Six Historical Cash Flow
| FUN Stock | USD 30.75 1.31 4.45% |
Analysis of Six Flags cash flow over time is an excellent tool to project Six Flags Entertainment future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Begin Period Cash Flow of 53.8 M or Depreciation of 334 M as it is a great indicator of Six Flags ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Six Flags Entertainment latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Six Flags Entertainment is a good buy for the upcoming year.
Check out Investing Opportunities 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 closely tied with the direction of predictive economic indicators such as signals in employment. About Six Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Six balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Six's non-liquid assets can be easily converted into cash.
Six Flags Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Six Flags Entertainment to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Six Flags operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Six Flags' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities 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 closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Six Flags' Change To Inventory is very stable compared to the past year. Sale Purchase Of Stock is expected to grow at the current pace this year, though Change In Working Capital is likely to grow to (99 M).
| 2023 | 2024 | 2025 (projected) | Capital Expenditures | 220.4M | 320.8M | 336.9M | Dividends Paid | 61.1M | 30.8M | 29.2M |
Six Flags cash flow statement Correlations
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Six Flags Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Six Flags cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 194.5M | (315.6M) | 40.1M | (35.7M) | 17.7M | 18.6M | |
| Free Cash Flow | (545.6M) | 142.0M | 224.3M | 105.3M | 52.6M | 78.2M | |
| Change In Working Capital | (69.0M) | 44.7M | 64.8M | 10.4M | (104.2M) | (99.0M) | |
| Begin Period Cash Flow | 182.3M | 376.7M | 61.1M | 101.2M | 65.5M | 53.8M | |
| Total Cashflows From Investing Activities | (120.8M) | (57.8M) | 126.6M | (220.4M) | (472.6M) | (449.0M) | |
| Other Cashflows From Financing Activities | 1.2B | (5.7M) | (7.2M) | (4.6M) | (104.4M) | (99.2M) | |
| Depreciation | 157.5M | 148.8M | 153.3M | 158.0M | 318.1M | 334.0M | |
| Other Non Cash Items | 127.3M | 13.9M | (143.0M) | 16.9M | 121.6M | 127.7M | |
| Dividends Paid | 210.0M | 53.0M | 33.5M | 61.1M | 30.8M | 29.2M | |
| Capital Expenditures | 129.1M | 59.2M | 183.4M | 220.4M | 320.8M | 336.9M | |
| Total Cash From Operating Activities | (416.5M) | 201.2M | 407.7M | 325.7M | 373.4M | 197.6M | |
| Net Income | (590.2M) | (48.5M) | 307.7M | 124.6M | (206.7M) | (196.3M) | |
| Total Cash From Financing Activities | 730.9M | (466.4M) | (489.6M) | (143.0M) | 118.0M | 123.9M | |
| End Period Cash Flow | 376.7M | 61.1M | 101.2M | 65.5M | 83.2M | 52.6M | |
| Other Cashflows From Investing Activities | (270.2M) | 8.3M | 1.4M | 310M | (151.8M) | (144.2M) | |
| Change To Inventory | (14.5M) | 15.4M | (13.4M) | 1.3M | 9.6M | 10.1M | |
| Change To Account Receivables | 28.7M | (27.7M) | (9.1M) | (8.4M) | (7.6M) | (7.2M) | |
| Sale Purchase Of Stock | (8.4M) | (4.3M) | (4.6M) | (4.7M) | (184.6M) | (77.3M) | |
| Change To Netincome | 32.3M | 94.5M | 50.2M | (141.3M) | (162.5M) | (154.4M) | |
| Change To Liabilities | 26.9M | (4.7M) | 68.0M | (5.1M) | (5.9M) | (5.6M) | |
| Stock Based Compensation | (209K) | 15.4M | 20.6M | 22.6M | 63.6M | 66.8M | |
| Net Borrowings | 500M | 788.0M | (461.1M) | (264.3M) | (237.8M) | (225.9M) | |
| Cash And Cash Equivalents Changes | 73.3M | 193.5M | (323.0M) | 44.8M | 40.3M | 42.3M | |
| Cash Flows Other Operating | 9.4M | (87.9M) | (5.1M) | 115.7M | 104.1M | 109.3M | |
| Investments | 2.7M | 1.7M | 2.8M | (220.4M) | (472.6M) | (449.0M) | |
| Change Receivables | (8.2M) | 28.7M | (27.7M) | (9.1M) | (8.2M) | (8.6M) | |
| Change To Operating Activities | 14.3M | (7.0M) | 35.5M | 9.2M | 10.6M | 11.1M |
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 against Six Stock
| 0.65 | BKE | Buckle Inc | PairCorr |
| 0.64 | RRR | Red Rock Resorts Earnings Call Today | PairCorr |
| 0.62 | EPSM | Epsium Enterprise | PairCorr |
| 0.55 | FL | Foot Locker | PairCorr |
| 0.5 | ANF | Abercrombie Fitch | 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.Check out Investing Opportunities 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 closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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) | Earnings Share (2.79) | Revenue Per Share | Quarterly Revenue Growth 0.988 | Return On Assets |
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.