Hasbro Inc (HAS)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,185,000 | 1,061,900 | 2,861,900 | 3,063,100 | 2,936,740 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,185,000K)
= 0.00
The debt-to-capital ratio for Hasbro Inc remained consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that Hasbro Inc has not utilized any debt in its capital structure during this period. This suggests that the company has been primarily funded by equity rather than debt, which may indicate a lower financial risk and potentially stronger financial stability. It also implies that Hasbro Inc may have sufficient internal resources or profitability to support its operations and growth without relying on external borrowing. However, it is important to note that while a low or zero debt-to-capital ratio can be positive in terms of financial stability, it may also mean reduced tax benefits associated with debt financing. Further analysis of Hasbro Inc's financial statements and business strategy would provide a more comprehensive understanding of its capital structure and financial health.