Cumulus Media Inc Class A (CMLS) - Net Assets

Latest as of December 2024: $6.95 Million USD

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. Check asset resilience ratio of Cumulus Media Inc Class A to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Cumulus Media Inc Class A's balance sheet for the complete picture of this company's asset 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 stock valuation.

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
MOBA Network publ AB
ST:MOBA
 $2.54 Million
Redcentric
LSE:RCN
 $2.54 Million
Puma VCT 13 PLC
LSE:PU13
 $2.54 Million
EDENVILLE ENERGY PLC-01
F:UZH0
 $2.54 Million
City Of London Investment Group
LSE:CLIG
 $2.54 Million
Great Western Mining Corp Plc
IR:8GW
 $2.53 Million
Aesthetic Medical International Holdings Group Limited
NASDAQ:PAIYY
 $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: $504,885,138
  • Average return on equity (ROE) among peers: -33.92%

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) $88.00 Million 12.17% 2.19x $7.05 Million
Curiositystream Inc. (CURI) $44.97 Million -108.06% 0.97x $179.56 Million
CuriosityStream Inc (CURIW) $57.85 Million -22.37% 0.49x $119.51
Fubotv Inc (FUBO) $232.55 Million -4.56% 0.23x $412.68 Million
Gray Television Inc (GTN) $122.95 Million 7.35% 9.04x $400.53 Million
Gray Television Inc (GTN-A) $2.93 Billion 12.79% 2.59x $117.44 Million
iHeartMedia Inc Class A (IHRT) $1.05 Billion -182.21% 7.76x $527.25 Million
Mediaco Holding Inc (MDIA) $37.41 Million -20.40% 1.82x $51.19 Million
Newsmax, Inc. (NMAX) $-23.58 Million 0.00% 0.00x $569.90 Million

About Cumulus Media Inc Class A

NASDAQ:CMLS USA Broadcasting
Market Cap
$2.54 Million
Market Cap Rank
#29429 Global
#5749 in USA
Share Price
$0.15
Change (1 day)
+0.00%
52-Week Range
$0.15 - $0.15
All Time High
$20.90
Categories
Companies in USA Broadcasting
About

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