Cinemark Holdings Inc (CNK)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 309,700 | 652,800 | 555,200 | 628,500 | 600,600 | -236,900 | -302,600 | -348,300 | -271,200 | 177,600 | 75,300 | -140,500 | -422,800 | -667,756 | -737,548 | -765,537 | -616,828 | -351,238 | -172,293 | 99,067 |
| 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 |
| ROA | 27.47% | 41.28% | 35.22% | 39.61% | 12.90% | -14.96% | -18.94% | -22.11% | -5.87% | 3.66% | 1.50% | -2.80% | -8.08% | -13.15% | -14.15% | -14.45% | -11.09% | -6.05% | -3.03% | 1.76% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $309,700K ÷ $1,127,300K
= 27.47%
Cinemark Holdings Inc's return on assets (ROA) has fluctuated significantly over the periods specified in the data provided.
From March 31, 2020, to June 30, 2020, the ROA declined from 1.76% to -3.03%, indicating a decrease in the company's ability to generate profits from its assets. This negative trend continued, with ROA dropping further to -22.11% by March 31, 2023.
However, the company showed signs of improvement starting from December 31, 2023, with the ROA turning positive at 12.90%. This positive momentum continued into the following periods, reaching peaks of 41.28% on September 30, 2024, showing that Cinemark Holdings Inc was able to generate significant returns from its assets in these periods.
Overall, the analysis of ROA for Cinemark Holdings Inc suggests a volatile performance, with periods of negative returns followed by a significant recovery and improvement in profitability from its asset base. It is essential for stakeholders to closely monitor the company's asset management strategies to ensure sustained positive returns in the future.