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Relatively High Debt to Asset Ratio Detected in Shares of Six Flags Entert in the Leisure Facilities Industry (SIX, FUN, SEAS, PLNT, MTN)

By James Quinn

Below are the three companies in the Leisure Facilities industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.

Six Flags Entert ranks highest with a a debt to asset ratio of 82.27. Following is Cedar Fair L.P. with a a debt to asset ratio of 80.45. Seaworld Enterta ranks third highest with a a debt to asset ratio of 73.94.

Planet Fitness-A follows with a a debt to asset ratio of 64.42, and Vail Resorts rounds out the top five with a a debt to asset ratio of 30.95.

SmarTrend recommended that subscribers consider buying shares of Vail Resorts on February 11th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $201.55. Since that recommendation, shares of Vail Resorts have risen 17.1%. We continue to monitor Vail Resorts for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio six flags entert cedar fair l.p. seaworld enterta planet fitness-a vail resorts

Ticker(s): SIX FUN SEAS PLNT MTN