CMLSQ (Cumulus Media) Debt-to-EBITDA : 0.13 (As of Jun. 2026) — 98% Below Median

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What is Cumulus Media Debt-to-EBITDA?

Cumulus Media CMLSQ Debt-to-EBITDA is 0.13 as of Jun. 2026, which is 98% below its 10-year median of 5.56. The stock has 2 warning signs investors should review. Among 687 Media - Diversified companies, Cumulus Media ranks worse than 145560.26% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cumulus Media's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $2.4 Mil. Cumulus Media's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1.1 Mil. Cumulus Media's annualized EBITDA for the quarter that ended in Jun. 2026 was $27.7 Mil. Cumulus Media's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.13.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Cumulus Media's Debt-to-EBITDA or its related term are showing as below:

CMLSQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.79   Med: 5.56   Max: 30.67
Current: -0.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cumulus Media was 30.67. The lowest was -10.79. And the median was 5.56.

CMLSQ's Debt-to-EBITDA is ranked worse than
100% of 687 companies
in the Media - Diversified industry
Industry Median: 1.59 vs CMLSQ: -0.04

Cumulus Media  (OTCPK:CMLSQ) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Cumulus Media Debt-to-EBITDA Related Terms


Cumulus Media Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cumulus Media's Debt-to-EBITDA 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.

Cumulus Media Debt-to-EBITDA Chart

Cumulus Media Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.90 6.23 30.67 -4.88 -10.79

Cumulus Media Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA 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 11.08 21.11 -1.94 0.03 0.13

CMLSQ vs MDEX, NXST: Debt-to-EBITDA Comparison

For the Broadcasting subindustry, Cumulus Media's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Media - Diversified Industry

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

* The bar in red indicates where Cumulus Media's Debt-to-EBITDA falls into.



Cumulus Media Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cumulus Media's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(51.326 + 790.912) / -78.071
=-10.79

Cumulus Media's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.44 + 1.051) / 27.748
=0.13

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.13 mean?
Cumulus Media (CMLSQ) has a Debt-to-EBITDA of 0.13 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cumulus Media. This is 98% below median its historical median of 5.56. According to the industry distribution chart, Cumulus Media ranks #999999 out of 687 companies in the Media - Diversified industry.
Is Cumulus Media's Debt-to-EBITDA too high?
Cumulus Media's current Debt-to-EBITDA of 0.13 is 98% below median its 10-year median of 5.56. The Media - Diversified industry median Debt-to-EBITDA is 1.59. Cumulus Media's value of 0.13 is 91.8% below this industry median. Based on the distribution chart, Cumulus Media ranks #999999 out of 687 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does Cumulus Media's Debt-to-EBITDA compare to MDEX and NXST?
According to the Media - Diversified industry distribution chart, Cumulus Media ranks #999999 out of 687 companies for Debt-to-EBITDA. This places Cumulus Media in the lower half of its industry. The industry median Debt-to-EBITDA is 1.59. Cumulus Media's value of 0.13 is 91.8% below this benchmark. While the company's 10-year median is 5.56 vs. the industry median of 1.59, Cumulus Media has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.59, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cumulus Media's current Debt-to-EBITDA of 0.13 is 91.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cumulus Media. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cumulus Media's current Debt-to-EBITDA is 0.13, which is 98% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cumulus Media stock overvalued right now?
Based on GuruFocus' analysis, Cumulus Media (CMLSQ) is currently considered Possible Value Trap. The stock's GF Value™ is $0.59, compared to a current price of $0.00 — trading 99.2% below its estimated fair value. The current Debt-to-EBITDA is 0.13, which is 98% below median its 10-year median of 5.56 and 91.8% below the Media - Diversified industry median of 1.59. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Cumulus Media (CMLSQ), the current Debt-to-EBITDA is 0.13 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cumulus Media Business Description

Address 780 Johnson Ferry Road North East, Suite 500, Atlanta, GA, USA, 30342
Cumulus Media Inc is an audio-first media company delivering content to over a quarter billion people monthly whenever required. It 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 the Westwood One network and numerous digital channels. The company's revenue is derived from Broadcast radio revenue, Digital revenue, and Other revenue.