AMC Entertainment Holdings Inc.’s debt-to-equity and late payments could be financial warning signs, according to credit-monitoring and risk-management company Creditsafe.
Citing AMC’s AMC second-quarter earnings report in August, Creditsafe says the movie-theater chain and meme-stock darling has a total shareholder equity of negative-$2.6 billion and a total debt of $4.8 billion. This brings AMC’s debt-to-equity ratio to -186.5%, Creditsafe told MarketWatch. “If you have a high negative debt-to-equity, that’s typically considered…
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