Liberty Global Ltd. Files Q2 2024 10-Q
Ticker: LBTYK · Form: 10-Q · Filed: Jul 25, 2024 · CIK: 1570585
| Field | Detail |
|---|---|
| Company | Liberty Global LTD. (LBTYK) |
| Form Type | 10-Q |
| Filed Date | Jul 25, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
Liberty Global Q2 2024 10-Q filed. Financials look solid.
AI Summary
Liberty Global Ltd. filed its 10-Q for the period ending June 30, 2024. The filing details financial information for the second quarter of 2024, including assets, liabilities, and debt. Specific financial figures and operational details are presented within the report.
Why It Matters
This filing provides investors and analysts with a detailed look at Liberty Global's financial health and performance during the second quarter of 2024, influencing investment decisions.
Risk Assessment
Risk Level: medium — Quarterly filings can reveal shifts in financial performance, debt levels, or operational challenges that may impact the company's stock price.
Key Numbers
- N/A — Revenue (Specific revenue figures are not detailed in the provided header information.)
- N/A — Net Income (Specific net income figures are not detailed in the provided header information.)
- N/A — Total Assets (Specific total asset figures are not detailed in the provided header information.)
Key Players & Entities
- Liberty Global Ltd. (company) — Filer of the 10-Q
- 20240630 (date) — End of the reporting period
- 20240725 (date) — Filing date
- 0001570585-24-000237 (other) — Accession Number
FAQ
What is the reporting period for this 10-Q filing?
The reporting period is for the quarter ended June 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on July 25, 2024.
What is the Central Index Key (CIK) for Liberty Global Ltd.?
The CIK for Liberty Global Ltd. is 0001570585.
What is the Standard Industrial Classification (SIC) code for Liberty Global Ltd.?
The SIC code for Liberty Global Ltd. is 4841, categorized under CABLE & OTHER PAY TELEVISION SERVICES.
What are some of the financial statement line items referenced in the filing's header?
The header references line items such as 'OtherAssetsCurrent', 'OtherAssetsNoncurrent', 'OtherLiabilitiesNoncurrent', 'GainLossOnDerivativeInstrumentsNetPretax', 'PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization', 'DebtCurrent', and 'LongTermDebtAndCapitalLeaseObligations'.
Filing Stats: 4,822 words · 19 min read · ~16 pages · Grade level 6.9 · Accepted 2024-07-25 16:10:32
Filing Documents
- lbtya-20240630.htm (10-Q) — 3165KB
- a101-psuagmtclassaandk2024.htm (EX-10.1) — 120KB
- lgq22024ex311.htm (EX-31.1) — 10KB
- lgq22024ex312.htm (EX-31.2) — 10KB
- lgq22024ex32.htm (EX-32) — 6KB
- lbtya-20240630_g1.jpg (GRAPHIC) — 394KB
- 0001570585-24-000237.txt ( ) — 16173KB
- lbtya-20240630.xsd (EX-101.SCH) — 81KB
- lbtya-20240630_cal.xml (EX-101.CAL) — 143KB
- lbtya-20240630_def.xml (EX-101.DEF) — 498KB
- lbtya-20240630_lab.xml (EX-101.LAB) — 919KB
- lbtya-20240630_pre.xml (EX-101.PRE) — 713KB
- lbtya-20240630_htm.xml (XML) — 3017KB
— FINANCIAL INFORMATION
PART I — FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS Condensed Consolidated Balance Sheets as of June 30 , 2024 and December 31, 2023 (unaudited) 1 Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30 , 2024 and 2023 (unaudited) 3 Condensed Consolidated Statements of Comprehensive E arnin gs ( Loss ) for the Three and Six Months Ended June 30 , 2024 and 2023 (unaudited) 4 Condensed Consolidated Statements of Equity for the Three and Six Months Ended June 30 , 2024 and 2023 (unaudited) 5 Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30 , 2024 and 2023 (unaudited) 7 Notes to Condensed Consolidated Financial Statements (unaudited) 9
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 48
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 77
CONTROLS AND PROCEDURES
ITEM 4. CONTROLS AND PROCEDURES 80
— OTHER INFORMATION
PART II — OTHER INFORMATION
LEGAL PROCEEDINGS
ITEM 1. LEGAL PROCEEDINGS 81
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 81
OTHER INFORMATION
ITEM 5. OTHER INFORMATION 81
EXHIBITS
ITEM 6. EXHIBITS 82 LIBERTY GLOBAL LTD. CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) June 30, 2024 December 31, 2023 in millions ASSETS Current assets: Cash and cash equivalents $ 2,011.3 $ 1,415.9 Trade receivables, net (note 3) 858.8 870.1 Short-term investments (measured at fair value on a recurring basis) (note 4) 1,204.5 1,990.5 Derivative instruments (note 5) 591.1 518.1 Other current assets (notes 3 and 4) 721.9 847.0 Total current assets 5,387.6 5,641.6 Investments and related notes receivable (including $ 3,465.0 million and $ 3,408.5 million, respectively, measured at fair value on a recurring basis) (note 4) 13,260.0 13,396.1 Property and equipment, net (notes 7 and 9) 7,083.9 7,360.2 Goodwill (note 7) 9,770.0 10,477.0 Intangible assets subject to amortization, net (note 7) 1,797.7 2,053.6 Operating lease right-of-use ( ROU ) assets (note 9) 2,215.9 1,761.8 Other assets, net (notes 3 and 5) 1,323.2 1,397.6 Total assets $ 40,838.3 $ 42,087.9 The accompanying notes are an integral part of these condensed consolidated financial statements. 1 LIBERTY GLOBAL LTD. CONDENSED CONSOLIDATED BALANCE SHEETS — (Continued) (unaudited) June 30, 2024 December 31, 2023 in millions LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 514.9 $ 689.8 Deferred revenue (note 3) 292.5 249.2 Derivative instruments (note 5) 419.6 426.8 Current portion of debt and finance lease obligations (notes 8 and 9) 771.4 806.8 Accrued capital expenditures 275.9 229.5 Accrued income taxes 177.5 263.9 Other accrued and current liabilities (note 9) 1,578.6 1,666.8 Total current liabilities 4,030.4 4,332.8 Long-term debt and finance lease obligations (notes 8 and 9) 14,740.8 14,959.1 Long-term operating lease liabilities (note 9) 1,892.7 1,652.1 Other long-term liabilities (notes 3 and 5) 1,857.6 2,136.5 Total liabilities 22,521.5 23,080.5 Commitments and contingencies (notes 5, 8, 9, 10 and 14) Equity (note 1