Six Inventory vs Cash And Short Term Investments Analysis
SIX Stock | USD 26.88 0.36 1.32% |
Six Flags financial indicator trend analysis is much more than just breaking down Six Flags Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Six Flags Entertainment is a good investment. Please check the relationship between Six Flags Inventory and its Cash And Short Term Investments accounts. Check out World Market Map 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Inventory vs Cash And Short Term Investments
Inventory vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Six Flags Entertainment Inventory account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Six Flags' Inventory and Cash And Short Term Investments is -0.01. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Six Flags Entertainment, assuming nothing else is changed. The correlation between historical values of Six Flags' Inventory and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Six Flags Entertainment are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Inventory i.e., Six Flags' Inventory and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Six Flags Entertainment balance sheet. This account contains Six Flags investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Six Flags Entertainment fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Six Flags' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. Tax Provision is likely to rise to about 28.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 204.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 152.4M | 141.6M | 151.9M | 101.8M | Depreciation And Amortization | 114.4M | 117.1M | 116.3M | 140.2M |
Six Flags fundamental ratios Correlations
Click cells to compare fundamentals
Six Flags Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Six Flags fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.9B | 2.8B | 3.0B | 2.7B | 2.7B | 3.2B | |
Short Long Term Debt Total | 2.5B | 2.8B | 2.6B | 2.6B | 2.9B | 2.0B | |
Other Current Liab | 144.1M | 206.6M | (49.4M) | 155.1M | 178.4M | 123.4M | |
Total Current Liabilities | 339.7M | 452.4M | 177.8M | 434.3M | 587.5M | 296.2M | |
Total Stockholder Equity | (716.1M) | (1.2B) | (2.1B) | (950.6M) | (898.0M) | (853.1M) | |
Property Plant And Equipment Net | 1.5B | 1.4B | 1.4B | 1.4B | 1.4B | 1.2B | |
Net Debt | 2.3B | 2.7B | 2.3B | 2.5B | 2.3B | 1.9B | |
Retained Earnings | (1.7B) | (2.2B) | (2.0B) | (2.0B) | (2.0B) | (1.9B) | |
Cash | 174.2M | 157.8M | 335.6M | 80.1M | 77.6M | 150.1M | |
Non Current Assets Total | 2.5B | 2.5B | 2.6B | 2.4B | 2.5B | 2.1B | |
Non Currrent Assets Other | 16.3M | 14.1M | 191.5M | (168.4M) | 34.9M | 33.1M | |
Cash And Short Term Investments | 174.2M | 157.8M | 335.6M | 80.1M | 92.1M | 152.4M | |
Net Receivables | 108.7M | 36.6M | 97.7M | 49.4M | 62.7M | 47.8M | |
Common Stock Total Equity | 2.1M | 2.1M | 2.2M | 2.1M | 2.4M | 2.2M | |
Common Stock Shares Outstanding | 85.0M | 84.8M | 86.7M | 84.7M | 83.6M | 79.4M | |
Liabilities And Stockholders Equity | 2.9B | 2.8B | 3.0B | 2.7B | 3.1B | 3.2B | |
Non Current Liabilities Total | 2.7B | 3.0B | 2.3B | 2.7B | 2.5B | 2.3B | |
Inventory | 33.0M | 39.2M | 27.3M | 44.8M | 31.6M | 27.2M | |
Other Current Assets | 60.4M | 73.2M | 55.5M | 66.5M | 80.9M | 76.9M | |
Other Stockholder Equity | 1.1B | 1.1B | 2.1B | 1.1B | 1.3B | 1.2B | |
Total Liab | 2.9B | 3.4B | 3.0B | 3.1B | 3.1B | 2.7B | |
Property Plant And Equipment Gross | 1.5B | 2.4B | 2.5B | 2.6B | 2.9B | 1.8B | |
Total Current Assets | 376.2M | 306.7M | 335.6M | 240.8M | 252.8M | 300.8M | |
Accumulated Other Comprehensive Income | (74.7M) | (96.5M) | (81.2M) | (71.2M) | (64.1M) | (67.3M) | |
Short Term Debt | 18.7M | 14.1M | 11.2M | 111.7M | 100.5M | 57.1M | |
Common Stock | 2.1M | 2.1M | 2.2M | 2.1M | 2.4M | 2.2M | |
Accounts Payable | 32.9M | 26.6M | 38.3M | 38.9M | 27.2M | 24.1M | |
Intangible Assets | 345.2M | 344.2M | 344.2M | 344.2M | 344.1M | 548.5M | |
Other Liab | 272.0M | 124.7M | 152.1M | 209.1M | 240.5M | 192.4M | |
Other Assets | 14.9M | 13.6M | 11.1M | 16.2M | 14.6M | 13.9M | |
Long Term Debt | 2.3B | 2.6B | 2.6B | 2.3B | 2.1B | 2.1B | |
Property Plant Equipment | 1.3B | 1.3B | 1.3B | 1.4B | 1.3B | 1.3B | |
Current Deferred Revenue | 144.0M | 205.1M | 177.8M | 128.6M | 147.9M | 77.6M | |
Net Tangible Assets | (186.9M) | (635.2M) | (460.1M) | (429.2M) | (386.3M) | (366.9M) | |
Retained Earnings Total Equity | (1.7B) | (2.2B) | (2.0B) | (2.0B) | (1.8B) | (1.9B) | |
Long Term Debt Total | 2.3B | 2.6B | 2.6B | 2.3B | 2.6B | 2.0B | |
Capital Surpluse | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 1.1B |
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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 World Market Map 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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When running Six Flags' price analysis, check to measure Six Flags' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Six Flags is operating at the current time. Most of Six Flags' value examination focuses on studying past and present price action to predict the probability of Six Flags' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Six Flags' price. Additionally, you may evaluate how the addition of Six Flags to your portfolios can decrease your overall portfolio volatility.
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Is Six Flags' industry 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 (0.03) | Earnings Share 0.46 | Revenue Per Share 16.94 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0776 |
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.