Six Long Term Investments vs Long Term Debt Analysis
SIX Stock | USD 26.17 0.18 0.69% |
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 Long Term Investments and its Long Term Debt 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.
Long Term Investments vs Long Term Debt
Long Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Six Flags Entertainment Long Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Six Flags' Long Term Investments and Long Term Debt is 0.69. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt 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' Long Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Six Flags Entertainment are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Investments i.e., Six Flags' Long Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of Six Flags balance sheet that represents investments Six Flags Entertainment intends to hold for over a year. Six Flags Entertainment long term investments may include different instruments such as stocks, bonds, real estate and cash.Long Term Debt
Long-term debt is a debt that Six Flags Entertainment has held for over one year. Long-term debt appears on Six Flags Entertainment balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Six Flags Entertainment balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 152.4M | 141.6M | 151.9M | 159.5M | Depreciation And Amortization | 114.4M | 117.1M | 116.3M | 140.2M |
Six Flags fundamental ratios Correlations
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Six Flags Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Six Flags fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.9B | 2.8B | 3.0B | 2.7B | 2.7B | 3.2B | |
Short Long Term Debt Total | 2.5B | 2.8B | 2.6B | 2.6B | 2.9B | 2.0B | |
Other Current Liab | 144.1M | 206.6M | (49.4M) | 155.1M | 178.4M | 123.4M | |
Total Current Liabilities | 339.7M | 452.4M | 177.8M | 434.3M | 587.5M | 296.2M | |
Total Stockholder Equity | (716.1M) | (1.2B) | (2.1B) | (950.6M) | (898.0M) | (853.1M) | |
Property Plant And Equipment Net | 1.5B | 1.4B | 1.4B | 1.4B | 1.4B | 1.2B | |
Net Debt | 2.3B | 2.7B | 2.3B | 2.5B | 2.3B | 1.9B | |
Retained Earnings | (1.7B) | (2.2B) | (2.0B) | (2.0B) | (2.0B) | (1.9B) | |
Cash | 174.2M | 157.8M | 335.6M | 80.1M | 77.6M | 150.1M | |
Non Current Assets Total | 2.5B | 2.5B | 2.6B | 2.4B | 2.5B | 2.1B | |
Non Currrent Assets Other | 16.3M | 14.1M | 191.5M | (168.4M) | 34.9M | 33.1M | |
Cash And Short Term Investments | 174.2M | 157.8M | 335.6M | 80.1M | 92.1M | 152.4M | |
Net Receivables | 108.7M | 36.6M | 97.7M | 49.4M | 62.7M | 47.8M | |
Common Stock Total Equity | 2.1M | 2.1M | 2.2M | 2.1M | 2.4M | 2.2M | |
Common Stock Shares Outstanding | 85.0M | 84.8M | 86.7M | 84.7M | 83.6M | 79.4M | |
Liabilities And Stockholders Equity | 2.9B | 2.8B | 3.0B | 2.7B | 3.1B | 3.2B | |
Non Current Liabilities Total | 2.7B | 3.0B | 2.3B | 2.7B | 2.5B | 2.3B | |
Inventory | 33.0M | 39.2M | 27.3M | 44.8M | 31.6M | 27.2M | |
Other Current Assets | 60.4M | 73.2M | 55.5M | 66.5M | 80.9M | 76.9M | |
Other Stockholder Equity | 1.1B | 1.1B | 2.1B | 1.1B | 1.3B | 1.2B | |
Total Liab | 2.9B | 3.4B | 3.0B | 3.1B | 3.1B | 2.7B | |
Property Plant And Equipment Gross | 1.5B | 2.4B | 2.5B | 2.6B | 2.9B | 1.8B | |
Total Current Assets | 376.2M | 306.7M | 335.6M | 240.8M | 252.8M | 300.8M | |
Accumulated Other Comprehensive Income | (74.7M) | (96.5M) | (81.2M) | (71.2M) | (64.1M) | (67.3M) | |
Short Term Debt | 18.7M | 14.1M | 11.2M | 111.7M | 100.5M | 57.1M | |
Common Stock | 2.1M | 2.1M | 2.2M | 2.1M | 2.4M | 2.2M | |
Accounts Payable | 32.9M | 26.6M | 38.3M | 38.9M | 27.2M | 24.1M | |
Intangible Assets | 345.2M | 344.2M | 344.2M | 344.2M | 344.1M | 548.5M | |
Other Liab | 272.0M | 124.7M | 152.1M | 209.1M | 240.5M | 192.4M | |
Other Assets | 14.9M | 13.6M | 11.1M | 16.2M | 14.6M | 13.9M | |
Long Term Debt | 2.3B | 2.6B | 2.6B | 2.3B | 2.1B | 2.1B | |
Property Plant Equipment | 1.3B | 1.3B | 1.3B | 1.4B | 1.3B | 1.3B | |
Current Deferred Revenue | 144.0M | 205.1M | 177.8M | 128.6M | 147.9M | 77.6M | |
Net Tangible Assets | (186.9M) | (635.2M) | (460.1M) | (429.2M) | (386.3M) | (366.9M) | |
Retained Earnings Total Equity | (1.7B) | (2.2B) | (2.0B) | (2.0B) | (1.8B) | (1.9B) | |
Long Term Debt Total | 2.3B | 2.6B | 2.6B | 2.3B | 2.6B | 2.0B | |
Capital Surpluse | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 1.1B |
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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. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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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.