Cumulus Media annual debt-to-ebitda ratio
2010
2011
2012
2013
2014
2019
2020
2021
2022
2023
Cumulus Media Debt-to-EBITDA Ratio Growth & History (CMLSQ)
Cumulus Media's debt-to-ebitda ratio was 48.32 for fiscal 2023.
View full Cumulus Media company overviewCumulus Media annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 48.32 | 41.97 | +660.81% |
| 2022 | 2022-12-31 | 6.35 | −1.42 | −18.29% |
| 2021 | 2021-12-31 | 7.77 | −19.35 | −71.35% |
| 2020 | 2020-12-31 | 27.13 | 21.83 | +412.54% |
| 2019 | 2019-12-31 | 5.29 | — | — |
| 2014 | 2014-12-31 | 6.77 | 0.12 | +1.87% |
| 2013 | 2013-12-31 | 6.64 | −4.22 | −38.85% |
| 2012 | 2012-12-31 | 10.86 | −11.82 | −52.11% |
| 2011 | 2011-12-31 | 22.68 | 14.20 | +167.57% |
| 2010 | 2010-12-31 | 8.48 | — | — |
Cumulus Media quarterly debt-to-ebitda ratio
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.16
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2024 | 2024-03-31 | 181.47 | 172.85 | +2005.36% |
| Q4 2023 | 2023-12-31 | 48.32 | 41.97 | +660.81% |
| Q3 2023 | 2023-09-30 | 11.37 | 3.66 | +47.44% |
| Q2 2023 | 2023-06-30 | 10.20 | 3.35 | +48.83% |
| Q1 2023 | 2023-03-31 | 8.62 | 0.68 | +8.56% |
| Q4 2022 | 2022-12-31 | 6.35 | −1.42 | −18.29% |
| Q3 2022 | 2022-09-30 | 7.71 | 4.49 | +139.78% |
| Q2 2022 | 2022-06-30 | 6.86 | 1.23 | +21.92% |
| Q1 2022 | 2022-03-31 | 7.94 | −44.75 | −84.93% |
| Q4 2021 | 2021-12-31 | 7.77 | −19.35 | −71.35% |
| Q3 2021 | 2021-09-30 | 3.22 | −31.84 | −90.83% |
| Q2 2021 | 2021-06-30 | 5.62 | −7.97 | −58.63% |
| Q1 2021 | 2021-03-31 | 52.69 | 46.74 | +784.91% |
| Q4 2020 | 2020-12-31 | 27.13 | 21.83 | +412.54% |
| Q3 2020 | 2020-09-30 | 35.06 | — | — |
| Q2 2020 | 2020-06-30 | 13.59 | — | — |
| Q1 2020 | 2020-03-31 | 5.95 | — | — |
| Q4 2019 | 2019-12-31 | 5.29 | — | — |
| Q3 2016 | 2016-09-30 | 6.40 | — | — |
| Q2 2015 | 2015-06-30 | 7.43 | 0.59 | +8.68% |
| Q1 2015 | 2015-03-31 | 7.05 | 0.44 | +6.73% |
| Q4 2014 | 2014-12-31 | 6.77 | 0.12 | +1.87% |
| Q3 2014 | 2014-09-30 | 7.19 | −2.60 | −26.52% |
| Q2 2014 | 2014-06-30 | 6.84 | −3.12 | −31.31% |
| Q1 2014 | 2014-03-31 | 6.60 | −5.09 | −43.56% |
| Q4 2013 | 2013-12-31 | 6.64 | −4.22 | −38.85% |
| Q3 2013 | 2013-09-30 | 9.79 | 2.35 | +31.51% |
| Q2 2013 | 2013-06-30 | 9.96 | −1.40 | −12.32% |
| Q1 2013 | 2013-03-31 | 11.70 | −4.55 | −28.00% |
| Q4 2012 | 2012-12-31 | 10.86 | −11.82 | −52.11% |
| Q3 2012 | 2012-09-30 | 7.44 | — | — |
| Q2 2012 | 2012-06-30 | 11.36 | — | — |
| Q1 2012 | 2012-03-31 | 16.24 | — | — |
| Q4 2011 | 2011-12-31 | 22.68 | — | — |
Cumulus Media debt-to-ebitda ratio trends
Between the periods ended 2010-12-31 and 2023-12-31, Cumulus Media's debt-to-ebitda ratio increased from 8.48 to 48.32, a change of 39.84. The latest reported quarter, Q1 2024, shows 181.47.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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