Hasbro Inc (HAS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 6,340,300 | 6,540,900 | 9,295,900 | 10,037,800 | 10,818,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,340,300K
= 0.00
The debt-to-assets ratio of Hasbro Inc over the five-year period from December 31, 2020, to December 31, 2024, remained consistently at 0.00. This indicates that the company has been able to finance its assets without relying on debt during this period. A debt-to-assets ratio of 0.00 suggests that Hasbro has either paid off all its debt or has very minimal debt relative to its asset base. This may be a positive sign for investors and creditors as it indicates a lower financial risk and a stronger financial position for the company. It also suggests that Hasbro has been effectively utilizing its equity to fund its operations and investments, which could be viewed favorably in terms of financial stability and flexibility.