AMC Networks Inc (AMCX)
Debt-to-assets ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,294,250 | 2,334,220 | 2,349,120 | 2,763,770 | 2,778,700 | 2,785,180 | 2,791,670 | 2,798,180 | 2,804,720 | 2,811,250 | 2,817,790 | 2,825,100 | 2,774,310 | 2,791,090 | 2,807,890 | 2,824,470 | 3,039,980 | 3,056,690 | 3,073,420 | 3,080,800 |
| Total assets | US$ in thousands | 4,969,790 | 5,390,780 | 5,470,480 | 5,463,240 | 5,633,840 | 5,813,500 | 5,793,640 | 5,749,730 | 5,748,950 | 5,495,460 | 5,479,510 | 5,245,680 | 5,246,340 | 5,386,430 | 5,305,960 | 5,316,420 | 5,596,690 | 5,618,210 | 5,561,730 | 5,521,910 |
| Debt-to-assets ratio | 0.46 | 0.43 | 0.43 | 0.51 | 0.49 | 0.48 | 0.48 | 0.49 | 0.49 | 0.51 | 0.51 | 0.54 | 0.53 | 0.52 | 0.53 | 0.53 | 0.54 | 0.54 | 0.55 | 0.56 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,294,250K ÷ $4,969,790K
= 0.46
AMC Networks Inc's debt-to-assets ratio has been relatively stable over the past eight quarters, ranging from 0.48 to 0.52. This indicates that the company's debt levels compared to its total assets have been consistent, with a gradual increase from the lowest ratio of 0.48 in Q4 2023 to the highest ratio of 0.52 in Q2, Q3, and Q1 2023.
A debt-to-assets ratio of around 0.50 suggests that approximately half of the company's total assets are financed by debt, while the other half is funded by equity. This indicates a moderate level of leverage, which can be seen as a reasonable balance between debt and equity financing.
Overall, the stability of the debt-to-assets ratio for AMC Networks Inc suggests a consistent capital structure and solid financial management in maintaining a sustainable level of debt relative to its assets over the analyzed quarters.
Peer comparison
Dec 31, 2023