Six Flags Entertainment Corporation (FUN)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 2,041,860 | -588,246 | 323,277 | 8,943 | 2,599 |
| Debt-to-equity ratio | 2.31 | — | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $4,723,070K ÷ $2,041,860K
= 2.31
The debt-to-equity ratio of Six Flags Entertainment Corporation has remained consistently low from December 31, 2020, to December 31, 2022, at 0.00. This indicates a conservative capital structure with minimal reliance on debt financing relative to shareholders' equity during this period. However, there was a notable increase in the debt-to-equity ratio to 2.31 as of December 31, 2024. This rise suggests a shift towards a slightly more leveraged position, potentially due to increased debt levels or a decrease in equity. It would be prudent to monitor future trends to assess the company's ability to manage its debt obligations effectively and maintain a healthy balance between debt and equity financing.
Peer comparison
Dec 31, 2024