Hasbro Inc (HAS)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 6,340,300 | 7,229,900 | 6,864,100 | 6,203,000 | 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 | 10,222,000 | 10,424,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 for Hasbro Inc has consistently been 0.00 for all the reporting periods provided from March 31, 2020, to December 31, 2024. This indicates that Hasbro has not utilized debt as a significant source of financing in relation to its total assets. A debt-to-assets ratio of 0.00 means that the company has either no debt or a negligible amount compared to its total assets.
Having a low or zero debt-to-assets ratio can be viewed positively by investors and creditors as it suggests that the company is not overly reliant on debt to finance its operations. It also signifies that the company may have strong financial stability and a solid asset base to support its operations.
However, it's important to note that while a low debt-to-assets ratio can be beneficial in terms of financial risk and stability, it may also indicate that the company is not taking advantage of potential growth opportunities that debt financing could provide. Investors should consider other ratios and factors in conjunction with the debt-to-assets ratio to gain a comprehensive understanding of Hasbro's financial health and performance.