Six Short Long Term Debt Total from 2010 to 2024

FUN Stock  USD 46.19  0.20  0.43%   
Six Flags Short and Long Term Debt Total yearly trend continues to be very stable with very little volatility. Short and Long Term Debt Total is likely to grow to about 2.5 B this year. During the period from 2010 to 2024, Six Flags Short and Long Term Debt Total quarterly data regression pattern had sample variance of 457488.8 T and median of  1,663,193,000. View All Fundamentals
 
Short and Long Term Debt Total  
First Reported
1987-12-31
Previous Quarter
2.4 B
Current Value
446.8 M
Quarterly Volatility
907.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 165.9 M, Interest Expense of 148.9 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0286 or Days Sales Outstanding of 9.86. Six financial statements analysis is a perfect complement when working with Six Flags Valuation or Volatility modules.
  
Check out the analysis of Six Flags Correlation against competitors.

Latest Six Flags' Short Long Term Debt Total Growth Pattern

Below is the plot of the Short Long Term Debt Total of Six Flags Entertainment over the last few years. It is Six Flags' Short and Long Term Debt Total 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.
Short Long Term Debt Total10 Years Trend
Slightly volatile
   Short Long Term Debt Total   
       Timeline  

Six Short Long Term Debt Total Regression Statistics

Arithmetic Mean1,845,486,987
Geometric Mean1,552,894,637
Coefficient Of Variation36.65
Mean Deviation503,654,384
Median1,663,193,000
Standard Deviation676,379,198
Sample Variance457488.8T
Range2.9B
R-Value0.82
Mean Square Error157539.4T
R-Squared0.68
Significance0.0002
Slope124,740,184
Total Sum of Squares6404843.5T

Six Short Long Term Debt Total History

20242.5 B
20232.4 B
20222.3 B
20212.5 B
2020B
20192.2 B
20181.7 B

About Six Flags Financial Statements

Six Flags investors utilize fundamental indicators, such as Short Long Term Debt Total, 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 ReportedProjected for Next Year
Short and Long Term Debt Total2.4 B2.5 B

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

  0.79BH Biglari HoldingsPairCorr

Moving against Six Stock

  0.57WING WingstopPairCorr
  0.53QSR Restaurant BrandsPairCorr
  0.51MCD McDonalds Fiscal Year End 3rd of February 2025 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.
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 the analysis of Six Flags Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.