Hasbro Inc (HAS)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital 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 |
| Debt-to-equity 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 |
| 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 |
The solvency ratios of Hasbro Inc, as indicated by the debt-to-assets, debt-to-capital, and debt-to-equity ratios, have consistently remained at 0.00 over the past several quarters. This suggests that the company has effectively managed its debt levels in relation to its total assets, capital, and equity, indicating a low risk of insolvency.
Additionally, the financial leverage ratio, which measures the company's total assets in relation to its equity, decreased steadily from 3.81 in March 2020 to 3.28 in December 2021, indicating a decreasing reliance on debt financing. However, there was a significant spike in the financial leverage ratio from December 2023 to March 2024, rising from 6.16 to 6.17, which may indicate a temporary increase in leverage during that period.
Overall, based on the solvency ratios analyzed, Hasbro Inc appears to have a strong financial position with low debt levels and a conservative approach to managing its capital structure.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 3.90 | -2.97 | -5.84 | -8.00 | -8.17 | -2.38 | -0.37 | 1.91 | 2.53 | 4.06 | 4.97 | 4.07 | 4.24 | 4.42 | 4.19 | 3.69 | 2.60 | 3.56 | 3.74 | 4.67 |
Hasbro Inc's interest coverage ratio has shown fluctuations over the reported periods. The interest coverage ratio measures the company's ability to meet its interest obligations on outstanding debt. A higher ratio indicates better ability to cover interest expenses.
- The interest coverage ratio declined from 4.67 as of March 31, 2020, to 2.60 by December 31, 2020, which may raise concerns about the company's ability to service its debt obligations.
- However, the ratio improved in subsequent quarters, reaching 4.97 as of June 30, 2022, indicating a better ability to cover interest expenses.
- The ratio then declined to 1.91 as of March 31, 2023, and further dropped into negative territory in the following periods, implying that the company's earnings were insufficient to cover its interest expenses.
- By December 31, 2024, the interest coverage ratio had improved to 3.90 but remained below the levels seen in earlier years.
Overall, the trend in Hasbro Inc's interest coverage ratio suggests some variability in its ability to cover interest costs, with periods of stronger and weaker performance. Investors and creditors may monitor this ratio closely to assess the company's financial health and risk of default.