Six Flags Entertainment Corporation (FUN)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 2,347,830 2,264,260 2,282,460 2,318,600 2,316,420 2,209,740 2,235,900 2,414,460 2,417,000 2,350,300 2,313,020 2,814,490 2,664,230 2,627,660 2,693,410 2,501,520 2,657,530 2,389,480 2,581,140 2,658,010
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

June 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,347,830K
= 0.00

The debt-to-assets ratio of Six Flags Entertainment Corporation has consistently been reported as 0.00 across all the periods provided. This indicates that the company has not reported any debt on its balance sheet in relation to its total assets during these periods. A debt-to-assets ratio of 0.00 signifies that the company is entirely funded by equity or does not have any debt obligations. In this case, it suggests that Six Flags has been operating without any significant reliance on debt as a source of financing. It is important to note that having a low or zero debt-to-assets ratio does not necessarily indicate financial strength, as it could also imply missed opportunities to leverage debt for potential growth or increased returns.


Peer comparison

Jun 30, 2024

Company name
Symbol
Debt-to-assets ratio
Six Flags Entertainment Corporation
FUN
0.00
Live Nation Entertainment Inc
LYV
0.00
TKO Group Holdings Inc.
TKO
0.21
Warner Music Group
WMG
0.46