AMC Entertainment Holdings (AMC Entertainment Holdings) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

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What is AMC Entertainment Holdings Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. AMC Entertainment Holdings's Operating Income for the three months ended in Dec. 2023 was $-38 Mil. AMC Entertainment Holdings's Interest Expense for the three months ended in Dec. 2023 was $-104 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AMC Entertainment Holdings Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for AMC Entertainment Holdings's Interest Coverage or its related term are showing as below:

AMC' s Interest Coverage Range Over the Past 10 Years
Min: 0.1 Med: 0.91 Max: 2.28
Current: 0.1

AMC's Interest Coverage is ranked worse than
99.84% of 611 companies
in the Media - Diversified industry
Industry Median: 11.94 vs AMC: 0.10

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AMC Entertainment Holdings Interest Coverage Historical Data

The historical data trend for AMC Entertainment Holdings's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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AMC Entertainment Holdings Interest Coverage Chart

AMC Entertainment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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0.69

0.10

AMC Entertainment Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															-	-	0.83	0.97	-

Competitive Comparison of AMC Entertainment Holdings's Interest Coverage

For the Entertainment subindustry, AMC Entertainment Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AMC Entertainment Holdings's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AMC Entertainment Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AMC Entertainment Holdings's Interest Coverage falls into.

AMC Entertainment Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AMC Entertainment Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, AMC Entertainment Holdings's Interest Expense was $-411 Mil. Its Operating Income was $39 Mil. And its Long-Term Debt & Capital Lease Obligation was $8,603 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	39.1	/	-411.2
	=	0.10

AMC Entertainment Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, AMC Entertainment Holdings's Interest Expense was $-104 Mil. Its Operating Income was $-38 Mil. And its Long-Term Debt & Capital Lease Obligation was $8,603 Mil.

AMC Entertainment Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

AMC Entertainment Holdings (NYSE:AMC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

AMC Entertainment Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of AMC Entertainment Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

AMC Entertainment Holdings (AMC Entertainment Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AMC Entertainment Holdings Inc (NYSE:AMC) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

AMC:Mexico AH91:Germany AH91:Germany AH91:Germany AMC2:Austria

Address

11500 Ash Street, One AMC Way, Leawood, KS, USA, 66211

Website

https://www.amctheatres.com

AMC Entertainment Holdings Inc is involved in the theatrical exhibition business. It owns, operates or has interests in theatres located in the United States and Europe. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation. The group operates in U.S. markets and International markets. It derives key revenue from the U.S.

Executives

Ellen Copaken	officer: SVP MARKETING	11500 ASH STREET, LEAWOOD KS 66211
Kerith Sheehan Putnam	director	11500 ASH ST, LEAWOOD KS 66211
Antara Capital Gp Llc	10 percent owner	500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Fund Gp Llc	10 percent owner	500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Master Fund Lp	10 percent owner	500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Lp	10 percent owner	55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Himanshu Gulati	10 percent owner	500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Sean D. Goodman	officer: EVP & CFO	11500 ASH STREET, LEAWOOD KS 66211
Denise M. Clark	director	C/O AMC ENTERTAINMENT HOLDINGS INC, 11500 ASH STREET, LEAWOOD KS 66211
Chris A Cox	officer: SVP, CHIEF ACCOUNTING OFFICER	AMC ENTERTAINMENT HOLDINGS INC, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
John D Mcdonald	officer: EVP, US OPERATION	C/O AMC ENTERTAINMENT HOLDINGS INC, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Elizabeth F Frank	officer: EVP, WWP AND CCO	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Lee Wittlinger	director	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Daniel E Ellis	officer: SVP,DEVEL AND INTERNATIONAL
Stephen A Colanero	officer: EVP, CHIEF MARKETING OFFICER	AMC ENTERTAINMENT HOLDINGS INC, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211