IHeartMedia Free Cash Flow vs Depreciation Analysis

IHRT Stock

USD 2.28 0.03 1.30%

IHeartMedia financial indicator trend analysis is infinitely more than just investigating iHeartMedia Class recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iHeartMedia Class is a good investment. Please check the relationship between IHeartMedia Free Cash Flow and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iHeartMedia Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iHeartMedia Class Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between IHeartMedia's Free Cash Flow and Depreciation is -0.26. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of iHeartMedia Class A, assuming nothing else is changed. The correlation between historical values of IHeartMedia's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of iHeartMedia Class A are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., IHeartMedia's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of iHeartMedia Class value has been used up. For tax purposes IHeartMedia can deduct the cost of the tangible assets it purchases as business expenses. However, iHeartMedia Class A must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from IHeartMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iHeartMedia Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iHeartMedia Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Discontinued Operations is likely to gain to about 2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	332.4M	341.7M	389.8M	370.3M
Depreciation And Amortization	469.4M	445.7M	428.5M	392.6M

Interest Expense Depreciation And Amortization

IHeartMedia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.76	0.77	0.07	-0.49	0.93	0.3	0.76	-0.47	-0.55	0.34	0.99	-0.51	0.34	0.72	0.95	-0.59	0.28	0.78	0.63	0.38	-0.61	0.78	0.87	0.69	0.0
Short Long Term Debt Total	0.76		0.9	0.35	-0.73	0.81	0.52	1.0	-0.72	-0.45	0.44	0.71	-0.64	0.44	0.74	0.68	-0.42	-0.06	0.71	0.39	0.09	-0.78	0.86	0.67	0.79	0.28
Other Current Liab	0.77	0.9		0.34	-0.9	0.82	0.77	0.91	-0.88	-0.48	0.35	0.72	-0.69	0.35	0.92	0.77	-0.46	-0.14	0.85	0.3	-0.08	-0.93	0.98	0.59	0.83	0.25
Total Current Liabilities	0.07	0.35	0.34		-0.39	0.08	0.29	0.37	-0.39	-0.02	-0.23	0.06	-0.21	-0.23	0.37	0.17	-0.1	-0.12	-0.18	-0.03	-0.21	-0.35	0.31	-0.1	0.07	1.0
Total Stockholder Equity	-0.49	-0.73	-0.9	-0.39		-0.62	-0.88	-0.73	1.0	0.31	-0.34	-0.41	0.73	-0.34	-0.9	-0.51	0.32	0.38	-0.75	-0.12	0.25	0.97	-0.92	-0.29	-0.8	-0.32
Property Plant And Equipment Net	0.93	0.81	0.82	0.08	-0.62		0.39	0.81	-0.6	-0.43	0.42	0.89	-0.72	0.42	0.78	0.84	-0.42	0.15	0.81	0.55	0.37	-0.7	0.82	0.9	0.79	0.01
Current Deferred Revenue	0.3	0.52	0.77	0.29	-0.88	0.39		0.53	-0.88	-0.2	0.1	0.24	-0.57	0.1	0.78	0.41	-0.18	-0.32	0.64	-0.14	-0.42	-0.8	0.76	0.06	0.59	0.22
Net Debt	0.76	1.0	0.91	0.37	-0.73	0.81	0.53		-0.71	-0.44	0.41	0.71	-0.64	0.41	0.74	0.69	-0.41	-0.05	0.7	0.39	0.09	-0.77	0.85	0.67	0.77	0.3
Retained Earnings	-0.47	-0.72	-0.88	-0.39	1.0	-0.6	-0.88	-0.71		0.29	-0.34	-0.39	0.73	-0.34	-0.89	-0.48	0.3	0.39	-0.74	-0.1	0.26	0.96	-0.9	-0.27	-0.79	-0.32
Accounts Payable	-0.55	-0.45	-0.48	-0.02	0.31	-0.43	-0.2	-0.44	0.29		-0.4	-0.54	-0.1	-0.4	-0.27	-0.49	0.92	0.34	-0.47	-0.03	0.29	0.51	-0.46	-0.26	-0.44	0.01
Cash	0.34	0.44	0.35	-0.23	-0.34	0.42	0.1	0.41	-0.34	-0.4		0.25	-0.28	1.0	0.19	0.08	-0.37	-0.43	0.5	0.21	0.1	-0.44	0.37	0.34	0.77	-0.27
Non Current Assets Total	0.99	0.71	0.72	0.06	-0.41	0.89	0.24	0.71	-0.39	-0.54	0.25		-0.45	0.25	0.67	0.96	-0.58	0.36	0.72	0.63	0.41	-0.54	0.73	0.86	0.6	0.0
Non Currrent Assets Other	-0.51	-0.64	-0.69	-0.21	0.73	-0.72	-0.57	-0.64	0.73	-0.1	-0.28	-0.45		-0.28	-0.77	-0.49	-0.04	0.01	-0.62	-0.4	-0.22	0.67	-0.7	-0.55	-0.69	-0.14
Cash And Short Term Investments	0.34	0.44	0.35	-0.23	-0.34	0.42	0.1	0.41	-0.34	-0.4	1.0	0.25	-0.28		0.19	0.08	-0.37	-0.43	0.5	0.21	0.1	-0.44	0.37	0.34	0.77	-0.27
Net Receivables	0.72	0.74	0.92	0.37	-0.9	0.78	0.78	0.74	-0.89	-0.27	0.19	0.67	-0.77	0.19		0.75	-0.28	-0.06	0.8	0.36	0.01	-0.89	0.95	0.55	0.76	0.29
Good Will	0.95	0.68	0.77	0.17	-0.51	0.84	0.41	0.69	-0.48	-0.49	0.08	0.96	-0.49	0.08	0.75		-0.56	0.36	0.71	0.55	0.28	-0.6	0.77	0.73	0.55	0.1
Common Stock Total Equity	-0.59	-0.42	-0.46	-0.1	0.32	-0.42	-0.18	-0.41	0.3	0.92	-0.37	-0.58	-0.04	-0.37	-0.28	-0.56		0.19	-0.44	-0.13	0.19	0.51	-0.47	-0.23	-0.44	-0.07
Common Stock Shares Outstanding	0.28	-0.06	-0.14	-0.12	0.38	0.15	-0.32	-0.05	0.39	0.34	-0.43	0.36	0.01	-0.43	-0.06	0.36	0.19		-0.06	0.44	0.72	0.42	-0.11	0.38	-0.3	-0.11
Non Current Liabilities Total	0.78	0.71	0.85	-0.18	-0.75	0.81	0.64	0.7	-0.74	-0.47	0.5	0.72	-0.62	0.5	0.8	0.71	-0.44	-0.06		0.4	0.1	-0.8	0.88	0.66	0.85	-0.26
Inventory	0.63	0.39	0.3	-0.03	-0.12	0.55	-0.14	0.39	-0.1	-0.03	0.21	0.63	-0.4	0.21	0.36	0.55	-0.13	0.44	0.4		0.78	-0.17	0.37	0.69	0.36	-0.06
Other Current Assets	0.38	0.09	-0.08	-0.21	0.25	0.37	-0.42	0.09	0.26	0.29	0.1	0.41	-0.22	0.1	0.01	0.28	0.19	0.72	0.1	0.78		0.25	-0.01	0.6	0.08	-0.21
Other Stockholder Equity	-0.61	-0.78	-0.93	-0.35	0.97	-0.7	-0.8	-0.77	0.96	0.51	-0.44	-0.54	0.67	-0.44	-0.89	-0.6	0.51	0.42	-0.8	-0.17	0.25		-0.94	-0.38	-0.86	-0.27
Total Liab	0.78	0.86	0.98	0.31	-0.92	0.82	0.76	0.85	-0.9	-0.46	0.37	0.73	-0.7	0.37	0.95	0.77	-0.47	-0.11	0.88	0.37	-0.01	-0.94		0.59	0.85	0.22
Property Plant And Equipment Gross	0.87	0.67	0.59	-0.1	-0.29	0.9	0.06	0.67	-0.27	-0.26	0.34	0.86	-0.55	0.34	0.55	0.73	-0.23	0.38	0.66	0.69	0.6	-0.38	0.59		0.59	-0.16
Total Current Assets	0.69	0.79	0.83	0.07	-0.8	0.79	0.59	0.77	-0.79	-0.44	0.77	0.6	-0.69	0.77	0.76	0.55	-0.44	-0.3	0.85	0.36	0.08	-0.86	0.85	0.59		-0.01
Short Term Debt	0.0	0.28	0.25	1.0	-0.32	0.01	0.22	0.3	-0.32	0.01	-0.27	0.0	-0.14	-0.27	0.29	0.1	-0.07	-0.11	-0.26	-0.06	-0.21	-0.27	0.22	-0.16	-0.01

Click cells to compare fundamentals

IHeartMedia Account Relationship Matchups

IHeartMedia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.0B	9.2B	8.9B	8.3B	7.0B	10.7B
Short Long Term Debt Total	6.6B	6.9B	6.6B	6.3B	6.1B	5.7B
Other Current Liab	344.9M	180.7M	243.9M	249.5M	231.9M	220.3M
Total Current Liabilities	658.5M	683M	848.7M	831.2M	848.4M	806.0M
Total Stockholder Equity	2.9B	1.1B	915.8M	684.5M	(394.2M)	(413.9M)
Property Plant And Equipment Net	846.9M	811.7M	782.1M	694.8M	1.3B	1.7B
Current Deferred Revenue	139.5M	123.5M	133.1M	131.1M	158.5M	130.6M
Net Debt	6.2B	6.1B	6.2B	6.0B	5.7B	5.4B
Retained Earnings	112.5M	(1.8B)	(2.0B)	(2.2B)	(3.3B)	(3.5B)
Accounts Payable	87.4M	149.3M	206.0M	240.5M	236.2M	171.5M
Cash	400.3M	720.7M	352.1M	336.2M	346.4M	605.5M
Non Current Assets Total	9.6B	7.6B	7.4B	6.9B	5.4B	8.9B
Non Currrent Assets Other	8.8B	6.8B	6.6B	349.9M	173.2M	164.5M
Cash And Short Term Investments	400.3M	720.7M	352.1M	336.2M	346.4M	605.5M
Net Receivables	928.7M	813.8M	1.0B	1.0B	1.0B	1.0B
Good Will	3.3B	2.1B	2.3B	2.3B	1.7B	3.0B
Common Stock Shares Outstanding	64.6M	146.0M	146.7M	148.1M	149.3M	90.6M
Liabilities And Stockholders Equity	11.0B	9.2B	8.9B	8.3B	7.0B	10.7B
Non Current Liabilities Total	7.4B	7.5B	7.1B	6.8B	6.5B	6.2B
Inventory	507K	1.2M	3.2M	79.1M	1.0	0.95
Other Current Assets	801K	83.3M	87.2M	98.7M	119.3M	76.2M
Other Stockholder Equity	2.8B	2.8B	2.9B	2.9B	2.9B	2.6B
Total Liab	8.1B	8.2B	8.0B	7.7B	7.3B	7.0B
Property Plant And Equipment Gross	1.7B	1.6B	1.9B	2.0B	2.0B	1.9B
Total Current Assets	1.4B	1.6B	1.5B	1.5B	1.5B	1.9B
Accumulated Other Comprehensive Income	(750K)	194K	(257K)	(1.3M)	(1.1M)	(1.2M)
Short Term Debt	86.7M	187.8M	177.8M	140.7M	148.0M	140.6M
Intangible Assets	4.5B	3.7B	3.4B	2.9B	2.3B	3.6B
Common Stock	65K	72K	142K	144K	146K	105.1K
Other Liab	795.6M	627.7M	639.1M	557.1M	501.4M	476.4M
Net Tangible Assets	(4.8B)	(4.0B)	(2.4B)	(4.5B)	(5.2B)	(5.5B)
Other Assets	32.4M	2.9B	126.7M	45.4M	1.0	0.95
Long Term Debt	5.8B	6.0B	5.7B	5.4B	5.2B	8.0B
Short Long Term Debt	8.9M	34.8M	673K	664K	340K	323K
Property Plant Equipment	1.7B	811.7M	782.1M	1.5B	1.3B	1.2B
Short Term Investments	2.9M	2.7M	(29K)	(134.2M)	(120.8M)	(114.8M)
Long Term Investments	72.8M	30.6M	70.6M	85.9M	77.3M	61.9M
Non Current Liabilities Other	20.5M	131.2M	80.9M	73.3M	171.5M	163.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for IHeartMedia Stock Analysis

When running IHeartMedia's price analysis, check to measure IHeartMedia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IHeartMedia is operating at the current time. Most of IHeartMedia's value examination focuses on studying past and present price action to predict the probability of IHeartMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IHeartMedia's price. Additionally, you may evaluate how the addition of IHeartMedia to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC