Cumulus Media Inc financial data

Symbol
CMLS on Nasdaq
Industry
Radio Broadcasting Stations
Location
3280 Peachtree Road N.W., Suite 2300, Atlanta, GA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 200 % -14.3%
Debt-to-equity 385 % +28.3%
Return On Equity -46.2 % -1200%
Return On Assets -9.52 % -973%
Operating Margin -7.87 % -268%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 16.9M shares +2.85%
Entity Public Float 65M USD -54.9%
Weighted Average Number of Shares Outstanding, Basic 16.9M shares -5.36%
Weighted Average Number of Shares Outstanding, Diluted 16.9M shares -5.36%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 834M USD -7.43%
General and Administrative Expense 79.4M USD +19.3%
Operating Income (Loss) -65.6M USD -256%
Nonoperating Income (Expense) -53.1M USD +4.36%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -119M USD -786%
Income Tax Expense (Benefit) 18.5M USD +2747%
Net Income (Loss) Attributable to Parent -137M USD -877%
Earnings Per Share, Basic -8.09 USD/shares -924%
Earnings Per Share, Diluted -8.09 USD/shares -911%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 53.5M USD -42.1%
Accounts Receivable, after Allowance for Credit Loss, Current 171M USD +2.13%
Assets, Current 261M USD -9.04%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 172M USD -8.11%
Operating Lease, Right-of-Use Asset 110M USD -10.8%
Intangible Assets, Net (Excluding Goodwill) 829M USD -8.97%
Other Assets, Noncurrent 13M USD +41%
Assets 1.38B USD -9.11%
Accounts Payable, Current 13.7M USD +68.6%
Employee-related Liabilities, Current 20.4M USD -21.7%
Liabilities, Current 139M USD +3.14%
Deferred Income Tax Liabilities, Net 14.2M USD +2078%
Operating Lease, Liability, Noncurrent 105M USD -9.89%
Other Liabilities, Noncurrent 6.16M USD -0.81%
Liabilities 1.14B USD -0.49%
Retained Earnings (Accumulated Deficit) -63.3M USD -186%
Stockholders' Equity Attributable to Parent 246M USD -35.1%
Liabilities and Equity 1.38B USD -9.11%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -16.1M USD -168%
Net Cash Provided by (Used in) Financing Activities -2.95M USD +75.7%
Net Cash Provided by (Used in) Investing Activities 6.74M USD
Common Stock, Shares, Issued 22.4M shares +3.38%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -12.3M USD -208%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 53.5M USD -42.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 22M USD +22.8%
Deferred Tax Assets, Valuation Allowance 40.9M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 130M USD +13.1%
Operating Lease, Liability 141M USD -4.9%
Payments to Acquire Property, Plant, and Equipment 8.17M USD +10.8%
Lessee, Operating Lease, Liability, to be Paid 180M USD -4.67%
Property, Plant and Equipment, Gross 308M USD +4.21%
Operating Lease, Liability, Current 26.9M USD -3.22%
Lessee, Operating Lease, Liability, to be Paid, Year Two 24.8M USD -4.47%
Lessee, Operating Lease, Liability, to be Paid, Year One 27.3M USD -0.92%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.1%
Deferred Income Tax Expense (Benefit) 1.29M USD -23.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 39.8M USD -3.85%
Lessee, Operating Lease, Liability, to be Paid, Year Three 23M USD +0.39%
Deferred Tax Assets, Operating Loss Carryforwards 7.67M USD +2414%
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Four 22M USD +6.54%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 4.08M USD -28.2%
Deferred Tax Assets, Net of Valuation Allowance 88.8M USD -22.6%
Interest Expense 71M USD +6.41%