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Imax (IMAX) Debt-to-Equity : 0.89 (As of Dec. 2024)


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What is Imax Debt-to-Equity?

Imax's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $36.4 Mil. Imax's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $229.9 Mil. Imax's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $299.5 Mil. Imax's debt to equity for the quarter that ended in Dec. 2024 was 0.89.

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 Imax's Debt-to-Equity or its related term are showing as below:

IMAX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.35   Max: 1
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Imax was 1.00. The lowest was 0.03. And the median was 0.35.

IMAX's Debt-to-Equity is ranked worse than
74.7% of 834 companies
in the Media - Diversified industry
Industry Median: 0.26 vs IMAX: 0.89

Imax Debt-to-Equity Historical Data

The historical data trend for Imax'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.

Imax Debt-to-Equity Chart

Imax Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.64 1.00 0.92 0.89

Imax Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 1.15 1.06 0.96 0.89

Competitive Comparison of Imax's Debt-to-Equity

For the Entertainment subindustry, Imax'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.


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

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

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



Imax Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Imax's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Imax's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.


Imax  (NYSE:IMAX) 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.


Imax Debt-to-Equity Related Terms

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


Imax Business Description

Traded in Other Exchanges
Address
2525 Speakman Drive, Mississauga, ON, CAN, L5K 1B1
Imax Corp is a premier global technology platform for entertainment and events. Through its proprietary software, auditorium architecture, patented intellectual property, and specialized equipment, IMAX offers a unique end-to-end solution to create superior, immersive content experiences for which the IMAX brand is globally renowned. Top filmmakers, movie studios, artists, and creators utilize the cutting-edge visual and sound technology of IMAX to connect with audiences in innovative ways. The Company leverages its proprietary technology and engineering in all aspects of its business, which principally consists of the IMAX film remastering and the sale or lease of premium IMAX theater systems.
Executives
Kenneth Ian Weissman officer: Sr VP & Corporate Secretary 902 BROADWAY AVE, 20TH FLOOR, NEW YORK NY 10010-6002
Robert D Lister officer: Exec VP Bus&Legal Affairs 902 BROADWAY, 20TH FLOOR, C/O IMAX CORP, NEW YORK NY 10022
Natasha Fernandes officer: Chief Financial Officer 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K1B1
Mark Welton officer: Executive Vice President 2525 SPEAKMAN DRIVE, C/O IMAX CORP, MISSISSAUGA A6 L5K 1B1
Calamera Pablo officer: CTO & EVP C/O IMAX CORPORATION, 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Richard L Gelfond director, officer: Chief Executive Officer 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Denny Tu officer: Chief Marketing Officer 12582 WEST MILLENNIUM DRIVE, PLAYA VISTA CA 90094
Daniel Manwaring officer: CEO, IMAX China Holding, Inc. IMAX CORPORATION, 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Jennifer L. Wong director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Elizabeth Gitajn officer: SVP, Finance & Controller 2525 SPEAKMAN DRIVE, MISSISSAUGA, ONTARIO Z4 L5K 1B1
Gail Berman director 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Michele Golden officer: Global Chief People Officer 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Jacqueline Bassani officer: Chief People Officer 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K1B1
Steve Pamon director 1241 E MAIN ST, STAMFORD CT 06902-3520
Giovanni M. Dolci officer: Head of Global Sales THIRD FLOOR, D'OLIER CHAMBERS, 16A D'OLIER STREET, DUBLIN L2 D02 H589