Mattel Inc (MAT)

Debt-to-equity 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,264,120 2,312,950 1,973,130 2,025,310 2,149,210 2,035,500 1,962,400 1,937,700 2,056,300 1,967,500 1,728,000 1,618,100 1,568,800 1,331,200 527,700 473,900 596,300 404,500 86,100 157,900
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

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,264,120K
= 0.00

The debt-to-equity ratio for Mattel Inc over the period from March 31, 2020, to December 31, 2024, remained consistently at 0.00. This indicates that the company had no debt relative to its equity during this time frame. A debt-to-equity ratio of 0.00 suggests that the company's financial structure is not reliant on debt financing and is instead more heavily weighted towards equity financing. While a low or zero debt-to-equity ratio can signify financial stability and lower financial risk, it may also imply missed opportunities for leveraging debt to potentially increase returns on equity. Mattel Inc's consistent debt-to-equity ratio of 0.00 may indicate a deliberate strategic decision by the company to minimize debt levels and maintain a strong equity position in its capital structure.