Cumulus Historical Income Statement
| CMLS Stock | USD 2.75 0.11 4.17% |
Historical analysis of Cumulus Media income statement accounts such as Interest Expense of 53.3 M, Selling General Administrative of 49.7 M or Total Revenue of 699.3 M can show how well Cumulus Media Class performed in making a profits. Evaluating Cumulus Media income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cumulus Media's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Cumulus Media Class latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cumulus Media Class is a good buy for the upcoming year.
Cumulus |
About Cumulus Income Statement Analysis
Cumulus Media Class Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cumulus Media shareholders. The income statement also shows Cumulus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Cumulus Media Income Statement Chart
Cumulus Media Class Income Statement is one of the three primary financial statements used for reporting Cumulus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cumulus Media Class revenue and expense. Cumulus Media Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cumulus Media's Operating Income is comparatively stable compared to the past year. EBITDA is likely to gain to about 143.6 M in 2024, whereas Interest Expense is likely to drop slightly above 53.3 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Cumulus Media Class generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Cumulus Media Class minus its cost of goods sold. It is profit before Cumulus Media operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Cumulus Media's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cumulus Media Class current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Cumulus Media's Operating Income is comparatively stable compared to the past year. EBITDA is likely to gain to about 143.6 M in 2024, whereas Interest Expense is likely to drop slightly above 53.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 557.8M | 596.0M | 445.9M | 347.3M | Total Revenue | 916.5M | 953.5M | 844.5M | 699.3M |
Cumulus Media income statement Correlations
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Cumulus Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cumulus Media income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 37.0M | 52.3M | 49.5M | 78.8M | 65.3M | 55.2M | |
| Interest Expense | 82.9M | 68.1M | 67.8M | 64.9M | 71.3M | 53.3M | |
| Selling General Administrative | 500.9M | 402.0M | 437.1M | 389.6M | 52.3M | 49.7M | |
| Total Revenue | 1.1B | 816.2M | 916.5M | 953.5M | 844.5M | 699.3M | |
| Gross Profit | 707.8M | 479.1M | 557.8M | 596.0M | 445.9M | 347.3M | |
| Other Operating Expenses | 962.6M | 794.6M | 850.4M | 851.5M | 808.6M | 653.9M | |
| Operating Income | 166.2M | 21.4M | 69.1M | 79.8M | 36.0M | 37.8M | |
| Ebit | 166.2M | 21.4M | 69.1M | 79.8M | 36.0M | 34.2M | |
| Ebitda | 203.2M | 73.7M | 118.6M | 158.6M | 101.2M | 143.6M | |
| Cost Of Revenue | 405.7M | 337.1M | 358.7M | 357.5M | 398.6M | 352.0M | |
| Total Operating Expenses | 556.9M | 457.5M | 491.7M | 494.0M | 410.0M | 301.9M | |
| Income Before Tax | 83.5M | (79.0M) | 20.3M | 19.6M | (100.7M) | (105.7M) | |
| Total Other Income Expense Net | (82.7M) | (100.4M) | (48.9M) | (60.2M) | (136.7M) | (143.5M) | |
| Net Income | 61.3M | (59.7M) | 17.3M | 16.2M | (117.9M) | (123.8M) | |
| Income Tax Expense | 22.3M | (19.2M) | 3.0M | 3.4M | 17.2M | 18.0M | |
| Selling And Marketing Expenses | 3.5M | 3.1M | 1.1M | 44K | 357.6M | 375.5M | |
| Net Income Applicable To Common Shares | 61.3M | (59.7M) | 17.3M | 16.2M | 18.7M | 19.6M | |
| Net Income From Continuing Ops | 61.3M | (59.7M) | 17.3M | 16.2M | (19.9M) | (20.9M) | |
| Tax Provision | 22.3M | (19.2M) | 3.0M | 3.4M | (5.5M) | (5.8M) | |
| Interest Income | 86K | 25K | 6K | 340K | 2.4M | 2.2M | |
| Net Interest Income | (82.9M) | (68.1M) | (67.8M) | (64.9M) | (69.2M) | (72.6M) | |
| Reconciled Depreciation | 76.6M | 63.2M | 53.5M | 56.4M | 58.8M | 48.8M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cumulus Media in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cumulus Media's short interest history, or implied volatility extrapolated from Cumulus Media options trading.
Pair Trading with Cumulus Media
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cumulus Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cumulus Media will appreciate offsetting losses from the drop in the long position's value.Moving together with Cumulus Stock
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Moving against Cumulus Stock
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The ability to find closely correlated positions to Cumulus Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cumulus Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cumulus Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cumulus Media Class to buy it.
The correlation of Cumulus Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cumulus Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cumulus Media Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cumulus Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Cumulus Stock analysis
When running Cumulus Media's price analysis, check to measure Cumulus Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cumulus Media is operating at the current time. Most of Cumulus Media's value examination focuses on studying past and present price action to predict the probability of Cumulus Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cumulus Media's price. Additionally, you may evaluate how the addition of Cumulus Media to your portfolios can decrease your overall portfolio volatility.
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Is Cumulus Media's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cumulus Media. If investors know Cumulus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cumulus Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.64) | Earnings Share (6.83) | Revenue Per Share 48.905 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0097 |
The market value of Cumulus Media Class is measured differently than its book value, which is the value of Cumulus that is recorded on the company's balance sheet. Investors also form their own opinion of Cumulus Media's value that differs from its market value or its book value, called intrinsic value, which is Cumulus Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cumulus Media's market value can be influenced by many factors that don't directly affect Cumulus Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cumulus Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cumulus Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cumulus Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.