Six Net Tangible Assets from 2010 to 2024

SIX Stock  USD 26.17  0.18  0.69%   
Six Flags Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of Six Flags Entertainment minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
-1.5 B
Current Value
-1.9 B
Quarterly Volatility
749.1 M
 
Yuan Drop
 
Covid
Check Six Flags financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Six main balance sheet or income statement drivers, such as Depreciation And Amortization of 140.2 M, Interest Expense of 159.5 M or Selling General Administrative of 204.1 M, as well as many exotic indicators such as Price To Sales Ratio of 7.7, Inventory Turnover of 0.83 or Days Of Inventory On Hand of 440. Six financial statements analysis is a perfect complement when working with Six Flags Valuation or Volatility modules.
  
This module can also supplement Six Flags' financial leverage analysis and stock options assessment as well as various Six Flags Technical models . Check out the analysis of Six Flags Correlation against competitors.

Latest Six Flags' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Six Flags Entertainment over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Six Flags' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Six Flags' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Six Net Tangible Assets Regression Statistics

Arithmetic Mean21,613,577
Geometric Mean271,859,391
Coefficient Of Variation2,029
Mean Deviation368,791,862
Median(10,681,000)
Standard Deviation438,462,679
Sample Variance192249.5T
Range1.4B
R-Value(0.79)
Mean Square Error77816.9T
R-Squared0.62
Significance0.0005
Slope(77,456,762)
Total Sum of Squares2691493.3T

Six Net Tangible Assets History

2024-366.9 M
2023-386.3 M
2022-429.2 M
2021-460.1 M
2020-635.2 M
2019-186.9 M
2018-117.8 M

About Six Flags Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Six Flags income statement, its balance sheet, and the statement of cash flows. Six Flags investors use historical funamental indicators, such as Six Flags's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Six Flags investors may use each financial statement separately, they are all related. The changes in Six Flags's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Six Flags's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Six Flags Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Six Flags. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets-386.3 M-366.9 M

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When determining whether Six Flags Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Six Flags' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Six Flags Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Six Flags Entertainment Stock:
Check out the analysis of Six Flags Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Six Flags' price analysis, check to measure Six Flags' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Six Flags is operating at the current time. Most of Six Flags' value examination focuses on studying past and present price action to predict the probability of Six Flags' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Six Flags' price. Additionally, you may evaluate how the addition of Six Flags to your portfolios can decrease your overall portfolio volatility.
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Is Six Flags' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Six Flags. If investors know Six will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Six Flags listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
0.32
Revenue Per Share
16.94
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0776
The market value of Six Flags Entertainment is measured differently than its book value, which is the value of Six that is recorded on the company's balance sheet. Investors also form their own opinion of Six Flags' value that differs from its market value or its book value, called intrinsic value, which is Six Flags' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Six Flags' market value can be influenced by many factors that don't directly affect Six Flags' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.