Hasbro Inc (HAS)
Quick 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 | 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 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| 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 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($694,700K
+ $300K
+ $—K)
÷ $1,401,300K
= 0.50
The quick ratio of Hasbro Inc has fluctuated over the periods presented in the JSON data. It ranged from a low of 0.09 on September 30, 2023, to a high of 0.82 on March 31, 2021. A quick ratio below 1 generally indicates that a company may have difficulty meeting its short-term obligations using its most liquid assets. Hasbro's quick ratio improved gradually from the low levels in 2023, peaking in the first quarter of 2021, before declining again in subsequent periods. The decreasing trend from 2021 to 2024 could indicate potential liquidity challenges or changes in the composition of current assets relative to current liabilities. A quick ratio of less than 1 in some periods suggests that Hasbro may need to manage its liquidity carefully to ensure it can meet its short-term obligations efficiently.