Hasbro Inc (HAS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 385,600 | -1,489,300 | 203,500 | 428,700 | 222,500 |
| Total assets | US$ in thousands | 6,340,300 | 6,540,900 | 9,295,900 | 10,037,800 | 10,818,400 |
| ROA | 6.08% | -22.77% | 2.19% | 4.27% | 2.06% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $385,600K ÷ $6,340,300K
= 6.08%
Hasbro Inc's return on assets (ROA) has shown significant fluctuations over the years based on the provided data.
- In December 2020, the ROA was at a modest 2.06%, indicating that the company generated $2.06 in profit for every $100 in assets.
- By December 2021, there was a notable improvement in ROA, reaching 4.27%, suggesting the company became more efficient in utilizing its assets to generate profit.
- However, in December 2022, the ROA dropped to 2.19%, indicating a decrease in profitability relative to the previous year.
- The most concerning drop was seen in December 2023, where the ROA plummeted to -22.77%. This negative ROA suggests that the company incurred losses greater than the value of its assets.
- Fortunately, by December 2024, there was a significant recovery in ROA, surging to 6.08%, indicating a strong turnaround and improved profitability.
In conclusion, Hasbro Inc's ROA has been subject to fluctuations, reflecting varying levels of asset efficiency and profitability over the years. It is important for the company to focus on managing its assets effectively to sustain healthy returns in the future.