Six Flags Entertainment Balance Sheet Health
Financial Health criteria checks 1/6
Six Flags Entertainment has a total shareholder equity of $2.9B and total debt of $4.8B, which brings its debt-to-equity ratio to 165.7%. Its total assets and total liabilities are $9.4B and $6.5B respectively. Six Flags Entertainment's EBIT is $459.3M making its interest coverage ratio 2.4. It has cash and short-term investments of $90.0M.
Key information
165.7%
Debt to equity ratio
US$4.78b
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$90.01m |
| Equity | US$2.89b |
| Total liabilities | US$6.48b |
| Total assets | US$9.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6FE0's short term assets ($457.0M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: 6FE0's short term assets ($457.0M) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: 6FE0's net debt to equity ratio (162.6%) is considered high.
Reducing Debt: 6FE0's debt to equity ratio has reduced from 5113.1% to 165.7% over the past 5 years.
Debt Coverage: 6FE0's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 6FE0's interest payments on its debt are not well covered by EBIT (2.4x coverage).