Liberty Global Q3 2024 10-Q Filed
Ticker: LBTYK · Form: 10-Q · Filed: Oct 29, 2024 · CIK: 1570585
| Field | Detail |
|---|---|
| Company | Liberty Global LTD. (LBTYK) |
| Form Type | 10-Q |
| Filed Date | Oct 29, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 20 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, telecom
TL;DR
Liberty Global's Q3 2024 10-Q is in: financials look stable, debt levels noted.
AI Summary
Liberty Global Ltd. filed its 10-Q for the period ending September 30, 2024. The filing details financial performance and operational updates for the third quarter. Key financial data points such as current assets, non-current assets, liabilities, and debt are presented, reflecting the company's financial position.
Why It Matters
This filing provides investors with a detailed look at Liberty Global's financial health and operational status as of the end of the third quarter of 2024.
Risk Assessment
Risk Level: medium — 10-Q filings inherently carry medium risk due to the detailed financial data and potential for market-moving information.
Key Numbers
- N/A — Revenue (Specific revenue figures not detailed in the provided header.)
- N/A — Net Income (Specific net income figures not detailed in the provided header.)
- N/A — Total Assets (Specific total asset figures not detailed in the provided header.)
Key Players & Entities
- Liberty Global Ltd. (company) — Filer of the 10-Q
- 20240930 (date) — End of reporting period
- 20241029 (date) — Filing date
FAQ
What is the primary business of Liberty Global Ltd.?
Liberty Global Ltd. is in the CABLE & OTHER PAY TELEVISION SERVICES industry, SIC code 4841.
What is the fiscal year end for Liberty Global Ltd.?
The fiscal year end for Liberty Global Ltd. is December 31st.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on October 29, 2024.
What period does this 10-Q report cover?
This 10-Q report covers the period ending September 30, 2024.
Has Liberty Global Ltd. undergone any name changes?
Yes, Liberty Global Ltd. was formerly known as Liberty Global plc, Liberty Global Corp Ltd, and Lynx Europe Ltd., with name change dates in 2013.
Filing Stats: 4,899 words · 20 min read · ~16 pages · Grade level 6.8 · Accepted 2024-10-29 16:08:48
Filing Documents
- lbtya-20240930.htm (10-Q) — 3304KB
- lgq32024ex311.htm (EX-31.1) — 10KB
- lgq32024ex312.htm (EX-31.2) — 10KB
- lgq32024ex32.htm (EX-32) — 6KB
- lbtya-20240930_g1.jpg (GRAPHIC) — 394KB
- 0001570585-24-000304.txt ( ) — 16675KB
- lbtya-20240930.xsd (EX-101.SCH) — 84KB
- lbtya-20240930_cal.xml (EX-101.CAL) — 147KB
- lbtya-20240930_def.xml (EX-101.DEF) — 552KB
- lbtya-20240930_lab.xml (EX-101.LAB) — 960KB
- lbtya-20240930_pre.xml (EX-101.PRE) — 767KB
- lbtya-20240930_htm.xml (XML) — 3113KB
— FINANCIAL INFORMATION
PART I — FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS Condensed Consolidated Balance Sheets as of September 30, 2024 and December 31, 2023 (unaudited) 1 Condensed Consolidated Statements of Operations for the Three and Nine Months Ended September 30, 2024 and 2023 (unaudited) 3 Condensed Consolidated Statements of Comprehensive Earnings (Loss) for the Three and Nine Months Ended September 30, 2024 and 2023 (unaudited) 4 Condensed Consolidated Statements of Equity for the Three and Nine Months Ended September 30, 2024 and 2023 (unaudited) 5 Condensed Consolidated Statements of Cash Flows for the Nine Months Ended Sept ember 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 50
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 81
CONTROLS AND PROCEDURES
ITEM 4. CONTROLS AND PROCEDURES 84
— OTHER INFORMATION
PART II — OTHER INFORMATION
LEGAL PROCEEDINGS
ITEM 1. LEGAL PROCEEDINGS 85
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 85
OTHER INFORMATION
ITEM 5. OTHER INFORMATION 85
EXHIBITS
ITEM 6. EXHIBITS 86 LIBERTY GLOBAL LTD. CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) September 30, 2024 December 31, 2023 in millions ASSETS Current assets: Cash and cash equivalents $ 2,356.4 $ 1,415.9 Trade receivables, net (note 3) 863.4 870.1 Short-term investments (measured at fair value on a recurring basis) (note 5) 906.3 1,990.5 Derivative instruments (note 6) 399.7 518.1 Other current assets (notes 3 and 5) 671.2 847.0 Total current assets 5,197.0 5,641.6 Investments and related notes receivable (including $ 3,372.0 million and $ 3,408.5 million, respectively, measured at fair value on a recurring basis) (note 5) 13,617.0 13,396.1 Property and equipment, net (notes 8 and 10) 7,439.8 7,360.2 Goodwill (note 8) 10,325.6 10,477.0 Intangible assets subject to amortization, net (note 8) 1,773.8 2,053.6 Operating lease right-of-use ( ROU ) assets (note 10) 2,383.3 1,761.8 Other assets, net (notes 3 and 6) 1,029.9 1,397.6 Total assets $ 41,766.4 $ 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) September 30, 2024 December 31, 2023 in millions LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 560.6 $ 689.8 Deferred revenue (note 3) 267.4 249.2 Derivative instruments (note 6) 459.2 426.8 Current portion of debt and finance lease obligations (notes 9 and 10) 999.3 806.8 Accrued capital expenditures 299.1 229.5 Accrued income taxes 248.6 263.9 Other accrued and current liabilities (note 10) 1,517.0 1,666.8 Total current liabilities 4,351.2 4,332.8 Long-term debt and finance lease obligations (notes 9 and 10) 14,891.8 14,959.1 Long-term operating lease liabilities (note 10) 2,000.9 1,652.1 Other long-term liabilities (notes 3 and 6) 1,870.9 2,136.5 Total liabilities 23,114.8 23,080.5 Commitments and contingencies (notes 6, 9, 10, 11 and 15)