Cinemark Holdings Inc (CNK)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital ratio | — | 0.00 | — | 0.88 | 0.75 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-528,300K)
= —
The debt-to-capital ratio for Cinemark Holdings Inc has fluctuated over the past few years. In December 2020, the ratio stood at 0.75, indicating that 75% of the company's capital was financed through debt. By December 2021, the ratio increased to 0.88, suggesting a higher proportion of debt in the capital structure. However, data is not available for December 2022, denoted as "—".
Interestingly, by December 2023, the debt-to-capital ratio dropped to 0.00, signifying that the company's capital was fully financed through equity rather than debt during that period. The absence of debt financing could be a strategic decision or a temporary situation. The ratio data for December 2024 is also unavailable, indicated as "—".
Overall, fluctuations in the debt-to-capital ratio of Cinemark Holdings Inc indicate changes in the company's capital structure and financing decisions over the analyzed period. Further context or additional ratios would be beneficial to gain a comprehensive understanding of the company's financial leverage and risk profile.