Mattel Inc (MAT)
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 | 6,544,080 | 6,513,730 | 5,905,820 | 6,065,370 | 6,435,820 | 6,244,600 | 5,897,800 | 5,831,700 | 6,177,700 | 6,468,200 | 6,167,700 | 6,147,400 | 6,393,900 | 6,194,600 | 5,241,100 | 5,102,300 | 5,521,100 | 5,604,100 | 4,992,700 | 4,804,400 |
| 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 |
| Financial leverage ratio | 2.89 | 2.82 | 2.99 | 2.99 | 2.99 | 3.07 | 3.01 | 3.01 | 3.00 | 3.29 | 3.57 | 3.80 | 4.08 | 4.65 | 9.93 | 10.77 | 9.26 | 13.85 | 57.99 | 30.43 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,544,080K ÷ $2,264,120K
= 2.89
The financial leverage ratio of Mattel Inc has shown a decreasing trend over the past few years, indicating a reduction in the company's reliance on debt to finance its operations. As of December 31, 2024, the financial leverage ratio stood at 2.89, which implies that the company's total debt represents 2.89 times its equity. This suggests that Mattel has a conservative capital structure with a lower level of leverage, which can be seen as a positive sign for investors and creditors. The declining trend in the financial leverage ratio indicates that the company has been effectively managing its debt levels and improving its financial stability.