iHeartMedia (iHeartMedia) Debt-to-Asset : 0.89 (As of Mar. 2024)

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What is iHeartMedia Debt-to-Asset?

iHeartMedia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $74 Mil. iHeartMedia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5,966 Mil. iHeartMedia's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $6,758 Mil. iHeartMedia's debt to asset for the quarter that ended in Mar. 2024 was 0.89.

iHeartMedia Debt-to-Asset Historical Data

The historical data trend for iHeartMedia's Debt-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.

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iHeartMedia Debt-to-Asset Chart

iHeartMedia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.60

0.75

0.74

0.76

0.87

iHeartMedia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.78	0.88	0.88	0.87	0.89

Competitive Comparison of iHeartMedia's Debt-to-Asset

For the Broadcasting subindustry, iHeartMedia's Debt-to-Asset, along with its competitors' market caps and Debt-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.

iHeartMedia's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, iHeartMedia's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where iHeartMedia's Debt-to-Asset falls into.

iHeartMedia Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

iHeartMedia's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(74.172	+	5977.63)	/	6952.611
	=	0.87

iHeartMedia's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(74.064	+	5965.868)	/	6758.312
	=	0.89

iHeartMedia (OTCPK:IHRTB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

iHeartMedia Debt-to-Asset Related Terms

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iHeartMedia (iHeartMedia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » iHeartMedia Inc (OTCPK:IHRTB) » Definitions » Debt-to-Asset

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IHRT:USA

Address

20880 Stone Oak Parkway, San Antonio, TX, USA, 78258

Website

https://www.iheartmedia.com

iHeartMedia Inc is a us-based diversified media and entertainment company. It operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.