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Cumulus MediaCMLSQ -6.38% Debt-to-Equity is -0.02 as of Jun. 2026. The stock has 2 warning signs investors should review. Among 834 Media - Diversified companies, Cumulus Media ranks worse than 119903.96% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Cumulus Media's Debt-to-Equity or its related term are showing as below:
CMLSQ'
s Debt-to-Equity Range Over the Past 10 Years
Min: -31.82 Med: 2.49 Max: 114.33
Current: -0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Cumulus Media was 114.33. The lowest was -31.82. And the median was 2.49.
CMLSQ's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.25
vs CMLSQ: -0.02
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Cumulus Media Debt-to-Equity Related Terms
Cumulus Media Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Cumulus Media's Debt-to-Equity 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.
For the Broadcasting subindustry, Cumulus Media's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Cumulus Media's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cumulus Media's Debt-to-Equity falls into.
* 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 (CMLSQ) has a Debt-to-Equity of -0.02 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cumulus Media and its competitors. According to the industry distribution chart, Cumulus Media ranks #999999 out of 834 companies in the Media - Diversified industry.
Is Cumulus Media's Debt-to-Equity too high?
Cumulus Media's current Debt-to-Equity is -0.02. Based on the distribution chart, Cumulus Media ranks #999999 out of 834 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does Cumulus Media's Debt-to-Equity compare to MDEX and NXST?
According to the Media - Diversified industry distribution chart, Cumulus Media ranks #999999 out of 834 companies for Debt-to-Equity. This places Cumulus Media in the lower half of its industry. The industry median Debt-to-Equity is 0.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.25, based on 834 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cumulus Media and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cumulus Media's current Debt-to-Equity is -0.02. 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 99.3% below its estimated fair value. The current Debt-to-Equity is -0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Cumulus Media (CMLSQ), the current Debt-to-Equity is -0.02 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 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.
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