Cumulus Media Inc Class A (CMLS) — Tangible Net Worth Ratio

Latest as of December 2024: -8461.7%

Cumulus Media Inc Class A (CMLS) has a Tangible Net Worth Ratio of -8461.7% as of December 2024. This metric is calculated by deducting intangible assets ($595.12 Million) from net assets ($6.95 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is Cumulus Media Inc Class A's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-8461.7%
Tangible equity / total equity

Net Assets (Equity)

$6.95 Million
USD

Intangible Assets

$595.12 Million
Goodwill, patents, brand value

Total Assets

$1.12 Billion
USD

Cumulus Media Inc Class A Tangible Net Worth Ratio (1998–2024)

This chart shows how Cumulus Media Inc Class A's Tangible Net Worth Ratio has changed across 22 annual periods from 1998 to 2024. As of December 2024, the ratio stands at -8461.7%, reflecting net assets of $6.95 Million with intangible assets of $595.12 Million USD. See defensive interval ratio of Cumulus Media Inc Class A to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Cumulus Media Inc Class A (1998–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Cumulus Media Inc Class A from 1998 to 2024, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see CMLS market cap.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 -1007.1% $6.95 Million $76.96 Million $1.12 Billion ▼ -814.9 pp
2023 -192.3% $286.58 Million $837.63 Million $1.44 Billion ▼ -66.2 pp
2022 -126.1% $408.40 Million $923.29 Million $1.61 Billion ▲ +3.3 pp
2021 -129.4% $419.50 Million $962.29 Million $1.72 Billion ▲ +14.6 pp
2020 -144.0% $397.59 Million $969.98 Million $1.86 Billion ▼ -25.4 pp
2019 -118.5% $455.22 Million $994.87 Million $1.76 Billion ▲ +71.1 pp
2018 -189.7% $389.83 Million $1.13 Billion $1.78 Billion ▲ +10642.2 pp
2015 -10831.9% $16.03 Million $1.75 Billion $3.02 Billion ▼ -10592.0 pp
2014 -239.8% $541.58 Million $1.84 Billion $3.75 Billion ▲ +33.1 pp
2013 -272.9% $512.74 Million $1.91 Billion $3.87 Billion ▲ +211.5 pp
2012 -484.3% $318.50 Million $1.86 Billion $3.74 Billion ▲ +109.1 pp
2011 -593.4% $290.71 Million $2.02 Billion $4.04 Billion ▼ -36.5 pp
2007 -557.0% $119.28 Million $783.64 Million $1.06 Billion ▼ -379.8 pp
2006 -177.2% $337.01 Million $934.14 Million $1.33 Billion ▼ -67.8 pp
2005 -109.4% $586.01 Million $1.23 Billion $1.41 Billion ▼ -48.6 pp
2004 -60.8% $876.33 Million $1.41 Billion $1.62 Billion ▲ +5.0 pp
2003 -65.7% $784.30 Million $1.30 Billion $1.48 Billion ▼ -10.6 pp
2002 -55.1% $720.84 Million $1.12 Billion $1.36 Billion ▲ +31.7 pp
2001 -86.8% $423.88 Million $791.86 Million $965.32 Million ▼ -57.8 pp
2000 -29.0% $591.58 Million $763.00 Million $954.93 Million ▼ -39.8 pp
1999 10.8% $594.44 Million $530.05 Million $918.16 Million ▲ +67.0 pp
1998 -56.2% $258.80 Million $404.20 Million $517.60 Million
pp = percentage points