Six Flags Entertainment Corporation (FUN) Balance Sheet
FUN balance sheet, 2025
December 31, 2025 · U.S. dollars$7.80B assets = $7.01B liabilities + $784.8M equity
Both columns are drawn to the same scale: what FUN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FUN financial health
Descriptive bands, not a rating. Fiscal 2025.
FUN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.97B2016 | $7.80B2025 | +16.5%/yr | |
| Total liabilities | $1.91B2016 | $7.01B2025 | +15.5%/yr | |
| Shareholders’ equity | $2.9M2016 | $549.8M2025 | +78.8%/yr | |
| Cash & short-term investments | $122.7M2016 | $91.1M2025 | −3.3%/yr | |
| Total debt | $1.54B2016 | $5.40B2025 | +15.0%/yr | |
| Net cash (debt) | −$1.41B2016 | −$5.31B2025 | −$3.9B | |
| Working capital | −$47.0M2016 | −$212.2M2025 | −$165.2M | |
| Book value per share | $0.052016 | $5.422025 | +67.6%/yr | |
| Current ratio | 0.812016 | 0.692025 | −0.12 | |
| Debt / equity | 522.612016 | 9.822025 | −512.78 | |
| Shares outstanding | 56.6M2016 | 101.5M2025 | +6.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FUN assets
FUN liabilities and equity
FUN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FUN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $91.1M | $83.2M | $65.8M | $101.6M | $61.6M | $377.0M | $182.5M | $105.3M | $166.2M | $122.7M |
| Cash & equivalents | $91.1M | $83.2M | $65.5M | $101.2M | $61.1M | $376.7M | $182.3M | $105.3M | $166.2M | $122.7M |
| Short-term investments | $193,000 | $290,000 | $319,000 | $432,000 | $478,000 | $280,000 | $275,000 | $511,000 | $736,000 | $0 |
| Receivables | $160.3M | $164.9M | $79.5M | $70.9M | $146.2M | $103.5M | $63.1M | $51.5M | $37.7M | $35.4M |
| Inventory | $68.5M | $71.1M | $41.0M | $45.3M | $32.1M | $47.5M | $32.9M | $30.8M | $29.7M | $26.3M |
| Other current assets | $152.9M | $80.7M | $22.5M | $25.9M | $23.8M | $26.5M | $15.6M | $12.6M | $13.3M | $11.3M |
| Total current assets | $472.9M | $399.9M | $208.8M | $243.8M | $263.6M | $554.5M | $294.2M | $200.2M | $247.0M | $195.7M |
| Property, plant & equipment (net) | $7.57B | $4.52B | $1.72B | $1.68B | $1.73B | $1.82B | $1.86B | $1.60B | $1.59B | $1.54B |
| Goodwill & intangible assets | $2.79B | $4.19B | $313.7M | $312.2M | $317.2M | $317.2M | $419.6M | $215.1M | $221.9M | $217.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $12.1M | $1.5M | $50.9M | $37.7M | $54.7M | $41.9M | $9.4M | $9.5M | $20.8M |
| Total assets | $7.80B | $9.13B | $2.24B | $2.28B | $2.35B | $2.74B | $2.61B | $2.02B | $2.06B | $1.97B |
| Liabilities | ||||||||||
| Accounts payable | $74.2M | $107.1M | $37.6M | $55.0M | $53.9M | $14.3M | $29.3M | $23.3M | $24.6M | $20.9M |
| Short-term debt | $15.0M | $210.0M | $13.3M | $12.0M | $2.0M | $1.7M | $9.7M | $5.6M | $44.0M | $2.8M |
| Deferred revenue | $293.1M | $302.3M | $183.7M | $162.7M | $187.6M | $183.4M | $151.4M | $107.1M | $86.1M | $82.8M |
| Total current liabilities | $685.1M | $926.7M | $402.7M | $397.0M | $381.5M | $300.0M | $324.1M | $234.7M | $225.5M | $242.7M |
| Long-term debt | $5.17B | $4.72B | $2.28B | $2.27B | $2.52B | $2.95B | $2.15B | $1.66B | $1.66B | $1.53B |
| Lease obligations | $219.3M | $230.4M | $72.0M | $81.8M | $13.3M | $10.5M | $10.6M | — | — | — |
| Other long-term liabilities | $1.16B | $1.20B | $145.3M | $208.6M | $143.6M | $154.2M | $151.5M | $99.5M | $95.2M | $135.8M |
| Total liabilities | $7.01B | $6.85B | $2.82B | $2.87B | $3.04B | $3.41B | $2.62B | $1.99B | $1.98B | $1.91B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | −$602.9M | −$612.5M | −$712.7M | −$674.3M | −$25.0M | $5.8M | $81.6M | $52.3M |
| Retained earnings (deficit) | −$1.76B | −$164.3M | — | $307.7M | −$48.5M | — | — | — | $0 | $0 |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $66.6M | −$2.3M | $20.0M | $15.6M | $8.9M | $2.6M | $9.7M | $21.3M | −$3.9M | $2.9M |
| Minority interest | $235.0M | $241.8M | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $549.8M | $2.04B | −$583.0M | −$596.9M | −$703.8M | −$671.7M | −$15.3M | $21.3M | $82.9M | $2.9M |
| Key figures | ||||||||||
| Total debt | $5.40B | $5.16B | $2.36B | $2.36B | $2.53B | $2.97B | $2.17B | $1.66B | $1.70B | $1.54B |
| Net cash (debt) | −$5.31B | −$5.08B | −$2.29B | −$2.26B | −$2.47B | −$2.59B | −$1.98B | −$1.56B | −$1.54B | −$1.41B |
| Working capital | −$212.2M | −$526.8M | −$193.9M | −$153.2M | −$117.9M | $254.5M | −$30.0M | −$34.5M | $21.5M | −$47.0M |
| Tangible book value | −$2.24B | −$2.15B | −$896.6M | −$909.0M | −$1.02B | −$989.0M | −$434.8M | −$193.8M | −$138.9M | −$214.6M |
| Book value per share | $5.42 | $20.35 | −$11.32 | −$10.58 | −$12.43 | −$11.89 | −$0.27 | $0.37 | $1.46 | $0.05 |
| Shares outstanding | 101.5M | 100.3M | 51.5M | 56.4M | 56.6M | 56.5M | 56.9M | 56.9M | 56.8M | 56.6M |
| Current ratio | 0.69 | 0.43 | 0.52 | 0.61 | 0.69 | 1.85 | 0.91 | 0.85 | 1.10 | 0.81 |
| Quick ratio | 0.37 | 0.27 | 0.36 | 0.43 | 0.54 | 1.60 | 0.76 | 0.67 | 0.90 | 0.65 |
| Debt / equity | 9.82 | 2.53 | — | — | — | — | — | 78.15 | 20.55 | 522.61 |
| Equity / assets | 7.0% | 22.4% | −26.0% | −26.2% | −30.0% | −24.5% | −0.6% | 1.1% | 4.0% | 0.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $134.5M | $116.7M | $91.1M | $70.9M | $107.4M | $61.5M | $83.2M | $89.7M | $53.3M | $35.4M | $65.8M | $134.7M |
| Cash & equivalents | $134.5M | $116.5M | $91.1M | $70.7M | $107.4M | $61.5M | $83.2M | $89.7M | $52.9M | $35.1M | $65.5M | $134.4M |
| Short-term investments | — | $145,000 | $193,000 | $249,000 | $311,000 | $251,000 | $290,000 | $304,000 | $399,000 | $293,000 | $319,000 | $338,000 |
| Receivables | $257.6M | $177.3M | $160.3M | $280.9M | $220.4M | $146.1M | $164.9M | $201.7M | $114.6M | $61.5M | $79.5M | $88.3M |
| Inventory | $80.1M | $71.5M | $68.5M | $84.9M | $99.1M | $84.6M | $71.1M | $89.8M | $61.5M | $55.9M | $41.0M | $54.9M |
| Other current assets | $78.0M | $465.3M | $152.9M | $63.9M | $86.4M | $0 | $80.7M | $75.8M | $42.1M | $37.4M | $22.5M | $27.4M |
| Total current assets | $550.2M | $830.8M | $472.9M | $500.6M | $513.3M | $292.2M | $399.9M | $457.0M | $271.4M | $190.2M | $208.8M | $305.3M |
| Property, plant & equipment (net) | $4.10B | $4.10B | $7.57B | $4.58B | $4.63B | $7.26B | $4.52B | $7.76B | $1.76B | $1.76B | $1.72B | $1.70B |
| Goodwill & intangible assets | $2.76B | $2.75B | $2.79B | $2.79B | $4.30B | $4.20B | $4.19B | $3.68B | $311.2M | $312.0M | $313.7M | $312.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $22.6M | $23.1M | $0 | $22.3M | $16.6M | $0 | $12.1M | $0 | $1.1M | $1.3M | $1.5M | $2.3M |
| Total assets | $7.44B | $7.71B | $7.80B | $7.89B | $9.45B | $11.76B | $9.13B | $11.83B | $2.35B | $2.26B | $2.24B | $2.32B |
| Liabilities | ||||||||||||
| Accounts payable | $173.2M | $115.2M | $74.2M | $117.6M | $160.9M | $128.9M | $107.1M | $120.4M | $84.1M | $52.8M | $37.6M | $56.1M |
| Short-term debt | $15.0M | $15.0M | $42.0M | $15.0M | $15.0M | $439.2M | $210.0M | $210.0M | $10.0M | $68.6M | $13.3M | $44.9M |
| Deferred revenue | $416.1M | $345.8M | $293.1M | $333.1M | $453.4M | $368.6M | $302.3M | $330.9M | $281.8M | $225.7M | $183.7M | $186.2M |
| Total current liabilities | $1.31B | $1.22B | $685.1M | $860.3M | $992.0M | $936.7M | $926.7M | $1.14B | $539.9M | $424.3M | $402.7M | $446.5M |
| Long-term debt | $4.97B | $5.34B | $5.17B | $5.01B | $5.27B | $5.04B | $4.72B | $4.57B | $2.35B | $2.44B | $2.28B | $2.27B |
| Lease obligations | $170.3M | $176.0M | $219.3M | $214.2M | $229.2M | $229.2M | $230.4M | $236.8M | $66.9M | $68.6M | $72.0M | $75.0M |
| Other long-term liabilities | $798.1M | $639.0M | $1.16B | $1.16B | $1.17B | $0 | $1.20B | $0 | $141.2M | $135.0M | $145.3M | $165.0M |
| Total liabilities | $7.32B | $7.19B | $7.01B | $7.03B | $7.43B | $1.29B | $6.85B | $1.37B | $3.03B | $3.00B | $2.82B | $2.88B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | −$702.0M | −$751.2M | −$602.9M | −$586.1M |
| Retained earnings (deficit) | −$2.23B | −$2.03B | −$1.76B | −$1.67B | −$483.6M | −$384.0M | −$164.3M | $111.0M | — | — | — | — |
| Accumulated other comprehensive income | $88.1M | $64.9M | $66.6M | $57.5M | $43.3M | $6.9M | −$2.3M | $14.0M | $14.7M | $15.0M | $20.0M | $15.0M |
| Minority interest | $239.7M | $235.0M | $235.0M | $247.3M | $247.3M | — | — | — | — | — | — | — |
| Total shareholders' equity | $114.7M | $279.2M | $549.8M | $614.3M | $1.77B | $10.46B | $2.04B | $10.45B | −$687.4M | −$736.2M | −$583.0M | −$571.1M |
| Key figures | ||||||||||||
| Total debt | $5.16B | $5.53B | $5.43B | $5.24B | $5.52B | $439.2M | $5.16B | $446.8M | $2.43B | $2.50B | $2.36B | $2.35B |
| Net cash (debt) | −$5.02B | −$5.41B | −$5.34B | −$5.17B | −$5.41B | −$377.7M | −$5.08B | −$357.1M | −$2.37B | −$2.47B | −$2.29B | −$2.21B |
| Working capital | −$760.6M | −$384.4M | −$212.2M | −$359.7M | −$478.6M | −$644.5M | −$526.8M | −$683.6M | −$268.5M | −$234.1M | −$193.9M | −$141.1M |
| Tangible book value | −$2.65B | −$2.47B | −$2.24B | −$2.17B | −$2.52B | $6.26B | −$2.15B | $6.77B | −$998.5M | −$1.05B | −$896.6M | −$883.5M |
| Book value per share | $1.13 | $2.75 | $5.42 | $6.10 | $17.63 | $104.55 | $20.35 | $103.52 | −$13.37 | −$14.53 | −$11.43 | −$11.16 |
| Shares outstanding | 101.7M | 101.5M | 101.5M | 100.7M | 100.7M | 100.1M | 100.3M | 101.0M | 51.4M | 50.7M | 51.0M | 51.1M |
| Current ratio | 0.42 | 0.68 | 0.69 | 0.58 | 0.52 | 0.31 | 0.43 | 0.40 | 0.50 | 0.45 | 0.52 | 0.68 |
| Quick ratio | 0.30 | 0.24 | 0.37 | 0.41 | 0.33 | 0.22 | 0.27 | 0.26 | 0.31 | 0.23 | 0.36 | 0.50 |
| Debt / equity | 44.95 | 19.81 | 9.87 | 8.53 | 3.11 | 0.04 | 2.53 | 0.04 | — | — | — | — |
| Equity / assets | 1.5% | 3.6% | 7.0% | 7.8% | 18.8% | 89.0% | 22.4% | 88.4% | −29.3% | −32.5% | −26.0% | −24.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
FUN financial position
At the end of fiscal 2025 (December 31, 2025), Six Flags Entertainment had total assets of $7.8 billion (down 14.6% from a year earlier), total liabilities of $7.0 billion and shareholders' equity of $549.8 million. It held $91.1 million in cash and short-term investments against $5.4 billion of debt, net debt of $5.3 billion. Its current ratio was 0.69. In the latest quarter (ended June 30, 2026) total assets were $7.4 billion and equity $114.7 million.
Related: FUN income statement, FUN cash flow statement, FUN key metrics. See the FUN stock overview for the latest quote and news.
FUN balance sheet FAQ
What are Six Flags Entertainment's total assets?
Six Flags Entertainment reported total assets of $7.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $9.1 billion a year earlier.
How much debt does Six Flags Entertainment have?
Six Flags Entertainment had $5.4 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 9.82.
How much cash does Six Flags Entertainment have?
Six Flags Entertainment held $91.1 million in cash and short-term investments at the end of fiscal 2025; with $5.4 billion of debt that is net debt of $5.3 billion.
What is Six Flags Entertainment's book value?
Six Flags Entertainment's shareholders' equity (book value) was $549.8 million at the end of fiscal 2025, or $5.42 per share.
What is Six Flags Entertainment's current ratio?
Six Flags Entertainment had current assets of $472.9 million and current liabilities of $685.1 million, a current ratio of 0.69 (current liabilities exceed current assets).
How much goodwill does Six Flags Entertainment have?
Six Flags Entertainment carried $2.8 billion of goodwill and intangible assets, 35.8% of total assets, at the end of fiscal 2025.