Cineplex Balance Sheet Health
Financial Health criteria checks 1/6
Cineplex has a total shareholder equity of CA$-39.4M and total debt of CA$817.4M, which brings its debt-to-equity ratio to -2072.9%. Its total assets and total liabilities are CA$2.3B and CA$2.3B respectively. Cineplex's EBIT is CA$152.7M making its interest coverage ratio 1. It has cash and short-term investments of CA$39.9M.
Key information
-2,072.9%
Debt to equity ratio
CA$817.44m
Debt
| Interest coverage ratio | 1x |
| Cash | CA$39.88m |
| Equity | -CA$39.43m |
| Total liabilities | CA$2.31b |
| Total assets | CA$2.27b |
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 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.
Debt Coverage: CGX's debt is well covered by operating cash flow (25.6%).
Interest Coverage: CGX's interest payments on its debt are not well covered by EBIT (1x coverage).