Cinemark Holdings Inc (CNK)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Total current assets	US$ in thousands	259,700	34,700	31,000	35,600	644,000	31,400	38,200	17,600	270,100	800,900	873,000	719,800	874,400	669,248	719,681	754,807	892,747	984,009	744,739	587,667
Total current liabilities	US$ in thousands	743,300	1,156,500	780,500	664,000	253,200	651,900	744,700	740,900	214,800	628,400	725,800	645,600	769,100	642,777	651,722	594,510	606,441	623,877	596,119	600,427
Current ratio		0.35	0.03	0.04	0.05	2.54	0.05	0.05	0.02	1.26	1.27	1.20	1.11	1.14	1.04	1.10	1.27	1.47	1.58	1.25	0.98

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $259,700K ÷ $743,300K
= 0.35

The current ratio of Cinemark Holdings Inc has shown fluctuations over the past years, ranging from a low of 0.02 to a high of 2.54. The current ratio, which measures the company's ability to cover its short-term liabilities with its short-term assets, has generally been above 1, indicating that the company has had sufficient current assets to meet its current liabilities.

However, there are periods, such as March 31, 2023 and June 30, 2024, where the current ratio dropped significantly, potentially raising concerns about the company's liquidity and ability to meet its short-term obligations. It is important for investors and stakeholders to closely monitor these fluctuations in the company's current ratio and assess the reasons behind such changes to gain a better understanding of Cinemark Holdings Inc's financial health and liquidity position.