Cinemark Income Tax Expense vs Operating Income Analysis
CNK Stock | USD 34.52 0.34 0.99% |
Cinemark Holdings financial indicator trend analysis is way more than just evaluating Cinemark Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cinemark Holdings is a good investment. Please check the relationship between Cinemark Holdings Income Tax Expense and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cinemark Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Cinemark Stock please use our How to buy in Cinemark Stock guide.
Income Tax Expense vs Operating Income
Income Tax Expense vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cinemark Holdings Income Tax Expense account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cinemark Holdings' Income Tax Expense and Operating Income is 0.91. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Cinemark Holdings, assuming nothing else is changed. The correlation between historical values of Cinemark Holdings' Income Tax Expense and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Cinemark Holdings are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Tax Expense i.e., Cinemark Holdings' Income Tax Expense and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Tax Expense
Operating Income
Operating Income is the amount of profit realized from Cinemark Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cinemark Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Cinemark Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cinemark Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cinemark Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Cinemark Stock please use our How to buy in Cinemark Stock guide.At this time, Cinemark Holdings' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 7.62 this year, although the value of Selling General Administrative will most likely fall to about 188.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 997.6M | 1.6B | 570.6M | 542.1M | Total Revenue | 1.5B | 2.5B | 3.1B | 2.3B |
Cinemark Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Cinemark Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cinemark Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8B | 5.6B | 5.2B | 4.8B | 4.8B | 4.2B | |
Total Stockholder Equity | 1.4B | 788.0M | 322.9M | 110.2M | 309.8M | 294.3M | |
Property Plant And Equipment Net | 1.7B | 2.9B | 2.6B | 2.3B | 2.1B | 1.7B | |
Net Debt | 2.9B | 3.3B | 3.2B | 3.1B | 2.7B | 1.8B | |
Cash | 488.3M | 655.3M | 707.3M | 674.5M | 849.1M | 527.3M | |
Non Current Assets Total | 5.2B | 4.7B | 4.4B | 4.0B | 3.8B | 3.4B | |
Non Currrent Assets Other | 1.4B | 33.2M | 22.3M | 31.6M | 33.2M | 34.9M | |
Other Assets | 48.5M | 3.1B | 3.1B | 2.9B | 3.3B | 3.5B | |
Cash And Short Term Investments | 488.3M | 655.3M | 707.3M | 674.5M | 849.1M | 527.3M | |
Common Stock Shares Outstanding | 116.6M | 116.7M | 117.3M | 118.2M | 152M | 120.4M | |
Liabilities And Stockholders Equity | 5.8B | 5.6B | 5.2B | 4.8B | 4.8B | 4.2B | |
Other Stockholder Equity | 1.1B | 1.2B | 1.1B | 1.1B | 1.1B | 1.0B | |
Total Liab | 4.4B | 4.8B | 4.9B | 4.7B | 4.5B | 3.3B | |
Property Plant And Equipment Gross | 3.1B | 2.9B | 3.4B | 3.4B | 4.5B | 4.7B | |
Total Current Assets | 635.0M | 892.7M | 874.5M | 863.6M | 1.1B | 640.5M | |
Short Long Term Debt Total | 3.4B | 3.9B | 3.9B | 3.8B | 3.6B | 2.6B | |
Other Current Liab | 13.4M | 159.7M | 375.2M | 359.1M | 212M | 222.6M | |
Total Current Liabilities | 708.8M | 606.4M | 769.1M | 708.5M | 730.3M | 474.5M | |
Other Liab | 524.3M | 475.5M | 470.0M | 457.1M | 525.7M | 431.1M | |
Current Deferred Revenue | 364.3M | 43.4M | 54.5M | 64.5M | 73.6M | 69.9M | |
Retained Earnings | 687.3M | 27.9M | (389.4M) | (660.6M) | (472.4M) | (448.8M) | |
Accounts Payable | 91.6M | 70.6M | 76.0M | 72.2M | 53.3M | 84.8M | |
Long Term Debt | 1.9B | 2.4B | 2.5B | 2.5B | 2.4B | 2.0B | |
Net Receivables | 87.8M | 190.4M | 115.5M | 114.7M | 137.1M | 91.5M | |
Good Will | 1.3B | 1.3B | 1.2B | 1.3B | 1.3B | 1.3B | |
Non Current Liabilities Total | 3.7B | 4.2B | 4.1B | 4.0B | 3.8B | 2.9B | |
Inventory | 21.7M | 12.6M | 15.5M | 23.7M | 23.3M | 15.3M | |
Other Current Assets | 37.2M | 68.8M | 72.4M | 50.7M | 50.5M | 27.6M | |
Accumulated Other Comprehensive Income | (340.1M) | (398.7M) | (394.5M) | (353.2M) | (363.9M) | (345.7M) | |
Short Term Debt | 239.4M | 291.4M | 287.9M | 244.4M | 460.8M | 483.8M | |
Intangible Assets | 321.8M | 314.2M | 310.8M | 304.6M | 302.8M | 262.8M | |
Common Stock | 122K | 124K | 125K | 100K | 115K | 121.4K | |
Property Plant Equipment | 1.7B | 1.6B | 1.4B | 1.2B | 1.4B | 1.5B | |
Treasury Stock | (81.6M) | (87.0M) | (91.1M) | (95.4M) | (85.9M) | (90.2M) | |
Net Tangible Assets | 1.4B | 788.0M | 322.9M | 2.4B | 2.7B | 2.9B | |
Noncontrolling Interest In Consolidated Entity | 12.5M | 11.0M | 11.6M | 9.3M | 10.7M | 12.1M | |
Retained Earnings Total Equity | 686.5M | 687.3M | 27.9M | (389.4M) | (447.8M) | (425.4M) |
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Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cinemark Holdings. If investors know Cinemark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cinemark Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.948 | Earnings Share 1.64 | Revenue Per Share 24.011 | Quarterly Revenue Growth 0.054 | Return On Assets 0.0374 |
The market value of Cinemark Holdings is measured differently than its book value, which is the value of Cinemark that is recorded on the company's balance sheet. Investors also form their own opinion of Cinemark Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cinemark Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cinemark Holdings' market value can be influenced by many factors that don't directly affect Cinemark Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cinemark Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cinemark Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cinemark Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.