Cineplex Balance Sheet Health
Financial Health criteria checks 0/6
Cineplex has a total shareholder equity of CA$-239.9M and total debt of CA$859.2M, which brings its debt-to-equity ratio to -358.1%. Its total assets and total liabilities are CA$2.1B and CA$2.3B respectively. Cineplex's EBIT is CA$82.7M making its interest coverage ratio 0.6. It has cash and short-term investments of CA$27.2M.
Key information
-358.1%
Debt to equity ratio
CA$859.17m
Debt
| Interest coverage ratio | 0.6x |
| Cash | CA$27.24m |
| Equity | -CA$239.91m |
| Total liabilities | CA$2.32b |
| Total assets | CA$2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGX N has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CGX N 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 N has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CGX N's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CGX N's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: CGX N's interest payments on its debt are not well covered by EBIT (0.6x coverage).