United Parks & Resorts Inc. (PRKS) Balance Sheet
PRKS balance sheet, 2025
December 31, 2025 · U.S. dollars$2.62B assets = $3.05B liabilities + −$435.8M equity
Liabilities exceed assets: shareholders’ equity is negative (−$435.8M).
Both columns are drawn to the same scale: what PRKS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PRKS financial health
Descriptive bands, not a rating. Fiscal 2025.
PRKS balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.38B2016 | $2.62B2025 | +1.1%/yr | |
| Total liabilities | $1.92B2016 | $3.05B2025 | +5.3%/yr | |
| Shareholders’ equity | $461.2M2016 | −$435.8M2025 | — | |
| Cash & short-term investments | $69.4M2016 | $99.8M2025 | +4.1%/yr | |
| Total debt | $1.58B2016 | $2.35B2025 | +4.5%/yr | |
| Net cash (debt) | −$1.51B2016 | −$2.25B2025 | −$740.7M | |
| Working capital | −$109.9M2016 | −$101.9M2025 | +$8.0M | |
| Book value per share | $5.432016 | −$7.932025 | — | |
| Current ratio | 0.582016 | 0.742025 | +0.15 | |
| Debt / equity | 3.432016 | 7.952019 | +4.52 | |
| Shares outstanding | 84.9M2016 | 55.0M2025 | −4.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PRKS assets
PRKS liabilities and equity
PRKS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PRKS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $99.8M | $115.9M | $246.9M | $79.2M | $443.7M | $433.9M | $39.9M | $35.0M | $34.0M | $69.4M |
| Cash & equivalents | $99.8M | $115.9M | $246.9M | $79.2M | $443.7M | $433.9M | $39.9M | $35.0M | $34.0M | $69.4M |
| Receivables | $87.1M | $79.4M | $73.8M | $71.0M | $76.9M | $30.4M | $82.6M | $58.0M | $42.4M | $36.7M |
| Inventory | $51.6M | $45.8M | $49.2M | $55.2M | $29.5M | $30.7M | $33.2M | $35.8M | $30.9M | $28.7M |
| Other current assets | $44.3M | $29.2M | $20.2M | $28.3M | $17.3M | $12.4M | $13.4M | $17.8M | $11.5M | $18.9M |
| Total current assets | $282.8M | $270.4M | $390.2M | $233.7M | $567.4M | $507.4M | $169.1M | $146.6M | $118.8M | $153.7M |
| Property, plant & equipment (net) | $4.26B | $2.02B | $1.97B | $1.84B | $1.78B | $1.80B | $1.87B | $1.69B | $1.68B | $1.67B |
| Goodwill & intangible assets | $256.4M | $224.1M | $224.0M | $223.3M | $223.3M | $223.3M | $223.3M | $244.8M | $250.2M | $526.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $61.9M | $41.5M | $31.7M | $42.3M | $38.1M | $33.2M | $32.2M | $41.6M | $31.9M |
| Total assets | $2.62B | $2.57B | $2.63B | $2.33B | $2.61B | $2.57B | $2.30B | $2.12B | $2.09B | $2.38B |
| Liabilities | ||||||||||
| Accounts payable | $152.9M | $163.6M | $160.6M | $159.9M | $134.3M | $105.4M | $131.5M | $120.0M | $100.6M | $87.7M |
| Short-term debt | $20.7M | $19.5M | $15.4M | $15.4M | $14.9M | $19.3M | $69.4M | $45.6M | $38.7M | $51.7M |
| Deferred revenue | $143.3M | $152.7M | $155.6M | $169.5M | $154.8M | $130.8M | $104.4M | $101.1M | $79.6M | $78.9M |
| Total current liabilities | $384.7M | $412.9M | $410.9M | $409.2M | $372.0M | $317.1M | $402.7M | $310.7M | $253.5M | $263.6M |
| Long-term debt | $2.22B | $2.23B | $2.09B | $2.10B | $2.10B | $2.18B | $0 | $0 | $0 | $0 |
| Lease obligations | $115.1M | $119.2M | $116.1M | $118.8M | $119.9M | $123.9M | — | — | — | — |
| Other long-term liabilities | $449.6M | $393.5M | $329.2M | $255.2M | $167.4M | $177.9M | $1.69B | $1.54B | $1.54B | $1.65B |
| Total liabilities | $3.05B | $3.04B | $2.83B | $2.76B | $2.64B | $2.67B | $2.09B | $1.85B | $1.80B | $1.92B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $973,000 | $971,000 | $967,000 | $963,000 | $955,000 | $946,000 | $940,000 | $934,000 | $926,000 | $919,000 |
| Retained earnings (deficit) | $805.9M | $637.6M | $410.1M | $175.9M | −$115.3M | −$371.8M | −$59.5M | −$149.0M | −$194.8M | $7.5M |
| Accumulated other comprehensive income | — | — | — | — | — | — | −$1.6M | $2.3M | −$5.1M | −$13.7M |
| Total shareholders' equity | −$435.8M | −$461.5M | −$208.2M | −$437.7M | −$33.9M | −$105.8M | $210.9M | $265.2M | $287.5M | $461.2M |
| Key figures | ||||||||||
| Total debt | $2.35B | $2.36B | $2.22B | $2.23B | $2.24B | $2.32B | $1.68B | $1.54B | $1.54B | $1.58B |
| Net cash (debt) | −$2.25B | −$2.25B | −$1.97B | −$2.15B | −$1.79B | −$1.88B | −$1.64B | −$1.51B | −$1.51B | −$1.51B |
| Working capital | −$101.9M | −$142.4M | −$20.7M | −$175.5M | $195.4M | $190.3M | −$233.5M | −$164.1M | −$134.7M | −$109.9M |
| Tangible book value | −$692.2M | −$685.7M | −$432.3M | −$660.9M | −$257.2M | −$329.1M | −$12.4M | $20.4M | $37.3M | −$65.1M |
| Book value per share | −$7.93 | −$7.69 | −$3.23 | −$6.23 | −$0.43 | −$1.35 | $2.60 | $3.05 | $3.35 | $5.43 |
| Shares outstanding | 55.0M | 60.0M | 64.5M | 70.3M | 79.6M | 78.2M | 81.0M | 86.9M | 85.8M | 84.9M |
| Current ratio | 0.74 | 0.65 | 0.95 | 0.57 | 1.53 | 1.60 | 0.42 | 0.47 | 0.47 | 0.58 |
| Quick ratio | 0.49 | 0.47 | 0.78 | 0.37 | 1.40 | 1.46 | 0.30 | 0.30 | 0.30 | 0.40 |
| Debt / equity | — | — | — | — | — | — | 7.95 | 5.81 | 5.37 | 3.43 |
| Equity / assets | −16.7% | −17.9% | −7.9% | −18.8% | −1.3% | −4.1% | 9.2% | 12.5% | 13.8% | 19.4% |
| 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 | $19.1M | $28.9M | $99.8M | $183.2M | $193.9M | $75.7M | $115.9M | $76.8M | $232.1M | $203.7M | $246.9M | $215.2M |
| Cash & equivalents | $19.1M | $28.9M | $99.8M | $183.2M | $193.9M | $75.7M | $115.9M | $76.8M | $232.1M | $203.7M | $246.9M | $215.2M |
| Receivables | $100.3M | $91.2M | $77.3M | $85.1M | $94.0M | $80.5M | $79.4M | $86.6M | $100.8M | $80.4M | $73.8M | $80.1M |
| Inventory | $58.9M | $57.0M | $51.6M | $52.1M | $53.4M | $50.6M | $45.8M | $50.9M | $52.5M | $51.0M | $49.2M | $54.6M |
| Other current assets | $65.4M | $64.3M | $54.1M | $86.5M | $57.9M | $49.5M | $29.2M | $41.8M | $45.3M | $41.7M | $20.2M | $25.9M |
| Total current assets | $243.7M | $241.4M | $282.8M | $406.9M | $399.2M | $256.3M | $270.4M | $256.1M | $430.7M | $376.9M | $390.2M | $375.8M |
| Property, plant & equipment (net) | $2.11B | $2.08B | $2.04B | $2.04B | $2.04B | $2.03B | $2.02B | $2.03B | $2.05B | $2.02B | $1.97B | $1.94B |
| Goodwill & intangible assets | $224.1M | $224.1M | $224.1M | $224.1M | $224.1M | $224.1M | $224.1M | $224.1M | $224.1M | $224.1M | $224.0M | $223.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $66.2M | $64.4M | $66.7M | $72.8M | $68.6M | $63.2M | $57.1M | $64.5M | $56.0M | $44.5M | $41.5M | $40.4M |
| Total assets | $2.64B | $2.61B | $2.62B | $2.74B | $2.73B | $2.57B | $2.57B | $2.58B | $2.76B | $2.67B | $2.63B | $2.58B |
| Liabilities | ||||||||||||
| Accounts payable | $194.6M | $170.7M | $152.9M | $139.3M | $169.4M | $151.4M | $163.6M | $144.4M | $184.0M | $181.1M | $160.6M | $146.7M |
| Short-term debt | $18.7M | $18.7M | $20.7M | $19.6M | $19.6M | $19.6M | $19.5M | $19.5M | $19.3M | $15.4M | $15.4M | $15.4M |
| Deferred revenue | $211.9M | $203.8M | $143.3M | $145.5M | $207.8M | $195.9M | $152.7M | $155.7M | $230.5M | $209.9M | $155.6M | $161.1M |
| Total current liabilities | $525.5M | $454.9M | $384.7M | $375.0M | $482.7M | $434.8M | $412.9M | $398.4M | $523.3M | $489.9M | $410.9M | $406.5M |
| Long-term debt | $2.26B | $2.24B | $2.22B | $2.22B | $2.22B | $2.23B | $2.23B | $2.23B | $2.24B | $2.09B | $2.09B | $2.09B |
| Lease obligations | $129.1M | $127.1M | $115.1M | $116.2M | $117.2M | $118.2M | $119.2M | $120.1M | $120.2M | $118.4M | $118.4M | $116.1M |
| Other long-term liabilities | $469.8M | $465.0M | $449.6M | $453.4M | $419.4M | $388.3M | $393.5M | $402.3M | $358.7M | $330.0M | $330.0M | $328.3M |
| Total liabilities | $3.26B | $3.16B | $3.05B | $3.05B | $3.13B | $3.05B | $3.04B | $3.04B | $3.12B | $2.91B | $2.83B | $2.83B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $974,000 | $974,000 | $973,000 | $973,000 | $972,000 | $971,000 | $971,000 | $971,000 | $970,000 | $970,000 | $967,000 | $966,000 |
| Retained earnings (deficit) | $835.1M | $771.9M | $805.9M | $790.9M | $701.6M | $621.5M | $637.6M | $609.7M | $490.0M | $398.9M | $410.1M | $370.0M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | $0 | $0 | — |
| Total shareholders' equity | −$617.0M | −$557.2M | −$435.8M | −$308.7M | −$394.9M | −$478.3M | −$461.5M | −$455.9M | −$364.9M | −$243.1M | −$208.2M | −$252.4M |
| Key figures | ||||||||||||
| Total debt | $2.41B | $2.39B | $2.35B | $2.35B | $2.36B | $2.36B | $2.36B | $2.37B | $2.38B | $2.22B | $2.22B | $2.22B |
| Net cash (debt) | −$2.39B | −$2.36B | −$2.25B | −$2.17B | −$2.16B | −$2.28B | −$2.25B | −$2.29B | −$2.14B | −$2.02B | −$1.97B | −$2.01B |
| Working capital | −$281.7M | −$213.4M | −$101.9M | $31.9M | −$83.5M | −$178.5M | −$142.4M | −$142.3M | −$92.7M | −$113.0M | −$20.7M | −$30.6M |
| Tangible book value | −$841.1M | −$781.4M | −$659.9M | −$532.9M | −$619.0M | −$702.4M | −$685.7M | −$680.0M | −$589.1M | −$467.2M | −$432.3M | −$475.7M |
| Book value per share | −$13.08 | −$11.28 | −$8.13 | −$5.57 | −$7.13 | −$8.69 | −$8.32 | −$7.91 | −$5.86 | −$3.80 | −$3.22 | −$3.92 |
| Shares outstanding | 47.2M | 49.4M | 53.6M | 55.4M | 55.4M | 55.0M | 55.5M | 57.7M | 62.3M | 64.0M | 64.7M | 64.3M |
| Current ratio | 0.46 | 0.53 | 0.74 | 1.09 | 0.83 | 0.59 | 0.65 | 0.64 | 0.82 | 0.77 | 0.95 | 0.92 |
| Quick ratio | 0.23 | 0.26 | 0.46 | 0.72 | 0.60 | 0.36 | 0.47 | 0.41 | 0.64 | 0.58 | 0.78 | 0.73 |
| Equity / assets | −23.4% | −21.4% | −16.7% | −11.3% | −14.5% | −18.6% | −17.9% | −17.7% | −13.2% | −9.1% | −7.9% | −9.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 3, 2026); data from EODHD.
PRKS financial position
At the end of fiscal 2025 (December 31, 2025), United Parks & Resorts had total assets of $2.6 billion (up 1.7% from a year earlier), total liabilities of $3.1 billion and shareholders' equity of -$435.8 million. It held $99.8 million in cash and short-term investments against $2.4 billion of debt, net debt of $2.3 billion. Its current ratio was 0.74. In the latest quarter (ended June 30, 2026) total assets were $2.6 billion and equity -$617.0 million.
Related: PRKS income statement, PRKS cash flow statement, PRKS key metrics. See the PRKS stock overview for the latest quote and news.
PRKS balance sheet FAQ
What are United Parks & Resorts's total assets?
United Parks & Resorts reported total assets of $2.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.6 billion a year earlier.
How much debt does United Parks & Resorts have?
United Parks & Resorts had $2.4 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does United Parks & Resorts have?
United Parks & Resorts held $99.8 million in cash and short-term investments at the end of fiscal 2025; with $2.4 billion of debt that is net debt of $2.3 billion.
What is United Parks & Resorts's book value?
United Parks & Resorts's shareholders' equity (book value) was -$435.8 million at the end of fiscal 2025, or −$7.93 per share.
What is United Parks & Resorts's current ratio?
United Parks & Resorts had current assets of $282.8 million and current liabilities of $384.7 million, a current ratio of 0.74 (current liabilities exceed current assets).
How much goodwill does United Parks & Resorts have?
United Parks & Resorts carried $256.4 million of goodwill and intangible assets, 9.8% of total assets, at the end of fiscal 2025.