Hasbro Inc (HAS)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,185,000 | 1,287,200 | 1,150,600 | 1,005,900 | 1,061,900 | 2,223,200 | 2,470,200 | 2,758,700 | 2,832,800 | 2,976,000 | 2,983,600 | 3,080,700 | 3,063,100 | 3,057,200 | 2,890,400 | 2,959,900 | 2,936,740 | 2,808,430 | 2,642,150 | 2,736,490 |
| Financial leverage ratio | 5.35 | 5.62 | 5.97 | 6.17 | 6.16 | 3.75 | 3.49 | 3.23 | 3.28 | 3.23 | 3.19 | 3.09 | 3.28 | 3.35 | 3.50 | 3.44 | 3.68 | 3.81 | 3.87 | 3.81 |
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 some fluctuations over the past few years, indicating the company's level of debt relative to its equity. The ratio has gradually decreased from 3.81 as of March 31, 2020, to 3.09 as of March 31, 2022, which could suggest a reduction in dependence on debt financing.
However, there was a notable spike in the financial leverage ratio from December 31, 2023, to March 31, 2024, where it jumped from 3.23 to 6.17, indicating a significant increase in debt relative to equity during this period. This sudden increase may raise concerns about the company's financial risk and ability to service its debt obligations.
Subsequently, the financial leverage ratio decreased to 5.35 by December 31, 2024, but still remained higher compared to the previous years. This trend suggests that Hasbro Inc may be managing its debt levels, but investors and stakeholders should continue to monitor the company's leverage position to ensure it remains sustainable in the long term.