Hasbro Inc (HAS)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,242,500 | 2,323,600 | 2,999,100 | 3,728,100 | 3,846,640 |
| Total current liabilities | US$ in thousands | 1,401,300 | 2,056,400 | 2,189,700 | 2,455,900 | 2,403,340 |
| Current ratio | 1.60 | 1.13 | 1.37 | 1.52 | 1.60 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,242,500K ÷ $1,401,300K
= 1.60
The current ratio of Hasbro Inc has shown some fluctuations over the years. As of December 31, 2020, the current ratio was 1.60, indicating that the company had $1.60 in current assets for every $1 in current liabilities. However, by December 31, 2023, the current ratio had decreased to 1.13, suggesting a potential liquidity challenge as the company had decreased its ability to cover short-term obligations.
It is noteworthy that there was a significant increase in the current ratio by December 31, 2024, back to 1.60, possibly indicating that Hasbro Inc had improved its short-term liquidity position.
Overall, fluctuations in the current ratio may reflect changes in the company's management of current assets and liabilities. Investors and stakeholders should continue to monitor Hasbro Inc's current ratio to assess its short-term liquidity and ability to meet financial obligations as they come due.