Cinemark Operating Income vs Net Income Analysis

CNK Stock  USD 18.07  0.48  2.73%   
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 Operating Income and its Net 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 tightly coupled 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.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cinemark Holdings Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cinemark Holdings' Operating Income and Net Income is 0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net 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' Operating Income and Net 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 Operating Income of Cinemark Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Cinemark Holdings' Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Cinemark Holdings financial statement analysis. It represents the amount of money remaining after all of Cinemark Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 tightly coupled 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.Enterprise Value Multiple is expected to rise to 11.15 this year, although the value of Selling General Administrative will most likely fall to about 769.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit997.6M1.6B570.6M542.1M
Total Revenue1.5B2.5B3.1B2.3B

Cinemark Holdings fundamental ratios Correlations

0.30.780.870.690.880.420.410.690.130.90.90.570.750.780.340.850.80.020.040.30.810.770.860.860.81
0.3-0.18-0.170.020.180.1-0.610.02-0.410.390.0-0.46-0.03-0.33-0.59-0.160.550.70.90.72-0.28-0.040.450.32-0.25
0.78-0.180.910.570.670.10.750.570.250.620.890.650.660.890.640.850.51-0.47-0.32-0.050.910.920.530.580.86
0.87-0.170.910.630.850.440.640.630.290.670.940.730.740.980.610.950.49-0.35-0.35-0.110.930.820.580.640.98
0.690.020.570.630.570.240.431.00.370.820.620.450.980.60.290.610.580.0-0.350.060.780.610.730.860.67
0.880.180.670.850.570.760.240.570.090.750.850.530.690.780.370.770.63-0.1-0.030.170.730.650.70.710.87
0.420.10.10.440.240.76-0.190.240.020.310.390.270.370.420.110.360.170.03-0.01-0.040.260.10.280.30.54
0.41-0.610.750.640.430.24-0.190.430.490.310.560.830.470.710.80.640.14-0.63-0.7-0.350.770.670.260.360.62
0.690.020.570.631.00.570.240.430.370.820.620.450.980.60.290.610.580.0-0.350.060.780.610.730.860.67
0.13-0.410.250.290.370.090.020.490.370.10.290.590.390.360.510.420.1-0.37-0.43-0.430.380.330.040.250.32
0.90.390.620.670.820.750.310.310.820.10.760.430.830.560.240.650.870.130.020.410.730.690.970.980.65
0.90.00.890.940.620.850.390.560.620.290.760.680.720.890.650.920.66-0.37-0.190.060.90.820.690.730.9
0.57-0.460.650.730.450.530.270.830.450.590.430.680.530.780.820.780.3-0.51-0.58-0.250.780.590.420.50.74
0.75-0.030.660.740.980.690.370.470.980.390.830.720.530.710.390.690.58-0.12-0.39-0.010.850.710.720.860.79
0.78-0.330.890.980.60.780.420.710.60.360.560.890.780.710.660.930.37-0.44-0.47-0.240.930.790.460.550.98
0.34-0.590.640.610.290.370.110.80.290.510.240.650.820.390.660.620.13-0.86-0.65-0.390.690.520.190.30.62
0.85-0.160.850.950.610.770.360.640.610.420.650.920.780.690.930.620.57-0.29-0.31-0.030.90.730.590.650.91
0.80.550.510.490.580.630.170.140.580.10.870.660.30.580.370.130.570.260.310.660.530.580.90.840.44
0.020.7-0.47-0.350.0-0.10.03-0.630.0-0.370.13-0.37-0.51-0.12-0.44-0.86-0.290.260.630.62-0.4-0.360.220.1-0.38
0.040.9-0.32-0.35-0.35-0.03-0.01-0.7-0.35-0.430.02-0.19-0.58-0.39-0.47-0.65-0.310.310.630.64-0.52-0.220.1-0.06-0.44
0.30.72-0.05-0.110.060.17-0.04-0.350.06-0.430.410.06-0.25-0.01-0.24-0.39-0.030.660.620.64-0.08-0.040.570.34-0.15
0.81-0.280.910.930.780.730.260.770.780.380.730.90.780.850.930.690.90.53-0.4-0.52-0.080.830.650.730.93
0.77-0.040.920.820.610.650.10.670.610.330.690.820.590.710.790.520.730.58-0.36-0.22-0.040.830.590.660.78
0.860.450.530.580.730.70.280.260.730.040.970.690.420.720.460.190.590.90.220.10.570.650.590.950.55
0.860.320.580.640.860.710.30.360.860.250.980.730.50.860.550.30.650.840.1-0.060.340.730.660.950.63
0.81-0.250.860.980.670.870.540.620.670.320.650.90.740.790.980.620.910.44-0.38-0.44-0.150.930.780.550.63
Click cells to compare fundamentals

Cinemark Holdings Account Relationship Matchups

Cinemark Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B5.6B5.2B4.8B4.8B4.2B
Total Stockholder Equity1.4B788.0M322.9M110.2M309.8M294.3M
Property Plant And Equipment Net1.7B2.9B2.6B2.3B2.1B1.7B
Net Debt2.9B3.3B3.2B3.1B2.7B1.8B
Cash488.3M655.3M707.3M674.5M849.1M527.3M
Non Current Assets Total5.2B4.7B4.4B4.0B3.8B3.4B
Non Currrent Assets Other1.4B33.2M22.3M31.6M33.2M34.9M
Other Assets48.5M3.1B3.1B2.9B3.3B3.5B
Cash And Short Term Investments488.3M655.3M707.3M674.5M849.1M527.3M
Common Stock Shares Outstanding116.6M116.7M117.3M118.2M152M120.4M
Liabilities And Stockholders Equity5.8B5.6B5.2B4.8B4.8B4.2B
Other Stockholder Equity1.1B1.2B1.1B1.1B1.1B1.0B
Total Liab4.4B4.8B4.9B4.7B4.5B3.3B
Property Plant And Equipment Gross3.1B2.9B3.4B3.4B4.5B4.7B
Total Current Assets635.0M892.7M874.5M863.6M1.1B640.5M
Short Long Term Debt Total3.4B3.9B3.9B3.8B3.6B2.5B
Other Current Liab13.4M200.9M350.8M326.6M369.1M387.6M
Total Current Liabilities708.8M606.4M769.1M708.5M730.3M474.5M
Other Liab524.3M475.5M470.0M457.1M525.7M431.1M
Current Deferred Revenue364.3M43.4M54.5M64.5M73.6M69.9M
Retained Earnings687.3M27.9M(389.4M)(660.6M)(472.4M)(448.8M)
Accounts Payable91.6M70.6M76.0M72.2M53.3M84.8M
Long Term Debt1.9B2.4B2.5B2.5B2.4B2.0B
Net Receivables87.8M190.4M115.5M114.7M137.1M91.5M
Good Will1.3B1.3B1.2B1.3B1.3B1.3B
Non Current Liabilities Total3.7B4.2B4.1B4.0B3.8B2.9B
Inventory21.7M12.6M15.5M23.7M23.3M15.3M
Other Current Assets37.2M34.4M36.2M50.7M50.5M53.0M
Accumulated Other Comprehensive Income(340.1M)(398.7M)(394.5M)(353.2M)(363.9M)(345.7M)
Short Term Debt239.4M291.4M287.9M245.2M234.3M246.0M
Intangible Assets321.8M314.2M310.8M304.6M302.8M262.8M
Common Stock122K124K125K100K115K121.4K
Property Plant Equipment1.7B1.6B1.4B1.2B1.4B1.5B
Treasury Stock(81.6M)(87.0M)(91.1M)(95.4M)(85.9M)(90.2M)
Net Tangible Assets1.4B788.0M322.9M2.4B2.7B2.9B
Noncontrolling Interest In Consolidated Entity12.5M11.0M11.6M9.3M10.7M12.1M
Retained Earnings Total Equity686.5M687.3M27.9M(389.4M)(447.8M)(425.4M)
Long Term Debt Total1.9B2.4B2.5B2.6B2.9B2.3B

Pair Trading with Cinemark Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cinemark Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cinemark Holdings will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Cinemark Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cinemark Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cinemark Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cinemark Holdings to buy it.
The correlation of Cinemark Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cinemark Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cinemark Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cinemark Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cinemark Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cinemark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cinemark Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Cinemark Holdings Stock:
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 tightly coupled 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.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Cinemark Holdings' price analysis, check to measure Cinemark Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cinemark Holdings is operating at the current time. Most of Cinemark Holdings' value examination focuses on studying past and present price action to predict the probability of Cinemark Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cinemark Holdings' price. Additionally, you may evaluate how the addition of Cinemark Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Cinemark Holdings' industry 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
(0.38)
Earnings Share
1.34
Revenue Per Share
25.749
Quarterly Revenue Growth
0.065
Return On Assets
0.0481
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.