Hasbro Inc (HAS)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -1,538,800 | -465,900 | -102,100 | 305,600 | 407,700 | 704,900 | 878,500 | 736,000 | 763,300 | 778,164 | 746,864 | 672,464 | 501,864 | 505,880 | 466,490 | 592,623 | 652,050 | 472,217 | 488,343 | 447,598 |
| Total assets | US$ in thousands | 6,540,900 | 8,340,200 | 8,609,700 | 8,923,700 | 9,295,900 | 9,626,100 | 9,503,000 | 9,518,700 | 10,037,800 | 10,230,400 | 10,102,200 | 10,189,100 | 10,818,400 | 10,703,200 | 10,222,100 | 10,424,400 | 8,855,600 | 5,554,620 | 5,038,610 | 4,934,770 |
| Operating ROA | -23.53% | -5.59% | -1.19% | 3.42% | 4.39% | 7.32% | 9.24% | 7.73% | 7.60% | 7.61% | 7.39% | 6.60% | 4.64% | 4.73% | 4.56% | 5.68% | 7.36% | 8.50% | 9.69% | 9.07% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-1,538,800K ÷ $6,540,900K
= -23.53%
Operating return on assets (operating ROA) is a key financial ratio that measures a company's ability to generate profits from its operational assets. Looking at the data for Hasbro, Inc. over the past eight quarters, we can see some fluctuations in the operating ROA:
- The operating ROA has shown a declining trend in recent quarters, from a high of 9.32% in Q2 2022 to 2.93% in Q4 2023.
- Q2 and Q3 of 2022 had the highest operating ROA figures at 9.32% and 7.64% respectively, indicating strong profitability from operational assets during that period.
- However, there has been a noticeable decrease in operating ROA in subsequent quarters, suggesting potential challenges in generating profits from assets in recent periods.
- Q1 and Q4 of 2023 recorded the lowest operating ROA figures, at 3.67% and 2.93% respectively, indicating a decrease in profitability compared to previous quarters.
Overall, the trend in Hasbro, Inc.'s operating ROA indicates some fluctuations and a recent decline in profitability from operational assets. This trend may require further investigation to assess the factors contributing to these changes and evaluate the company's overall operational efficiency and asset utilization.