Cumulus Media Inc (CMLS)
2.94
+0.13
(+4.63%)
USD |
NASDAQ |
Apr 19, 12:02
Cumulus Media Debt to Equity Ratio: 2.346 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.346 |
| September 30, 2023 | 1.753 |
| June 30, 2023 | 1.785 |
| March 31, 2023 | 1.840 |
| December 31, 2022 | 1.749 |
| September 30, 2022 | 1.794 |
| June 30, 2022 | 1.828 |
| March 31, 2022 | 1.880 |
| December 31, 2021 | 1.904 |
| September 30, 2021 | 2.044 |
| June 30, 2021 | 2.202 |
| March 31, 2021 | 2.582 |
| December 31, 2020 | 2.447 |
| September 30, 2020 | 2.569 |
| June 30, 2020 | 2.597 |
| March 31, 2020 | 2.393 |
| December 31, 2019 | 2.223 |
| September 30, 2019 | 2.240 |
| June 30, 2019 | 2.524 |
| March 31, 2019 | 3.108 |
| December 31, 2018 | 3.189 |
| September 30, 2018 | 3.764 |
| March 31, 2018 | 0.00 |
| December 31, 2017 | 0.00 |
| September 30, 2017 | -4.715 |
| Date | Value |
|---|---|
| June 30, 2017 | -4.858 |
| March 31, 2017 | -4.792 |
| December 31, 2016 | -4.848 |
| September 30, 2016 | 46.89 |
| June 30, 2016 | 554.89 |
| March 31, 2016 | 968.31 |
| December 31, 2015 | 149.88 |
| September 30, 2015 | 126.67 |
| June 30, 2015 | 4.526 |
| March 31, 2015 | 4.662 |
| December 31, 2014 | 4.589 |
| September 30, 2014 | 4.752 |
| June 30, 2014 | 4.889 |
| March 31, 2014 | 5.129 |
| December 31, 2013 | 5.123 |
| September 30, 2013 | 9.739 |
| June 30, 2013 | 7.932 |
| March 31, 2013 | 8.735 |
| December 31, 2012 | 8.480 |
| September 30, 2012 | 8.108 |
| June 30, 2012 | 10.04 |
| March 31, 2012 | 10.20 |
| December 31, 2011 | 7.053 |
| September 30, 2011 | 9.465 |
| June 30, 2011 | -1.892 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.749
Minimum
Dec 2022
2.597
Maximum
Jun 2020
2.142
Average
2.202
Median
Jun 2021
Debt to Equity Ratio Benchmarks
| Urban One Inc | 2.568 |
| Beasley Broadcast Group Inc | 1.773 |
| Saga Communications Inc | 0.00 |
| Liberty SiriusXM Group | 1.096 |
| iHeartMedia Inc | -13.23 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.440B |
| Total Liabilities (Quarterly) | 1.154B |
| Shareholders Equity (Quarterly) | 286.58M |
| Current Ratio | 1.996 |
| Net Debt Paydown Yield | 14.31% |