The Interpreter Posted September 14, 2010 Share Posted September 14, 2010 Below are the top five companies in the Leisure Facilities industry as measured by their Debt To Asset ratio.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. Cedar Fair (NYSE:FUN) has a Debt/Asset ratio of 0.75x based on total debt of $1.7 billion.... http://www.mysmartre...ustry-fun-club- I hear the company is wrestling with the debt load and its relatively bleeding red balance sheet. Quote Link to comment Share on other sites More sharing options...
Dvo Posted September 14, 2010 Share Posted September 14, 2010 Another reason why I think the addition of WindSeeker(s) across the board is a good idea for next year. They got relatively inexpensive attractions across the board that can be marketed as major thrill rides. And I think if they maintain or increase their attendance numbers, next year could be very profitable for CF. Now it's just whether or not reducing their debt is their main priority... Quote Link to comment Share on other sites More sharing options...
Pedro Cerrano Posted September 14, 2010 Share Posted September 14, 2010 Below are the top five companies in the Leisure Facilities industry as measured by their Debt To Asset ratio.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. Cedar Fair (NYSE:FUN) has a Debt/Asset ratio of 0.75x based on total debt of $1.7 billion.... http://www.mysmartre...ustry-fun-club- I hear the company is wrestling with the debt load and its relatively bleeding red balance sheet. Are you saying their debt to asset ratio comes up a "little short"? Quote Link to comment Share on other sites More sharing options...
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