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
Financial Position Analysis
Short Term Liabilities: CPXG.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CPXG.F 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: CPXG.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CPXG.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CPXG.F's debt is well covered by operating cash flow (25.6%).
Interest Coverage: CPXG.F's interest payments on its debt are not well covered by EBIT (1x coverage).