Six Net Working Capital from 2010 to 2026
| FUN Stock | USD 18.57 0.76 4.27% |
Net Working Capital | First Reported 2020-03-31 | Previous Quarter -478.6 M | Current Value -359.7 M | Quarterly Volatility 269 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 | Net Working Capital | Build AI portfolio with Six Stock |
Evaluating Six Flags's Net Working Capital 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' Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of Six Flags Entertainment over the last few years. It is Six Flags' Net Working Capital 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.
| Net Working Capital | 10 Years Trend |
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Net Working Capital |
| Timeline |
Six Net Working Capital Regression Statistics
| Arithmetic Mean | (91,432,370) | |
| Geometric Mean | 63,725,554 | |
| Coefficient Of Variation | (230.17) | |
| Mean Deviation | 160,909,537 | |
| Median | 21,489,000 | |
| Standard Deviation | 210,447,402 | |
| Sample Variance | 44288.1T | |
| Range | 781.3M | |
| R-Value | (0.72) | |
| Mean Square Error | 22465.8T | |
| R-Squared | 0.52 | |
| Significance | 0 | |
| Slope | (30,180,118) | |
| Total Sum of Squares | 708609.7T |
Six Net Working Capital History
About Six Flags Financial Statements
Six Flags investors utilize fundamental indicators, such as Net Working Capital, 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 | ||
| Net Working Capital | -474.1 M | -450.4 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 against Six Stock
| 0.6 | QSR | Restaurant Brands | PairCorr |
| 0.43 | DPZ | Dominos Pizza Common | PairCorr |
| 0.31 | YUMC | Yum China Holdings Earnings Call This Week | PairCorr |
| 0.31 | VVA | Viva Leisure Earnings Call This Week | PairCorr |
| 0.31 | RAVE | Rave Restaurant Group | 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.