Cumulus Media (CMLS)
Cumulus Media Altman Z-Score: 0.0114
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CMLS Altman Z-Score Rankings
| Overall | 10th percentile | 3188 of 3550 |
| Sector | 6th percentile | 751 of 799 in Services |
| Industry | 41st percentile | 7 of 12 in Broadcasting - Radio |
CMLS Altman Z-Score Range, Past 5 Years
| Minimum | -9.584 | Sep 2009 |
| Maximum | 0.1447 | Jun 2007 |
| Average | -2.435 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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CMLS News
about 14 days ago by TradeIdeasQuant
about 20 days ago by TradeIdeasQuant
about 21 days ago by earningscast
May 01, 11:51AM Business Wire
about 52 days ago by MarketBrief
about 56 days ago by d_ramsden
Mar 14, 8:25AM Marketwire
about 76 days ago by TradeIdeasQuant
about 77 days ago by earningscast
about 175 days ago by MarketBrief
about 180 days ago by MarketBrief
about 185 days ago by MarketBrief
about 189 days ago by MarketBrief
about 238 days ago by MarketBrief
about 241 days ago by MarketBrief
about 242 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CMLS | 2.83 | +0.02 | +0.71% | 429.06M |
| CMLP | 25.57 | +0.25 | +0.99% | 934.33M |
| CMKG | 0.90 | +0.05 | +5.88% | 7.911M |
| CMK | 8.31 | +0.04 | +0.48% | |
| CMI | 98.95 | -1.31 | -1.31% | 18.99B |
| CMG | 400.42 | -1.19 | -0.30% | 12.52B |
| CMCSA | 28.85 | -0.08 | -0.28% | 78.07B |
| CMCO | 15.16 | +0.34 | +2.29% | 293.95M |
| CMC | 11.97 | -0.09 | -0.75% | 1.384B |
| CMA | 30.40 | +0.17 | +0.56% | 6.002B |
