CINEMARK USA INC /TX Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3900 DALLAS PARKWAY PLANO, TX 75093 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| Industry (SIC) | 783 - Motion Picture Theaters (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 442,677 | 260,538 | 488,215 | 426,216 | 522,415 | 561,138 | |||
| Cash and cash equivalent | 442,677 | 260,538 | 488,215 | 426,216 | 522,415 | 561,138 | |||
| Receivables | 162,117 | 220,964 | 112,123 | 117,894 | 115,559 | 92,440 | |||
| Inventory, net of allowances, customer advances and progress billings | 15,451 | 12,593 | 21,686 | 19,319 | 17,507 | 16,961 | |||
| Inventory | 15,451 | 12,593 | 21,686 | 19,319 | 17,507 | 16,961 | |||
| Contract with customer, asset, after allowance for credit loss | 23,453 | 6,232 | ✕ | ✕ | |||||
| Other current assets | 146,677 | 132,797 | 135,021 | 115,075 | |||||
| Other undisclosed current assets | 12,756 | 28,168 | (109,490) | (117,683) | (118,485) | (99,321) | |||
| Total current assets: | 656,454 | 528,495 | 659,211 | 578,543 | 672,017 | 686,293 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 80,513 | 99,195 | 116,135 | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 1,230,790 | 1,278,191 | 1,383,080 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 1,382,846 | 1,615,062 | 1,735,247 | 1,833,133 | 1,828,054 | 1,704,536 | |||
| Long-term investments and receivables | 25,205 | 23,726 | 155,285 | 156,766 | 120,045 | 98,317 | |||
| Long-term investments | 25,205 | 23,726 | 155,285 | 156,766 | 120,045 | 98,317 | |||
| Intangible assets, net (including goodwill) | 1,559,634 | 1,568,035 | 1,605,140 | 1,607,234 | 1,620,840 | 1,597,862 | |||
| Goodwill | 1,248,791 | 1,253,840 | 1,283,371 | 1,276,324 | 1,284,079 | 1,262,963 | |||
| Intangible assets, net (excluding goodwill) | 310,843 | 314,195 | 321,769 | 330,910 | 336,761 | 334,899 | |||
| Other noncurrent assets | 22,259 | 33,199 | 39,114 | 41,055 | 39,767 | 37,555 | |||
| Other undisclosed noncurrent assets | 54,931 | 52,767 | 159,026 | 284,620 | 204,617 | 192,046 | |||
| Total noncurrent assets: | 4,356,178 | 4,670,175 | 5,193,027 | 3,922,808 | 3,813,323 | 3,630,316 | |||
| TOTAL ASSETS: | 5,012,632 | 5,198,670 | 5,852,238 | 4,501,351 | 4,485,340 | 4,316,609 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 363,630 | 321,670 | 306,216 | 439,004 | 435,676 | 415,992 | |||
| Interest and dividends payable | 33,214 | ||||||||
| Taxes payable | 30,061 | 41,218 | 39,532 | 43,333 | 36,862 | 38,114 | |||
| Accounts payable | 75,989 | 70,635 | 91,587 | 104,615 | 109,984 | 110,150 | |||
| Accrued liabilities | 224,366 | 209,817 | 175,097 | 148,229 | 119,870 | 111,232 | |||
| Other undisclosed accounts payable and accrued liabilities | 142,827 | 168,960 | 156,496 | ||||||
| Debt | 38,859 | 34,463 | 239,433 | 35,049 | 32,610 | 26,810 | |||
| Liability for uncertainty in income taxes | 13,446 | 573 | 11,873 | 10,085 | |||||
| Other undisclosed current liabilities | 358,109 | 242,649 | 149,076 | (573) | (11,873) | (10,085) | |||
| Total current liabilities: | 760,598 | 598,782 | 708,171 | 474,053 | 468,286 | 442,802 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,209,523 | 3,287,707 | 3,135,821 | 2,005,094 | 2,031,532 | 2,016,722 | |||
| Long-term debt, excluding current maturities | 2,028,692 | 2,024,956 | 1,771,342 | 1,772,627 | 1,780,381 | 1,782,441 | |||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | 232,467 | 251,151 | 234,281 | ||
| Finance lease, liability | 102,571 | 124,609 | 141,017 | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 141,639 | 182,932 | 43,849 | 257,672 | 212,321 | 229,077 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 40,929 | 42,378 | ||
| Deferred rent credit | 39,235 | ✕ | ✕ | ||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 155,626 | 121,787 | 135,014 | ||
| Deferred income tax liabilities | 57,768 | 89,961 | ✕ | ✕ | ✕ | ||||
| Liability for uncertainty in income taxes | 45,942 | 19,225 | 848 | 13,380 | 8,358 | 8,105 | |||
| Other liabilities | 37,929 | 73,746 | 43,001 | 49,431 | 41,247 | 43,580 | |||
| Operating lease, liability | 1,078,260 | 1,138,142 | 1,223,462 | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 346,026 | 344,255 | 490,190 | 287,349 | 351,706 | 343,928 | |||
| Total noncurrent liabilities: | 3,697,188 | 3,814,894 | 3,669,860 | 2,550,115 | 2,595,559 | 2,589,727 | |||
| Total liabilities: | 4,457,786 | 4,413,676 | 4,378,031 | 3,024,168 | 3,063,845 | 3,032,529 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 543,282 | 773,998 | 1,461,699 | 1,464,804 | 1,409,602 | 1,272,938 | |||
| Common stock | 49,543 | 49,543 | 49,543 | 49,543 | |||||
| Treasury stock, value | (24,233) | (24,233) | (24,233) | (24,233) | (24,233) | ||||
| Additional paid in capital | 1,458,973 | 1,310,625 | 1,291,618 | 1,277,921 | 1,264,505 | 1,252,715 | |||
| Accumulated other comprehensive loss | (397,051) | (398,653) | (340,112) | (319,007) | (253,282) | (247,013) | |||
| Retained earnings (accumulated deficit) | (543,950) | (163,284) | 484,883 | 480,580 | 373,069 | 241,926 | |||
| Other undisclosed equity, attributable to parent | 25,310 | 49,543 | |||||||
| Equity, attributable to noncontrolling interest | 11,564 | 10,996 | 12,508 | 12,379 | 11,893 | 11,142 | |||
| Total equity: | 554,846 | 784,994 | 1,474,207 | 1,477,183 | 1,421,495 | 1,284,080 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,012,632 | 5,198,670 | 5,852,238 | 4,501,351 | 4,485,340 | 4,316,609 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,510,464 | 686,310 | 3,283,099 | 3,221,735 | 2,991,547 | 2,918,765 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 2,991,547 | 2,918,765 | |
| Cost of revenue | (1,300,830) | (921,939) | (2,229,585) | (2,139,997) | (2,067,879) | (1,986,195) | ||
| Gross profit: | 209,634 | (235,629) | 1,053,514 | 1,081,738 | 923,668 | 932,570 | ||
| Operating expenses | (459,520) | (517,109) | (712,571) | (690,854) | (529,019) | (506,917) | ||
| Operating income (loss): | (249,886) | (752,738) | 340,943 | 390,884 | 394,649 | 425,653 | ||
| Nonoperating expense | (162,492) | (158,186) | (64,646) | (77,639) | (46,911) | (62,289) | ||
| Investment income, nonoperating | 6,316 | 4,780 | 12,570 | 10,592 | 6,243 | 6,396 | ||
| Gain (loss), foreign currency transaction, before tax | (1,271) | (4,865) | (3,394) | (11,660) | 893 | 6,455 | ||
| Other nonoperating income | 12,851 | |||||||
| Interest and debt expense | (6,527) | (115,651) | (99,941) | (109,994) | (105,918) | (108,313) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (418,905) | (1,026,575) | 176,356 | 203,251 | 241,820 | 255,051 | ||
| Other undisclosed income from continuing operations before income taxes | 6,527 | 115,651 | 99,941 | 109,994 | 105,918 | 108,313 | ||
| Income (loss) from continuing operations before income taxes: | (412,378) | (910,924) | 276,297 | 313,245 | 347,738 | 363,364 | ||
| Income tax expense (benefit) | 32,280 | 303,637 | (80,520) | (96,032) | (80,256) | (104,851) | ||
| Income (loss) from continuing operations: | (380,098) | (607,287) | 195,777 | 217,213 | 267,482 | 258,513 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (380,098) | (607,287) | 195,777 | 217,213 | 267,482 | 258,513 | |
| Net income (loss): | (380,098) | (607,287) | 195,777 | 217,213 | 267,482 | 258,513 | ||
| Net income (loss) attributable to noncontrolling interest | (568) | 1,120 | (2,462) | (1,478) | (1,839) | (1,736) | ||
| Net income (loss) available to common stockholders, diluted: | (380,666) | (606,167) | 193,315 | 215,735 | 265,643 | 256,777 | ||
Comprehensive Income ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (380,098) | (607,287) | 195,777 | 217,213 | 267,482 | 258,513 | ||
| Other comprehensive income (loss) | (2,893) | (61,912) | (21,105) | (66,243) | (4,718) | 26,717 | ||
| Comprehensive income (loss): | (382,991) | (669,199) | 174,672 | 150,970 | 262,764 | 285,230 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (568) | 1,120 | (2,462) | (1,478) | (1,839) | (1,769) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (383,559) | (668,079) | 172,210 | 149,492 | 260,925 | 283,461 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.