iHeartMedia Balance Sheet Health
Financial Health criteria checks 0/6
iHeartMedia has a total shareholder equity of $-384.8M and total debt of $5.2B, which brings its debt-to-equity ratio to -1354.6%. Its total assets and total liabilities are $7.0B and $7.3B respectively. iHeartMedia's EBIT is $173.3M making its interest coverage ratio 0.4. It has cash and short-term investments of $346.4M.
Key information
-1,354.6%
Debt to equity ratio
US$5.21b
Debt
Interest coverage ratio | 0.4x |
Cash | US$346.38m |
Equity | -US$384.76m |
Total liabilities | US$7.34b |
Total assets | US$6.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IHRT.B has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IHRT.B 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.B has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IHRT.B's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IHRT.B's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: IHRT.B's interest payments on its debt are not well covered by EBIT (0.4x coverage).