Hasbro Inc (HAS)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 694,700 | 696,100 | 626,800 | 570,200 | 545,400 | 185,500 | 216,600 | 386,200 | 498,600 | 551,600 | 628,200 | 1,057,900 | 1,019,200 | 1,181,200 | 1,228,200 | 1,430,400 | 1,449,680 | 1,132,400 | 1,038,020 | 1,237,880 |
| Short-term investments | US$ in thousands | 300 | 489,300 | 483,000 | — | — | — | — | — | — | — | — | — | -35,800 | — | — | — | — | 13,384 | 12,837 | 24,804 |
| Total current liabilities | US$ in thousands | 1,401,300 | 2,052,800 | 1,830,100 | 1,792,200 | 2,056,400 | 2,024,200 | 1,950,400 | 1,897,400 | 2,189,700 | 2,356,900 | 2,158,200 | 2,043,000 | 2,455,900 | 2,450,400 | 2,045,600 | 1,753,400 | 2,403,340 | 2,315,550 | 1,981,560 | 1,731,290 |
| Cash ratio | 0.50 | 0.58 | 0.61 | 0.32 | 0.27 | 0.09 | 0.11 | 0.20 | 0.23 | 0.23 | 0.29 | 0.52 | 0.40 | 0.48 | 0.60 | 0.82 | 0.60 | 0.49 | 0.53 | 0.73 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($694,700K
+ $300K)
÷ $1,401,300K
= 0.50
The cash ratio of Hasbro Inc fluctuated over the period from March 31, 2020, to December 31, 2024. The cash ratio measures the company's ability to cover its current liabilities with its cash and cash equivalents.
The ratio peaked at 0.82 on March 31, 2021, indicating that Hasbro had a high level of cash and cash equivalents relative to its current liabilities at that point. This could suggest good liquidity and the ability to meet short-term obligations comfortably.
However, the cash ratio declined from there, dropping to 0.09 on September 30, 2023, and then gradually recovering to 0.58 on September 30, 2024. The decrease in the cash ratio may indicate that Hasbro had less cash on hand relative to its current liabilities during those periods, potentially raising concerns about its ability to meet short-term obligations without additional funding sources.
Overall, fluctuations in the cash ratio of Hasbro Inc over the period reflect changes in the company's liquidity position and highlight the importance of monitoring cash levels to ensure financial stability and solvency.