Six Flags Entertainment Corporation (FUN)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 399,870 | 208,840 | 243,759 | 263,641 | 554,511 |
| Total current liabilities | US$ in thousands | 926,677 | 402,726 | 396,972 | 381,514 | 299,981 |
| Current ratio | 0.43 | 0.52 | 0.61 | 0.69 | 1.85 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $399,870K ÷ $926,677K
= 0.43
The current ratio of Six Flags Entertainment Corporation has exhibited a declining trend over the past few years. As of December 31, 2020, the current ratio stood at a relatively healthy level of 1.85, indicating the company had $1.85 in current assets to cover each dollar of current liabilities. However, by December 31, 2024, the current ratio had dropped significantly to 0.43, suggesting a weakening liquidity position. This downward trajectory may raise concerns about the company's ability to meet its short-term obligations with its current asset resources. Further monitoring of the company's liquidity management and financial health is advisable to assess any potential risks associated with the declining current ratio.
Peer comparison
Dec 31, 2024