Answer
The press‑release for iHeartMedia’s Q2 2025 results does not disclose the company’s total debt balance, nor does it give any change in that balance from the prior quarter. Because the “Financial Highlights” section only lists revenue, GAAP operating income, and adjusted EBITDA (now $156 million), we lack the necessary numerator to calculate a debt‑to‑EBITDA ratio.
Without a disclosed debt figure (e.g., total term‑loan, revolving‑credit or senior‑notes balances) the ratio cannot be derived from the information provided. To determine the current debt load and the resulting debt‑to‑EBITDA multiple, you would need to locate iHeartMedia’s balance‑sheet data from its Form 10‑Q for the quarter ended June 30 2025 (or the latest 10‑K filing) and then divide that total debt by the reported $156 million of adjusted EBITDA.
Trading implication: Because the debt‑to‑EBITDA metric is a key gauge of leverage and credit‑risk, the absence of this data in the earnings release means investors should seek the next SEC filing before forming a view on the company’s solvency profile or its capacity to service existing obligations. Until the balance‑sheet numbers are available, any assessment of iHeartMedia’s leverage—and consequently its risk premium or potential upside/downside on the stock—remains incomplete.