AMC Networks Inc (AMCX)

Solvency ratios

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
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
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
Debt-to-equity ratio 2.19 2.22 2.33 3.00 3.44 2.78 2.89 3.02 3.30 3.36 3.84 4.19 4.50 3.73 4.31 4.60 4.57 4.87 5.67 6.77
Financial leverage ratio 4.74 5.13 5.43 5.93 6.98 5.80 6.01 6.21 6.75 6.57 7.47 7.79 8.51 7.20 8.14 8.67 8.41 8.94 10.26 12.13

AMC Networks Inc's solvency ratios, as indicated by the debt-to-assets, debt-to-capital, debt-to-equity, and financial leverage ratios, demonstrate the company's ability to meet its financial obligations and the extent of leverage used in its capital structure.

- The debt-to-assets ratio shows the proportion of the company's assets financed by debt. It has ranged between 0.48 and 0.52 over the past eight quarters, indicating that AMC Networks relies on debt for about 48% to 52% of its total assets.

- The debt-to-capital ratio measures the extent of the company's capital that is financed by debt. It has varied between 0.69 and 0.78 during the same period, suggesting that debt contributes around 69% to 78% of AMC Networks' total capital structure.

- The debt-to-equity ratio reflects the relationship between the company's total debt and shareholders' equity. It has fluctuated from 2.27 to 3.51 over the past eight quarters, indicating that AMC Networks has maintained a higher level of debt compared to equity in its capital structure.

- The financial leverage ratio shows the company's total assets relative to equity. AMC Networks' financial leverage ratio has ranged between 4.74 and 6.98, reflecting a range within which the company's assets are leveraged to support operations and growth.

Overall, the trending ratios indicate that AMC Networks Inc has been managing its solvency well but has shown a trend of increasing leverage over the quarters, potentially implying a higher level of financial risk associated with its capital structure. It would be important for stakeholders to monitor these ratios closely to assess the company's ability to meet its debt obligations and sustain its operations effectively.

Coverage ratios

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
Interest coverage 3.03 0.42 0.57 0.72 0.75 4.18 4.56 4.02 3.67 4.48 4.15 3.92 3.78 2.78 2.79 3.38 3.91 4.40 4.62 4.70

AMC Networks Inc has shown consistent interest coverage ratios over the past eight quarters, ranging from 4.43 to 5.58. The interest coverage ratio measures the company's ability to meet its interest payments on outstanding debt, with higher ratios indicating a stronger ability to do so.

AMC Networks Inc's interest coverage ratios have generally remained above 4.5, which suggests that the company is comfortably able to cover its interest expenses with its operating income. The slight fluctuations in the ratio over the quarters may be attributed to changes in operating income or interest expenses.

The upward trend from Q1 2022 to Q2 2022 suggests an improvement in the company's ability to cover interest expenses. However, the ratio has slightly decreased since then, but it still remains at levels indicating good financial health.

Overall, AMC Networks Inc's interest coverage ratios demonstrate a solid financial position with sufficient earnings to cover interest costs, providing assurance to creditors and investors regarding the company's ability to manage its debt obligations.