Clear Channel Outdoor Holdings Inc
For the period ended Mar 31, 2024. Filed May 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
CCO$2.42-0.4%Stored close · as of Oct 14, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (In thousands, except share and per share data) | March 31,2024 | December 31,2023 |
|---|---|---|
| (Unaudited) | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $193,236 | $251,652 |
| Accounts receivable, net | 425,959 | 499,811 |
| Prepaid expenses | 48,830 | 49,398 |
| Other current assets | 22,173 | 25,227 |
| Current assets of discontinued operations | 128,495 | 131,313 |
| Total Current Assets | 818,693 | 957,401 |
| PROPERTY, PLANT AND EQUIPMENT | ||
| Structures, net | 463,460 | 467,261 |
| Other property, plant and equipment, net | 183,833 | 199,083 |
| INTANGIBLE ASSETS AND GOODWILL | ||
| Permits, net | 657,083 | 665,687 |
| Other intangible assets, net | 235,475 | 239,187 |
| Goodwill | 653,208 | 656,563 |
| OTHER ASSETS | ||
| Operating lease right-of-use assets | 1,503,040 | 1,491,302 |
| Other assets | 44,651 | 45,991 |
| Total Assets | $4,559,443 | $4,722,475 |
| CURRENT LIABILITIES | ||
| Accounts payable | $63,298 | $63,587 |
| Accrued expenses | 309,298 | 385,620 |
| Current operating lease liabilities | 211,258 | 216,578 |
| Accrued interest | 78,208 | 97,671 |
| Deferred revenue | 68,462 | 50,882 |
| Current portion of long-term debt | 617 | 612 |
| Current liabilities of discontinued operations | 64,885 | 68,778 |
| Total Current Liabilities | 796,026 | 883,728 |
| NON-CURRENT LIABILITIES | ||
| Long-term debt | 5,651,485 | 5,631,291 |
| Non-current operating lease liabilities | 1,328,089 | 1,326,143 |
| Deferred tax liabilities, net | 231,385 | 231,481 |
| Other liabilities | 98,950 | 100,575 |
| Total Liabilities | 8,105,935 | 8,173,218 |
| Commitments and Contingencies (Note 6) | ||
| STOCKHOLDERS’ DEFICIT | ||
| Noncontrolling interests | 12,776 | 12,298 |
| Common stock, par value $0.01 per share: 2,350,000,000 shares authorized (494,764,888 shares issued as of March 31, 2024; 494,061,048 shares issued as of December 31, 2023) | 4,948 | 4,941 |
| Additional paid-in capital | 3,569,099 | 3,563,807 |
| Accumulated deficit | (6,870,542) | (6,780,875) |
| Accumulated other comprehensive loss | (239,135) | (227,344) |
| Treasury stock (11,044,759 shares held as of March 31, 2024; 11,003,897 shares held as of December 31, 2023) | (23,638) | (23,570) |
| Total Stockholders' Deficit | (3,546,492) | (3,450,743) |
| Total Liabilities and Stockholders' Deficit | $4,559,443 | $4,722,475 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.