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).