Cinemark Holdings (Cinemark Holdings) Effective Interest Rate on Debt %

: 4.93% (As of Dec. 2023)

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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Cinemark Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $176 Mil. Cinemark Holdings's average total debt for the quarter that ended in Dec. 2023 was $3,572 Mil. Therefore, Cinemark Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.93%.

Cinemark Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Cinemark Holdings's Effective Interest Rate on Debt % 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.

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Cinemark Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

4.75

4.20

4.40

4.62

4.72

Cinemark Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %																4.89	4.52	4.65	4.84	4.93

Competitive Comparison

For the Entertainment subindustry, Cinemark Holdings's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.

Cinemark Holdings Effective Interest Rate on Debt % Distribution

For the Media - Diversified industry and Communication Services sector, Cinemark Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Cinemark Holdings's Effective Interest Rate on Debt % falls into.

Cinemark Holdings Effective Interest Rate on Debt % Calculation

Cinemark Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -173	/	( (3777	+	3552.7)	/ 2 )
=	-1 * -173	/	3664.85
=	4.72 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3532.6	+	244.4
=	3777

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3318.4	+	234.3
=	3552.7

Cinemark Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -176	/	( (3590.8	+	3552.7)	/ 2 )
=	-1 * -176	/	3571.75
=	4.93 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3353.9	+	236.9
=	3590.8

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3318.4	+	234.3
=	3552.7

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Cinemark Holdings (NYSE:CNK) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Cinemark Holdings Effective Interest Rate on Debt % Related Terms

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Cinemark Holdings (Cinemark Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cinemark Holdings Inc (NYSE:CNK) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CNK:Mexico

Address

3900 Dallas Parkway, Suite 500, Plano, TX, USA, 75093

Website

https://www.ir.cinemark.com

Cinemark Holdings Inc is geographically diverse operators in the motion picture exhibition industry in the United States. The company operates in around 518 theatres and 5,847 screens in the United States and Latin America. The company generates revenue from filmed entertainment box office receipts and concession sales, with additional revenue from screen advertising, screen rental and other revenue streams, such as transactional fees, vendor marketing promotions, studio trailer placements, meeting rentals and electronic video games located in some of the theatres. Majority of Cinemark's theaters are located in midsize cities or suburbs of large cities.

Executives

Kevin Leroy Mitchell	director	3900 DALLAS PARKWAY, PLANO TX 75093
Enrique Senior	director	711 FIFTH AVENUE, NEW YORK NY 10022
Wanda Marie Gierhart	officer: EVP - Chief Marketing Officer	3900 DALLAS PARKWAY, PLANO TX 75093
Caren Bedard	officer: SVP-Global Controller	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Michael Cavalier	officer: SVP-General Counsel	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Melissa Thomas	officer: EVP, Chief Financial Officer	600 WEST CHICAGO AVE, STE 400, CHICAGO IL 60654
Valmir Fernandes	officer: Pr - Cinemark International	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Mark Zoradi	director	C/O DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Ximena G Humrichouse	director	1230 RIVER BEND DRIVE, SUITE 215, DALLAS TX 75247
Lee Roy Mitchell	director, 10 percent owner, officer: Chairman of the Board
Sean Gamble	officer: Chief Financial Officer	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Tom Owens	officer: SVP - Real Estate	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Nancy S. Loewe	director	351 PHELPS DRIVE, IRVING TX 75038
Timothy Warner	officer: President and COO	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Robert Copple	officer: Chief Financial Officer	3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093