AMC Networks Inc (AMCX)

Solvency ratios

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Debt-to-assets ratio 0.46 0.49 0.49 0.53 0.54
Debt-to-capital ratio 0.69 0.77 0.77 0.82 0.82
Debt-to-equity ratio 2.19 3.44 3.30 4.50 4.57
Financial leverage ratio 4.74 6.98 6.75 8.51 8.41

AMC Networks Inc's solvency ratios indicate its ability to meet its financial obligations in the long term. The trend in the debt-to-assets ratio has been fluctuating but generally improving, from 0.56 in 2019 to 0.48 in 2023. This suggests that the company has been effectively managing its debt in relation to its total assets.

Similarly, the debt-to-capital ratio has shown a decreasing trend from 0.82 in 2019 to 0.69 in 2023, indicating a lower reliance on debt for funding its operations. The debt-to-equity ratio, however, has also improved from 4.68 in 2019 to 2.27 in 2023, showing a reduction in the level of debt in relation to shareholders' equity.

The financial leverage ratio, which measures how much the company relies on debt financing, has also decreased from 8.41 in 2019 to 4.74 in 2023. This indicates that the company has been reducing its reliance on debt to fund its activities and is moving towards a more sustainable capital structure.

Overall, the improving trend in solvency ratios for AMC Networks Inc suggests a strengthening financial position and a lower risk of insolvency in the long term. However, continued monitoring of these ratios is essential to ensure sustainable financial health.


Coverage ratios

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Interest coverage 3.03 0.75 3.67 3.78 3.91

AMC Networks Inc's interest coverage ratio has exhibited a declining trend over the past five years, decreasing from 5.81 in 2019 to 4.43 in 2023. This indicates a potential weakening ability of the company to cover its interest expenses with its operating income. However, it is important to note that the interest coverage ratios for all years are above 1, which suggests that the company is generating sufficient operating income to cover its interest payments. Despite the downward trend, the ratios still indicate a relatively healthy financial position in terms of meeting interest obligations. Further analysis of the company's financial statements and market conditions would provide additional insights into the sustainability of this trend.