Mattel Inc (MAT)

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 2,264,120 2,149,210 2,056,300 1,568,800 596,300
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 + $2,264,120K)
= 0.00

Based on the data provided, Mattel Inc's debt-to-capital ratio has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has not utilized any debt financing relative to its total capital structure during this period. This suggests that Mattel has been funding its operations primarily through equity financing or retained earnings, rather than relying on borrowed funds. A lower debt-to-capital ratio is often viewed positively by investors and creditors as it signifies lower financial risk and potential for better financial stability. Additionally, a low debt-to-capital ratio may imply that the company has a solid financial position and may have more flexibility in managing its capital structure.