Six Flags Entertainment Corporation (FUN)

Debt-to-capital 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 stockholders’ equity US$ in thousands -687,361 -736,202 -588,246 -571,053 14,437 140,110 323,277 16,453 14,615 11,796 8,943 737,521 424,783 489,741 541,732 421,735 463,832 88,997 431,270 533,024
Debt-to-capital 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

June 30, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-687,361K)
= —

The debt-to-capital ratio of Six Flags Entertainment Corporation has consistently remained at 0.00 for the periods listed. This indicates that the company has not utilized any debt in its capital structure during the specified time frame. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is primarily made up of equity rather than debt. This could suggest that Six Flags Entertainment Corporation has been financing its operations and investments predominantly through equity financing, which may be a strategic decision to maintain a lower level of financial risk and interest expenses.


Peer comparison

Jun 30, 2024

Company name
Symbol
Debt-to-capital ratio
Six Flags Entertainment Corporation
FUN
Live Nation Entertainment Inc
LYV
TKO Group Holdings Inc.
TKO
0.40
Warner Music Group
WMG
0.90