$SEAS – Seaworld (2019)
Net income: 90 mln.
Depreciation & Amortization: $160 mln
Operating Expenses: $650 mln
Cash & Cash equivalents: $40mln
Loans: $1.5 bln
Interest paid per year: $84 mln
100% revenue comes from people coming to their theme parks.
They don’t at all seem poised to cover all their static costs if money dries up and those giant tanks don’t maintain themselves!
In fact 30% of their revenue comes from the Orlando location, and we’ve already had coronavirus reports in Florida. You know those boomers are gonna he spreading this shit around.
This shit stock was only worth $12 two years ago and had a idiotic bull run to $36. It’s dropped down to $21 now but it’s still early this shits got a lot of room to run.
If they have to close for a month.. they are completely fucked.
TLDR: $SEAS $15p 9/18
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.