Cinedigm Corp
Find Ratings ReportsCINEDIGM CORP's gross profit margin for the second quarter of its fiscal year 2020 has significantly decreased when compared to the same period a year ago. Sales and net income fell significantly; although net income growth outperformed the average competitor in its subsector, revenue growth did not. CINEDIGM CORP has very weak liquidity. Currently, the Quick Ratio is 0.48 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
At the same time, stockholders' equity ("net worth") has greatly increased by 95.44% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q2 FY20 | Q2 FY19 |
---|---|---|
Net Sales ($mil) | 7.18 | 10.24 |
EBITDA ($mil) | -3.12 | 1.11 |
EBIT ($mil) | -5.06 | -1.09 |
Net Income ($mil) | -26.54 | -3.1 |
Balance Sheet | Q2 FY20 | Q2 FY19 |
---|---|---|
Cash & Equiv. ($mil) | 16.5 | 13.67 |
Total Assets ($mil) | 86.8 | 92.48 |
Total Debt ($mil) | 30.71 | 51.68 |
Equity ($mil) | -1.68 | -36.86 |
Profitability | Q2 FY20 | Q2 FY19 |
---|---|---|
Gross Profit Margin | 39.71 | 60.09 |
EBITDA Margin | -43.48 | 10.83 |
Operating Margin | -70.44 | -10.67 |
Sales Turnover | 0.37 | 0.51 |
Return on Assets | -61.06 | -19.04 |
Return on Equity | 0.0 | 0.0 |
Debt | Q2 FY20 | Q2 FY19 |
---|---|---|
Current Ratio | 0.59 | 0.54 |
Debt/Capital | 1.06 | 3.49 |
Interest Expense | 1.19 | 1.81 |
Interest Coverage | -4.24 | -0.6 |
Share Data | Q2 FY20 | Q2 FY19 |
---|---|---|
Shares outstanding (mil) | 121.73 | 39.69 |
Div / share | 0.0 | 0.0 |
EPS | -0.23 | -0.08 |
Book value / share | -0.01 | -0.93 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1.0624637E7 | 3564783.0 |
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. Along with this, the price-to-book ratio is also meaningless due to a negative book value for the company, making any comparisons useless. The price-to-sales ratio is below the S&P 500 average and is well below the subsector average, indicating a discount.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIDM NM | Peers 59.56 | CIDM NM | Peers 132.01 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. CIDM's P/E is negative making this valuation measure meaningless. |
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. CIDM's P/CF is negative making the measure meaningless. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
CIDM NM | Peers 71.07 | CIDM NA | Peers 1.08 | |||||||||||||||||||||
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings. CIDM's ratio is negative making this valuation measure meaningless. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
CIDM NM | Peers 20.59 | CIDM -23.91 | Peers -1101.51 | |||||||||||||||||||||
Neutral. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. CIDM's P/B is negative making this valuation measure meaningless. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. CIDM is expected to have an earnings growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
CIDM 2.66 | Peers 10.05 | CIDM -30.61 | Peers 19.75 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. CIDM is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. CIDM significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||