Cineworld Group (Cineworld Group) Interest Expense : $-803 Mil (TTM As of Jun. 2022)

View and export this data going back to 2010. Start your Free Trial

What is Cineworld Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cineworld Group's interest expense for the six months ended in Jun. 2022 was $ -404 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was $-803 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Cineworld Group's Operating Income for the six months ended in Jun. 2022 was $ 124 Mil. Cineworld Group's Interest Expense for the six months ended in Jun. 2022 was $ -404 Mil. Cineworld Group's Interest Coverage for the quarter that ended in Jun. 2022 was 0.31. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cineworld Group Interest Expense Historical Data

The historical data trend for Cineworld Group's Interest Expense 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.

Cineworld Group Interest Expense Chart

Cineworld Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

Get a 7-Day Free Trial

-9.80

-208.80

-522.80

-564.70

-768.30

Cineworld Group Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Interest Expense	Get a 7-Day Free Trial															-261.90	-302.80	-369.40	-398.90	-404.00

Cineworld Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-803 Mil.

Cineworld Group (OTCPK:CNWGQ) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cineworld Group's Interest Expense for the six months ended in Jun. 2022 was $-404 Mil. Its Operating Income for the six months ended in Jun. 2022 was $124 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2022 was $7,903 Mil.

Cineworld Group's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2022 )	/	Interest Expense (Q: Jun. 2022 )
	=	-1	*	123.6	/	-404
	=	0.31

The higher the ratio, the stronger the company's financial strength is.

Cineworld Group (Cineworld Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cineworld Group PLC (OTCPK:CNWGQ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Great West Road, 8th Floor, Vantage London, Brentford, GBR, TW8 9AG

Website

https://www.cineworldplc.com

Cineworld Group PLC is a diversified media company, which operates chains of movie theaters. Its business segments are the U.S., U.K., & Ireland and the rest of the world (ROW). Within each segment, it operates theaters through different brands. In the U.S., Cineworld owns cinema brands Regal, United Artists, and Edwards theaters. They operate out of Cineworld and Picturehouse in the U.K. and Ireland. Cineworld also owns Cinema City in Central and Eastern Europe and Yes Planet and Rav-Chen in Israel for its ROW segment. The company generates revenue through ticket sales and food, beverage, and merchandise sales. It also earns additional revenue through retail and screen advertising and property market and development. The company generates most of its revenue in the U.S.