How much is Six Flags in debt?

How much is Six Flags in debt? As of January 1, 2023, the company had total reported debt of $2,381 million , and cash or cash equivalents of $80 million .

What is Six Flags debt ratio?

Six Flags Entertainment Debt to Equity Ratio: -2.363 for June 30, 2023.

Which Six Flags got destroyed?

Inside the abandoned Six Flags New Orleans park But besides being used for a few movies like 'Jurassic World,' the gates have been shuttered since August 21, 2005 – eight days before Hurricane Katrina hit Louisiana.

How much did Six Flags payout lawsuit?

Six Flags Great America agrees to $36M settlement over use of finger-scan entry gates. Six Flags Great America has agreed to a $36 million settlement to end a class-action lawsuit over the amusement park's use of finger-scan entry gates.

What was Six Flags sued for?

The shareholder case alleges that Six Flags misled investors in 2018 and 2019 about the company's progress on an ambitious plan to expand its international footprint with the construction of as many as 20 new theme parks in China. By early 2020, the plan was in tatters.

How to get banned from 6 flags?

Why doesn t Florida have Six Flags?

A Storm Ends the Fun for Six Flags In 1992, Hurricane Andrew pummeled South Florida and the water park closed for good. Efforts to relocate the park to other areas in Florida failed as well. These days, Six Flags fans living in Florida have to drive north to Georgia to find the nearest park.

Why does Six Flags have so much debt?

Six Flags has historically relied on debt financing to invest in capital projects like new rides at its properties, and the cash flow constraints during the pandemic made its leverage more severe.

Is Six Flags getting sued?

Six Flags Great America has agreed to a $36 million settlement to end a class-action lawsuit over the amusement park's use of finger-scan entry gates. Six Flags doesn't admit to any fault or liability as part of the agreement, which is subject to final approval at a court hearing in October.

Why is Six Flags getting sued?

Six Flags sued by California man after fire on Mr. Freeze ride traps riders in their seats. In April 2022, seven people were treated after an electrical malfunction caused smoke inside the Mr.

Why is Six Flags declining?

Total revenue for the full year decreased by $139m compared to 2021. Again, this was due to lower attendance, driven by higher prices, the removal of free tickets, and fewer discounts. Six Flags had a net income of $109m in 2022, compared to $130m in the prior year.

How much money does Six Flags make in a day?

Six Flags makes $3.7M in a day. In a single month, Six Flags normally makes close to $113.2M in revenue.

Has anyone ever sued Six Flags?

Stacy Rosenbach, the lead plaintiff in the case against Six Flags, sued the Gurnee amusement park in 2016 on behalf of her son, Alexander, who provided his fingerprint to gain entry, without first giving his consent. The case eventually reached the Illinois Supreme Court.

Is Six Flags doing well financially?

Total revenue for full year 2022 decreased $139 million , or 9%, compared to 2021, driven by lower attendance, partially offset by higher guest spending per capita. The lower attendance was driven by an increase in ticket prices and the elimination of free tickets and heavily-discounted pass products.

Did Six Flags declare bankruptcies?

Six Flags and certain of its domestic subsidiaries filed Chapter 11 bankruptcy on June 13, 2009, and emerged from Chapter 11 on April 30, 2010.

How much does 6 flags make a year?

Amusement park company Six Flags Entertainment generated approximately 1.36 billion U.S. dollars in revenue in 2022.

Why does Texas fly Six Flags?

Six different governments have controlled Texas and six national flags have flown over Texas since the first European exploration of the region by Cortez in 1519. The six flags are the Spanish, French, Mexican, Republic of Texas, Texas Confederacy, and finally the United States Flag.