Six Flags Entertainment Corporation (FUN)

Debt-to-assets ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	4,723,070	—	—	—	—
Total assets	US$ in thousands	9,130,520	2,282,460	2,235,900	2,313,020	2,693,410
Debt-to-assets ratio		0.52	0.00	0.00	0.00	0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $4,723,070K ÷ $9,130,520K
= 0.52

The debt-to-assets ratio of Six Flags Entertainment Corporation has shown consistency over the years, remaining at 0.00 from December 31, 2020, to December 31, 2023. However, there was a notable increase to 0.52 as of December 31, 2024. This suggests that the company has taken on debt in relation to its total assets at the end of 2024, indicating a higher reliance on debt financing compared to previous years. It is important for stakeholders to monitor this ratio to assess the company's leverage and financial risk moving forward.

Peer comparison

Dec 31, 2024

Company name

Symbol

Debt-to-assets ratio

Six Flags Entertainment Corporation

FUN

0.52

Live Nation Entertainment Inc

LYV

0.00

TKO Group Holdings Inc.