Cumulus Total Liab vs Total Stockholder Equity Analysis
CMLS Stock | USD 2.98 0.17 5.40% |
Cumulus Media financial indicator trend analysis is way more than just evaluating Cumulus Media Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cumulus Media Class is a good investment. Please check the relationship between Cumulus Media Total Liab and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Liab vs Total Stockholder Equity
Total Liab vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cumulus Media Class Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cumulus Media's Total Liab and Total Stockholder Equity is -0.23. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Cumulus Media Class, assuming nothing else is changed. The correlation between historical values of Cumulus Media's Total Liab and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Cumulus Media Class are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., Cumulus Media's Total Liab and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Cumulus Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cumulus Media Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. Selling General Administrative is likely to drop to about 49.7 M in 2024. Discontinued Operations is likely to drop to about 105.6 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 557.8M | 596.0M | 445.9M | 347.3M | Total Revenue | 916.5M | 953.5M | 844.5M | 699.3M |
Cumulus Media fundamental ratios Correlations
Click cells to compare fundamentals
Cumulus Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cumulus Media fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 1.9B | 1.7B | 1.6B | 1.4B | 1.9B | |
Short Long Term Debt Total | 1.2B | 1.1B | 953.0M | 862.4M | 1.0B | 1.3B | |
Other Current Liab | 96.7M | 88.9M | 6.2M | 100.7M | 90.7M | 51.2M | |
Total Current Liabilities | 139.6M | 129.0M | 139.8M | 145.6M | 143.7M | 97.7M | |
Total Stockholder Equity | 455.2M | 397.6M | 419.5M | 408.4M | 286.6M | 220.9M | |
Property Plant And Equipment Net | 376.4M | 366.3M | 334.5M | 325.3M | 302.6M | 185.5M | |
Net Debt | 1.1B | 858.5M | 775.9M | 754.9M | 950.1M | 1.2B | |
Retained Earnings | 122.7M | 63.0M | 80.2M | 96.5M | (21.4M) | (22.5M) | |
Accounts Payable | 3.2M | 6.8M | 6.6M | 11.0M | 15.9M | 12.6M | |
Cash | 15.1M | 271.8M | 177.0M | 107.4M | 80.7M | 67.1M | |
Non Current Assets Total | 1.4B | 1.4B | 1.3B | 1.3B | 1.2B | 1.7B | |
Non Currrent Assets Other | 9.4M | 12.8M | 7.8M | 9.2M | (728.5M) | (692.1M) | |
Cash And Short Term Investments | 15.1M | 271.8M | 177.0M | 107.4M | 80.7M | 67.1M | |
Net Receivables | 245.4M | 203.3M | 198.8M | 212.3M | 182.2M | 152.3M | |
Common Stock Shares Outstanding | 20.3M | 20.3M | 20.9M | 20.0M | 17.3M | 15.9M | |
Liabilities And Stockholders Equity | 1.8B | 1.9B | 1.7B | 1.6B | 1.4B | 1.9B | |
Non Current Liabilities Total | 1.2B | 1.3B | 1.2B | 1.1B | 1.0B | 1.5B | |
Other Current Assets | 31.3M | 27.9M | 30.7M | 25.5M | 24.0M | 26.8M | |
Other Stockholder Equity | 332.5M | 334.6M | 339.3M | 311.9M | 308.0M | 549.0M | |
Total Liab | 1.3B | 1.5B | 1.3B | 1.2B | 1.2B | 1.6B | |
Property Plant And Equipment Gross | 376.4M | 366.3M | 430.5M | 430.7M | 426.6M | 447.9M | |
Total Current Assets | 380.7M | 503.0M | 406.5M | 345.3M | 286.9M | 260.3M | |
Intangible Assets | 994.9M | 970.0M | 962.3M | 923.3M | 837.6M | 1.2B | |
Short Term Debt | 39.7M | 33.4M | 28.4M | 28.0M | 37.2M | 35.3M | |
Other Liab | 48.7M | 236.2M | 233.5M | 218.9M | 251.8M | 264.3M | |
Other Assets | 9.0M | 20.5M | 14.1M | 12.6M | 11.4M | 19.0M | |
Long Term Debt | 2.0B | 507.4M | 798.9M | 714.5M | 672.4M | 1.2B | |
Property Plant Equipment | 232.9M | 208.7M | 191.5M | 190.1M | 218.6M | 162.3M | |
Net Tangible Assets | 290.8M | (572.4M) | (542.8M) | (514.9M) | (592.1M) | (621.7M) | |
Retained Earnings Total Equity | 122.7M | 63.0M | 80.2M | 96.5M | 110.9M | 116.5M | |
Long Term Debt Total | 2.0B | 507.4M | 798.9M | 714.5M | 643.0M | 610.9M | |
Capital Surpluse | 333.7M | 337.0M | 342.2M | 348.5M | 313.6M | 297.9M |
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 together with Cumulus Stock
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Moving against Cumulus Stock
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0.74 | CURIW | CuriosityStream | PairCorr |
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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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 (6.51) | Revenue Per Share 49.731 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0088 |
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.