Clear Channel Financials

CCO Stock  USD 1.59  0.01  0.63%   
Based on the analysis of Clear Channel's profitability, liquidity, and operating efficiency, Clear Channel Outdoor is doing better financially today then in previous quarter. It has a moderate likelihood of reporting better financial numbers in December. At this time, Clear Channel's Current Deferred Revenue is very stable compared to the past year. As of the 26th of November 2024, Accounts Payable is likely to grow to about 95.9 M, though Total Stockholder Equity is likely to grow to (3.3 B). Key indicators impacting Clear Channel's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.631.0834
Way Up
Pretty Stable
Investors should never underestimate Clear Channel's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Clear Channel's cash flow, debt, and profitability to make informed and accurate decisions about investing in Clear Channel Outdoor.

Cash And Equivalents

432.19 Million

  
Understanding current and past Clear Channel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Clear Channel's financial statements are interrelated, with each one affecting the others. For example, an increase in Clear Channel's assets may result in an increase in income on the income statement.

Clear Channel Stock Summary

Clear Channel competes with Innovid Corp, Townsquare Media, Criteo Sa, Deluxe, and Travelzoo. Clear Channel Outdoor Holdings, Inc. owns, operates, and sells advertising displays in the United States and internationally. Clear Channel Outdoor Holdings, Inc. was founded in 1901 and is headquartered in San Antonio, Texas. Clear Channel operates under Advertising Agencies classification in the United States and is traded on New York Stock Exchange. It employs 4600 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS18453H1068
CUSIP18453H106 18451C109
LocationTexas; U.S.A
Business Address4830 North Loop
SectorMedia
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websiteclearchanneloutdoor.com
Phone210 547 8800
CurrencyUSD - US Dollar

Clear Channel Key Financial Ratios

Clear Channel Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.4B5.8B5.3B5.1B4.7B4.8B
Other Current Liab573.4M173.3M215.4M762.4M284.3M428.9M
Other Current Assets3.2M64.5M80.6M385.0M205.9M151.7M
Total Liab8.4B8.5B8.5B8.3B8.2B6.1B
Total Current Assets1.2B1.3B1.1B1.1B957.4M1.3B
Other Liab599.1M555.0M485.7M380.6M437.7M416.7M
Net Debt6.6B6.5B6.8B6.8B6.9B4.4B
Retained Earnings(5.3B)(5.9B)(6.4B)(6.5B)(6.8B)(6.4B)
Accounts Payable94.6M101.2M108.6M73.4M63.6M95.9M
Cash398.9M785.3M410.8M286.8M251.7M354.6M
Other Assets89.1M3.4B82.3M73.1M84.1M79.8M
Long Term Debt5.1B5.6B5.6B5.6B5.6B4.4B
Net Receivables713.1M468.3M643.1M453.7M499.8M540.8M
Good Will704.2M709.6M698.7M650.6M656.6M650.6M
Inventory21.1M16.6M54.2M186.9M214.9M225.7M
Short Term Debt408.2M709.0M654.5M233.2M433.8M455.5M
Intangible Assets1.3B1.1B989.1M974.2M904.9M1.0B
Common Stock4.7M4.7M4.7M4.8M4.9M4.3M
Treasury Stock(6.6M)(2.6M)(3.1M)(7.8M)(7.1M)(6.7M)
Net Tangible Assets(3.9B)(4.6B)(4.9B)(4.9B)(4.4B)(4.6B)

Clear Channel Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense419.5M360.3M350.5M362.7M421.4M275.4M
Total Revenue2.7B1.9B2.2B2.5B2.1B2.9B
Gross Profit1.2B653.4M970.9M1.2B1.0B987.0M
Operating Income252.9M(142.2M)104.5M231.5M236.9M248.7M
Ebit252.9M(298.0M)(117.2M)232.9M247.1M189.9M
Ebitda552.1M319.0M497.6M450.7M488.9M509.7M
Income Before Tax(289.5M)(658.2M)(467.6M)(166.2M)(174.3M)(183.0M)
Net Income(361.8M)(600.2M)(433.1M)(94.4M)(310.9M)(326.5M)
Income Tax Expense72.3M(58.0M)(34.5M)(71.8M)(17.2M)(18.1M)
Cost Of Revenue1.5B1.2B1.3B1.3B1.1B1.1B
Minority Interest1.5M(17.5M)695K(2.2M)(1.6M)(1.6M)
Non Recurring7.8M(5.3M)150.4M119.0M136.8M143.6M
Tax Provision72.3M(58.0M)(34.5M)(71.8M)(83.4M)(79.2M)
Interest Income1.3M360.3M350.5M362.7M417.1M437.9M
Net Interest Income(419.5M)(360.3M)(350.5M)(362.7M)(415.6M)(436.4M)

Clear Channel Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash214.2M378.0M(375.1M)(121.3M)(38.1M)(36.2M)
Free Cash Flow(17.9M)(262.0M)(281.5M)(44.7M)(147.5M)(140.1M)
Depreciation309.3M269.4M372.1M293.4M258.3M297.5M
Other Non Cash Items124.5M465.6M476.9M377.5M251.7M266.7M
Capital Expenditures232.5M124.2M148.0M184.7M178.7M180.1M
Net Income(361.8M)(600.2M)(433.1M)(94.4M)(159.2M)(167.2M)
End Period Cash Flow417.1M795.1M420.0M298.7M260.5M364.8M
Change To Netincome148.3M39.0M453.2M329.6M379.0M398.0M
Change To Inventory78.1M(331.4M)(456.0M)(6.8M)(7.8M)(8.2M)
Dividends Paid332.8M30.7M740K405K364.5K346.3K
Change Receivables(74.6M)(12.6M)109.0M(177.1M)(159.4M)(151.4M)
Net Borrowings(190.1M)419.6M(55.5M)(21.4M)(19.2M)(18.3M)
Investments(220.0M)94.5M(152.7M)(221.7M)(88.8M)(93.2M)

Clear Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Clear Channel's current stock value. Our valuation model uses many indicators to compare Clear Channel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Clear Channel competition to find correlations between indicators driving Clear Channel's intrinsic value. More Info.
Clear Channel Outdoor is rated fifth in return on asset category among its peers. It is rated second in profit margin category among its peers . At this time, Clear Channel's Net Loss is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Clear Channel's earnings, one of the primary drivers of an investment's value.

Clear Channel Outdoor Systematic Risk

Clear Channel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Clear Channel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Clear Channel Outdoor correlated with the market. If Beta is less than 0 Clear Channel generally moves in the opposite direction as compared to the market. If Clear Channel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Clear Channel Outdoor is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Clear Channel is generally in the same direction as the market. If Beta > 1 Clear Channel moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Clear Channel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Clear Channel's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Clear Channel growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0119)

At this time, Clear Channel's Price Earnings To Growth Ratio is very stable compared to the past year.

Clear Channel November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Clear Channel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Clear Channel Outdoor. We use our internally-developed statistical techniques to arrive at the intrinsic value of Clear Channel Outdoor based on widely used predictive technical indicators. In general, we focus on analyzing Clear Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Clear Channel's daily price indicators and compare them against related drivers.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Clear Channel Outdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
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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.