iHeartMedia Balance Sheet Health
Financial Health criteria checks 0/6
iHeartMedia has a total shareholder equity of $-1.4B and total debt of $5.2B, which brings its debt-to-equity ratio to -370.3%. Its total assets and total liabilities are $5.8B and $7.2B respectively. iHeartMedia's EBIT is $136.6M making its interest coverage ratio 0.4. It has cash and short-term investments of $431.8M.
Key information
-370.3%
Debt to equity ratio
US$5.22b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$431.76m |
| Equity | -US$1.41b |
| Total liabilities | US$7.19b |
| Total assets | US$5.78b |
Recent financial health updates
iHeartMedia (NASDAQ:IHRT) Has A Somewhat Strained Balance Sheet
Mar 20
These 4 Measures Indicate That iHeartMedia (NASDAQ:IHRT) Is Using Debt Extensively
Dec 08Is iHeartMedia (NASDAQ:IHRT) A Risky Investment?
Aug 12Recent updates
iHeartMedia (NASDAQ:IHRT) Will Be Hoping To Turn Its Returns On Capital Around
Oct 30Returns On Capital Signal Difficult Times Ahead For iHeartMedia (NASDAQ:IHRT)
Jul 18If iHeartMedia Cannot Restructure It Could Eventually File For "Chapter 22" Bankruptcy
Jun 10iHeartMedia: Set Up For Big 2024
Apr 17Returns On Capital Signal Difficult Times Ahead For iHeartMedia (NASDAQ:IHRT)
Apr 01iHeartMedia: Arbitraging The Capital Structure To Maximize Risk-Adjusted Returns
Feb 21Investors Aren't Entirely Convinced By iHeartMedia, Inc.'s (NASDAQ:IHRT) Revenues
Jan 30The Returns On Capital At iHeartMedia (NASDAQ:IHRT) Don't Inspire Confidence
Nov 05iHeartMedia (NASDAQ:IHRT) Will Be Hoping To Turn Its Returns On Capital Around
Aug 01iHeartMedia (NASDAQ:IHRT) Is Finding It Tricky To Allocate Its Capital
Apr 30iHeartMedia (NASDAQ:IHRT) Has A Somewhat Strained Balance Sheet
Mar 20iHeartMedia (NASDAQ:IHRT) Will Be Looking To Turn Around Its Returns
Jan 20These 4 Measures Indicate That iHeartMedia (NASDAQ:IHRT) Is Using Debt Extensively
Dec 08Is iHeartMedia, Inc. (NASDAQ:IHRT) Potentially Undervalued?
Nov 03iHeartMedia names Uta Knablein as iHeartRadio chief product officer
Sep 12Is iHeartMedia (NASDAQ:IHRT) A Risky Investment?
Aug 12Goldman hits sidelines on iHeartMedia, cutting long-term outlook
Aug 10iHeartMedia reports Q2 results; sees Q3 revenue growth guidance below estimates
Aug 04At US$7.75, Is It Time To Put iHeartMedia, Inc. (NASDAQ:IHRT) On Your Watch List?
Jul 23Financial Position Analysis
Short Term Liabilities: IHRT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IHRT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IHRT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IHRT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IHRT's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: IHRT's interest payments on its debt are not well covered by EBIT (0.4x coverage).