iHeartCommunications, Inc.

Financials

SEC XBRL · annual

	FY17	FY16	FY15	FY14	FY13	FY12
Revenue	$1.33B	$1.36B	$1.34B	$1.34B	$6.24B	$6.25B
Operating income	$114.1M	$420.7M	$93.1M	$82.8M	$1.00B	$1.07B
Net income	−$388.2M	−$88.5M	−$385.0M	−$424.2M	−$606.9M	−$424.5M
Total assets	$12.26B	$12.86B	$13.82B	$14.00B	$15.05B	$16.29B
Total liabilities	—	—	—	—	—	—
Equity	−$11.33B	−$10.89B	−$10.61B	−$9.67B	−$8.70B	−$8.00B
EPS (diluted)	—	$-3.50	$-8.95	$-9.46	—	—
Shares out.	500.0M	500.0M	84.3M	500.0M	500.0M	500.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2017

Operating margin: 8.6%
Net margin: −29.2%
Return on equity: 3.4%
Return on assets: −3.2%
Return on capital (ROCE): —
Liabilities / assets: —
Debt / equity: —
Book value / share: $-22.65
Revenue growth (YoY): −2.4%
Net income growth (YoY): —

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2017

Accruals / assets: 0.9%clean
Piotroski F-Score: 2/8weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score

23

/ 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 3 warning● 2 good

Negative shareholder equity
Filed a late-filing notice (Form NT) — missed an SEC deadline
Reported a net loss
Revenue declined year-over-year
Negative operating cash flow
Operating margin is positive
Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

NT 10-Kmissed a reporting deadline ↗Apr 3, 2018
NT 10-Qmissed a reporting deadline ↗Aug 15, 2001

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

4FORM 4 SUBMISSIONMay 2, 2019
SEC STAFF ACTIONApr 29, 2019
SEC STAFF ACTIONApr 29, 2019
T-3/AApr 26, 2019
T-3/AApr 26, 2019
CORRESPApr 26, 2019
CORRESPApr 26, 2019
UPLOADOct 4, 2018
UPLOADOct 4, 2018
T-3Sep 27, 2018
T-3Sep 26, 2018
15-12BMay 14, 2018
8-KFORM 8-KMay 7, 2018
10-KMay 3, 2018
8-KApr 30, 2018