GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cumulus Media Inc (NAS:CMLS) » Definitions » Gross-Profit-to-Asset %

Cumulus Media (Cumulus Media) Gross-Profit-to-Asset % : 34.82% (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Cumulus Media Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Cumulus Media's annualized Gross Profit for the quarter that ended in Dec. 2023 was $515.5 Mil. Cumulus Media's average Total Assets over the quarter that ended in Dec. 2023 was $1,480.7 Mil. Therefore, Cumulus Media's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 34.82%.


Cumulus Media Gross-Profit-to-Asset % Historical Data

The historical data trend for Cumulus Media's Gross-Profit-to-Asset % 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.

* Premium members only.

Cumulus Media Gross-Profit-to-Asset % Chart

Cumulus Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.03 26.46 31.19 35.84 33.66

Cumulus Media Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.38 29.49 35.37 34.34 34.82

Competitive Comparison of Cumulus Media's Gross-Profit-to-Asset %

For the Broadcasting subindustry, Cumulus Media's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cumulus Media's Gross-Profit-to-Asset % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cumulus Media's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Cumulus Media's Gross-Profit-to-Asset % falls into.



Cumulus Media Gross-Profit-to-Asset % Calculation

Cumulus Media's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=513.189/( (1609.031+1440.301)/ 2 )
=513.189/1524.666
=33.66 %

Cumulus Media's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=515.524/( (1521.092+1440.301)/ 2 )
=515.524/1480.6965
=34.82 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Cumulus Media Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Cumulus Media's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cumulus Media (Cumulus Media) Business Description

Traded in Other Exchanges
Address
780 Johnson Ferry Road NE, Suite 500, Atlanta, GA, USA, 30342
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

Cumulus Media (Cumulus Media) Headlines

From GuruFocus

Cumulus Media Announces Preliminary Results of Tender Offer

By sperokesalga sperokesalga 06-12-2023