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
Recent updates
Six Flags Entertainment: Positive Outlook After Q3 Hurricane Disruptions
Dec 04Six Flags Entertainment: Merger Should Aid Legacy Six Flags' Weakness
Aug 22Six Flags And Cedar Fair: 2024 Sets Up For A Major Re-Rating
Dec 30Six Flags And Cedar Fair Decide To Ride Together
Nov 03Cedar Fair: Spectating The Debt Rollercoaster
Sep 01Cedar Fair: Pain Is Transitory And Shares Look Cheap
Jun 16Cedar Fair Q4 2022 Earnings Preview
Feb 15Cedar Fair: Still A FUN Way To Make Money
Dec 31Cedar Fair Q3 2022 Earnings Preview
Nov 01Cedar Fair: Upside Is Still Warranted
Oct 09Cedar Fair hits record revenue through Labor Day
Sep 08Cedar Fair goes ex-dividend today
Aug 30Cedar Fair Q2 2022 Earnings Preview
Aug 02Cedar Fair: Recession And Inflation Do Not Worry Me One Bit
Jul 17Cedar Fair: A Strong Recovery Warrants Upside
Jun 14Cedar Fair: Plenty Of Mustard Left On This Corndog
Apr 02Cedar Fair: An Attractive Turnaround Play
Dec 14Financial Position Analysis
Short Term Liabilities: FUN's short term assets ($457.0M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: FUN's short term assets ($457.0M) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: FUN's net debt to equity ratio (162.6%) is considered high.
Reducing Debt: FUN's debt to equity ratio has reduced from 5113.1% to 165.7% over the past 5 years.
Debt Coverage: FUN's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: FUN's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 08:34 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Six Flags Entertainment Corporation is covered by 25 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Wold | B. Riley Securities, Inc. |
| Zachary Warring | CFRA Equity Research |
| James Hardiman | Citigroup Inc |