Warner Bros Discovery Debt-to-Equity Ratio Historical Data and Latest Q2 2024 Results
Current and Historical Debt-to-Equity Values
Warner Bros Discovery's (WBD) debt-to-equity ratio has shown significant fluctuations over the past decade. As of the quarter ending June 30, 2024, the company's long-term debt was recorded at $37.289 billion, reflecting a 15.78% decline year-over-year from the previous quarter. On the other hand, the company's net current debt for the twelve months ended March 31, 2024, stood at -$16 million, marking a substantial 43,333% increase year-over-year.
Recent Financial Performance and Debt Reduction Efforts
Warner Bros Discovery, the parent company of HBO, CNN, and Warner Bros., has been implementing cost-cutting measures and debt reduction strategies to improve its financial stability. Despite facing challenges such as a significant share price decline and remaining debt, the company remains a leading global media and entertainment entity.
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