What is cineplex credit rating?
Cineplex Inc. Assigned 'B+' Issuer Credit Rating, | S&P Global Ratings.
What is Cineplex Fitch rating?
First-Time 'B' IDR; Outlook Stable. Fitch Ratings - New York - 14 Feb 2024: Fitch Ratings has assigned Cineplex, Inc. a first-time Long-Term Issuer Default Rating (IDR) of 'B' and Stable Rating Outlook.
Does Cineplex exist in USA?
Proudly recognized as having one of the country's Most Admired Corporate Cultures, Cineplex employs over 10,000 people in its offices and venues across Canada and the United States. To learn more, visit Cineplex.com.
Is Cineplex a public company?
Cineplex is a publicly traded company with a diversified business portfolio, well positioned for continued growth across North America. We offer the most up-to-date information for current and potential investors to make informed financial decisions.
What is 14A rating Cineplex?
14A. Suitable for persons 14 years of age or older. Persons under 14 must be accompanied by an adult.
What is the highest Fitch rating?
Fitch Ratings' long-term credit ratings are assigned on an alphabetic scale from 'AAA' to 'D', first introduced in 1924 and later adopted and licensed by S&P. Like S&P, Fitch also uses intermediate +/− modifiers for each category between AA and CCC (e.g., AA+, AA, AA−, A+, A, A−, BBB+, BBB, BBB−, etc.).
Who owns Cineplex?
On December 16, 2019, Cineplex announced a definitive agreement to be acquired by the British cinema operator Cineworld Group, the second-largest film exhibitor worldwide, pending shareholder and regulatory approval.
Is Cineplex making money?
Strong year-over-year revenue growth of 25.9%, raising revenues to $1.4 billion. Adjusted EBITDAaL increased 190.3% to $157.4 million as compared to $54.2 million in the prior year.
Why is Cineplex successful?
Through diversification of its services, strategic theatre placements, and a successful history of acquisitions, Cineplex now holds approximately 75 percent market share in Canada – recording $764 million in revenue through the first two quarters of 2023.
Why is Cineplex stock low?
Cineplex Inc is a company facing challenges due to the pandemic, with a failed acquisition deal and high debt levels. However, experts believe that movies are not going away and there is potential for recovery. The stock has high risk and uncertainty, but also some opportunities for growth and a possible takeover.
Should I buy Cineplex stock?
CGX Stock Forecast FAQ
Based on analyst ratings, Cineplex's 12-month average price target is C$12.56. Cineplex has 64.00% upside potential, based on the analysts' average price target. Cineplex has a conensus rating of Strong Buy which is based on 4 buy ratings, 1 hold ratings and 0 sell ratings.
Who invented Cineplex?
1912–1979: Predecessors
In 1923, Famous Players bought out rival Allen Theatres, acquiring many buildings in the process. In 1979, Garth Drabinsky and Nat Taylor opened its first "Cineplex" theatre complex, Toronto Eaton Centre.
What is worse PG-13 or Rated R?
A G rating would mean there's no content that parents would be concerned about, a PG rating means there's some content that parents may want to know about, a PG-13 rating indicates there's even more content that families may not find appropriate and R means the film has adult content (same with NC-17).
What does PG stand for Cineplex?
Canadian ratings except Quebec
G – General – Suitable for all ages. PG – Parental Guidance – Parental guidance advised. There is no age restriction but some material may not be suitable for all children. 14A – 14 Accompaniment – Persons under 14 years of age must be accompanied by an adult.
What does R stand for in movies?
Restricted: R - Under 17 requires accompanying parent or adult guardian. Contains some adult material. Parents are urged to learn more about the film before taking their young children with them.
What companies have a AAA credit rating?
Just two companies in the S&P 500, Johnson & Johnson (JNJ) and Microsoft (MSFT), maintain their pristine AAA credit ratings from S&P, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.
What is AAA credit rating?
AAA(bra) 'AAA' National Ratings denote the highest rating assigned by the agency in its National Rating scale for that country. This rating is assigned to issuers or obligations with the lowest expectation of default risk relative to all other issuers or obligations in the same country or monetary union.
Is BBB+ a good credit rating?
In S&P Global Ratings long-term rating scale, issuers and debt issues that receive a rating of 'BBB-' or above are generally considered by regulators and market participants to be “investment-grade,” while those that receive a rating lower than 'BBB-' are generally considered to be “speculative-grade.”
Is Cineplex in debt?
Assigned 'B+' Issuer Credit Rating, Outlook Stable; First-Lien Debt Rated 'BB-' (Recovery Rating: '2') Toronto-based movie exhibitor Cineplex Inc. is refinancing its capital structure with a C$100 million revolving credit facility (RCF) and $550 million of new five-year senior secured notes.
How much debt is Cineplex in?
| Dec 2023 | |
|---|---|
| Total Debt | 1.90 B |
| Total Liabilities | 2.31 B |
| Total Shareholder's Equity | -39.43 M |
| Book Value Per Share | -0.62 |
Who are Cineplex competitors?
Cineplex's competitors and similar companies include AMC Entertainment, Travelzoo, Six Flags and Continuum Attractions.
Is Cineplex doing well?
Cineplex's box office results up big
This seriously hit content and box office numbers alike. Today, however, is a new world, and March 2024 box office numbers reflect this. Box office revenue increased 46% to $59.2 million, 95% of 2019's pre-pandemic levels and 146% of 2023's levels.
Is Cineplex a good job?
Cineplex has an employee rating of 3.5 out of 5 stars, based on 61 company reviews on Glassdoor which indicates that most employees have a good working experience there.
Is Cineplex being sold?
Cineplex, run by Ellis Jacob, agreed to be acquired by Regal owner Cineworld Group Plc in 2019, just before the global pandemic shut down theaters.
How many employees does Cineplex have?
Proudly recognized as having one of the country's Most Admired Corporate Cultures, Cineplex employs approximately 13,000 people in its offices across Canada and the United States.
