Cineplex Balance Sheet Health
Financial Health criteria checks 1/6
Cineplex has a total shareholder equity of CA$6.0M and total debt of CA$731.5M, which brings its debt-to-equity ratio to 12146.3%. Its total assets and total liabilities are CA$2.2B and CA$2.2B respectively. Cineplex's EBIT is CA$144.2M making its interest coverage ratio 1. It has cash and short-term investments of CA$92.3M.
Key information
12,146.3%
Debt to equity ratio
CA$731.45m
Debt
| Interest coverage ratio | 1x |
| Cash | CA$92.29m |
| Equity | CA$6.02m |
| Total liabilities | CA$2.22b |
| Total assets | CA$2.22b |
Recent financial health updates
No updates
Recent updates
Cineplex Inc.'s (TSE:CGX) Shareholders Might Be Looking For Exit
Apr 27
Cineplex'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's short term assets (CA$185.6M) do not cover its short term liabilities (CA$447.0M).
Long Term Liabilities: CGX's short term assets (CA$185.6M) do not cover its long term liabilities (CA$1.8B).
Debt to Equity History and Analysis
Debt Level: CGX's net debt to equity ratio (10613.7%) is considered high.
Reducing Debt: CGX's debt to equity ratio has increased from 97.4% to 12146.3% over the past 5 years.
Debt Coverage: CGX's debt is well covered by operating cash flow (33.5%).
Interest Coverage: CGX's interest payments on its debt are not well covered by EBIT (1x coverage).