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Six Flags Entertainment Balance Sheet Health
Financial Health criteria checks 0/6
Six Flags Entertainment has a total shareholder equity of $-457.4M and total debt of $2.4B, which brings its debt-to-equity ratio to -530%. Its total assets and total liabilities are $2.7B and $3.2B respectively. Six Flags Entertainment's EBIT is $334.8M making its interest coverage ratio 2. It has cash and short-term investments of $64.1M.
Key information
-530.0%
Debt to equity ratio
US$2.42b
Debt
| Interest coverage ratio | 2x |
| Cash | US$64.10m |
| Equity | -US$457.36m |
| Total liabilities | US$3.20b |
| Total assets | US$2.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6FE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 6FE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 6FE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 6FE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 6FE's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 6FE's interest payments on its debt are not well covered by EBIT (2x coverage).