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IHRTB (iHeartMedia) Equity-to-Asset : -0.25 (As of Sep. 2024)


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What is iHeartMedia Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. iHeartMedia's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-1,415 Mil. iHeartMedia's Total Assets for the quarter that ended in Sep. 2024 was $5,779 Mil. Therefore, iHeartMedia's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was -0.25.

The historical rank and industry rank for iHeartMedia's Equity-to-Asset or its related term are showing as below:

IHRTB' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.99   Med: -0.15   Max: 0.27
Current: -0.25

During the past 13 years, the highest Equity to Asset Ratio of iHeartMedia was 0.27. The lowest was -0.99. And the median was -0.15.

IHRTB's Equity-to-Asset is ranked worse than
92.74% of 1047 companies
in the Media - Diversified industry
Industry Median: 0.5 vs IHRTB: -0.25

iHeartMedia Equity-to-Asset Historical Data

The historical data trend for iHeartMedia's Equity-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.

iHeartMedia Equity-to-Asset Chart

iHeartMedia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.11 0.10 0.08 -0.06

iHeartMedia Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-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 -0.06 -0.06 -0.06 -0.24 -0.25

Competitive Comparison of iHeartMedia's Equity-to-Asset

For the Broadcasting subindustry, iHeartMedia's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset Distribution in the Media - Diversified Industry

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

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



iHeartMedia Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-394.155/6952.611
=-0.06

iHeartMedia's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=-1414.657/5779.01
=-0.24

* 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.


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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


iHeartMedia Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of iHeartMedia's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


iHeartMedia Business Description

Traded in Other Exchanges
Address
20880 Stone Oak Parkway, San Antonio, TX, USA, 78258
iHeartMedia Inc is a United States-based diversified media and entertainment company. The company 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.