Hasbro Inc (HAS)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,242,500 | 3,021,600 | 2,674,400 | 1,995,400 | 2,323,600 | 3,240,100 | 2,509,000 | 2,539,200 | 2,999,100 | 3,260,500 | 3,085,400 | 3,255,300 | 3,728,100 | 3,730,400 | 3,616,400 | 3,236,000 | 3,846,640 | 3,758,960 | 3,185,670 | 3,318,500 |
| 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 |
| Current ratio | 1.60 | 1.47 | 1.46 | 1.11 | 1.13 | 1.60 | 1.29 | 1.34 | 1.37 | 1.38 | 1.43 | 1.59 | 1.52 | 1.52 | 1.77 | 1.85 | 1.60 | 1.62 | 1.61 | 1.92 |
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 fluctuated over the past few years, indicating variations in its short-term liquidity position. In general, a current ratio above 1 indicates that the company has more current assets than current liabilities, which is considered a healthy sign.
- Starting from March 2020 to June 2021, the current ratio consistently stayed above 1.5, peaking at 1.92 in March 2020. This suggests a strong ability to meet short-term obligations with current assets during this period.
- However, from September 2021 to June 2024, the current ratio gradually declined, reaching a low point of 1.11 in March 2024. This downward trend indicates a potential weakening of the company's short-term liquidity position.
- The current ratio slightly improved in the last two quarters of 2024, reaching 1.60 in December 2024. Despite this improvement, it is essential to monitor the current ratio in future periods to assess the company's ability to manage its short-term obligations effectively.
Overall, the fluctuating current ratio of Hasbro Inc reflects varying levels of liquidity and highlights the importance of closely monitoring its liquidity position to ensure financial stability.