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AMCX (AMC Networks) Quick Ratio : 2.38 (As of Dec. 2024)


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What is AMC Networks Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. AMC Networks's quick ratio for the quarter that ended in Dec. 2024 was 2.38.

AMC Networks has a quick ratio of 2.38. It generally indicates good short-term financial strength.

The historical rank and industry rank for AMC Networks's Quick Ratio or its related term are showing as below:

AMCX' s Quick Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.05   Max: 2.9
Current: 2.38

During the past 13 years, AMC Networks's highest Quick Ratio was 2.90. The lowest was 1.67. And the median was 2.05.

AMCX's Quick Ratio is ranked better than
72.16% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.47 vs AMCX: 2.38

AMC Networks Quick Ratio Historical Data

The historical data trend for AMC Networks's Quick Ratio 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.

AMC Networks Quick Ratio Chart

AMC Networks Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 1.89 1.67 1.72 2.38

AMC Networks Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Quick Ratio 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 1.72 1.85 2.13 2.32 2.38

Competitive Comparison of AMC Networks's Quick Ratio

For the Entertainment subindustry, AMC Networks's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Networks's Quick Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AMC Networks's Quick Ratio distribution charts can be found below:

* The bar in red indicates where AMC Networks's Quick Ratio falls into.


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AMC Networks Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

AMC Networks's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1670.804-0)/702.668
=2.38

AMC Networks's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1670.804-0)/702.668
=2.38

* 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.


AMC Networks  (NAS:AMCX) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


AMC Networks Quick Ratio Related Terms

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AMC Networks Business Description

Traded in Other Exchanges
N/A
Address
11 Penn Plaza, New York, NY, USA, 10001
AMC Networks owns several linear pay-TV networks, including AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, its most widely distributed network, reached 60 million pay-TV households in the US at the end of 2024. The firm also had nearly 12.5 million US streaming subscribers, with AMC+ as the flagship streaming platform. With both its linear networks and streaming offerings, the firm caters to specific niche audiences. Over the last 15 years, AMC has shifted its focus to original scripted programming from classic movies. It creates content through AMC Studios and also generates revenue from licensing content. Following an international divestiture at the end of 2023, domestic operations make up nearly 90% of total revenue.
Executives
Charles F. Dolan 2009 Revocable Trust other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Kimberly Kelleher officer: Chief Commercial Officer C/O REDBOX ENTERTAINMENT INC., 1 TOWER LANE, SUITE 800, OAKBROOK TERRACE IL 60181
Patrick O'connell officer: EVP & Chief Financial Officer 11 PENN PLAZA, NEW YORK CITY NY 10001
Sherin Michael J. Iii officer: EVP, Chief Accounting Officer 11 PENN PLAZA, NEW YORK CITY NY 10001
James Gallagher officer: EVP and General Counsel 11 PENN PLAZA, NEW YORK NY 10001
Matthew Blank officer: Interim CEO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Dan Mcdermott officer: President - Ent. & AMC Studios 2425 OLYMPIC BOULEVARD, SANTA MONICA CA 90404
Debra Golding Perelman director 35 EAST 62ND STREET, NEW YORK NY 10065
Dolan Leinauer Corby other: Trustee of 13D Group Member BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Joseph Cohen director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joshua W Sapan officer: President and CEO 11 PENN PLAZA, NEW YORK NY 10001
Christina Spade officer: COO and CFO 11 PENN PLAZA, NEW YORK NY 10001
Cfd 2021 Gc Trust Fbo Kevyn A. Dolan other: Member of 13(d) Group DOLAN FAMILY OFFICE,LLC, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2021 Gc Trust Fbo Tara E. Dolan other: Member of 13(d) Group DOLAN FAMILY OFFICE, LLC, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Aidan J Dolan director 11 PENN PLAZA, NEW YORK NY 10001