Cinemark Holdings (Cinemark Holdings) Debt-to-Equity

: 11.47 (As of Dec. 2023)

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Cinemark Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $234 Mil. Cinemark Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,318 Mil. Cinemark Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $310 Mil. Cinemark Holdings's debt to equity for the quarter that ended in Dec. 2023 was 11.47.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cinemark Holdings's Debt-to-Equity or its related term are showing as below:

CNK' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.46 Med: 2.09 Max: 34.27
Current: 11.47

During the past 13 years, the highest Debt-to-Equity Ratio of Cinemark Holdings was 34.27. The lowest was 1.46. And the median was 2.09.

CNK's Debt-to-Equity is ranked worse than
98.1% of 843 companies
in the Media - Diversified industry
Industry Median: 0.28 vs CNK: 11.47

Cinemark Holdings Debt-to-Equity Historical Data

The historical data trend for Cinemark Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cinemark Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.35

4.99

12.22

34.27

11.47

Cinemark Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																34.27	32.82	14.83	11.04	11.47

Competitive Comparison

For the Entertainment subindustry, Cinemark Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cinemark Holdings Debt-to-Equity Distribution

For the Media - Diversified industry and Communication Services sector, Cinemark Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cinemark Holdings's Debt-to-Equity falls into.

Cinemark Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cinemark Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(234.3	+	3318.4)	/	309.8
	=	11.47

Cinemark Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(234.3	+	3318.4)	/	309.8
	=	11.47

Cinemark Holdings (NYSE:CNK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Cinemark Holdings Debt-to-Equity Related Terms

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Cinemark Holdings (Cinemark Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cinemark Holdings Inc (NYSE:CNK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CNK:Mexico

Address

3900 Dallas Parkway, Suite 500, Plano, TX, USA, 75093

Website

https://www.ir.cinemark.com

Cinemark Holdings Inc is geographically diverse operators in the motion picture exhibition industry in the United States. The company operates in around 518 theatres and 5,847 screens in the United States and Latin America. The company generates revenue from filmed entertainment box office receipts and concession sales, with additional revenue from screen advertising, screen rental and other revenue streams, such as transactional fees, vendor marketing promotions, studio trailer placements, meeting rentals and electronic video games located in some of the theatres. Majority of Cinemark's theaters are located in midsize cities or suburbs of large cities.

Executives

Kevin Leroy Mitchell	director	3900 DALLAS PARKWAY, PLANO TX 75093
Enrique Senior	director	711 FIFTH AVENUE, NEW YORK NY 10022
Wanda Marie Gierhart	officer: EVP - Chief Marketing Officer	3900 DALLAS PARKWAY, PLANO TX 75093
Caren Bedard	officer: SVP-Global Controller	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Michael Cavalier	officer: SVP-General Counsel	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Melissa Thomas	officer: EVP, Chief Financial Officer	600 WEST CHICAGO AVE, STE 400, CHICAGO IL 60654
Valmir Fernandes	officer: Pr - Cinemark International	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Mark Zoradi	director	C/O DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Ximena G Humrichouse	director	1230 RIVER BEND DRIVE, SUITE 215, DALLAS TX 75247
Lee Roy Mitchell	director, 10 percent owner, officer: Chairman of the Board
Sean Gamble	officer: Chief Financial Officer	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Tom Owens	officer: SVP - Real Estate	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Nancy S. Loewe	director	351 PHELPS DRIVE, IRVING TX 75038
Timothy Warner	officer: President and COO	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Robert Copple	officer: Chief Financial Officer	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093