Cinemark Holdings Inc (CNK)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 300,300 | 225,600 | 145,500 | 339,500 | 370,600 | 593,800 | 375,000 | -533,000 | -1,136,200 | 613,329 | -49,177 | -115,977 | -252,477 | -584,402 | -752,680 | -881,555 | -754,974 | -401,542 | -132,227 | 238,100 |
| Total assets | US$ in thousands | 1,127,300 | 1,581,400 | 1,576,400 | 1,586,700 | 4,655,900 | 1,583,800 | 1,598,000 | 1,575,100 | 4,623,300 | 4,850,500 | 5,004,000 | 5,024,300 | 5,230,600 | 5,078,570 | 5,212,820 | 5,296,950 | 5,562,920 | 5,802,610 | 5,690,120 | 5,632,890 |
| Operating ROA | 26.64% | 14.27% | 9.23% | 21.40% | 7.96% | 37.49% | 23.47% | -33.84% | -24.58% | 12.64% | -0.98% | -2.31% | -4.83% | -11.51% | -14.44% | -16.64% | -13.57% | -6.92% | -2.32% | 4.23% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $300,300K ÷ $1,127,300K
= 26.64%
Cinemark Holdings Inc's operating return on assets (operating ROA) has shown fluctuations over the analyzed periods.
From March 31, 2020, the operating ROA stood at 4.23%, indicating a decent level of profitability generated from its assets. However, in the following quarters, the operating ROA turned negative, reaching its lowest point at -33.84% by March 31, 2023.
Thereafter, the operating ROA started to recover, increasing to 26.64% by the end of December 31, 2024. This positive trend suggests that the company's operational performance improved significantly, generating more income relative to its asset base.
Overall, the data shows that Cinemark Holdings Inc initially faced challenges that impacted its operational profitability but managed to turn around and deliver strong returns on its assets in the later periods.