Cineplex Balance Sheet Health
Financial Health criteria checks 2/6
Cineplex has a total shareholder equity of CA$-39.7M and total debt of CA$734.7M, which brings its debt-to-equity ratio to -1849.3%. Its total assets and total liabilities are CA$2.2B and CA$2.2B respectively. Cineplex's EBIT is CA$68.6M making its interest coverage ratio 0.5. It has cash and short-term investments of CA$31.8M.
Key information
-1,849.3%
Debt to equity ratio
CA$734.72m
Debt
| Interest coverage ratio | 0.5x |
| Cash | CA$31.79m |
| Equity | -CA$39.73m |
| Total liabilities | CA$2.25b |
| Total assets | CA$2.21b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Cineplex Inc.'s (TSE:CGX) Revenues Despite 28% Price Jump
Dec 12
Cineplex Inc. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Nov 08Cineplex Inc.'s (TSE:CGX) Shareholders Might Be Looking For Exit
Apr 27Cineplex's (TSE:CGX) Earnings Are Of Questionable Quality
Feb 16A Look At The Fair Value Of Cineplex Inc. (TSE:CGX)
Sep 27There Are Reasons To Feel Uneasy About Cineplex's (TSE:CGX) Returns On Capital
Aug 22Cineplex Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Aug 16Financial Position Analysis
Short Term Liabilities: CGX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CGX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CGX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CGX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CGX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CGX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:59 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cineplex Inc. is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tim Casey | BMO Capital Markets Equity Research |
| Jeffrey Logsdon | BMO Capital Markets U.S. (Historical) |
| Joel Sutherland | BofA Global Research |