| CMLS Stock | | | USD 0.74 0.01 1.37% |
Cumulus Media financial indicator trend analysis is way more than just evaluating Cumulus Media Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cumulus Media Class is a good investment. Please check the relationship between Cumulus Media Discontinued Operations and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Discontinued Operations vs Other Operating Expenses
Discontinued Operations vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cumulus Media Class Discontinued Operations account and
Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cumulus Media's Discontinued Operations and Other Operating Expenses is 0.73. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Cumulus Media Class, assuming nothing else is changed. The correlation between historical values of Cumulus Media's Discontinued Operations and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Cumulus Media Class are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Discontinued Operations i.e., Cumulus Media's Discontinued Operations and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.73 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Discontinued Operations
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cumulus Media Class. It is also known as Cumulus Media overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Cumulus Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cumulus Media Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Cumulus Media's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 24.14 in 2024, whereas Discontinued Operations is likely to drop slightly above 105.6
M in 2024.
Cumulus Media fundamental ratios Correlations
Click cells to compare fundamentals
Cumulus Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cumulus Media fundamental ratios Accounts
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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.