Hasbro Inc (HAS)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 6,340,300 | 6,540,900 | 9,295,900 | 10,037,800 | 10,818,400 |
| Total stockholders’ equity | US$ in thousands | 1,185,000 | 1,061,900 | 2,861,900 | 3,063,100 | 2,936,740 |
| Financial leverage ratio | 5.35 | 6.16 | 3.25 | 3.28 | 3.68 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,340,300K ÷ $1,185,000K
= 5.35
The financial leverage ratio of Hasbro Inc has shown fluctuations over the past five years. As of December 31, 2020, the ratio was 3.68, indicating that the company relied more on debt to finance its operations than equity. However, there was a decrease in the ratio to 3.28 by December 31, 2021, suggesting a reduction in the company's financial leverage.
Subsequently, the ratio continued to decline to 3.25 by December 31, 2022, reflecting a potential shift towards a lower reliance on debt. However, there was a significant increase in the ratio to 6.16 by December 31, 2023, indicating a substantial increase in the company's financial leverage, potentially due to increased borrowing or declining equity.
By December 31, 2024, the financial leverage ratio decreased to 5.35, although it remained higher compared to the earlier years in the period under review. Overall, the trend in the financial leverage ratio of Hasbro Inc shows varying levels of leverage over the years, highlighting the importance of monitoring the company's debt levels and capital structure for potential implications on its financial health and risk profile.