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FUN (Six Flags Entertainment) Quick Ratio : 0.28 (As of Mar. 2025)


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What is Six Flags Entertainment Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Six Flags Entertainment's quick ratio for the quarter that ended in Mar. 2025 was 0.28.

Six Flags Entertainment has a quick ratio of 0.28. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Six Flags Entertainment's Quick Ratio or its related term are showing as below:

FUN' s Quick Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.62   Max: 1.71
Current: 0.28

During the past 13 years, Six Flags Entertainment's highest Quick Ratio was 1.71. The lowest was 0.28. And the median was 0.62.

FUN's Quick Ratio is ranked worse than
89.05% of 840 companies
in the Travel & Leisure industry
Industry Median: 1.16 vs FUN: 0.28

Six Flags Entertainment Quick Ratio Historical Data

The historical data trend for Six Flags Entertainment's Quick Ratio 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.

Six Flags Entertainment Quick Ratio Chart

Six Flags Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 0.61 0.50 0.42 0.35

Six Flags Entertainment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.39 0.32 0.35 0.28

Competitive Comparison of Six Flags Entertainment's Quick Ratio

For the Leisure subindustry, Six Flags Entertainment's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Six Flags Entertainment's Quick Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Six Flags Entertainment's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Six Flags Entertainment's Quick Ratio falls into.


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Six Flags Entertainment Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Six Flags Entertainment's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(399.87-71.104)/926.677
=0.35

Six Flags Entertainment's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(379.321-84.634)/1035.89
=0.28

* 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.


Six Flags Entertainment  (NYSE:FUN) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Six Flags Entertainment Quick Ratio Related Terms

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Six Flags Entertainment Business Description

Traded in Other Exchanges
Address
8701 Red Oak Boulevard, Charlotte, NC, USA, 28217
Six Flags Entertainment Corp is North America's regional amusement resort operator with approximately 27 amusement parks, around 15 separately gated water parks, and nine resort properties across the U.S., Canada, and Mexico. It provides coasters, themed rides, thrilling water parks, resorts, and a portfolio of beloved intellectual properties such as Looney Tunes, DC Comics, and PEANUTS.
Executives
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Monica Sauls officer: Senior VP CHRO ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Nina Barton director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Jennifer Mason director C/O CEDAR FAIR, 8701 RED OAK BLVD., CHARLOTTE NC 28217
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
Scott John M Iii director ONE CEDAR POINT DR, SANDUSKY OH 44870
Brian C Witherow officer: V.P. & Corporate Controller ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Richard Zimmerman officer: VP & GM - Great America ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Milkie Duffield officer: V.P. & General Counsel ONE CEDAR POINT DR, SANDUSKY OH 44870