Cumulus Media Balance Sheet Health
Financial Health criteria checks 2/6
Cumulus Media has a total shareholder equity of $236.8M and total debt of $670.3M, which brings its debt-to-equity ratio to 283.1%. Its total assets and total liabilities are $1.4B and $1.1B respectively.
Key information
283.1%
Debt to equity ratio
US$670.31m
Debt
| Interest coverage ratio | n/a |
| Cash | US$52.15m |
| Equity | US$236.78m |
| Total liabilities | US$1.13b |
| Total assets | US$1.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1NM's short term assets ($254.5M) exceed its short term liabilities ($134.4M).
Long Term Liabilities: 1NM's short term assets ($254.5M) do not cover its long term liabilities ($993.2M).
Debt to Equity History and Analysis
Debt Level: 1NM's net debt to equity ratio (261.1%) is considered high.
Reducing Debt: 1NM's debt to equity ratio has increased from 224% to 283.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1NM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1NM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.2% each year