What is Cedar Fair LP Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cedar Fair LP's interest expense for the
three
months ended in Dec. 2023 was $ -36 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-142 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Cedar Fair LP's Operating Income for the
three
months ended in Dec. 2023 was $ 34 Mil. Cedar Fair LP's Interest Expense for the
three
months ended in Dec. 2023 was $ -36 Mil.
Cedar Fair LP's Interest Coverage for the quarter that ended in Dec. 2023 was 0.94.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Cedar Fair LP Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-142 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cedar Fair LP (NYSE:FUN) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Cedar Fair LP's Interest Expense for the
three
months ended in Dec. 2023 was $-36 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $34 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $2,347 Mil.
Cedar Fair LP's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Cedar Fair LP interest coverage is 2.29, which is low.
Cedar Fair LP (Cedar Fair LP) Business Description
Traded in Other Exchanges
N/A
Address
One Cedar Point Drive, Sandusky, OH, USA, 44870-5259
Cedar Fair LP operates amusement park-resorts located in various states across USA and Canada. All their parks have facilities for people from all age groups as well as exciting rides and attractions. The Partnership's portfolio of parks includes Cedar Point, Kings Island, Canada's Wonderland, Dorney Park and the Wildwater Kingdom, Valleyfair, Michigan's Adventure, Kings Dominion, Carowinds, Worlds of Fun, Knott's Berry Farm, and California's Great America. Other than these parks, the partnership also holds a contract to operate a few other parks. Revenues are obtained from amounts paid to gain admission to parks including parking fees, extra-charge attractions, and others.
Executives
| Nina Barton |
director |
ONE CEDAR POINT DRIVE, SANDUSKY OH 44870 |
| Monica Sauls |
officer: Senior VP CHRO |
ONE CEDAR POINT DRIVE, SANDUSKY OH 44870 |
| Jennifer Mason |
director |
C/O CEDAR FAIR, 8701 RED OAK BLVD., CHARLOTTE NC 28217 |
| Michelle M Frymire |
director |
C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201 |
| Daniel J Hanrahan |
director |
ROYAL CARIBBEAN CRUISES LTD, 1050 CARIBBEAN WAY, MIAMI FL 33132 |
| Brian Nurse |
officer: Exec VP, Chief Legal Officer |
ONE CEDAR POINT DRIVE, SANDUSKY OH 44870 |
| Matthew A Ouimet |
officer: President |
ONE CEDAR POINT DR., SANDUSKY OH 44870 |
| Louis Carr |
director |
ONE CEDAR POINT DRIVE, SANDUSKY OH 44870 |
| Carlos Ruisanchez |
director |
C/O PINNACLE ENTERTAINMENT INC, 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169 |
| Tim Fisher |
officer: Chief Operating Officer |
ONE CEDAR POINT DRIVE, SANDUSKY OH 44870 |
| Craig Heckman |
officer: SVP, Human Resources |
ONE CEDAR POINT DRIVE, SANDUSKY OH 44870 |
| Brian C Witherow |
officer: V.P. & Corporate Controller |
ONE CEDAR POINT DRIVE, SANDUSKY OH 44870 |
| David R. Hoffman |
officer: VP of Finance & Corp Tax |
ONE CEDAR POINT DRIVE, SANDUSKY OH 44870 |
| Milkie Duffield |
officer: V.P. & General Counsel |
ONE CEDAR POINT DR, SANDUSKY OH 44870 |
| Richard Zimmerman |
officer: VP & GM - Great America |
ONE CEDAR POINT DRIVE, SANDUSKY OH 44870 |
Cedar Fair LP (Cedar Fair LP) Headlines
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