AMC Entertainment Holdings, Inc. (AMC) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
ONE AMC WAY LEAWOOD, KS 66211 |
| State of Incorp. | DE |
| 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 millions)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 632 | 1,593 | 308 | 265 | 313 | 310 | |||
| Cash and cash equivalents | 632 | 1,593 | 308 | 265 | 313 | 310 | |||
| Receivables | 167 | 169 | 91 | 254 | 260 | 272 | |||
| Inventory, net of allowances, customer advances and progress billings | 36 | 31 | 21 | 38 | 35 | 34 | |||
| Inventory | 36 | 31 | 21 | 38 | 35 | 34 | |||
| Other current assets | 81 | 82 | 75 | 143 | 198 | 203 | |||
| Other undisclosed current assets | (14) | (4) | (8) | (27) | (25) | 54 | |||
| Total current assets: | 902 | 1,870 | 487 | 673 | 781 | 872 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 39 | 49 | 62 | ✕ | ✕ | ||||
| Operating lease, right-of-use asset | 3,803 | 4,156 | 4,452 | 4,796 | ✕ | ✕ | |||
| Property, plant and equipment | 1,680 | 1,914 | 2,260 | 2,649 | 3,040 | 3,117 | |||
| Intangible assets, net (including goodwill) | 2,489 | 2,583 | 2,711 | 4,984 | 5,141 | 5,312 | |||
| Goodwill | 2,342 | 2,430 | 2,547 | 4,789 | 4,789 | 4,932 | |||
| Intangible assets, net (excluding goodwill) | 147 | 153 | 163 | 195 | 352 | 381 | |||
| Deferred income tax assets | 1 | 0 | 70 | ✕ | ✕ | ||||
| Other noncurrent assets | 222 | 249 | 305 | 503 | 506 | 476 | |||
| Other undisclosed noncurrent assets | 29 | 29 | |||||||
| Total noncurrent assets: | 8,234 | 8,951 | 9,789 | 13,003 | 8,715 | 8,934 | |||
| TOTAL ASSETS: | 9,136 | 10,822 | 10,276 | 13,676 | 9,496 | 9,806 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 912 | 745 | 557 | 868 | 831 | 921 | |||
| Accounts payable | 331 | 377 | 299 | 543 | 453 | 570 | |||
| Accrued liabilities | 582 | 368 | 258 | 325 | 379 | 351 | |||
| Debt | 26 | 30 | 33 | 616 | 15 | 15 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 401 | ||
| Other liabilities | 85 | ||||||||
| Other undisclosed current liabilities | 668 | 1,014 | 989 | 449 | 482 | 73 | |||
| Total current liabilities: | 1,690 | 1,788 | 1,579 | 1,933 | 1,328 | 1,409 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5,174 | 10,116 | 10,737 | 9,737 | 4,708 | 4,220 | |||
| Long-term debt, excluding current maturities | 5,121 | 5,408 | 5,696 | 4,733 | 4,708 | 4,220 | |||
| Finance lease, liability | 53 | 63 | 83 | 90 | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 4,420 | 196 | 282 | 242 | 963 | 904 | |||
| Deferred income tax liabilities | 32 | 31 | 41 | 46 | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 30 | ||||||||
| Estimated litigation liability | |||||||||
| Other liabilities | 105 | 165 | 241 | 196 | 963 | 904 | |||
| Operating lease, liability | 4,253 | 4,645 | 4,958 | 4,914 | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 476 | 510 | 538 | 550 | 1,099 | 1,159 | |||
| Total noncurrent liabilities: | 10,070 | 10,823 | 11,556 | 10,528 | 6,770 | 6,283 | |||
| Total liabilities: | 11,760 | 12,611 | 13,135 | 12,462 | 8,098 | 7,693 | |||
| Temporary equity, carrying amount | 0 | 1 | |||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,625) | (1,790) | (2,885) | 1,214 | 1,398 | 2,112 | |||
| Preferred stock | 0 | ||||||||
| Common stock | 5 | ||||||||
| Treasury stock, value | (56) | (56) | (56) | (48) | |||||
| Additional paid in capital | 5,045 | 4,858 | 2,466 | 2,002 | 1,998 | 2,242 | |||
| Accumulated other comprehensive income (loss) | (77) | (28) | 39 | (26) | 6 | 126 | |||
| Accumulated deficit | (7,598) | (6,624) | (5,335) | (706) | (551) | (208) | |||
| Other undisclosed equity, attributable to parent | 5 | 2 | 1 | 1 | 1 | ||||
| Equity, attributable to noncontrolling interest | 27 | ||||||||
| Total equity: | (2,625) | (1,790) | (2,858) | 1,214 | 1,398 | 2,112 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,136 | 10,822 | 10,276 | 13,676 | 9,496 | 9,806 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,911 | 2,528 | 1,242 | 5,471 | 5,461 | 5,079 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 5,079 | |
| Cost of revenue | (4,426) | (3,458) | (5,355) | (5,320) | (5,172) | (4,957) | ||
| Gross profit: | (514) | (930) | (4,112) | 151 | 289 | 122 | ||
| Operating expenses | (8) | (0) | 9 | (15) | (24) | (21) | ||
| Operating income (loss): | (522) | (930) | (4,103) | 136 | 265 | 102 | ||
| Nonoperating income (expense) | (69) | 97 | (39) | 3 | 114 | 24 | ||
| Investment income, nonoperating | (15) | 9 | (10) | 16 | 6 | 23 | ||
| Other nonoperating income (expense) | (54) | 88 | (29) | (13) | 108 | 2 | ||
| Interest and debt expense | (379) | (458) | (357) | (341) | (342) | (274) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (970) | (1,291) | (4,499) | (202) | 37 | (148) | ||
| Income (loss) from equity method investments | (2) | 11 | (31) | 31 | 87 | (185) | ||
| Income (loss) from continuing operations before income taxes: | (971) | (1,280) | (4,530) | (172) | 124 | (333) | ||
| Income tax expense (benefit) | (3) | 10 | (60) | 23 | (14) | (154) | ||
| Income (loss) from continuing operations: | (974) | (1,270) | (4,589) | (149) | 110 | (487) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (1,270) | (4,589) | (149) | 110 | (487) | ||
| Net income (loss): | (974) | (1,270) | (4,589) | (149) | 110 | (487) | ||
| Net income attributable to noncontrolling interest | 1 | 0 | ||||||
| Net income (loss) available to common stockholders, basic: | (974) | (1,269) | (4,589) | (149) | 110 | (487) | ||
| Interest on convertible debt | 10 | |||||||
| Net income (loss) available to common stockholders, diluted: | (974) | (1,269) | (4,589) | (149) | 120 | (487) | ||
Comprehensive Income ($ in millions)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (974) | (1,270) | (4,589) | (149) | 110 | (487) | ||
| Other undisclosed comprehensive income (loss) | (49) | (67) | 65 | |||||
| Comprehensive income (loss): | (1,023) | (1,337) | (4,525) | (149) | 110 | (487) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | 0 | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (32) | (125) | 128 | |||||
| Comprehensive loss, net of tax, attributable to parent: | (1,023) | (1,336) | (4,525) | (181) | (14) | (359) | ||
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.