,356,0001,464,0001,518,0001,588,0001,653,0001,677,0001,583,0001,634,0001,565,0001,602,0001,573,0001,538,0001,478,0001,573,0001,484,0001,459,0001,583,0001,820,000
   > Long-term Liabilities 
3,093,000
3,078,000
2,740,000
2,661,000
2,639,000
2,649,000
2,646,000
2,663,000
2,673,000
2,706,000
2,748,000
2,714,000
2,733,000
2,751,000
2,726,000
2,691,000
2,699,000
2,672,000
2,402,000
2,275,000
2,272,000
2,245,000
2,245,000
2,269,000
2,270,000
2,282,000
2,288,000
2,776,000
2,752,000
2,749,000
2,727,000
2,728,000
2,694,000
2,665,000
2,540,000
3,522,000
3,514,000
3,506,000
3,710,000
3,679,000
3,636,000
3,575,000
3,567,000
3,525,000
3,487,000
3,430,000
3,312,000
3,283,000
3,256,000
3,262,000
3,216,000
3,310,000
3,320,000
3,304,000
3,286,000
3,291,000
3,492,000
3,504,000
3,544,000
3,467,000
3,684,000
3,677,000
3,644,000
3,735,000
4,020,000
3,973,000
4,043,000
4,015,000
4,486,000
4,477,000
4,404,000
4,292,000
4,506,000
4,557,000
4,561,000
4,576,000
4,630,000
4,630,0004,576,0004,561,0004,557,0004,506,0004,292,0004,404,0004,477,0004,486,0004,015,0004,043,0003,973,0004,020,0003,735,0003,644,0003,677,0003,684,0003,467,0003,544,0003,504,0003,492,0003,291,0003,286,0003,304,0003,320,0003,310,0003,216,0003,262,0003,256,0003,283,0003,312,0003,430,0003,487,0003,525,0003,567,0003,575,0003,636,0003,679,0003,710,0003,506,0003,514,0003,522,0002,540,0002,665,0002,694,0002,728,0002,727,0002,749,0002,752,0002,776,0002,288,0002,282,0002,270,0002,269,0002,245,0002,245,0002,272,0002,275,0002,402,0002,672,0002,699,0002,691,0002,726,0002,751,0002,733,0002,714,0002,748,0002,706,0002,673,0002,663,0002,646,0002,649,0002,639,0002,661,0002,740,0003,078,0003,093,000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,990,000
3,006,000
2,974,000
2,988,000
2,983,000
0
0
3,387,000
3,354,000
3,367,000
3,346,000
3,846,000
3,829,000
3,785,000
3,732,000
3,946,000
3,986,000
3,988,000
0
0
003,988,0003,986,0003,946,0003,732,0003,785,0003,829,0003,846,0003,346,0003,367,0003,354,0003,387,000002,983,0002,988,0002,974,0003,006,0002,990,000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
527,000
480,000
364,000
346,000
298,000
294,000
335,000
301,000
357,000
382,000
352,000
379,000
364,000
319,000
326,000
0
309,000
0
0
00309,0000326,000319,000364,000379,000352,000382,000357,000301,000335,000294,000298,000346,000364,000480,000527,0000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
166,000
162,000
211,000
207,000
195,000
236,000
241,000
220,000
223,000
220,000
205,000
0
0
00205,000220,000223,000220,000241,000236,000195,000207,000211,000162,000166,0000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
-125,000
-137,000
113,000
89,000
131,000
109,000
80,000
58,000
55,000
4,000
-23,000
-36,000
-47,000
-103,000
-99,000
-86,000
-41,000
-110,000
-142,000
-143,000
-155,000
-171,000
-228,000
-265,000
-279,000
-304,000
-338,000
1,065,000
1,025,000
995,000
944,000
927,000
847,000
836,000
776,000
726,000
681,000
623,000
442,000
371,000
295,000
257,000
254,000
221,000
223,000
221,000
218,000
195,000
124,000
170,000
308,000
293,000
307,000
189,000
175,000
-334,000
-162,000
-140,000
-152,000
-289,000
-190,000
-306,000
-38,000
-63,000
16,000
57,000
81,000
31,000
153,000
154,000
156,000
152,000
270,000
252,000
281,000
307,000
463,000
463,000307,000281,000252,000270,000152,000156,000154,000153,00031,00081,00057,00016,000-63,000-38,000-306,000-190,000-289,000-152,000-140,000-162,000-334,000175,000189,000307,000293,000308,000170,000124,000195,000218,000221,000223,000221,000254,000257,000295,000371,000442,000623,000681,000726,000776,000836,000847,000927,000944,000995,0001,025,0001,065,000-338,000-304,000-279,000-265,000-228,000-171,000-155,000-143,000-142,000-110,000-41,000-86,000-99,000-103,000-47,000-36,000-23,0004,00055,00058,00080,000109,000131,00089,000113,000-137,000-125,000
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,000
0
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,00001,00000000000000000000000000000000000000000000000000000000000000
   Retained Earnings -1,317,000-1,387,000-1,450,000-1,488,000-1,439,000-1,477,000-1,542,000-1,587,000-1,601,000-1,710,000-1,660,000-1,659,000-1,713,000-1,749,000-1,685,000-1,166,000-1,088,000-1,177,000-1,061,000-1,043,000-1,078,000-1,272,000-758,000-778,000-650,000-654,000-615,000-726,000-747,000-715,000-711,000-702,000-713,000-740,000-717,000-673,000-691,000-649,000-623,000-438,000-378,000-341,000-283,000-221,000-223,000-143,000-125,000-93,000-57,000-31,000-1,031,000-985,000-947,000-929,000-883,000-828,000-803,000-786,000-768,000-731,000-663,000-686,000-692,000-683,000-627,000-614,000-600,000-564,000-517,000-516,000-509,000-475,000-449,000-480,000-450,000-198,000-202,000
   Accumulated Other Comprehensive Income 
-16,000
4,000
17,000
21,000
26,000
28,000
29,000
7,000
0
-6,000
1,000
-1,000
-2,000
-3,000
7,000
10,000
30,000
26,000
28,000
42,000
44,000
51,000
47,000
53,000
55,000
63,000
66,000
-33,000
-47,000
-41,000
-60,000
-59,000
-57,000
-71,000
-69,000
-61,000
-69,000
-67,000
-63,000
-108,000
-142,000
-198,000
-157,000
-167,000
-192,000
-205,000
-199,000
-218,000
-257,000
-232,000
-205,000
-181,000
-171,000
-161,000
-195,000
-190,000
-212,000
-225,000
-219,000
-240,000
-230,000
-268,000
-253,000
-222,000
-185,000
-209,000
-194,000
-202,000
-220,000
-231,000
-278,000
-347,000
-276,000
-261,000
-277,000
-322,000
-260,000
-260,000-322,000-277,000-261,000-276,000-347,000-278,000-231,000-220,000-202,000-194,000-209,000-185,000-222,000-253,000-268,000-230,000-240,000-219,000-225,000-212,000-190,000-195,000-161,000-171,000-181,000-205,000-232,000-257,000-218,000-199,000-205,000-192,000-167,000-157,000-198,000-142,000-108,000-63,000-67,000-69,000-61,000-69,000-71,000-57,000-59,000-60,000-41,000-47,000-33,00066,00063,00055,00053,00047,00051,00044,00042,00028,00026,00030,00010,0007,000-3,000-2,000-1,0001,000-6,00007,00029,00028,00026,00021,00017,0004,000-16,000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,128,000
1,128,000
1,128,000
1,128,000
1,127,000
0
0
1,913,000
1,924,000
1,934,000
1,942,000
1,973,000
1,971,000
1,975,000
1,975,000
1,984,000
2,000,000
2,007,000
0
0
002,007,0002,000,0001,984,0001,975,0001,975,0001,971,0001,973,0001,942,0001,934,0001,924,0001,913,000001,127,0001,128,0001,128,0001,128,0001,128,000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
93,000
57,000
546,000
548,000
554,000
556,000
560,000
567,000
572,000
574,000
576,000
579,000
582,000
583,000
586,000
590,000
592,000
595,000
598,000
601,000
604,000
606,000
608,000
611,000
613,000
618,000
627,000
1,129,000
1,129,000
1,129,000
1,129,000
1,129,000
1,127,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,128,000
1,127,000
1,128,000
1,127,000
1,899,000
1,907,000
1,913,000
1,924,000
1,934,000
1,942,000
1,973,000
1,971,000
1,975,000
1,975,000
1,984,000
2,000,000
2,007,000
2,015,000
2,039,000
2,039,0002,015,0002,007,0002,000,0001,984,0001,975,0001,975,0001,971,0001,973,0001,942,0001,934,0001,924,0001,913,0001,907,0001,899,0001,127,0001,128,0001,127,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,128,0001,127,0001,129,0001,129,0001,129,0001,129,0001,129,000627,000618,000613,000611,000608,000606,000604,000601,000598,000595,000592,000590,000586,000583,000582,000579,000576,000574,000572,000567,000560,000556,000554,000548,000546,00057,00093,000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-09-30)

Gross Profit (+$)
totalRevenue6,037,000
Cost of Revenue-3,177,000
Gross Profit2,860,0002,860,000
 
Operating Income (+$)
Gross Profit2,860,000
Operating Expense-2,071,000
Operating Income790,000789,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative991,000
Selling And Marketing Expenses835,000
Operating Expense2,071,0001,826,000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-141,000
Other Finance Cost-0
Net Interest Income-141,000
 
Pretax Income (+$)
Operating Income790,000
Net Interest Income-141,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)609,000829,000
EBIT - interestExpense = 612,000
600,000
571,000
Interest Expense141,000
Earnings Before Interest and Taxes (EBIT)753,000750,000
Earnings Before Interest and Taxes (EBITDA)1,085,000
 
After tax Income (+$)
Income Before Tax609,000
Tax Provision-170,000
Net Income From Continuing Ops439,000439,000
Net Income430,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses5,248,000
Total Other Income/Expenses Net-39,000141,000
 

Technical Analysis of Warner Music Group
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Warner Music Group. The general trend of Warner Music Group is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Warner Music Group's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Warner Music Group.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 33.32 < 33.94 < 34.11.

The bearish price targets are: 29.83 > 29.81 > 29.05.

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Warner Music Group Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Warner Music Group. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Warner Music Group Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Warner Music Group. The current macd is -0.61903271.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Warner Music Group price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Warner Music Group. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Warner Music Group price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Warner Music Group Daily Moving Average Convergence/Divergence (MACD) ChartWarner Music Group Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Warner Music Group. The current adx is 21.63.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Warner Music Group shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Warner Music Group Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Warner Music Group. The current sar is 31.79.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Warner Music Group Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Warner Music Group. The current rsi is 42.01. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Warner Music Group Daily Relative Strength Index (RSI) ChartWarner Music Group Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Warner Music Group. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Warner Music Group price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Warner Music Group Daily Stochastic Oscillator ChartWarner Music Group Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Warner Music Group. The current cci is -44.55595965.

Warner Music Group Daily Commodity Channel Index (CCI) ChartWarner Music Group Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Warner Music Group. The current cmo is -11.18336693.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Warner Music Group Daily Chande Momentum Oscillator (CMO) ChartWarner Music Group Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Warner Music Group. The current willr is -51.77174413.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Warner Music Group is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Warner Music Group Daily Williams %R ChartWarner Music Group Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Warner Music Group.

Warner Music Group Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Warner Music Group. The current atr is 0.75448005.

Warner Music Group Daily Average True Range (ATR) ChartWarner Music Group Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Warner Music Group. The current obv is -5,291,283.

Warner Music Group Daily On-Balance Volume (OBV) ChartWarner Music Group Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Warner Music Group. The current mfi is 35.01.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Warner Music Group Daily Money Flow Index (MFI) ChartWarner Music Group Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Warner Music Group.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Warner Music Group Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Warner Music Group based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.013
Ma 20Greater thanMa 5033.635
Ma 50Greater thanMa 10034.995
Ma 100Greater thanMa 20034.421
OpenGreater thanClose33.440
Total3/5 (60.0%)
Penke

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