IHeartMedia Cost Of Revenue vs Net Income Analysis

IHRT Stock

USD 2.45 0.13 5.60%

IHeartMedia financial indicator trend analysis is infinitely more than just investigating iHeartMedia Class recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iHeartMedia Class is a good investment. Please check the relationship between IHeartMedia Cost Of Revenue and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iHeartMedia Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iHeartMedia Class Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between IHeartMedia's Cost Of Revenue and Net Income is -0.35. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of iHeartMedia Class A, assuming nothing else is changed. The correlation between historical values of IHeartMedia's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of iHeartMedia Class A are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., IHeartMedia's Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on iHeartMedia Class income statement and represents the costs associated with goods and services IHeartMedia provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in iHeartMedia Class financial statement analysis. It represents the amount of money remaining after all of iHeartMedia Class A operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from IHeartMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iHeartMedia 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iHeartMedia Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Discontinued Operations is likely to gain to about 2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	332.4M	341.7M	389.8M	370.3M
Depreciation And Amortization	469.4M	445.7M	428.5M	392.6M

Interest Expense Depreciation And Amortization

IHeartMedia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.76	0.77	0.07	-0.49	0.93	0.3	0.76	-0.47	-0.55	0.34	0.99	-0.5	0.34	0.72	0.95	-0.59	0.28	0.78	0.63	0.38	-0.61	0.78	0.87	0.69	0.0
Short Long Term Debt Total	0.76		0.9	0.35	-0.73	0.81	0.52	1.0	-0.72	-0.45	0.44	0.71	-0.63	0.44	0.74	0.68	-0.42	-0.06	0.71	0.39	0.09	-0.78	0.86	0.67	0.79	0.28
Other Current Liab	0.77	0.9		0.34	-0.9	0.82	0.77	0.91	-0.88	-0.48	0.35	0.72	-0.69	0.35	0.92	0.77	-0.46	-0.14	0.85	0.3	-0.08	-0.93	0.98	0.59	0.83	0.25
Total Current Liabilities	0.07	0.35	0.34		-0.39	0.08	0.29	0.37	-0.39	-0.02	-0.23	0.06	-0.21	-0.23	0.37	0.17	-0.1	-0.12	-0.18	-0.03	-0.21	-0.35	0.31	-0.1	0.07	1.0
Total Stockholder Equity	-0.49	-0.73	-0.9	-0.39		-0.62	-0.88	-0.73	1.0	0.31	-0.34	-0.41	0.72	-0.34	-0.9	-0.51	0.32	0.38	-0.75	-0.12	0.25	0.97	-0.92	-0.29	-0.8	-0.32
Property Plant And Equipment Net	0.93	0.81	0.82	0.08	-0.62		0.39	0.81	-0.6	-0.43	0.42	0.89	-0.72	0.42	0.78	0.84	-0.42	0.15	0.81	0.55	0.37	-0.7	0.82	0.9	0.79	0.01
Current Deferred Revenue	0.3	0.52	0.77	0.29	-0.88	0.39		0.53	-0.88	-0.2	0.1	0.24	-0.57	0.1	0.78	0.41	-0.18	-0.32	0.64	-0.14	-0.42	-0.8	0.76	0.06	0.59	0.22
Net Debt	0.76	1.0	0.91	0.37	-0.73	0.81	0.53		-0.71	-0.44	0.41	0.71	-0.63	0.41	0.74	0.69	-0.41	-0.05	0.7	0.39	0.09	-0.77	0.85	0.67	0.77	0.3
Retained Earnings	-0.47	-0.72	-0.88	-0.39	1.0	-0.6	-0.88	-0.71		0.29	-0.34	-0.39	0.73	-0.34	-0.89	-0.48	0.3	0.39	-0.74	-0.1	0.26	0.96	-0.9	-0.27	-0.79	-0.32
Accounts Payable	-0.55	-0.45	-0.48	-0.02	0.31	-0.43	-0.2	-0.44	0.29		-0.4	-0.54	-0.1	-0.4	-0.27	-0.49	0.92	0.34	-0.47	-0.03	0.29	0.51	-0.46	-0.26	-0.44	0.01
Cash	0.34	0.44	0.35	-0.23	-0.34	0.42	0.1	0.41	-0.34	-0.4		0.25	-0.27	1.0	0.19	0.08	-0.37	-0.43	0.5	0.21	0.1	-0.44	0.37	0.34	0.77	-0.27
Non Current Assets Total	0.99	0.71	0.72	0.06	-0.41	0.89	0.24	0.71	-0.39	-0.54	0.25		-0.44	0.25	0.67	0.96	-0.58	0.36	0.72	0.63	0.41	-0.54	0.73	0.86	0.6	0.0
Non Currrent Assets Other	-0.5	-0.63	-0.69	-0.21	0.72	-0.72	-0.57	-0.63	0.73	-0.1	-0.27	-0.44		-0.27	-0.77	-0.49	-0.04	0.01	-0.61	-0.4	-0.22	0.67	-0.69	-0.55	-0.68	-0.14
Cash And Short Term Investments	0.34	0.44	0.35	-0.23	-0.34	0.42	0.1	0.41	-0.34	-0.4	1.0	0.25	-0.27		0.19	0.08	-0.37	-0.43	0.5	0.21	0.1	-0.44	0.37	0.34	0.77	-0.27
Net Receivables	0.72	0.74	0.92	0.37	-0.9	0.78	0.78	0.74	-0.89	-0.27	0.19	0.67	-0.77	0.19		0.75	-0.28	-0.06	0.8	0.36	0.01	-0.89	0.95	0.55	0.76	0.29
Good Will	0.95	0.68	0.77	0.17	-0.51	0.84	0.41	0.69	-0.48	-0.49	0.08	0.96	-0.49	0.08	0.75		-0.56	0.36	0.71	0.55	0.28	-0.6	0.77	0.73	0.55	0.1
Common Stock Total Equity	-0.59	-0.42	-0.46	-0.1	0.32	-0.42	-0.18	-0.41	0.3	0.92	-0.37	-0.58	-0.04	-0.37	-0.28	-0.56		0.19	-0.44	-0.13	0.19	0.51	-0.47	-0.23	-0.44	-0.07
Common Stock Shares Outstanding	0.28	-0.06	-0.14	-0.12	0.38	0.15	-0.32	-0.05	0.39	0.34	-0.43	0.36	0.01	-0.43	-0.06	0.36	0.19		-0.06	0.44	0.72	0.42	-0.11	0.38	-0.3	-0.11
Non Current Liabilities Total	0.78	0.71	0.85	-0.18	-0.75	0.81	0.64	0.7	-0.74	-0.47	0.5	0.72	-0.61	0.5	0.8	0.71	-0.44	-0.06		0.4	0.1	-0.8	0.88	0.66	0.85	-0.26
Inventory	0.63	0.39	0.3	-0.03	-0.12	0.55	-0.14	0.39	-0.1	-0.03	0.21	0.63	-0.4	0.21	0.36	0.55	-0.13	0.44	0.4		0.78	-0.17	0.37	0.69	0.36	-0.06
Other Current Assets	0.38	0.09	-0.08	-0.21	0.25	0.37	-0.42	0.09	0.26	0.29	0.1	0.41	-0.22	0.1	0.01	0.28	0.19	0.72	0.1	0.78		0.25	-0.01	0.6	0.08	-0.21
Other Stockholder Equity	-0.61	-0.78	-0.93	-0.35	0.97	-0.7	-0.8	-0.77	0.96	0.51	-0.44	-0.54	0.67	-0.44	-0.89	-0.6	0.51	0.42	-0.8	-0.17	0.25		-0.94	-0.38	-0.86	-0.27
Total Liab	0.78	0.86	0.98	0.31	-0.92	0.82	0.76	0.85	-0.9	-0.46	0.37	0.73	-0.69	0.37	0.95	0.77	-0.47	-0.11	0.88	0.37	-0.01	-0.94		0.59	0.85	0.22
Property Plant And Equipment Gross	0.87	0.67	0.59	-0.1	-0.29	0.9	0.06	0.67	-0.27	-0.26	0.34	0.86	-0.55	0.34	0.55	0.73	-0.23	0.38	0.66	0.69	0.6	-0.38	0.59		0.59	-0.16
Total Current Assets	0.69	0.79	0.83	0.07	-0.8	0.79	0.59	0.77	-0.79	-0.44	0.77	0.6	-0.68	0.77	0.76	0.55	-0.44	-0.3	0.85	0.36	0.08	-0.86	0.85	0.59		-0.01
Short Term Debt	0.0	0.28	0.25	1.0	-0.32	0.01	0.22	0.3	-0.32	0.01	-0.27	0.0	-0.14	-0.27	0.29	0.1	-0.07	-0.11	-0.26	-0.06	-0.21	-0.27	0.22	-0.16	-0.01

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IHeartMedia Account Relationship Matchups

IHeartMedia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.0B	9.2B	8.9B	8.3B	7.0B	10.7B
Short Long Term Debt Total	6.6B	6.9B	6.6B	6.3B	6.1B	5.7B
Other Current Liab	344.9M	180.7M	243.9M	249.5M	231.9M	220.3M
Total Current Liabilities	658.5M	683M	848.7M	831.2M	848.4M	806.0M
Total Stockholder Equity	2.9B	1.1B	915.8M	684.5M	(394.2M)	(413.9M)
Property Plant And Equipment Net	846.9M	811.7M	782.1M	694.8M	1.3B	1.7B
Current Deferred Revenue	139.5M	123.5M	133.1M	131.1M	158.5M	130.6M
Net Debt	6.2B	6.1B	6.2B	6.0B	5.7B	5.4B
Retained Earnings	112.5M	(1.8B)	(2.0B)	(2.2B)	(3.3B)	(3.5B)
Accounts Payable	87.4M	149.3M	206.0M	240.5M	236.2M	171.5M
Cash	400.3M	720.7M	352.1M	336.2M	346.4M	605.5M
Non Current Assets Total	9.6B	7.6B	7.4B	6.9B	5.4B	8.9B
Non Currrent Assets Other	8.8B	6.8B	6.6B	349.9M	38.9M	37.0M
Cash And Short Term Investments	400.3M	720.7M	352.1M	336.2M	346.4M	605.5M
Net Receivables	928.7M	813.8M	1.0B	1.0B	1.0B	1.0B
Good Will	3.3B	2.1B	2.3B	2.3B	1.7B	3.0B
Common Stock Shares Outstanding	64.6M	146.0M	146.7M	148.1M	149.3M	90.6M
Liabilities And Stockholders Equity	11.0B	9.2B	8.9B	8.3B	7.0B	10.7B
Non Current Liabilities Total	7.4B	7.5B	7.1B	6.8B	6.5B	6.2B
Inventory	507K	1.2M	3.2M	79.1M	1.0	0.95
Other Current Assets	801K	83.3M	87.2M	98.7M	119.3M	76.2M
Other Stockholder Equity	2.8B	2.8B	2.9B	2.9B	2.9B	2.6B
Total Liab	8.1B	8.2B	8.0B	7.7B	7.3B	7.0B
Property Plant And Equipment Gross	1.7B	1.6B	1.9B	2.0B	2.0B	1.9B
Total Current Assets	1.4B	1.6B	1.5B	1.5B	1.5B	1.9B
Accumulated Other Comprehensive Income	(750K)	194K	(257K)	(1.3M)	(1.1M)	(1.2M)
Short Term Debt	86.7M	187.8M	177.8M	140.7M	148.0M	140.6M
Intangible Assets	4.5B	3.7B	3.4B	2.9B	2.3B	3.6B
Common Stock	65K	72K	142K	144K	146K	105.1K
Other Liab	795.6M	627.7M	639.1M	557.1M	501.4M	476.4M
Net Tangible Assets	(4.8B)	(4.0B)	(2.4B)	(4.5B)	(5.2B)	(5.5B)
Other Assets	32.4M	2.9B	126.7M	45.4M	1.0	0.95
Long Term Debt	5.8B	6.0B	5.7B	5.4B	5.2B	8.0B
Short Long Term Debt	8.9M	34.8M	673K	664K	340K	323K
Property Plant Equipment	1.7B	811.7M	782.1M	1.5B	1.3B	1.2B
Short Term Investments	2.9M	2.7M	(29K)	(134.2M)	(120.8M)	(114.8M)
Long Term Investments	72.8M	30.6M	70.6M	85.9M	77.3M	61.9M
Non Current Liabilities Other	20.5M	131.2M	80.9M	73.3M	171.5M	163.0M

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