Cinemark Holdings Inc (CNK)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 369,500 | 67,700 | -112,900 | -289,900 | -796,300 |
| Long-term debt | US$ in thousands | — | — | — | 2,476,300 | 2,377,160 |
| Total stockholders’ equity | US$ in thousands | -528,300 | 286,600 | -485,200 | 322,900 | 787,973 |
| Return on total capital | — | 23.62% | — | -10.36% | -25.16% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $369,500K ÷ ($—K + $-528,300K)
= —
Cinemark Holdings Inc's return on total capital has shown significant fluctuations over the years. As of December 31, 2020, the return on total capital was -25.16%, indicating that the company was operating at a loss relative to the capital employed. By December 31, 2021, the return on total capital improved to -10.36%, but still remained negative.
The data for December 31, 2022 is marked as '---', which may suggest that the information was unavailable or not applicable for that period. However, by December 31, 2023, there was a notable positive turnaround with a return on total capital of 23.62%, indicating that the company generated a healthy return relative to its total capital.
The information for December 31, 2024 is also marked as '---', which again may indicate the unavailability of data for that period. Overall, the trend in Cinemark Holdings Inc's return on total capital shows a mix of challenges and improvements, emphasizing the importance of closely monitoring and managing the company's capital utilization and profitability.