Cumulus Financial Statements From 2010 to 2024

CMLS Stock  USD 3.59  0.36  11.15%   
Cumulus Media financial statements provide useful quarterly and yearly information to potential Cumulus Media Class investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cumulus Media financial statements helps investors assess Cumulus Media's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cumulus Media's valuation are summarized below:
Gross Profit
596 M
Profit Margin
(0.14)
Market Capitalization
53.9 M
Enterprise Value Revenue
0.931
Revenue
844.5 M
There are over one hundred nineteen available fundamental signals for Cumulus Media Class, which can be analyzed over time and compared to other ratios. All traders should validate Cumulus Media's prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction.
Check Cumulus Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cumulus main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.2 M, Interest Expense of 72.5 M or Selling General Administrative of 463.1 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.89, Price To Sales Ratio of 0.1 or Dividend Yield of 0.0139. Cumulus financial statements analysis is a perfect complement when working with Cumulus Media Valuation or Volatility modules.
  
This module can also supplement Cumulus Media's financial leverage analysis and stock options assessment as well as various Cumulus Media Technical models . Check out the analysis of Cumulus Media Correlation against competitors.

Cumulus Media Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.9 B1.4 B2.4 B
Slightly volatile
Short and Long Term Debt Total1.2 BB1.6 B
Slightly volatile
Other Current Liabilities51.2 M90.7 M75.6 M
Very volatile
Total Current Liabilities97.7 M143.7 M125.2 M
Very volatile
Property Plant And Equipment Net185.5 M302.6 M246.7 M
Slightly volatile
Accounts Payable12.6 M15.9 M13.6 M
Slightly volatile
Cash67.1 M80.7 M79.7 M
Slightly volatile
Non Current Assets Total1.7 B1.2 BB
Slightly volatile
Cash And Short Term Investments67.1 M80.7 M79.7 M
Slightly volatile
Net Receivables152.3 M182.2 M211.7 M
Very volatile
Common Stock Shares Outstanding15.9 M17.3 M21.3 M
Very volatile
Liabilities And Stockholders Equity1.9 B1.4 B2.4 B
Slightly volatile
Non Current Liabilities Total1.5 BBB
Slightly volatile
Other Current Assets26.8 M24 M35.4 M
Pretty Stable
Total Liabilities1.6 B1.2 B2.1 B
Slightly volatile
Property Plant And Equipment Gross447.9 M426.6 M285.9 M
Slightly volatile
Total Current Assets260.3 M286.9 M350.1 M
Pretty Stable
Intangible Assets1.2 B837.6 M1.3 B
Slightly volatile
Common Stock Total Equity350.7 K369.1 K969.5 K
Slightly volatile
Short Term Debt35.3 M37.2 M335.7 M
Very volatile
Other Liabilities264.3 M251.8 M177.7 M
Slightly volatile
Other Assets19 M11.4 M30.3 M
Slightly volatile
Long Term Debt1.2 B672.4 M1.5 B
Slightly volatile
Property Plant Equipment162.3 M218.6 M203.5 M
Very volatile
Short Term Investments7.8 M10.3 M8.5 M
Pretty Stable
Current Deferred Revenue6.5 M6.9 M55.2 M
Very volatile
Long Term Debt Total610.9 M643 M1.5 B
Slightly volatile
Capital Surpluse297.9 M313.6 M996.3 M
Slightly volatile
Inventory1.091.1524.1 M
Pretty Stable
Non Current Liabilities Other338.1 M212.1 M293.1 M
Pretty Stable
Warrants115 M129.4 M140.9 M
Slightly volatile
Long Term Investments13.8 M15.6 M17 M
Slightly volatile
Short and Long Term Debt4.5 M4.7 M1.3 B
Slightly volatile
Net Working Capital212.6 M143.2 M305 M
Slightly volatile
Capital Lease Obligations119.3 M140.7 M145 M
Pretty Stable

Cumulus Media Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization55.2 M65.3 M72.4 M
Pretty Stable
Selling General Administrative463.1 M441.1 M327.7 M
Slightly volatile
Total Revenue699.3 M844.5 M929.6 M
Pretty Stable
Gross Profit347.3 M445.9 M497.5 M
Slightly volatile
Other Operating Expenses653.9 M808.6 M823.4 M
Slightly volatile
EBITDA143.6 M101.2 M181.9 M
Pretty Stable
Cost Of Revenue352 M398.6 M432.1 M
Pretty Stable
Total Operating Expenses301.9 M410 M391.3 M
Slightly volatile
Selling And Marketing Expenses37.6 K39.6 K8.9 M
Slightly volatile
Preferred Stock And Other Adjustments14.3 M12.3 M11.2 M
Pretty Stable
Discontinued Operations105.6 M152.3 M117.4 M
Slightly volatile
Non Recurring13.3 M14 M206.3 M
Slightly volatile
Interest Income2.2 M2.4 M52 M
Slightly volatile
Reconciled Depreciation48.8 M58.8 M60.8 M
Slightly volatile
Extraordinary Items73.1 M82.2 M89.6 M
Slightly volatile

Cumulus Media Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow63.9 M107.4 M73.7 M
Slightly volatile
Depreciation56.7 M65.3 M75 M
Pretty Stable
Capital Expenditures33.4 M24.8 M66.7 M
Slightly volatile
End Period Cash Flow81.9 M80.7 M104.1 M
Very volatile
Stock Based Compensation6.6 M5.3 M7.2 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.10.10880.3215
Slightly volatile
Dividend Yield0.01390.01460.0163
Slightly volatile
Operating Cycle70.9478.7443106
Slightly volatile
Days Of Payables Outstanding13.8214.550216.2355
Slightly volatile
Inventory Turnover4.995.2525.2561
Slightly volatile
Payables Turnover23.8325.085651.0154
Very volatile
Long Term Debt To Capitalization0.690.70120.7924
Pretty Stable
Cash Per Share7.374.67084.7484
Pretty Stable
Total Debt To Capitalization0.670.71230.7941
Pretty Stable
Quick Ratio2.071.82872.7648
Very volatile
Net Income Per E B T1.31.17062.4532
Slightly volatile
Cash Ratio1.070.56120.8419
Pretty Stable
Cash Conversion Cycle48.9164.194189.0821
Very volatile
Days Of Inventory Outstanding0.00.021.2239
Pretty Stable
Days Of Sales Outstanding62.0278.744385.956
Slightly volatile
Current Ratio2.381.9963.2714
Very volatile
Fixed Asset Turnover3.242.79123.9929
Pretty Stable
Enterprise Value Multiple7.0510.293310.4993
Slightly volatile
Debt Ratio0.540.49270.652
Slightly volatile
Price Sales Ratio0.10.10880.3215
Slightly volatile
Receivables Turnover5.484.63534.4149
Slightly volatile
Asset Turnover0.310.58640.4248
Slightly volatile
Gross Profit Margin0.340.5280.504
Slightly volatile

Cumulus Fundamental Market Drivers

Forward Price Earnings8.0321
Cash And Short Term Investments80.7 M

Cumulus Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Cumulus Media Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cumulus Media income statement, its balance sheet, and the statement of cash flows. Cumulus Media investors use historical funamental indicators, such as Cumulus Media's revenue or net income, to determine how well the company is positioned to perform in the future. Although Cumulus Media investors may use each financial statement separately, they are all related. The changes in Cumulus Media's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cumulus Media's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cumulus Media Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cumulus Media. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue6.9 M6.5 M
Total Revenue844.5 M699.3 M
Cost Of Revenue398.6 M352 M
Ebit Per Revenue 0.04  0.04 

Pair Trading with Cumulus Media

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cumulus Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cumulus Media will appreciate offsetting losses from the drop in the long position's value.

Moving against Cumulus Stock

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The ability to find closely correlated positions to Cumulus Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cumulus Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cumulus Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cumulus Media Class to buy it.
The correlation of Cumulus Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cumulus Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cumulus Media Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cumulus Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cumulus Media Class is a strong investment it is important to analyze Cumulus Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cumulus Media's future performance. For an informed investment choice regarding Cumulus Stock, refer to the following important reports:
Check out the analysis of Cumulus Media Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Cumulus Media's price analysis, check to measure Cumulus Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cumulus Media is operating at the current time. Most of Cumulus Media's value examination focuses on studying past and present price action to predict the probability of Cumulus Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cumulus Media's price. Additionally, you may evaluate how the addition of Cumulus Media to your portfolios can decrease your overall portfolio volatility.
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Is Cumulus Media's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cumulus Media. If investors know Cumulus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cumulus Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.64)
Earnings Share
(6.83)
Revenue Per Share
48.905
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0097
The market value of Cumulus Media Class is measured differently than its book value, which is the value of Cumulus that is recorded on the company's balance sheet. Investors also form their own opinion of Cumulus Media's value that differs from its market value or its book value, called intrinsic value, which is Cumulus Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cumulus Media's market value can be influenced by many factors that don't directly affect Cumulus Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cumulus Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cumulus Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cumulus Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.