Six Net Working Capital vs Total Liab 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 Net Working Capital and its Total Liab 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.
Net Working Capital vs Total Liab
Net Working Capital vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Six Flags Entertainment Net Working Capital account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Six Flags' Net Working Capital and Total Liab is -0.19. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Liab 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' Net Working Capital and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Six Flags Entertainment are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Working Capital i.e., Six Flags' Net Working Capital and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Working Capital
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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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.