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
Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt
Feb 06
Does Cumulus Media (NASDAQ:CMLS) Have A Healthy Balance Sheet?
Nov 01Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt
Aug 01Cumulus Media (NASDAQ:CMLS) Takes On Some Risk With Its Use Of Debt
Dec 21Cumulus Media (NASDAQ:CMLS) Has No Shortage Of Debt
Apr 29Recent updates
Cumulus Media Inc. (NASDAQ:CMLS) Analysts Are Pretty Bullish On The Stock After Recent Results
Aug 07Shareholders May Be Wary Of Increasing Cumulus Media Inc.'s (NASDAQ:CMLS) CEO Compensation Package
Apr 26Cumulus Media: A Riddle, Wrapped In A Mystery, Inside An Enigma
Mar 14Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt
Feb 06Does Cumulus Media (NASDAQ:CMLS) Have A Healthy Balance Sheet?
Nov 01Cumulus Media (NASDAQ:CMLS) Seems To Be Using A Lot Of Debt
Aug 01Returns On Capital Signal Difficult Times Ahead For Cumulus Media (NASDAQ:CMLS)
Jun 08When Should You Buy Cumulus Media Inc. (NASDAQ:CMLS)?
Apr 20Cumulus Media Inc. (NASDAQ:CMLS) Stock's 38% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Mar 24Returns At Cumulus Media (NASDAQ:CMLS) Appear To Be Weighed Down
Mar 01Should You Investigate Cumulus Media Inc. (NASDAQ:CMLS) At US$8.90?
Sep 17Slowing Rates Of Return At Cumulus Media (NASDAQ:CMLS) Leave Little Room For Excitement
Aug 13Cumulus Media Q2 2022 Earnings Preview
Aug 02Cumulus Media: A Strong Buy At Current Prices
Jul 06CDL: Solid Quality, But Not Impressive Dividend Growth, Questionable Performance
Apr 19Cumulus Media (NASDAQ:CMLS) Takes On Some Risk With Its Use Of Debt
Dec 21Returns On Capital At Cumulus Media (NASDAQ:CMLS) Paint A Concerning Picture
Jun 22Cumulus Media initiates debt reduction by commencing $175M debt paydown
May 26Cumulus Media EPS beats by $0.81, beats on revenue
May 05Cumulus Media (NASDAQ:CMLS) Has No Shortage Of Debt
Apr 29Should You Be Worried About Cumulus Media's (NASDAQ:CMLS) Returns On Capital?
Mar 12Financial Position Analysis
Short Term Liabilities: CMLS's short term assets ($254.5M) exceed its short term liabilities ($134.4M).
Long Term Liabilities: CMLS's short term assets ($254.5M) do not cover its long term liabilities ($993.2M).
Debt to Equity History and Analysis
Debt Level: CMLS's net debt to equity ratio (261.1%) is considered high.
Reducing Debt: CMLS'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: CMLS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CMLS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.2% each year