Cumulus Return On Assets from 2010 to 2024

CMLS Stock  USD 0.73  0.01  1.35%   
Cumulus Media Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to -0.09 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Cumulus Media Class earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.08)
Current Value
(0.09)
Quarterly Volatility
0.14342169
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cumulus Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cumulus Media's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.5 M, Interest Expense of 72.5 M or Selling General Administrative of 49.7 M, as well as many indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.0139 or PTB Ratio of 0.3. Cumulus financial statements analysis is a perfect complement when working with Cumulus Media Valuation or Volatility modules.
  
Check out the analysis of Cumulus Media Correlation against competitors.

Latest Cumulus Media's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Cumulus Media Class over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Cumulus Media's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cumulus Media's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Cumulus Return On Assets Regression Statistics

Arithmetic Mean(0.01)
Geometric Mean0.04
Coefficient Of Variation(1,209)
Mean Deviation0.08
Median(0.01)
Standard Deviation0.14
Sample Variance0.02
Range0.6385
R-Value(0.01)
Mean Square Error0.02
R-Squared0.0001
Significance0.97
Slope(0.0004)
Total Sum of Squares0.29

Cumulus Return On Assets History

2024 -0.0859
2023 -0.0818
2021 0.0101
2020 -0.0321
2019 0.0348
2018 0.43
2017 -0.1

About Cumulus Media Financial Statements

Cumulus Media shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Cumulus Media investors may analyze each financial statement separately, they are all interrelated. The changes in Cumulus Media's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cumulus Media's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets(0.08)(0.09)

Thematic Opportunities

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Additional 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.