National CineMedia (STU:XWM0) Debt-to-Equity : 0.03 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is National CineMedia Debt-to-Equity?

National CineMedia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. National CineMedia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €9.2 Mil. National CineMedia's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €370.1 Mil. National CineMedia's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for National CineMedia's Debt-to-Equity or its related term are showing as below:

STU:XWM0' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.66 Med: -2.22 Max: 0.04
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of National CineMedia was 0.04. The lowest was -2.66. And the median was -2.22.

STU:XWM0's Debt-to-Equity is ranked better than
87.71% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs STU:XWM0: 0.03

National CineMedia Debt-to-Equity Historical Data

The historical data trend for National CineMedia's Debt-to-Equity 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.

* Premium members only.

National CineMedia Debt-to-Equity Chart

National CineMedia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-2.44

-2.22

-2.08

-2.18

0.02

National CineMedia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-2.11	-	0.04	0.02	0.03

Competitive Comparison of National CineMedia's Debt-to-Equity

For the Advertising Agencies subindustry, National CineMedia's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

National CineMedia's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, National CineMedia's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where National CineMedia's Debt-to-Equity falls into.

National CineMedia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

National CineMedia's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	9.17)	/	398.436
	=	0.02

National CineMedia's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	9.2)	/	370.116
	=	0.02

National CineMedia (STU:XWM0) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

National CineMedia Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of National CineMedia's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

National CineMedia (STU:XWM0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » National CineMedia Inc (STU:XWM0) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NCMI:USA

Address

6300 South Syracuse Way, Suite 300, Centennial, CO, USA, 80111

Website

https://www.ncm.com

National CineMedia Inc is a holding company that operates a digital in-theatre media network across North America. The company displays ads in movie theaters, online, and through mobile video. National CineMedia's most important operation is First Look, its prefeature programming that plays before a movie and related trailers start. The company also operates an online and mobile network in combination with movie theaters that include movie content, trailers, showtimes, and other features. The company derives revenue from the sale of advertising to national, regional and local businesses in Noovie show, cinema advertising and entertainment show seen on movie screens across the U.S.

National CineMedia (STU:XWM0) Headlines

No Headlines