Six Historical Financial Ratios
| FUN Stock | USD 46.39 0.32 0.69% |
Six Flags is promptly reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 9.86 or Free Cash Flow Yield of 0.0615 will help investors to properly organize and evaluate Six Flags Entertainment financial condition quickly.
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About Six Financial Ratios Analysis
Six Flags EntertainmentFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Six Flags investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Six financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Six Flags history.
Six Flags Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Six Flags Entertainment stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Six Flags sales, a figure that is much harder to manipulate than other Six Flags Entertainment multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Intangibles To Total Assets
The ratio of a company's intangible assets (like goodwill and patents) to its total assets.Most ratios from Six Flags' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Six Flags Entertainment current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. At this time, Six Flags' Net Income Per Share is very stable compared to the past year. As of the 29th of November 2024, Capex To Revenue is likely to grow to 0.20, while Price To Sales Ratio is likely to drop 1.07.
| 2020 | 2023 | 2024 (projected) | Dividend Yield | 0.0239 | 0.0301 | 0.0286 | Price To Sales Ratio | 12.24 | 1.13 | 1.07 |
Six Flags fundamentals Correlations
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Six Flags Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Six Flags fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.97 | 2.12 | 12.24 | 1.27 | 1.13 | 1.07 | |
| Dividend Yield | 0.0764 | 0.0672 | 0.0239 | 0.0145 | 0.0301 | 0.0286 | |
| Ptb Ratio | 320.54 | 854.85 | 316.88 | 7.14 | (3.48) | (3.3) | |
| Days Sales Outstanding | 15.62 | 208.18 | 39.87 | 14.24 | 16.14 | 9.86 | |
| Book Value Per Share | 1.48 | 0.58 | (0.18) | (11.44) | (13.16) | (12.5) | |
| Free Cash Flow Yield | 0.0232 | (0.25) | 0.0501 | 0.0972 | 0.0519 | 0.0615 | |
| Operating Cash Flow Per Share | 6.24 | 7.15 | (7.38) | 3.55 | 7.3 | 6.71 | |
| Stock Based Compensation To Revenue | 0.008075 | (0.001151) | 0.0115 | 0.0113 | 0.0126 | 0.0132 | |
| Pb Ratio | 320.54 | 854.85 | 316.88 | 7.14 | (3.48) | (3.3) | |
| Ev To Sales | 3.46 | 26.49 | 3.96 | 2.51 | 2.4 | 3.21 | |
| Free Cash Flow Per Share | 1.28 | (9.66) | 2.51 | 4.02 | 2.07 | 1.07 | |
| Roic | 0.18 | 0.14 | 0.11 | (0.12) | 0.0991 | 0.12 | |
| Inventory Turnover | 3.84 | 0.59 | 3.5 | 3.63 | 23.13 | 16.04 | |
| Net Income Per Share | 3.06 | (10.45) | (0.86) | 5.51 | 2.45 | 2.57 | |
| Days Of Inventory On Hand | 95.11 | 619.12 | 104.22 | 100.66 | 15.78 | 14.99 | |
| Payables Turnover | 4.3 | 1.96 | 2.09 | 2.99 | 27.13 | 16.39 | |
| Capex To Revenue | 0.22 | 0.71 | 0.0442 | 0.1 | 0.12 | 0.2 | |
| Cash Per Share | 3.24 | 6.68 | 1.09 | 1.82 | 1.29 | 0.69 | |
| Pocfratio | 7.75 | (5.33) | 14.08 | 5.66 | 6.23 | 8.89 | |
| Interest Coverage | 3.08 | (3.05) | 0.81 | 2.49 | 2.16 | 2.05 | |
| Payout Ratio | 1.6 | 1.22 | (0.0898) | 0.11 | 0.49 | 0.55 | |
| Capex To Operating Cash Flow | 0.54 | 0.82 | (0.31) | 0.29 | 0.68 | 0.58 | |
| Pfcf Ratio | 43.16 | (4.07) | 19.95 | 10.29 | 19.26 | 11.88 | |
| Days Payables Outstanding | 84.83 | 186.11 | 174.97 | 122.19 | 13.45 | 12.78 | |
| Income Quality | 2.34 | 0.71 | (4.15) | 1.33 | 2.61 | 2.75 | |
| Roe | 17.69 | (227.1) | (5.43) | 0.95 | (0.21) | (0.22) | |
| Ev To Operating Cash Flow | 12.67 | (11.55) | 26.36 | 11.18 | 13.27 | 9.66 | |
| Pe Ratio | 18.12 | (3.76) | (58.41) | 7.5 | 16.28 | 17.09 | |
| Return On Tangible Assets | 0.07 | 0.0797 | (0.25) | (0.0243) | 0.16 | 0.0646 | |
| Ev To Free Cash Flow | 70.54 | (8.82) | 37.35 | 20.31 | 41.07 | 43.12 | |
| Earnings Yield | 0.0552 | (0.27) | (0.0171) | 0.13 | 0.0614 | 0.0602 | |
| Net Debt To E B I T D A | 4.08 | (6.16) | 8.12 | 3.32 | 4.86 | 5.1 | |
| Current Ratio | 0.91 | 1.85 | 0.69 | 0.61 | 0.52 | 0.43 | |
| Tangible Book Value Per Share | (7.62) | (5.62) | (5.6) | (5.59) | (17.6) | (16.72) | |
| Receivables Turnover | 23.37 | 1.75 | 9.16 | 25.62 | 22.62 | 21.49 | |
| Shareholders Equity Per Share | 0.17 | 0.046 | 0.16 | 5.79 | (11.44) | (10.87) |
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
| 0.55 | WING | Wingstop | PairCorr |
| 0.54 | QSR | Restaurant Brands | PairCorr |
| 0.52 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.51 | PTLO | Portillos | 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 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.