National CineMedia Balance Sheet Health
Financial Health criteria checks 4/6
National CineMedia has a total shareholder equity of $434.5M and total debt of $10.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are $567.7M and $133.2M respectively.
Key information
2.3%
Debt to equity ratio
US$10.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$34.60m |
| Equity | US$434.50m |
| Total liabilities | US$133.20m |
| Total assets | US$567.70m |
Recent financial health updates
Recent updates
National CineMedia: Starting With A Clean Slate
Feb 15National CineMedia creditors tap banker to examine options for debt - Bloomberg
Sep 23National CineMedia engages iSpot to enhance ad reporting
Aug 25National CineMedia (NASDAQ:NCMI) Is Reducing Its Dividend To $0.03
Aug 12
National CineMedia Q2 2022 Earnings Preview
Aug 07National CineMedia: A Dividend Trap In A Recovering Industry
Jun 06National CineMedia (NASDAQ:NCMI) Will Pay A Smaller Dividend Than Last Year
May 13National CineMedia declares $0.05 dividend
May 10National CineMedia adds fifth-largest U.S. cinema chain in new deal
Feb 02National CineMedia: Platinum Turns To Rust
Nov 20National CineMedia's Risk/Reward Just Got Better
Nov 09National CineMedia +0.5% as earnings show steady liquidity, ongoing dividend
Nov 02Financial Position Analysis
Short Term Liabilities: NCMI's short term assets ($143.8M) exceed its short term liabilities ($58.4M).
Long Term Liabilities: NCMI's short term assets ($143.8M) exceed its long term liabilities ($74.8M).
Debt to Equity History and Analysis
Debt Level: NCMI has more cash than its total debt.
Reducing Debt: NCMI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: NCMI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NCMI's interest payments on its debt are well covered by EBIT.