Clear Financial Statements From 2010 to 2024

CCO Stock  USD 1.58  0.01  0.63%   
Clear Channel financial statements provide useful quarterly and yearly information to potential Clear Channel Outdoor investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Clear Channel financial statements helps investors assess Clear Channel's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Clear Channel's valuation are summarized below:
Gross Profit
1.2 B
Profit Margin
(0.06)
Market Capitalization
777.6 M
Enterprise Value Revenue
3.5057
Revenue
2.2 B
We have found one hundred twenty available fundamental signals for Clear Channel Outdoor, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Clear Channel's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to grow to about 2.2 B

Clear Channel Total Revenue

2.87 Billion

Check Clear Channel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clear Channel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 319.8 M, Interest Expense of 275.4 M or Selling General Administrative of 143.4 M, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 6.0E-4 or Days Sales Outstanding of 110. Clear financial statements analysis is a perfect complement when working with Clear Channel Valuation or Volatility modules.
  
Check out the analysis of Clear Channel Correlation against competitors.

Clear Channel Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.8 B4.7 B5.9 B
Slightly volatile
Other Current Liabilities428.9 M284.3 M580.1 M
Slightly volatile
Total Current Liabilities960.1 M883.7 M936.7 M
Very volatile
Property Plant And Equipment Net1.6 B2.2 B1.8 B
Pretty Stable
Non Current Assets Total3.8 B3.8 B4.7 B
Slightly volatile
Non Currrent Assets Other43.7 M46 M565.9 M
Slightly volatile
Common Stock Shares Outstanding410.2 M481.7 M393.4 M
Slightly volatile
Liabilities And Stockholders Equity4.8 B4.7 B5.9 B
Slightly volatile
Non Current Liabilities Total5.1 B7.3 B5.8 B
Slightly volatile
Other Current Assets151.7 M205.9 M110.7 M
Very volatile
Other Stockholder Equity3.3 B3.5 BB
Slightly volatile
Total Liabilities6.1 B8.2 B6.7 B
Slightly volatile
Property Plant And Equipment Gross2.6 B4.1 B2.5 B
Slightly volatile
Total Current Assets1.3 B957.4 M1.2 B
Very volatile
Short and Long Term Debt Total4.7 B7.2 B5.3 B
Slightly volatile
Other Liabilities416.7 M437.7 M462.8 M
Slightly volatile
Current Deferred Revenue75.4 M50.9 M89.4 M
Slightly volatile
Net Debt4.4 B6.9 B4.9 B
Slightly volatile
Accounts Payable95.9 M63.6 M104.6 M
Slightly volatile
Cash354.6 M251.7 M360.6 M
Very volatile
Other Assets79.8 M84.1 M426.2 M
Pretty Stable
Long Term Debt4.4 B5.6 B4.8 B
Slightly volatile
Cash And Short Term Investments354.6 M251.7 M360.6 M
Very volatile
Net Receivables540.8 M499.8 M644.5 M
Slightly volatile
Good Will650.6 M656.6 M735.5 M
Slightly volatile
Inventory225.7 M214.9 M70.8 M
Slightly volatile
Short Term Debt455.5 M433.8 M206.4 M
Slightly volatile
Intangible AssetsB904.9 M1.2 B
Slightly volatile
Property Plant Equipment1.4 BB1.5 B
Pretty Stable
Common Stock Total Equity4.1 M5.5 MM
Slightly volatile
Common Stock4.3 M4.9 MM
Slightly volatile
Long Term Debt Total5.5 B6.4 BB
Slightly volatile
Capital Surpluse3.1 B3.2 BB
Slightly volatile
Long Term Investments7.3 M7.6 M411.3 M
Slightly volatile
Non Current Liabilities Other95.5 M100.6 M379.6 M
Pretty Stable
Short and Long Term Debt581.4 K612 K1.3 B
Slightly volatile
Cash And Equivalents432.2 M329.8 M450.9 M
Slightly volatile
Net Invested Capital2.2 B2.2 B2.9 B
Slightly volatile
Capital StockM4.9 M4.1 M
Slightly volatile
Capital Lease Obligations1.3 B1.5 B1.8 B
Slightly volatile

Clear Channel Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization319.8 M241.8 M391.7 M
Slightly volatile
Selling General Administrative143.4 M151 M549.2 M
Slightly volatile
Total Revenue2.9 B2.1 B2.6 B
Pretty Stable
Gross Profit987 MB1.2 B
Slightly volatile
Other Operating ExpensesB1.9 B2.3 B
Slightly volatile
EBITDA509.7 M488.9 M614.4 M
Slightly volatile
Total Operating Expenses894.4 M520 M973.1 M
Slightly volatile
Cost Of Revenue1.1 B1.1 B1.4 B
Slightly volatile
Interest Income437.9 M417.1 M248.5 M
Pretty Stable
Reconciled Depreciation249.5 M294 M314.3 M
Slightly volatile
Selling And Marketing Expenses294.6 M331.4 M360.9 M
Slightly volatile

Clear Channel Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow354.1 M298.7 M394.4 M
Very volatile
Depreciation297.5 M258.3 M345.7 M
Slightly volatile
Capital Expenditures180.1 M178.7 M212.3 M
Slightly volatile
End Period Cash Flow364.8 M260.5 M369.4 M
Very volatile
Stock Based Compensation12.9 M20.5 M12 M
Slightly volatile
Dividends Paid346.3 K364.5 K247.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.390.41220.8966
Slightly volatile
Dividend Yield6.0E-46.0E-40.1085
Slightly volatile
Days Sales Outstanding11085.763593.6958
Pretty Stable
Stock Based Compensation To Revenue0.01010.00960.0052
Slightly volatile
Capex To Depreciation0.670.69180.62
Very volatile
EV To Sales2.333.66682.8645
Slightly volatile
Inventory Turnover6.076.3947.3546
Slightly volatile
Days Of Inventory On Hand48.5546.2417.1235
Slightly volatile
Payables Turnover11.2217.184114.9083
Very volatile
Sales General And Administrative To Revenue0.06740.0710.215
Slightly volatile
Capex To Revenue0.09210.0840.0834
Slightly volatile
Cash Per Share0.680.52240.9041
Pretty Stable
Days Payables Outstanding34.1621.240628.4829
Pretty Stable
Intangibles To Total Assets0.270.33060.3403
Pretty Stable
Current Ratio1.631.08341.4072
Pretty Stable
Receivables Turnover3.024.25593.9586
Pretty Stable
Graham Number12.3210.21758.1479
Slightly volatile
Capex Per Share0.670.3710.5691
Slightly volatile
Revenue Per Share7.844.41576.7759
Slightly volatile
Interest Debt Per Share8.9613.015512.7191
Pretty Stable
Debt To Assets1.31.23840.8818
Slightly volatile
Operating Cycle12385.7635105
Pretty Stable
Days Of Payables Outstanding34.1621.240628.4829
Pretty Stable
Long Term Debt To Capitalization2.732.59721.5385
Slightly volatile
Total Debt To Capitalization2.572.45171.4961
Slightly volatile
Quick Ratio1.571.08341.3604
Pretty Stable
Cash Ratio0.310.28480.4161
Pretty Stable
Cash Conversion Cycle88.4464.52376.8497
Pretty Stable
Days Of Inventory Outstanding48.5546.2417.1235
Slightly volatile
Days Of Sales Outstanding11085.763593.6958
Pretty Stable
Fixed Asset Turnover1.150.98591.58
Pretty Stable
Debt Ratio1.31.23840.8818
Slightly volatile
Price Sales Ratio0.390.41220.8966
Slightly volatile
Asset Turnover0.350.45040.4325
Pretty Stable
Gross Profit Margin0.510.48630.4579
Very volatile

Clear Channel Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.2 B2.2 BB
Slightly volatile
Enterprise Value7.5 B7.7 B6.9 B
Slightly volatile

Clear Fundamental Market Drivers

Cash And Short Term Investments251.7 M

Clear Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Clear Channel Financial Statements

Clear Channel investors utilize fundamental indicators, such as revenue or net income, to predict how Clear Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue50.9 M75.4 M
Total Revenue2.1 B2.9 B
Cost Of Revenue1.1 B1.1 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.07  0.07 
Capex To Revenue 0.08  0.09 
Revenue Per Share 4.42  7.84 
Ebit Per Revenue 0.11  0.12 

Pair Trading with Clear Channel

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 Clear Channel 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 Clear Channel will appreciate offsetting losses from the drop in the long position's value.

Moving against Clear Stock

  0.34DRCT Direct Digital HoldingsPairCorr
  0.32IQ iQIYI IncPairCorr
The ability to find closely correlated positions to Clear Channel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clear Channel 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 Clear Channel - 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 Clear Channel Outdoor to buy it.
The correlation of Clear Channel 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 Clear Channel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clear Channel Outdoor 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 Clear Channel 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.
Pair CorrelationCorrelation Matching
When determining whether Clear Channel Outdoor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clear Channel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clear Channel Outdoor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clear Channel Outdoor Stock:
Check out the analysis of Clear Channel Correlation against competitors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Advertising space 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 Clear Channel. If investors know Clear 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 Clear Channel 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
(0.76)
Earnings Share
(0.30)
Revenue Per Share
4.59
Quarterly Revenue Growth
0.061
Return On Assets
0.039
The market value of Clear Channel Outdoor is measured differently than its book value, which is the value of Clear that is recorded on the company's balance sheet. Investors also form their own opinion of Clear Channel's value that differs from its market value or its book value, called intrinsic value, which is Clear Channel'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 Clear Channel's market value can be influenced by many factors that don't directly affect Clear Channel'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 Clear Channel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clear Channel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clear Channel'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.