Cedar Fair revenue breakdown by business segment: 13.2% from Accommodations, Extra-charge Products and Other, 32.1% from Food, Merchandise and Games and 54.7% from Admissions
USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|
Revenue | 1.3b | 1.3b | 1.3b | 1.5b | 181.6m |
Revenue growth, % | 4% | 3% | 2% | ||
Cost of goods sold | 106.6m | 110.8m | 114.7m | ||
Gross profit | 1.2b | 1.2b | 1.2b | ||
Gross profit Margin, % | 92% | 92% | 91% | ||
General and administrative expense | 181.8m | 193.8m | 193.3m | 222.3m | 108.1m |
Operating expense total | 733.3m | 762.7m | 1.1b | 222.3m | 212.1m |
Depreciation and amortization | 131.9m | 153.2m | 155.5m | 170.5m | 157.5m |
EBIT | 316.9m | 295.2m | 290.5m | 309.4m | (572.0m) |
EBIT margin, % | 25% | 22% | 22% | 21% | (315%) |
Interest expense | 83.9m | 85.6m | 85.7m | 100.4m | 150.7m |
Investment income | |||||
Pre tax profit | 249.1m | 216.6m | 161.4m | 215.2m | (728.2m) |
Income tax expense | 71.4m | 1.1m | 34.7m | 42.8m | (137.9m) |
Net Income | 177.7m | 215.5m | 126.7m | 172.4m | (590.2m) |
USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|
Cash | 122.7m | 166.2m | 105.3m | 182.3m | 376.7m |
Accounts Receivable | 35.4m | 37.7m | 51.5m | 63.1m | 34.4m |
Prepaid Expenses | 15.9m | ||||
Inventories | 26.3m | 29.7m | 30.8m | 32.9m | 47.5m |
Current Assets | 195.7m | 247.0m | 200.2m | 294.2m | 554.5m |
PP&E | 1.5b | 1.6b | 1.6b | 1.8b | 1.8b |
Goodwill | 179.7m | 183.8m | 178.7m | 359.7m | 267.0m |
Total Assets | 2.0b | 2.1b | 2.0b | 2.6b | 2.7b |
Accounts Payable | 20.9m | 24.6m | 23.3m | 29.3m | 14.3m |
Short-term debt | 2.8m | 5.6m | 7.5m | 33.7m | |
Current Liabilities | 242.7m | 225.5m | 234.7m | 324.1m | 300.0m |
Long-term debt | 1.5b | 1.7b | 1.7b | 4.3b | 5.9b |
Total Debt | 1.5b | 1.7b | 1.7b | 4.3b | 6.0b |
Total Equity | 60.5m | (3.9m) | 32.4m | 2.6b | 2.7b |
Debt to Equity Ratio | 25.4 x | -422.2 x | 51.3 x | ||
Debt to Assets Ratio | 0.8 x | 0.8 x | 0.8 x | ||
Financial Leverage | 32.6 x | -524.8 x | 62.4 x | 1 x | 1 x |
USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|
Net Income | 177.7m | 215.5m | 126.7m | 172.4m | (590.2m) |
Depreciation and Amortization | 131.9m | 153.2m | 155.5m | 170.5m | 157.5m |
Accounts Receivable | (5.9m) | (2.2m) | (14.0m) | (8.2m) | 28.7m |
Inventories | (1.2m) | (3.3m) | (1.2m) | (211.0k) | (14.5m) |
Accounts Payable | (407.0k) | 1.9m | 549.0k | (1.1m) | (9.9m) |
Cash From Operating Activities | 358.3m | 331.2m | 350.7m | 403.0m | (416.5m) |
Purchases of PP&E | (330.7m) | (129.1m) | |||
Capital Expenditures | (160.7m) | (188.1m) | (189.8m) | ||
Cash From Investing Activities | (161.2m) | (184.9m) | (189.7m) | (600.2m) | (120.8m) |
Long-term Borrowings | (6.0m) | (617.8m) | (5.6m) | (465.1m) | |
Cash From Financing Activities | (194.5m) | (106.4m) | (216.6m) | 270.5m | 730.9m |
Net Change in Cash | 3.2m | 43.5m | (60.9m) | 76.9m | 194.5m |
Interest Paid | 82.0m | 86.0m | 84.9m | 85.6m | 130.4m |
Income Taxes Paid | 44.5m | 56.0m | 42.2m | 40.8m | 1.8m |
Free Cash Flow | 197.7m | 143.1m | 161.0m |
USD | FY, 2016 |
---|---|
Revenue/Employee | 613.7k |
Debt/Equity | 25.4 x |
Debt/Assets | 0.8 x |
Financial Leverage | 32.6 x |