David Hoffman - Six Flags President

FUN Stock  USD 45.30  0.80  1.74%   

President

Mr. David R. Hoffman is Senior Vice President and Chief Accounting Officer of Cedar Fair Management, Inc., the General Partner of Cedar Fair, L.P. Prior to that, he served as Vice President of Finance and Corporationrationrate Tax since November 2010. He served as Vice President of Corporationrationrate Tax from October 2006 until November 2010. Prior to joining Cedar Fair, Dave served as a business advisor with Ernst Young from 2002 through 2006. since 2012.
Age 55
Tenure 12 years
Address 8701 Red Oak Blvd, Charlotte, NC, United States, 28217
Phone419 626 0830
Webhttps://www.sixflags.com

Six Flags Management Efficiency

The company has Return on Asset of 0.0491 % which means that on every $100 spent on assets, it made $0.0491 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.041 %, implying that it generated $0.041 on every 100 dollars invested. Six Flags' management efficiency ratios could be used to measure how well Six Flags manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Six Flags' Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Capital Employed is likely to grow to 0.20, while Return On Equity is likely to drop (0.22). At this time, Six Flags' Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Intangibles To Total Assets is likely to grow to 0.15, while Total Assets are likely to drop about 1.4 B.
Six Flags Entertainment has 2.36 B in debt with debt to equity (D/E) ratio of 76.24, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Six Flags Entertainment has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Six to invest in growth at high rates of return.

Similar Executives

Showing other executives

PRESIDENT Age

Mark FitzPatrickMadison Square Garden
50
McNeil FiskeClarus Corp
62
David ByrnesMadison Square Garden
53
Christopher LindnerAcushnet Holdings Corp
55
Tara HefterJAKKS Pacific
N/A
Thomas PachecoAcushnet Holdings Corp
55
John McGrathJAKKS Pacific
59
Robbie BrennerMattel Inc
N/A
John DukeAcushnet Holdings Corp
55
Dorvin LivelyPlanet Fitness
62
Edward HymesPlanet Fitness
56
Patrick GriffinEscalade Incorporated
54
Geoffrey WalkerMattel Inc
58
Steve TotzkeMattel Inc
54
Brendan GibbonsAcushnet Holdings Corp
44
Mary BohnAcushnet Holdings Corp
63
Steven PelisekAcushnet Holdings Corp
63
Cedar Fair, L.P. owns and operates amusement and water parks, and complementary resort facilities in the United States and Canada. The company was founded in 1983 and is headquartered in Sandusky, Ohio. Cedar Fair operates under Leisure classification in the United States and is traded on New York Stock Exchange. It employs 4000 people. Six Flags Entertainment (FUN) is traded on New York Stock Exchange in USA. It is located in 8701 Red Oak Blvd, Charlotte, NC, United States, 28217 and employs 3,350 people. Six Flags is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

Six Flags Entertainment Leadership Team

Elected by the shareholders, the Six Flags' board of directors comprises two types of representatives: Six Flags inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Six. The board's role is to monitor Six Flags' management team and ensure that shareholders' interests are well served. Six Flags' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Six Flags' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lauri Shanahan, Independent Director of Cedar Fair Management, Inc.
Brian Witherow, Chief Financial Officer, Executive Vice President of Cedar Fair Management, Inc.
Ty Tastepe, Senior Officer
Selim Bassoul, Executive Chairman
Seenu Sarma, Senior Vice President Chief Procurement Officer
Kelley Ford, Ex Inc
David Hoffman, Senior Vice President Chief Accounting Officer of Cedar Fair Management, Inc.
Debra SmithartOglesby, Lead Independent Director of Cedar Fair Management, Inc.
Michael Russell, Corporate Relations
Daniel Hanrahan, Independent Director of Cedar Fair Management, Inc.
Tim Fisher, Chief Operating Officer of Cedar Fair Management, Inc
Carlos Ruisanchez, Independent Director of Cedar Fair Management, Inc.
David Olivet, Independent Director of Cedar Fair Management, Inc.
Richard Zimmerman, President, Chief Executive Officer, Director of Cedar Fair Management, Inc
Charles Myers, Senior Vice President - Creative Development of Cedar Fair Management, Inc.
Brian Nurse, Executive Vice President Chief Legal Officer, Company Secretary
Robert Decker, Corporate Vice President - Planning and Design of Cedar Fair Management, Inc.
John Scott, Independent Director of Cedar Fair Management, Inc.
Matthew Ouimet, CEO of Cedar Fair Management Inc and President of Cedar Fair Management, Inc and Director of Cedar Fair Management Inc
Monica Sauls, Senior Officer
Scott Tanner, Corporate Co
Gina France, Independent Director of Cedar Fair Management, Inc
Louis Carr, Director of Cedar Fair Management, Inc
Kelley Semmelroth, Executive Vice President Chief Marketing Officer of Cedar Fair Management, Inc.
Duffield Milkie, Executive Vice President, General Counsel, Corporate Secretary of Cedar Fair Management, Inc
Craig Heckman, Executive Vice President of Human Resources of Cedar Fair Management, Inc.

Six Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Six Flags a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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

  0.71BH Biglari HoldingsPairCorr

Moving against Six Stock

  0.66SBET Sharplink GamingPairCorr
  0.55MCD McDonalds Fiscal Year End 3rd of February 2025 PairCorr
  0.45WING WingstopPairCorr
  0.41PTLO PortillosPairCorr
  0.34BTBD Bt BrandsPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Six Flags Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Six Flags' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Six Flags Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Six Flags Entertainment Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Six Flags Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Six Flags. If investors know Six will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Six Flags listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Dividend Share
0.3
Earnings Share
2.4
Revenue Per Share
38.014
Quarterly Revenue Growth
0.601
The market value of Six Flags Entertainment is measured differently than its book value, which is the value of Six that is recorded on the company's balance sheet. Investors also form their own opinion of Six Flags' value that differs from its market value or its book value, called intrinsic value, which is Six Flags' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Six Flags' market value can be influenced by many factors that don't directly affect Six Flags' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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.