SIX Stock | | | USD 26.50 0.49 1.88% |
Six Flags financial indicator trend analysis is much more than just breaking down Six Flags Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Six Flags Entertainment is a good investment. Please check the relationship between Six Flags Deferred Long Term Liab and its Net Receivables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Six Flags Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as
signals in gross domestic product.
Deferred Long Term Liab vs Net Receivables
Deferred Long Term Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Six Flags Entertainment Deferred Long Term Liab account and
Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Six Flags' Deferred Long Term Liab and Net Receivables is 0.1. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Six Flags Entertainment, assuming nothing else is changed. The correlation between historical values of Six Flags' Deferred Long Term Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Six Flags Entertainment are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Deferred Long Term Liab i.e., Six Flags' Deferred Long Term Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Net Receivables
Most indicators from Six Flags' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Six Flags Entertainment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Six Flags Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as
signals in gross domestic product.
Tax Provision is likely to rise to about 28.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 204.1
M in 2024.
Six Flags fundamental ratios Correlations
Click cells to compare fundamentals
Six Flags Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Six Flags fundamental ratios Accounts
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Additional Tools for Six Stock Analysis
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.