FUN - Intrinsic Value and Financial Analysis - Six Flags Entertainment Corporation

Six Flags Entertainment Corporation FUN

Consumer Cyclical - Leisure - NYSE - US

Watchlist

$ 45.94

-1.31 %

$ 4.61 B

Market Cap

19.14

P/E

BALANCE SHEET

2.24 B ASSETS

Growth Rates

1Year 0.21%

3Years -5.95%

5Years 2.05%

7Years 1.83%

10Years 1.07%

2.82 B LIABILITIES

Growth Rates

1Year 26.28%

3Years 1.58%

5Years 7.23%

7Years 5.72%

10Years 4.18%

-583 M EQUITY

Growth Rates

1Year -180.33%

3Years -508.49%

5Years -95.27%

7Years -113.05%

10Years -44.19%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Six Flags Entertainment Corporation

2.24 B ASSETS
2.82 B LIABILITIES

Current Assets	209 M
Cash & Short-Term Investments	65.8 M
Receivables	79.5 M
Other Current Assets	63.5 M
Non-Current Assets	2.03 B
Long-Term Investments	0
PP&E	1.72 B
Other Non-Current Assets	315 M

Current Liabilities	403 M
Accounts Payable	37.6 M
Short-Term Debt	26.6 M
Other Current Liabilities	339 M
Non-Current Liabilities	2.46 B
Long-Term Debt	2.35 B
Other Non-Current Liabilities	115 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990	Dec-1989	Dec-1988	Dec-1987
ASSETS
Cash & Cash Equivalents	65.5	101.2	61.1	376.7	182.3	105.3	166.2	122.7	119.6	131.8	118.1	78.8	35.5	9.8	11.9	13.9	5.5	30.2	4.4	3.4	2.2	2.2	2.3	2.4	0.6	1.1	2.5	1.3	100 K	0.4	0.2	100 K	0.2	100 K	0.5	0.2	0.4
Short Term Investments	0.3	0.4	0.5	0.3	0.3	0.5	0.7	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	79.5	70.9	146.2	103.5	63.1	51.5	37.7	35.4	29.5	27.4	21.3	18.2	7.6	12.3	6.5	8.5	16.5	21.8	7.3	4.8	6.6	6.6	4.7	5.3	7.5	6.3	6.5	3.0	2.5	1.4	1.2	1.0	0.8	0.6	0.3	0.2	0.2
Inventory	44.1	45.3	32.1	47.5	32.9	30.8	29.7	26.3	25.0	25.9	26.1	27.8	33.1	32.1	27.3	28.6	26.9	26.4	17.7	17.6	14.9	13.9	14.1	13.4	12.0	10.2	9.1	4.4	4.4	3.4	3.5	4.0	2.9	2.7	2.5	2.7	2.6
Other Current Assets	19.4	26.3	24.2	26.7	15.9	12.6	13.3	11.3	9.9	18.6	21.0	16.2	22.3	16.1	15.6	13.6	13.8	26.1	22.5	14.4	6.1	6.5	5.8	4.4	4.1	3.4	3.9	3.0	2.8	3.0	2.0	2.2	2.4	2.2	2.3	2.4	2.7
Total Current Assets	208.8	243.8	263.6	554.5	294.2	200.2	247.0	195.7	196.2	203.7	186.5	141.1	98.5	70.3	61.3	64.5	62.7	104.5	40.6	33.0	29.8	29.2	26.9	25.4	24.2	21.0	22.0	11.7	9.8	8.2	6.9	7.3	6.3	5.6	5.6	5.5	5.9
PP&E	1 716.5	1 675.3	1 727.0	1 815.5	1 855.9	1 599.4	1 585.8	1 539.2	1 514.9	1 526.6	1 505.8	1 552.0	1 638.1	1 676.6	1 781.1	1 825.1	1 933.6	1 985.7	967.3	947.0	777.0	781.5	771.9	728.9	674.6	600.0	567.1	281.6	253.8	204.3	199.6	189.8	134.8	134.6	129.0	126.9	127.3
Intangible Assets	49.1	49.0	50.0	50.3	59.9	36.4	38.1	37.8	35.9	38.2	39.5	40.7	40.3	40.6	42.2	54.1	66.1	64.8	16.9	13.3	12.5	11.5	11.4	9.8	10.1	10.3	10.5	10.7	11.1	11.5	11.9	12.3	1.5	1.4	1.4	1.6	2.1
Goodwill	264.6	263.2	267.2	267.0	359.7	178.7	183.8	179.7	210.8	228.3	238.1	246.2	243.5	246.3	240.0	222.6	325.4	314.1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	(46.3)	(32.6)	(48.5)	(30.4)	(27.5)	35.8	(10.7)	0	0	(3.3)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	1.5	4.7	5.1	6.1	11.5	9.4	9.5	20.8	37.1	41.6	44.8	47.6	54.2	48.6	20.8	19.8	30.8	41.8	0	0	0	0	0	0	100 K	0	0	100 K	0	0	0	100 K	100 K	100 K	0	1.4	1.5
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	2 240.5	2 235.9	2 313.0	2 693.4	2 581.1	2 024.2	2 064.2	1 973.2	1 994.9	2 038.3	2 014.6	2 027.6	2 074.6	2 082.4	2 145.4	2 186.1	2 418.7	2 510.9	1 024.8	993.2	819.3	822.3	810.2	764.1	709.0	631.3	599.6	304.1	274.7	224.0	218.4	209.5	142.5	141.7	136.0	135.4	136.8
LIABILITIES
Accounts Payable	37.6	55.0	53.9	14.3	29.3	23.3	24.6	20.9	17.1	23.9	13.2	10.7	12.9	10.8	10.0	14.6	18.6	19.8	16.6	21.7	20.8	28.0	21.2	16.6	21.6	17.0	15.6	5.3	6.4	5.7	5.0	4.9	3.6	3.9	3.2	0	0
Short Term Debt	26.6	12.0	2.0	1.7	12.6	5.6	0	2.8	2.5	11.8	0	0	15.9	0	16.0	17.4	17.4	17.4	20.0	20.0	20.0	0	10.0	38.5	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	109.6	131.9	129.0	89.9	91.6	69.1	70.8	77.3	67.6	79.5	81.6	70.2	129.1	116.6	64.4	49.0	67.8	122.0	83.3	79.8	70.9	(10.3)	(8.9)	58.9	65.0	60.2	46.8	33.9	31.2	27.9	26.6	22.5	17.9	16.1	14.3	16.4	15.6
Total Current Liabilities	402.7	397.0	381.5	300.0	324.1	234.7	225.5	242.7	198.7	198.2	158.8	138.2	203.4	168.9	131.5	115.2	122.7	159.3	130.7	121.5	111.7	106.3	96.7	114.0	86.6	77.2	62.4	39.2	37.6	33.6	31.6	27.4	21.5	20.0	17.5	16.4	15.6
Long Term Debt	2 347.4	2 349.9	2 552.4	3 003.8	2 174.6	1 657.6	1 660.5	1 534.2	1 556.4	1 558.8	1 520.6	1 532.2	1 503.0	1 525.2	1 480.7	1 578.4	1 735.5	1 759.7	450.9	442.1	348.6	375.1	373.0	300.0	261.2	200.4	189.8	87.6	80.0	71.4	86.8	89.7	65.9	69.9	71.1	77.9	79.6
Deferred Tax Income	0	69.4	66.5	39.6	82.0	81.7	74.8	104.9	142.0	152.5	158.1	156.7	135.4	131.8	138.1	124.3	158.3	146.8	0	0	0	0	0	0	0	0	0	0	0	0	0	11.0	0	0	0	0	0
Other Liabilities	115.3	11.2	11.1	16.5	10.3	17.8	20.4	30.9	151.0	32.5	38.0	38.3	(0.9)	10.4	7.9	5.0	117.1	34.5	9.0	59.1	50.1	35.4	32.3	19.5	11.2	11.7	10.2	7.3	5.6	3.9	0	100 K	0	0	0	100 K	100 K
Total Liabilities	2 823.5	2 235.9	2 313.0	2 693.4	2 591.1	1 991.8	1 981.2	1 912.7	1 937.9	1 942.1	1 875.5	1 868.4	1 915.8	1 945.3	2 017.6	2 079.3	2 133.6	2 100.3	590.6	622.7	510.4	516.9	502.0	433.6	359.0	289.3	262.4	134.1	123.2	108.9	118.4	128.2	87.4	89.9	88.6	94.4	95.3
EQUITY
Common Stock	0	0	0	0	0	5.8	81.6	52.3	48.4	101.6	148.8	177.7	0	0	0	0	334.7	440.5	428.9	365.2	303.5	285.7	297.4	325.2	344.1	336.2	279.7	164.0	145.7	109.4	0	0	0	0	0	0	0
Retained Earnings	0	307.7	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(0.6)	(6.2)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Accumulative Comprehensive Income/Loss	14.7	15.6	8.9	2.6	9.7	21.3	(3.9)	2.9	3.3	(10.6)	(15.0)	(28.5)	(29.0)	(33.7)	(87.3)	(140.6)	(49.6)	(29.9)	5.3	5.3	5.4	20.2	17.0	5.4	5.8	10.6	10.6	10.6	10.6	10.6	0	0	0	0	0	0	0
Total Equity	(583.0)	328.6	14.2	7.9	15.0	26.6	1.4	8.2	309.4	365.4	(15.0)	362.9	434.2	531.1	(87.3)	(105.8)	285.1	410.6	434.2	370.5	308.9	305.3	308.2	330.6	350.0	342.0	337.2	170.0	151.5	115.1	100.0	81.3	55.1	51.8	47.4	41.0	41.5
Total Liabilities and Equity	2 282.5	2 235.9	2 313.0	2 693.4	2 591.1	1 991.8	1 981.2	1 912.7	1 937.9	1 942.1	1 875.5	1 868.4	1 915.8	1 945.3	2 017.6	1 973.5	2 418.7	2 510.9	1 024.8	993.2	819.3	822.3	810.2	764.1	709.0	631.3	599.6	304.1	274.7	224.0	218.4	209.5	142.5	141.7	136.0	135.4	136.8
SHARES OUTSTANDING
Common Shares Outstanding	50.9	55.8	56.6	56.5	56.3	56.2	56.1	55.9	55.7	55.5	55.5	55.5	55.3	55.3	55.2	54.8	54.2	54.0	53.7	52.0	50.6	50.5	50.7	51.4	51.9	51.2	46.3	46.1	45.2	44.5	44.9	43.8	42.9	42.6	42.7	42.6	32.0

Balance Sheet

Premium Plan

Unlimited Plan