Six Flags Entertainment Corporation

NYSE:SIX Stock Report

Market Cap: US$2.4b

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 ratio2x
CashUS$64.10m
Equity-US$457.36m
Total liabilitiesUS$3.20b
Total assetsUS$2.74b

Recent financial health updates

No updates

Recent updates

Six Flags And Cedar Fair: Synergies Provide Great Upside

Apr 10

With Six Flags Entertainment Corporation (NYSE:SIX) It Looks Like You'll Get What You Pay For

Feb 23
With Six Flags Entertainment Corporation (NYSE:SIX) It Looks Like You'll Get What You Pay For

Six Flags And Cedar Fair Merges: Buying The Winner

Dec 20

An Intrinsic Calculation For Six Flags Entertainment Corporation (NYSE:SIX) Suggests It's 50% Undervalued

Oct 31
An Intrinsic Calculation For Six Flags Entertainment Corporation (NYSE:SIX) Suggests It's 50% Undervalued

Six Flags Entertainment (NYSE:SIX) May Have Issues Allocating Its Capital

Oct 05
Six Flags Entertainment (NYSE:SIX) May Have Issues Allocating Its Capital

Six Flags Entertainment: Get Ready For Things To Get Worse Before It Gets Better

Sep 20

Six Flags Entertainment: Not Enough To Get The Pulse Racing

Sep 06

Six Flags Entertainment: Recommend Hold Rating Until We Can Further Verify Turnaround

Jul 22

Are Investors Undervaluing Six Flags Entertainment Corporation (NYSE:SIX) By 24%?

Jul 10
Are Investors Undervaluing Six Flags Entertainment Corporation (NYSE:SIX) By 24%?

Six Flags Entertainment's (NYSE:SIX) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jun 13
Six Flags Entertainment's (NYSE:SIX) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Six Flags Entertainment (NYSE:SIX) Could Be Struggling To Allocate Capital

Mar 10
Six Flags Entertainment (NYSE:SIX) Could Be Struggling To Allocate Capital

Is Six Flags Entertainment Corporation (NYSE:SIX) Trading At A 38% Discount?

Feb 16
Is Six Flags Entertainment Corporation (NYSE:SIX) Trading At A 38% Discount?

Six Flags Q3 2022 Earnings Preview

Nov 09

Six Flags: A Stock To Avoid

Sep 08

Six Flags Entertainment Corporation (NYSE:SIX) Analysts Are More Bearish Than They Used To Be

Aug 17
Six Flags Entertainment Corporation (NYSE:SIX) Analysts Are More Bearish Than They Used To Be

Six Flags GAAP EPS of $0.53 misses by $0.48, revenue of $435M misses by $83.5M

Aug 11

The Return Trends At Six Flags Entertainment (NYSE:SIX) Look Promising

Jul 13
The Return Trends At Six Flags Entertainment (NYSE:SIX) Look Promising

Six Flags: Riding The Roller Coaster

Jun 29

Six Flags Entertainment: Attractive Prospect That Can Add A Little Fun To Your Portfolio

Jun 11

Why You Should Avoid Six Flags

Mar 31

Six Flags Entertainment Corporation's (NYSE:SIX) Intrinsic Value Is Potentially 59% Above Its Share Price

Mar 28
Six Flags Entertainment Corporation's (NYSE:SIX) Intrinsic Value Is Potentially 59% Above Its Share Price

Returns On Capital At Six Flags Entertainment (NYSE:SIX) Have Stalled

Feb 21
Returns On Capital At Six Flags Entertainment (NYSE:SIX) Have Stalled

Six Flags Has Become Interesting

Jan 19

Financial 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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