Cumulus Media (Cumulus Media) Total Liabilities : $1,153.7 Mil (As of Dec. 2023)

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What is Cumulus Media Total Liabilities?

Cumulus Media's Total Liabilities for the quarter that ended in Dec. 2023 was $1,153.7 Mil.

Cumulus Media's quarterly Total Liabilities declined from Jun. 2023 ($1,144.26 Mil) to Sep. 2023 ($1,137.63 Mil) but then increased from Sep. 2023 ($1,137.63 Mil) to Dec. 2023 ($1,153.72 Mil).

Cumulus Media's annual Total Liabilities declined from Dec. 2021 ($1,297.89 Mil) to Dec. 2022 ($1,200.63 Mil) and declined from Dec. 2022 ($1,200.63 Mil) to Dec. 2023 ($1,153.72 Mil).

Cumulus Media Total Liabilities Historical Data

The historical data trend for Cumulus Media's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cumulus Media Total Liabilities Chart

Cumulus Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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1,306.12

1,462.15

1,297.89

1,200.63

1,153.72

Cumulus Media Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Liabilities	Get a 7-Day Free Trial															1,200.63	1,180.90	1,144.26	1,137.63	1,153.72

Cumulus Media Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Cumulus Media's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	143.739	+	(785.565	+	212.09
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	12.325	+	0)
	=	1,153.7

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	1440.301	-	286.582
	=	1,153.7

Cumulus Media's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	143.739	+	(785.565	+	212.09
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	12.325	+	0)
	=	1,153.7

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	1440.301	-	286.582
	=	1,153.7

Cumulus Media Total Liabilities Related Terms

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Cumulus Media (Cumulus Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cumulus Media Inc (NAS:CMLS) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

1NM:Germany

Address

780 Johnson Ferry Road NE, Suite 500, Atlanta, GA, USA, 30342

Website

https://www.cumulusmedia.com

Cumulus Media Inc is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with Westwood One network and numerous digital channels. The company's revenue is derived mainly from the sale of local, regional, and national advertising which is broadcast on its radio stations.

Executives

Deborah A Farrington	director	STARVEST PARTNERS, L.P., 750 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10022
David Edward Milner	officer: EVP - Operations	3280 PEACHTREE ROAD, N.W., SUITE 2200, ATLANTA GA 30305
Richard Denning	officer: EVP, GEN COUNSEL & SECRETARY	3280 PEACHTREE ROAD NW SUITE 2300, ATLANTA GA 30305
Brigade Capital Management, Lp	10 percent owner	399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Francisco J Lopez-balboa	officer: EVP and CFO	3280 PEACHTREE ROAD, N.W., ATLANTA GA 30305
Sallie Kimbrough	officer: See Remarks	3280 PEACHTREE ROAD, N.W., SUITE 2200, ATLANTA GA 30305
Robert J Walker	officer: EVP - Operations	3280 PEACHTREE ROAD, N.W., SUITE 2200, ATLANTA GA 30305
Mary G. Berner	director, officer: PRESIDENT & CEO	C/O CUMULUS MEDIA, INC., 3280 PEACHTREE ROAD, NW, ATLANTA GA 30305
Suzanne M Grimes	officer: EVP Corporate Marketing	200 EAST BASSE ROAD, SAN ANTONIO TX 78209
John Abbot	officer: EVP, TREASURER & CFO
Sp Signal Manager, Llc	10 percent owner	2 GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Nimbus Atlas Llc	10 percent owner	399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Thomas H Castro	director	C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Matthew Blank	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
David M Baum	director	784 MORRIS TURNPIKE #367, SHORT HILLS NJ 07078