To see interest
payments, click here
and use the payments
drop-down to select
Principal and Interest.
are managing their liabilities in general. To do that, click on the
+Edit/Add Criteria button. Enter “DIS” in the Entity 2 field, click
on the DIS US Equity match, and then click on the Close button
(FIG. 3).
global theme parks. To a lesser extent, Six Flags’ strategy is also
different from that of Comcast Corp.’s Universal Studios.
Run {DDIS <GO>} to use the Debt Distribution function to
assess Six Flags’ debt maturity profile (FIG. 2). Depending on
when crowds will be able to return to local entertainment parks
such as Six Flags, the company has time before its bond principal
payments are due in 2024 and 2027 and a bank loan facility matures
in 2026.
Fig. 3 Comparing Six Flags with Disney lets you get a sense of how the
two companies are managing their liabilities.
Fig. 2 To assess Six Flags’ interest payments and debt maturities,
go to {SIX US <Equity> DDIS <GO>}.
- Six Flags has a strategy of focusing on membership and
season-pass sales for its U.S. parks. It’s an approach that racks
up revenue in advance of the season—reducing exposure to inclem-
ent weather and single-day ticket sales. Six Flags tries to maximize
attendance and length of stay by investing in new rides and
attractions, making it a classic high-fixed-cost, low-variable-
expense operating company. That contrasts with Walt Disney Co.,
which generates revenue from other product lines in addition to
- Six Flags and Disney have vastly different risk profiles
considering their business models, revenue mixes, and operating
cash flows. Yet comparing the two companies in DDIS can help
you see how they stack up in terms of their debt—and how they
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