This company has been acquired
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
Investor Optimism Abounds Six Flags Entertainment Corporation (NYSE:SIX) But Growth Is Lacking
Jun 26
Six Flags Entertainment: Neutral View On The Industry As Macro Conditions Are Not Positive
Jun 21Six Flags And Cedar Fair: Synergies Provide Great Upside
Apr 10With Six Flags Entertainment Corporation (NYSE:SIX) It Looks Like You'll Get What You Pay For
Feb 23Six Flags And Cedar Fair Merges: Buying The Winner
Dec 20An Intrinsic Calculation For Six Flags Entertainment Corporation (NYSE:SIX) Suggests It's 50% Undervalued
Oct 31Six Flags Entertainment (NYSE:SIX) May Have Issues Allocating Its Capital
Oct 05Six Flags Entertainment: Get Ready For Things To Get Worse Before It Gets Better
Sep 20Six Flags Entertainment: Not Enough To Get The Pulse Racing
Sep 06Six Flags Entertainment: Recommend Hold Rating Until We Can Further Verify Turnaround
Jul 22Are Investors Undervaluing Six Flags Entertainment Corporation (NYSE:SIX) By 24%?
Jul 10Six Flags Entertainment's (NYSE:SIX) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 13Six Flags Entertainment (NYSE:SIX) Could Be Struggling To Allocate Capital
Mar 10Is Six Flags Entertainment Corporation (NYSE:SIX) Trading At A 38% Discount?
Feb 16Six Flags Q3 2022 Earnings Preview
Nov 09Six Flags: A Stock To Avoid
Sep 08Six Flags Entertainment Corporation (NYSE:SIX) Analysts Are More Bearish Than They Used To Be
Aug 17Six Flags GAAP EPS of $0.53 misses by $0.48, revenue of $435M misses by $83.5M
Aug 11The Return Trends At Six Flags Entertainment (NYSE:SIX) Look Promising
Jul 13Six Flags: Riding The Roller Coaster
Jun 29Six Flags Entertainment: Attractive Prospect That Can Add A Little Fun To Your Portfolio
Jun 11Financial Position Analysis
Short Term Liabilities: SIX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SIX 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: SIX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SIX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SIX's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: SIX's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/03 16:44 |
| End of Day Share Price | 2024/07/02 00:00 |
| Earnings | 2024/03/31 |
| 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 |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Six Flags Entertainment Corporation is covered by 24 analysts. 7 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 |
|---|---|
| Brennan Matthews | Berenberg |
| Siye Desta | CFRA Equity Research |
| James Hardiman | Citigroup Inc |