iHeartMedia, Inc.

iHeartMedia, Inc.verified

IHRT

Price:

$1.67

Market Cap:

$209.52M

iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,400 radio station affiliates. It also delivers real-time traffic flow and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 170 television affiliates, and Internet and mobile...[Read more]

Industry

Broadcasting

IPO Date

2019-07-01

Stock Exchange

NASDAQ

Ticker

IHRT

The Current Ratio as of September 2024 (TTM) for iHeartMedia, Inc. (IHRT) is 1.92

According to iHeartMedia, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.92. This represents a change of 2.24% compared to the average of 1.88 of the last 4 quarters.

iHeartMedia, Inc. (IHRT) Historical Current Ratio (quarterly & annually)

How has IHRT Current Ratio performed in the past?

The mean historical Current Ratio of iHeartMedia, Inc. over the last ten years is 1.65. The current 1.92 Current Ratio has changed 11.57% with respect to the historical average. Over the past ten years (40 quarters), IHRT's Current Ratio was at its highest in in the December 2020 quarter at 2.37. The Current Ratio was at its lowest in in the December 2017 quarter at 0.13.

Quarterly (TTM)
Annual

Average

1.65

Median

1.75

Minimum

0.13

Maximum

2.37

iHeartMedia, Inc. (IHRT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of iHeartMedia, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.32%

Maximum Annual Current Ratio = 2.37

Minimum Annual Increase = -91.44%

Minimum Annual Current Ratio = 0.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.780.24%
20221.772.10%
20211.74-26.79%
20202.3710.21%
20192.1520.06%
20181.791.32%
20170.13-91.44%
20161.48-12.85%
20151.696.01%
20141.6011.88%

iHeartMedia, Inc. (IHRT) Average Current Ratio

How has IHRT Current Ratio performed in the past?

The current Current Ratio of iHeartMedia, Inc. (IHRT) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.76

5-year avg

1.96

10-year avg

1.65

iHeartMedia, Inc. (IHRT) Current Ratio vs. Peers

How is IHRT’s Current Ratio compared to its peers?

iHeartMedia, Inc.’s Current Ratio is greater than Emmis Corporation (0), greater than Beasley Broadcast Group, Inc. (1.77), greater than The Liberty SiriusXM Group (0.38), less than Saga Communications, Inc. (2.69), less than The E.W. Scripps Company (0), greater than Gray Television, Inc. (1.50), greater than TEGNA Inc. (1.63), less than Cumulus Media Inc. (2.58), greater than null (1.88),

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Frequently asked questions❓

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