AMC Networks Inc (AMCX)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,048,050 | 1,050,690 | 1,007,670 | 921,796 | 806,988 | 1,002,430 | 964,668 | 925,351 | 851,088 | 837,028 | 733,669 | 673,452 | 616,805 | 747,603 | 651,916 | 613,548 | 665,781 | 628,124 | 541,820 | 455,390 |
| Debt-to-capital ratio | 0.69 | 0.69 | 0.70 | 0.75 | 0.77 | 0.74 | 0.74 | 0.75 | 0.77 | 0.77 | 0.79 | 0.81 | 0.82 | 0.79 | 0.81 | 0.82 | 0.82 | 0.83 | 0.85 | 0.87 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,294,250K ÷ ($2,294,250K + $1,048,050K)
= 0.69
The debt-to-capital ratio of AMC Networks Inc has shown a slight downward trend over the past few quarters. It decreased from 0.78 in Q4 2022 to 0.69 in Q4 2023. This indicates that the company's reliance on debt funding relative to its overall capital structure has decreased, which could be a positive sign for its financial health. However, the ratio has been fluctuating within a relatively narrow range of 0.69 to 0.78 over the past eight quarters, suggesting a stable debt-to-capital relationship for the company. It is essential for AMC Networks Inc to monitor and manage its debt levels effectively to maintain a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2023