Hasbro Inc (HAS)

Liquidity ratios

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
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
Quick 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
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

Hasbro Inc's liquidity ratios show the company's ability to meet its short-term obligations.

1. Current Ratio: Hasbro's current ratio has been relatively stable over the years, ranging between 1.11 and 1.92. The current ratio indicates that Hasbro had more than enough current assets to cover its current liabilities throughout the period. A ratio above 1 indicates that the company has the ability to meet its short-term obligations.

2. Quick Ratio: The quick ratio measures the company's ability to pay off its current liabilities without relying on the sale of inventory. Hasbro's quick ratio fluctuated between 0.09 and 0.82. A decreasing trend in the quick ratio towards the end of the period may indicate potential liquidity challenges.

3. Cash Ratio: The cash ratio specifically looks at the company's ability to cover its current liabilities with its cash and cash equivalents. Hasbro's cash ratio also varied between 0.09 and 0.82. The cash ratio provides insight into the company's ability to settle short-term obligations using only its cash reserves.

Overall, Hasbro's liquidity ratios suggest that the company has maintained a comfortable level of liquidity to meet its short-term financial obligations. Monitoring these ratios regularly is important to ensure the company's financial health and ability to operate effectively.

Additional liquidity measure

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 conversion cycle days 68.38 79.13 70.33 60.30 56.78 104.09 116.74 111.47 102.72 119.58 120.06 91.42 79.09 82.33 75.41 67.75 63.09 87.77 93.01 71.21

The cash conversion cycle of Hasbro Inc has shown fluctuations over the analyzed period. The cash conversion cycle, which represents how quickly a company can convert its inventory into cash from sales, can provide insights into the efficiency of its working capital management.

From March 31, 2020, to June 30, 2020, there was a substantial increase in the cash conversion cycle from 71.21 days to 93.01 days, indicating a potential slowdown in the company's cash flow generation. However, from December 31, 2020, to March 31, 2021, there was a notable improvement in the cycle, decreasing to 63.09 days, suggesting a more efficient conversion of inventory to cash during this period.

The cycle increased again from June 30, 2021, reaching a peak of 120.06 days on June 30, 2022, which may indicate challenges in managing inventory levels or collecting accounts receivable effectively. The cycle then fluctuated but generally remained elevated until December 31, 2024, when it decreased to 68.38 days.

Overall, the cash conversion cycle of Hasbro Inc exhibited variability, with periods of improvement and deterioration. Monitoring this metric can help assess the efficiency of the company's operations and how effectively it manages its working capital to generate cash flow.