Six Flags Entertainment Balance Sheet Health
Financial Health criteria checks 0/6
Six Flags Entertainment has a total shareholder equity of $-377.0M and total debt of $2.4B, which brings its debt-to-equity ratio to -629.5%. Its total assets and total liabilities are $2.7B and $3.1B respectively. Six Flags Entertainment's EBIT is $343.2M making its interest coverage ratio 2.2. It has cash and short-term investments of $80.7M.
Key information
-629.5%
Debt to equity ratio
US$2.37b
Debt
Interest coverage ratio | 2.2x |
Cash | US$80.74m |
Equity | -US$376.96m |
Total liabilities | US$3.09b |
Total assets | US$2.71b |
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 (10.9%).
Interest Coverage: 6FE's interest payments on its debt are not well covered by EBIT (2.2x coverage).