Cinemark Net Working Capital vs Accumulated Depreciation Analysis

CNK Stock

USD 17.65 0.17 0.97%

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 Net Working Capital and its Accumulated Depreciation 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.

Net Working Capital vs Accumulated Depreciation

Net Working Capital vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cinemark Holdings Net Working Capital account and Accumulated Depreciation. At this time, the significance of the direction appears to have no relationship.

The correlation between Cinemark Holdings' Net Working Capital and Accumulated Depreciation is 0.05. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Accumulated Depreciation 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' Net Working Capital and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Cinemark Holdings are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Net Working Capital i.e., Cinemark Holdings' Net Working Capital and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Working Capital

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Cinemark Holdings fixed asset that has been charged to Cinemark Holdings expense since that asset was acquired and made available for Cinemark Holdings use. The accumulated depreciation account is Cinemark Holdings asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Cinemark Holdings.

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.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 11.12 this year, although the value of Selling General Administrative will most likely fall to about 769.9 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

Gross Profit Total Revenue

Cinemark Holdings fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Current Deferred Revenue	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total
Total Assets		0.3	0.78	0.87	0.69	0.88	0.42	0.41	0.69	0.13	0.9	0.9	0.57	0.75	0.78	0.34	0.85	0.8	0.02	0.04	0.3	0.81	0.77	0.86	0.86	0.81
Total Stockholder Equity	0.3		-0.18	-0.17	0.02	0.18	0.1	-0.61	0.02	-0.41	0.39	0.0	-0.46	-0.03	-0.33	-0.59	-0.16	0.55	0.7	0.9	0.72	-0.28	-0.04	0.45	0.32	-0.25
Property Plant And Equipment Net	0.78	-0.18		0.91	0.57	0.67	0.1	0.75	0.57	0.25	0.62	0.89	0.65	0.66	0.89	0.64	0.85	0.51	-0.47	-0.32	-0.05	0.91	0.92	0.53	0.58	0.86
Net Debt	0.87	-0.17	0.91		0.63	0.85	0.44	0.64	0.63	0.28	0.67	0.94	0.73	0.74	0.98	0.61	0.95	0.49	-0.35	-0.35	-0.11	0.93	0.82	0.58	0.64	0.98
Cash	0.69	0.02	0.57	0.63		0.57	0.24	0.43	1.0	0.37	0.82	0.62	0.45	0.98	0.6	0.29	0.61	0.58	0.0	-0.35	0.06	0.78	0.61	0.73	0.86	0.67
Non Current Assets Total	0.88	0.18	0.67	0.85	0.57		0.76	0.24	0.57	0.09	0.75	0.85	0.53	0.69	0.78	0.37	0.77	0.63	-0.1	-0.03	0.17	0.73	0.65	0.7	0.71	0.87
Non Currrent Assets Other	0.42	0.1	0.1	0.44	0.24	0.76		-0.19	0.24	0.02	0.31	0.39	0.27	0.37	0.42	0.11	0.36	0.17	0.03	-0.01	-0.04	0.26	0.1	0.28	0.3	0.54
Other Assets	0.41	-0.61	0.75	0.64	0.43	0.24	-0.19		0.43	0.49	0.31	0.56	0.83	0.47	0.71	0.8	0.64	0.14	-0.63	-0.7	-0.35	0.77	0.67	0.26	0.36	0.62
Cash And Short Term Investments	0.69	0.02	0.57	0.63	1.0	0.57	0.24	0.43		0.37	0.82	0.62	0.45	0.98	0.6	0.29	0.61	0.58	0.0	-0.35	0.06	0.78	0.61	0.73	0.86	0.67
Common Stock Shares Outstanding	0.13	-0.41	0.25	0.28	0.37	0.09	0.02	0.49	0.37		0.1	0.29	0.59	0.39	0.36	0.51	0.42	0.1	-0.37	-0.43	-0.43	0.38	0.33	0.04	0.25	0.32
Other Stockholder Equity	0.9	0.39	0.62	0.67	0.82	0.75	0.31	0.31	0.82	0.1		0.76	0.43	0.83	0.56	0.24	0.65	0.87	0.13	0.02	0.41	0.73	0.69	0.97	0.98	0.65
Total Liab	0.9	0.0	0.89	0.94	0.62	0.85	0.39	0.56	0.62	0.29	0.76		0.68	0.72	0.89	0.65	0.92	0.66	-0.37	-0.19	0.06	0.9	0.82	0.69	0.73	0.9
Property Plant And Equipment Gross	0.57	-0.46	0.65	0.73	0.45	0.53	0.27	0.83	0.45	0.59	0.43	0.68		0.53	0.78	0.82	0.78	0.3	-0.51	-0.58	-0.25	0.78	0.59	0.42	0.5	0.74
Total Current Assets	0.75	-0.03	0.66	0.74	0.98	0.69	0.37	0.47	0.98	0.39	0.83	0.72	0.53		0.71	0.39	0.69	0.58	-0.12	-0.39	-0.01	0.85	0.71	0.72	0.86	0.79
Short Long Term Debt Total	0.78	-0.33	0.89	0.98	0.6	0.78	0.42	0.71	0.6	0.36	0.56	0.89	0.78	0.71		0.66	0.93	0.37	-0.44	-0.47	-0.24	0.93	0.79	0.46	0.55	0.98
Other Current Liab	0.34	-0.59	0.64	0.61	0.29	0.37	0.11	0.8	0.29	0.51	0.24	0.65	0.82	0.39	0.66		0.62	0.13	-0.86	-0.65	-0.39	0.69	0.52	0.19	0.3	0.62
Total Current Liabilities	0.85	-0.16	0.85	0.95	0.61	0.77	0.36	0.64	0.61	0.42	0.65	0.92	0.78	0.69	0.93	0.62		0.57	-0.29	-0.31	-0.03	0.9	0.73	0.59	0.65	0.91
Other Liab	0.8	0.55	0.51	0.49	0.58	0.63	0.17	0.14	0.58	0.1	0.87	0.66	0.3	0.58	0.37	0.13	0.57		0.26	0.31	0.66	0.53	0.58	0.9	0.84	0.44
Current Deferred Revenue	0.02	0.7	-0.47	-0.35	0.0	-0.1	0.03	-0.63	0.0	-0.37	0.13	-0.37	-0.51	-0.12	-0.44	-0.86	-0.29	0.26		0.63	0.62	-0.4	-0.36	0.22	0.1	-0.38
Retained Earnings	0.04	0.9	-0.32	-0.35	-0.35	-0.03	-0.01	-0.7	-0.35	-0.43	0.02	-0.19	-0.58	-0.39	-0.47	-0.65	-0.31	0.31	0.63		0.64	-0.52	-0.22	0.1	-0.06	-0.44
Accounts Payable	0.3	0.72	-0.05	-0.11	0.06	0.17	-0.04	-0.35	0.06	-0.43	0.41	0.06	-0.25	-0.01	-0.24	-0.39	-0.03	0.66	0.62	0.64		-0.08	-0.04	0.57	0.34	-0.15
Long Term Debt	0.81	-0.28	0.91	0.93	0.78	0.73	0.26	0.77	0.78	0.38	0.73	0.9	0.78	0.85	0.93	0.69	0.9	0.53	-0.4	-0.52	-0.08		0.83	0.65	0.73	0.93
Net Receivables	0.77	-0.04	0.92	0.82	0.61	0.65	0.1	0.67	0.61	0.33	0.69	0.82	0.59	0.71	0.79	0.52	0.73	0.58	-0.36	-0.22	-0.04	0.83		0.59	0.66	0.78
Good Will	0.86	0.45	0.53	0.58	0.73	0.7	0.28	0.26	0.73	0.04	0.97	0.69	0.42	0.72	0.46	0.19	0.59	0.9	0.22	0.1	0.57	0.65	0.59		0.95	0.55
Common Stock Total Equity	0.86	0.32	0.58	0.64	0.86	0.71	0.3	0.36	0.86	0.25	0.98	0.73	0.5	0.86	0.55	0.3	0.65	0.84	0.1	-0.06	0.34	0.73	0.66	0.95		0.63
Non Current Liabilities Total	0.81	-0.25	0.86	0.98	0.67	0.87	0.54	0.62	0.67	0.32	0.65	0.9	0.74	0.79	0.98	0.62	0.91	0.44	-0.38	-0.44	-0.15	0.93	0.78	0.55	0.63

Click cells to compare fundamentals

Cinemark Holdings Account Relationship Matchups

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	2.5B
Other Current Liab	13.4M	200.9M	350.8M	326.6M	369.1M	387.6M
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	34.4M	36.2M	50.7M	50.5M	53.0M
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	245.2M	234.3M	246.0M
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)

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.

Moving together with Cinemark Stock

0.89

DIS

Walt Disney Earnings Call Next Week

Pair Corr

Moving against Cinemark Stock

0.81	GDEVW	Nexters Warrant	Pair Corr
0.8	EMWPF	Eros Media World	Pair Corr
0.73	TU	Telus Corp Financial Report 2nd of May 2024	Pair Corr
0.69	DLPN	Dolphin Entertainment	Pair Corr
0.64	Z	Zillow Group Class Earnings Call This Week	Pair Corr

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 Correlation Correlation 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:

How To Invest In Cinemark

Details

Is Cinemark Stock a good investment?

Details

What is Cinemark Holdings' Net Worth?

Details

Largest Movies & Entertainment Companies

View

Largest Media & Entertainment Companies

View

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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Cinemark Stock analysis

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.

	Fundamental Analysis View fundamental data based on most recent published financial statements
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Cinemark Net Working Capital vs Accumulated Depreciation Analysis

Net Working Capital vs Accumulated Depreciation

Net Working Capital vs Accumulated Depreciation Correlation Analysis

Correlation Coefficient

Net Working Capital

Accumulated Depreciation

Cinemark Holdings fundamental ratios Correlations

Cinemark Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cinemark Holdings fundamental ratios Accounts

Pair Trading with Cinemark Holdings

Moving together with Cinemark Stock

Moving against Cinemark Stock

Complementary Tools for Cinemark Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.98	Net Debt
Non Current Liabilities Total	+ 0.98	Net Debt
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments
Common Stock Total Equity	+ 0.98	Other Stockholder Equity

Current Deferred Revenue	- 0.86	Other Current Liab
Retained Earnings	- 0.7	Other Assets
Retained Earnings	- 0.65	Other Current Liab
Current Deferred Revenue	- 0.63	Other Assets
Other Assets	- 0.61	Total Stockholder Equity
Other Current Liab	- 0.59	Total Stockholder Equity