Mattel Inc (MAT)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 6,544,080 | 6,435,820 | 6,177,700 | 6,393,900 | 5,521,100 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,544,080K
= 0.00
Based on the data provided, Mattel Inc's debt-to-assets ratio has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to fund its assets during this period. A debt-to-assets ratio of 0 implies that the company's assets are entirely financed by equity, which can be seen as a positive sign from a financial risk perspective. Mattel Inc's low debt-to-assets ratio suggests a lower risk of financial distress due to debt obligations and may indicate strong financial stability and solvency. However, it is essential to consider other factors and financial metrics to gain a comprehensive understanding of the company's financial health and performance.