IHeartMedia Financials

IHRT Stock  USD 2.40  0.05  2.04%   
Based on the key measurements obtained from IHeartMedia's financial statements, iHeartMedia Class A may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. At this time, IHeartMedia's Intangible Assets are comparatively stable compared to the past year. Long Term Debt is likely to gain to about 8 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 806 M in 2024. Key indicators impacting IHeartMedia's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.341.7761
Way Down
Pretty Stable
The financial analysis of IHeartMedia is a critical element in measuring its lifeblood. Investors should not minimize IHeartMedia's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(1.05 Billion)

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

IHeartMedia Earnings Geography

Please note, the imprecision that can be found in IHeartMedia's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of iHeartMedia Class A. Check IHeartMedia's Beneish M Score to see the likelihood of IHeartMedia's management manipulating its earnings.

IHeartMedia Stock Summary

IHeartMedia competes with Disney, Roku, Netflix, AMC Entertainment, and Warner Bros. iHeartMedia, Inc. operates as a media and entertainment company worldwide. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. is headquartered in San Antonio, Texas. Iheartmedia operates under Broadcasting classification in the United States and is traded on NASDAQ Exchange. It employs 9180 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS45174J5092
CUSIP45174J509 45174J608
LocationTexas; U.S.A
Business Address20880 Stone Oak
SectorMedia
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.iheartmedia.com
Phone210 822 2828
CurrencyUSD - US Dollar

IHeartMedia Key Financial Ratios

IHeartMedia Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.0B9.2B8.9B8.3B7.0B10.7B
Other Current Liab344.9M180.7M243.9M249.5M231.9M220.3M
Net Debt6.2B6.1B6.2B6.0B5.7B5.4B
Retained Earnings112.5M(1.8B)(2.0B)(2.2B)(3.3B)(3.5B)
Accounts Payable87.4M149.3M206.0M240.5M236.2M171.5M
Cash400.3M720.7M352.1M336.2M346.4M605.5M
Net Receivables928.7M813.8M1.0B1.0B1.0B1.0B
Good Will3.3B2.1B2.3B2.3B1.7B3.0B
Inventory507K1.2M3.2M79.1M1.00.95
Other Current Assets801K83.3M87.2M98.7M119.3M76.2M
Total Liab8.1B8.2B8.0B7.7B7.3B7.0B
Total Current Assets1.4B1.6B1.5B1.5B1.5B1.9B
Short Term Debt86.7M187.8M177.8M140.7M148.0M140.6M
Intangible Assets4.5B3.7B3.4B2.9B2.3B3.6B
Common Stock65K72K142K144K146K105.1K
Other Liab795.6M627.7M639.1M557.1M501.4M476.4M
Net Tangible Assets(4.8B)(4.0B)(2.4B)(4.5B)(5.2B)(5.5B)
Other Assets32.4M2.9B126.7M45.4M1.00.95
Long Term Debt5.8B6.0B5.7B5.4B5.2B8.0B
Short Long Term Debt8.9M34.8M673K664K340K323K

IHeartMedia Key Income Statement Accounts

The reason investors look at the income statement is to determine what IHeartMedia's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense266.3M343.7M332.4M341.7M389.8M370.3M
Total Revenue3.7B2.9B3.6B3.9B3.8B4.3B
Gross Profit2.2B1.8B2.2B2.4B2.3B2.5B
Operating Income606.2M1.7B226.7M366.0M(797.3M)(757.4M)
Ebit606.2M8.1M239.4M391.7M173.3M164.6M
Ebitda908.7M411.0M708.8M837.3M601.7M1.1B
Cost Of Revenue1.5B1.2B1.3B1.5B1.5B1.8B
Income Before Tax9.7B(2.1B)(150.0M)(258.0M)(1.2B)(1.2B)
Net Income9.5B(1.9B)(158.4M)(262.7M)(1.1B)(1.0B)
Income Tax Expense59.2M(183.6M)8.4M4.7M(62.3M)(65.5M)
Minority Interest9.1M(523K)810K(2.0M)(2.3M)(2.2M)

IHeartMedia Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(18.7M)309.6M(368.6M)(15.9M)9.7M7.9M
Free Cash Flow352.7M130.7M147.2M259.1M110.4M58.3M
Depreciation302.5M402.9M469.4M445.7M428.5M481.0M
Other Non Cash Items(11.1B)1.8B48.4M286.1M947.9M995.3M
Capital Expenditures76.0M85.2M183.4M161.0M102.7M97.5M
Net Income11.3B(1.9B)(158.4M)(262.7M)(1.1B)(1.0B)
End Period Cash Flow205.3M721.2M352.6M336.7M346.4M604.5M
Change To Inventory16.7M344.8M(6.5M)1.6M1.8M1.7M
Investments(345.5M)50.8M(147.8M)(129.2M)(51.3M)(48.8M)
Net Borrowings(43.4M)242.6M(352.4M)(300.1M)(270.1M)(256.6M)
Change To Netincome(11.1B)1.6B71.4M242.9M218.7M229.6M

IHeartMedia Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IHeartMedia's current stock value. Our valuation model uses many indicators to compare IHeartMedia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IHeartMedia competition to find correlations between indicators driving IHeartMedia's intrinsic value. More Info.
iHeartMedia Class A is rated below average in return on equity category among its peers. It is rated fifth overall in return on asset category among its peers . At this time, IHeartMedia's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value IHeartMedia by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

iHeartMedia Class Systematic Risk

IHeartMedia's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IHeartMedia 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.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on iHeartMedia Class correlated with the market. If Beta is less than 0 IHeartMedia generally moves in the opposite direction as compared to the market. If IHeartMedia Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iHeartMedia Class is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IHeartMedia is generally in the same direction as the market. If Beta > 1 IHeartMedia moves generally in the same direction as, but more than the movement of the benchmark.

IHeartMedia Thematic Clasifications

iHeartMedia Class A is part of Communication investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
CommunicationView
This theme covers USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in IHeartMedia Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IHeartMedia'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 IHeartMedia growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.001081)

At this time, IHeartMedia's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

IHeartMedia November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of IHeartMedia help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iHeartMedia Class A. We use our internally-developed statistical techniques to arrive at the intrinsic value of iHeartMedia Class A based on widely used predictive technical indicators. In general, we focus on analyzing IHeartMedia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IHeartMedia's daily price indicators and compare them against related drivers.

Additional Tools for IHeartMedia Stock Analysis

When running IHeartMedia's price analysis, check to measure IHeartMedia'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 IHeartMedia is operating at the current time. Most of IHeartMedia's value examination focuses on studying past and present price action to predict the probability of IHeartMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IHeartMedia's price. Additionally, you may evaluate how the addition of IHeartMedia to your portfolios can decrease your overall portfolio volatility.