Six Flags Entertainment Corporation (FUN)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 399,870 | 456,961 | 271,393 | 190,187 | 208,840 | 134,394 | 262,579 | 184,163 | 243,759 | 438,948 | 476,375 | 264,564 | 263,641 | 748,371 | 523,744 | 479,405 | 554,511 | 340,510 | 415,286 | 92,959 |
| Total current liabilities | US$ in thousands | 926,677 | 1,140,610 | 539,869 | 424,266 | 402,726 | 446,457 | 496,181 | 411,518 | 396,972 | 461,432 | 509,394 | 407,090 | 381,514 | 416,603 | 442,955 | 333,011 | 299,981 | 297,363 | 231,473 | 177,839 |
| Current ratio | 0.43 | 0.40 | 0.50 | 0.45 | 0.52 | 0.30 | 0.53 | 0.45 | 0.61 | 0.95 | 0.94 | 0.65 | 0.69 | 1.80 | 1.18 | 1.44 | 1.85 | 1.15 | 1.79 | 0.52 |
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 shown fluctuations over the period from March 31, 2020, to December 31, 2024. The current ratio measures the company's ability to cover its short-term liabilities with its current assets.
The current ratio was at a low of 0.52 on March 31, 2020, indicating that the company had more short-term liabilities than current assets. The ratio improved significantly to 1.79 on June 30, 2020, and remained relatively high until December 31, 2020, at 1.85. This indicated a strong ability to meet its short-term obligations with current assets.
From March 31, 2021, to September 30, 2021, the current ratio remained above 1, indicating a healthy liquidity position. However, the ratio declined to 0.69 on December 31, 2021, reflecting a weakening ability to cover short-term liabilities.
The trend continued to fluctuate throughout the following periods, with the current ratio reaching a low of 0.30 on September 30, 2023, before slightly improving to 0.43 by December 31, 2024. These lower ratios may suggest potential liquidity challenges in the short term.
Overall, the current ratio of Six Flags Entertainment Corporation has varied over time, indicating changing levels of liquidity and ability to cover short-term obligations with current assets. It is essential for the company to monitor and manage its current assets and liabilities effectively to ensure a healthy liquidity position.
Peer comparison
Dec 31, 2024