SeaWorld is likely to be on the path to bankruptcy. With a cash-to-debt ratio of 0.18x, the company’s balance sheet is overleveraged and it’s unlikely that the reopening of parks will help it to survive.
SeaWorld is likely to be on the path to bankruptcy. With a cash-to-debt ratio of 0.18x, the company’s balance sheet is overleveraged and it’s unlikely that the reopening of parks will help it to survive.