Six Flags Entertainment Balance Sheet Health
Financial Health criteria checks 0/6
Six Flags Entertainment has a total shareholder equity of $-730.9M and total debt of $2.4B, which brings its debt-to-equity ratio to -333.3%. Its total assets and total liabilities are $2.3B and $3.0B respectively. Six Flags Entertainment's EBIT is $352.3M making its interest coverage ratio 2.4. It has cash and short-term investments of $35.4M.
Key information
-333.3%
Debt to equity ratio
US$2.44b
Debt
Interest coverage ratio | 2.4x |
Cash | US$35.42m |
Equity | -US$730.92m |
Total liabilities | US$3.00b |
Total assets | US$2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6FE0 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 6FE0 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: 6FE0 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 6FE0's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 6FE0's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: 6FE0's interest payments on its debt are not well covered by EBIT (2.4x coverage).