Cumulus Media Inc Class A (CMLS) - Net Assets
Based on the latest financial reports, Cumulus Media Inc Class A (CMLS) has net assets worth $6.95 Million USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.12 Billion) and total liabilities ($1.11 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Cumulus Media Inc Class A asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.95 Million |
| % of Total Assets | 0.62% |
| Annual Growth Rate | -12.99% |
| 5-Year Change | -98.25% |
| 10-Year Change | -56.64% |
| Growth Volatility | 675.24 |
Cumulus Media Inc Class A - Net Assets Trend (1998–2024)
This chart illustrates how Cumulus Media Inc Class A's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Cumulus Media Inc Class A to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Cumulus Media Inc Class A (1998–2024)
The table below shows the annual net assets of Cumulus Media Inc Class A from 1998 to 2024. For live valuation and market cap data, see Cumulus Media Inc Class A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.95 Million | -97.57% |
| 2023-12-31 | $286.58 Million | -29.83% |
| 2022-12-31 | $408.40 Million | -2.64% |
| 2021-12-31 | $419.50 Million | +5.51% |
| 2020-12-31 | $397.59 Million | -12.66% |
| 2019-12-31 | $455.22 Million | +16.77% |
| 2018-12-31 | $389.83 Million | +156.00% |
| 2017-12-31 | $-696.12 Million | -41.56% |
| 2016-12-31 | $-491.74 Million | -3167.23% |
| 2015-12-31 | $16.03 Million | -97.04% |
| 2014-12-31 | $541.58 Million | +5.62% |
| 2013-12-31 | $512.74 Million | +60.98% |
| 2012-12-31 | $318.50 Million | +9.56% |
| 2011-12-31 | $290.71 Million | +185.18% |
| 2010-12-31 | $-341.31 Million | +8.38% |
| 2009-12-31 | $-372.51 Million | -50.12% |
| 2008-12-31 | $-248.15 Million | -308.04% |
| 2007-12-31 | $119.28 Million | -64.61% |
| 2006-12-31 | $337.01 Million | -42.49% |
| 2005-12-31 | $586.01 Million | -33.13% |
| 2004-12-31 | $876.33 Million | +11.73% |
| 2003-12-31 | $784.30 Million | +8.80% |
| 2002-12-31 | $720.84 Million | +70.06% |
| 2001-12-31 | $423.88 Million | -28.35% |
| 2000-12-31 | $591.58 Million | -0.48% |
| 1999-12-31 | $594.44 Million | +129.69% |
| 1998-12-31 | $258.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cumulus Media Inc Class A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 28735700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $311.61 Million | 4482.92% |
| Total Equity | $6.95 Million | 100.00% |
Cumulus Media Inc Class A Competitors by Market Cap
The table below lists competitors of Cumulus Media Inc Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Puma VCT 13 PLC
LSE:PU13
|
$2.54 Million |
|
Boardwalktech Software Corp
V:BWLK
|
$2.54 Million |
|
ESGL Holdings Limited Ordinary Shares
NASDAQ:ESGL
|
$2.54 Million |
|
VivoSim Labs, Inc.
NASDAQ:VIVS
|
$2.54 Million |
|
Inventronics Ltd
V:IVX
|
$2.54 Million |
|
Seeing Machines Limited
LSE:SEE
|
$2.53 Million |
|
Fsport AB
ST:FSPORT
|
$2.53 Million |
|
Dios Exploration Inc.
V:DOS
|
$2.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cumulus Media Inc Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 286,582,000 to 6,951,000, a change of -279,631,000 (-97.6%).
- Net loss of 283,254,000 reduced equity.
- Share repurchases of 1,086,000 reduced equity.
- Other factors increased equity by 4,709,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-283.25 Million | -4075.01% |
| Share Repurchases | $1.09 Million | -15.62% |
| Other Changes | $4.71 Million | +67.75% |
| Total Change | $- | -97.57% |
Book Value vs Market Value Analysis
This analysis compares Cumulus Media Inc Class A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.36x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.00x to 0.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $106.12 | $0.15 | x |
| 1999-12-31 | $190.67 | $0.15 | x |
| 2000-12-31 | $135.04 | $0.15 | x |
| 2001-12-31 | $96.19 | $0.15 | x |
| 2002-12-31 | $105.88 | $0.15 | x |
| 2003-12-31 | $93.72 | $0.15 | x |
| 2004-12-31 | $98.10 | $0.15 | x |
| 2005-12-31 | $70.06 | $0.15 | x |
| 2006-12-31 | $53.05 | $0.15 | x |
| 2007-12-31 | $22.09 | $0.15 | x |
| 2008-12-31 | $-46.91 | $0.15 | x |
| 2009-12-31 | $-73.72 | $0.15 | x |
| 2010-12-31 | $-66.29 | $0.15 | x |
| 2011-12-31 | $32.81 | $0.15 | x |
| 2012-12-31 | $15.67 | $0.15 | x |
| 2013-12-31 | $12.55 | $0.15 | x |
| 2014-12-31 | $18.92 | $0.15 | x |
| 2015-12-31 | $0.55 | $0.15 | x |
| 2016-12-31 | $-16.80 | $0.15 | x |
| 2017-12-31 | $-23.75 | $0.15 | x |
| 2018-12-31 | $23.55 | $0.15 | x |
| 2019-12-31 | $22.44 | $0.15 | x |
| 2020-12-31 | $19.57 | $0.15 | x |
| 2021-12-31 | $20.04 | $0.15 | x |
| 2022-12-31 | $20.40 | $0.15 | x |
| 2023-12-31 | $16.60 | $0.15 | x |
| 2024-12-31 | $0.41 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cumulus Media Inc Class A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4075.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -34.25%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 160.93x
- Recent ROE (-4075.01%) is below the historical average (-279.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -5.29% | -13.87% | 0.19x | 2.00x | $-39.58 Million |
| 1999 | -2.29% | -7.57% | 0.20x | 1.54x | $-73.07 Million |
| 2000 | -0.39% | -1.02% | 0.24x | 1.61x | $-61.46 Million |
| 2001 | -7.21% | -15.18% | 0.21x | 2.28x | $-72.94 Million |
| 2002 | -12.87% | -36.72% | 0.19x | 1.88x | $-164.84 Million |
| 2003 | 0.64% | 1.79% | 0.19x | 1.88x | $-73.39 Million |
| 2004 | 3.47% | 9.49% | 0.20x | 1.84x | $-57.26 Million |
| 2005 | -36.41% | -65.10% | 0.23x | 2.40x | $-271.97 Million |
| 2006 | -13.23% | -13.34% | 0.25x | 3.96x | $-78.29 Million |
| 2007 | -187.63% | -68.16% | 0.31x | 8.89x | $-235.73 Million |
| 2008 | 0.00% | -116.09% | 0.57x | 0.00x | $-336.85 Million |
| 2009 | 0.00% | -49.48% | 0.77x | 0.00x | $-89.45 Million |
| 2010 | 0.00% | 11.17% | 0.82x | 0.00x | $63.53 Million |
| 2011 | 21.97% | 11.62% | 0.14x | 13.90x | $34.79 Million |
| 2012 | -10.28% | -3.04% | 0.29x | 11.75x | $-64.58 Million |
| 2013 | 38.24% | 19.11% | 0.27x | 7.55x | $144.81 Million |
| 2014 | 2.17% | 0.93% | 0.34x | 6.92x | $-42.39 Million |
| 2015 | -3408.77% | -46.76% | 0.39x | 188.67x | $-548.10 Million |
| 2016 | 0.00% | -44.75% | 0.47x | 0.00x | $-461.55 Million |
| 2017 | 0.00% | -18.19% | 0.56x | 0.00x | $-136.95 Million |
| 2018 | 194.34% | 66.43% | 0.64x | 4.55x | $718.60 Million |
| 2019 | 13.46% | 5.50% | 0.63x | 3.87x | $15.74 Million |
| 2020 | -15.02% | -7.32% | 0.44x | 4.68x | $-99.48 Million |
| 2021 | 4.12% | 1.89% | 0.53x | 4.09x | $-24.67 Million |
| 2022 | 3.98% | 1.70% | 0.59x | 3.94x | $-24.61 Million |
| 2023 | -41.13% | -13.96% | 0.59x | 5.03x | $-146.54 Million |
| 2024 | -4075.01% | -34.25% | 0.74x | 160.93x | $-283.95 Million |
Industry Comparison
This section compares Cumulus Media Inc Class A's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $415,818,342
- Average return on equity (ROE) among peers: 21.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cumulus Media Inc Class A (CMLS) | $6.95 Million | -5.29% | 159.93x | $2.54 Million |
| Beasley Broadcast Group Inc (BBGI) | $54.18 Million | -6.88% | 4.21x | $22.72 Million |
| FreeCast, Inc. Class A Common Stock (CAST) | $-117.67 Million | 0.00% | 0.00x | $96.25 Million |
| Curiositystream Inc. (CURI) | $117.63 Million | -43.29% | 0.31x | $155.66 Million |
| CuriosityStream Inc (CURIW) | $72.65 Million | -67.31% | 0.39x | $119.80 |
| Fubotv Inc (FUBO) | $223.18 Million | -15.40% | 0.65x | $270.22 Million |
| Gray Television Inc (GTN) | $3.90 Million | -10.26% | 5.77x | $349.65 Million |
| Gray Television Inc (GTN-A) | $362.77 Million | 3.87% | 2.65x | $70.17 Million |
| iHeartMedia Inc Class A (IHRT) | $2.95 Billion | 321.55% | 2.74x | $535.86 Million |
| Mediaco Holding Inc (MDIA) | $80.29 Million | 6.69% | 0.07x | $77.63 Million |
About Cumulus Media Inc Class A
Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. The company owns and operates stations in various markets, as well as affiliated stations through Westwood One. Its content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, Infinity Sports Network, AP News,… Read more