Cinemark Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Cinemark Holdings has a total shareholder equity of $318.8M and total debt of $2.4B, which brings its debt-to-equity ratio to 752.5%. Its total assets and total liabilities are $4.8B and $4.5B respectively. Cinemark Holdings's EBIT is $371.8M making its interest coverage ratio 3.2. It has cash and short-term investments of $858.8M.
Key information
752.5%
Debt to equity ratio
US$2.40b
Debt
Interest coverage ratio | 3.2x |
Cash | US$858.80m |
Equity | US$318.80m |
Total liabilities | US$4.52b |
Total assets | US$4.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZZA's short term assets ($1.1B) exceed its short term liabilities ($730.3M).
Long Term Liabilities: ZZA's short term assets ($1.1B) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: ZZA's net debt to equity ratio (483.2%) is considered high.
Reducing Debt: ZZA's debt to equity ratio has increased from 126.4% to 752.5% over the past 5 years.
Debt Coverage: ZZA's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: ZZA's interest payments on its debt are well covered by EBIT (3.2x coverage).