Six Accounts Payable from 2010 to 2026
| FUN Stock | USD 18.01 0.05 0.28% |
Accounts Payable | First Reported 1989-06-30 | Previous Quarter 160.9 M | Current Value 117.6 M | Quarterly Volatility 25.2 M |
Check Six Flags financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Six Flags' main balance sheet or income statement drivers, such as Depreciation And Amortization of 384.1 M, Interest Expense of 283.5 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 2.88, Dividend Yield of 0.007 or PTB Ratio of 3.88. Six financial statements analysis is a perfect complement when working with Six Flags Valuation or Volatility modules.
Six | Accounts Payable | Build AI portfolio with Six Stock |
Evaluating Six Flags's Accounts Payable across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Six Flags Entertainment's fundamental strength.
Latest Six Flags' Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Six Flags Entertainment over the last few years. An accounting item on the balance sheet that represents Six Flags obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Six Flags Entertainment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Six Flags' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Six Flags' overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
|
Accounts Payable |
| Timeline |
Six Accounts Payable Regression Statistics
| Arithmetic Mean | 41,141,148 | |
| Geometric Mean | 27,088,637 | |
| Coefficient Of Variation | 97.75 | |
| Mean Deviation | 30,897,621 | |
| Median | 23,933,000 | |
| Standard Deviation | 40,217,063 | |
| Sample Variance | 1617.4T | |
| Range | 126.1M | |
| R-Value | 0.83 | |
| Mean Square Error | 528.5T | |
| R-Squared | 0.69 | |
| Significance | 0.000033 | |
| Slope | 6,633,093 | |
| Total Sum of Squares | 25878.6T |
Six Accounts Payable History
About Six Flags Financial Statements
Six Flags investors utilize fundamental indicators, such as Accounts Payable, to predict how Six Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 123.1 M | 129.3 M |
Pair Trading with Six Flags
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Six Flags position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Six Flags will appreciate offsetting losses from the drop in the long position's value.Moving together with Six Stock
Moving against Six Stock
| 0.66 | VVA | Viva Leisure | PairCorr |
| 0.66 | PZZA | Papa Johns International | PairCorr |
| 0.48 | DPZ | Dominos Pizza Common | PairCorr |
| 0.38 | ALL | Aristocrat Leisure | PairCorr |
| 0.35 | FATBB | FAT Brands | PairCorr |
The ability to find closely correlated positions to Six Flags could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Six Flags when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Six Flags - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Six Flags Entertainment to buy it.
The correlation of Six Flags is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Six Flags moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Six Flags Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Six Flags can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Six Flags Correlation against competitors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Will Hotels, Restaurants & Leisure sector continue expanding? Could Six diversify its offerings? Factors like these will boost the valuation of Six Flags. Market participants price Six higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Six Flags data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.74) | Earnings Share (18.70) | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
Six Flags Entertainment's market price often diverges from its book value, the accounting figure shown on Six's balance sheet. Smart investors calculate Six Flags' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Six Flags' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.