PRKS (United Parks & Resorts) LT-Debt-to-Total-Asset : 0.91 (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is United Parks & Resorts LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. United Parks & Resorts's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.91.

United Parks & Resorts's long-term debt to total assets ratio increased from Sep. 2023 (0.86) to Sep. 2024 (0.91). It may suggest that United Parks & Resorts is progressively becoming more dependent on debt to grow their business.

United Parks & Resorts LT-Debt-to-Total-Asset Historical Data

The historical data trend for United Parks & Resorts's LT-Debt-to-Total-Asset can be seen below:

* 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.

* Premium members only.

United Parks & Resorts LT-Debt-to-Total-Asset Chart

United Parks & Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.70

0.90

0.85

0.95

0.84

United Parks & Resorts Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.86	0.84	0.83	0.86	0.91

United Parks & Resorts LT-Debt-to-Total-Asset Calculation

United Parks & Resorts's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2205.914	/	2625.046
	=	0.84

United Parks & Resorts's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	2350.969	/	2579.639
	=	0.91

United Parks & Resorts (NYSE:PRKS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

United Parks & Resorts LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of United Parks & Resorts's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

United Parks & Resorts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » United Parks & Resorts Inc (NYSE:PRKS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

W2L:Germany

Address

6240 Sea Harbor Drive, Orlando, FL, USA, 32821

Website

https://www.unitedparks.com

United Parks & Resorts Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Busch Gardens, Aquatica, Discovery Cove and Sesame Place. The company generates majority of its revenue from selling admission tickets for its theme parks.

Executives

George Anthony Taylor	officer: See Remarks	C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Yoshikazu Maruyama	director	C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Christopher Dold	officer: Chief Zoological Officer	C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Kyle Robert Miller	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Byron Surrett	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Shekufeh Boyle	officer: Chief Accounting Officer	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Swanson Marc	officer: Chief Accounting Officer	C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
William Gray	director	355 MAPLE AVENUE, HARLEYSVILLE PA 19438
Forrester James W Jr	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher L. Finazzo	officer: Chief Commercial Officer	C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Michelle F Adams	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
James Clark Hughes	officer: Chief Human Resources Officer	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Daniel C Mayer	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Timothy Hartnett	director	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Elizabeth Gulacsy	officer: Chief Accounting Officer	C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819