Asset Breakdown
1.7 B
Assets Non Current
811.2 M
Goodwill
3.9 B
Current Assets
| Total Assets | 6.61 Billion | |
| Current Assets | 3.9 Billion | |
| Assets Non Current | 1.7 Billion | |
| Goodwill | 811.25 Million |
Will newest Hasbro (USA Stocks:HAS) debt levels change before the next earnings call?
 | By Vlad Skutelnik | Macroaxis Story |
Hasbro Inc. (NASDAQ:HAS), a prominent player in the Leisure industry, is set to reveal its earnings soon. The company's debt levels have been a point of interest for investors, with a net debt of $3.5B and a total short and long-term debt of $4B. Despite these high debt levels, Hasbro's retained earnings total equity stands at a robust $4.1B, suggesting a potential for future growth. The company's net income for the period was $203M, while the cost of revenue stood at $2.4B. With a total revenue of $5.9B and a gross profit of $3.5B, the company's financial health appears to be stable. However, the change in working capital of -$877.8M and a decrease in cash and cash equivalents of -$493.4M indicate potential liquidity issues. Investors and analysts will be closely watching Hasbro's upcoming earnings call to discern any shifts in the company's debt levels. Hasbro Inc. is set to release its earnings report tomorrow. The forthcoming quarterly report is anticipated on July 18, 2023. Currently, Hasbro's Weighted Average Shares Diluted is relatively stable compared to the previous year. In 2022, Hasbro reported Weighted Average Shares Diluted at 127.03 million. While some millennials may be indifferent towards the leisure products sector, it is worthwhile to consider Hasbro Inc. as a unique investment option.
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Reviewed by Michael Smolkin
Hasbro Inc (NASDAQ:HAS) is slated to release its earnings report soon, and investors are keen to assess the company's debt position. As of the last fiscal year, Hasbro's net debt stood at a substantial 3.5B, which could raise concerns about the company's financial health. However, it's important to note that the company's end period cash flow was a healthy 513.1M, indicating a solid ability to service its debt. Despite a change in working capital reported as a loss of 877.8M, Hasbro's retained earnings total equity remains robust at 4.1B. The upcoming earnings call will provide more clarity on whether Hasbro's debt levels have shifted and what that means for the company's future.
A deeper look at Hasbro
Hasbro Inc. carries a debt of $3.97 billion, with a debt to equity (D/E) ratio of 1.37. This is considered acceptable within its current industry classification. On a performance scale of 0 to 100, Hasbro scores a 12. The company exhibits a Market Volatility, also known as Beta, of 1.2945. This indicates a somewhat significant risk relative to the market. In terms of Hasbro's beta, it suggests that as the market rises, the company is expected to outperform it. However, if the market yields negative returns, Hasbro is likely to underperform. While it's important to track Hasbro Inc.'s current price history, one should exercise caution when interpreting the information regarding the equity's current price movements. The approach towards predicting the future performance of any stock involves a comprehensive evaluation of the business as a whole, its past performance, and all available fundamental and technical indicators. By assessing Hasbro Inc.'s technical indicators, we can currently evaluate if the expected return of 0.34% will be sustainable in the future. Please use Hasbro's variance, value at risk, and the relationship between the Value At Risk and skewness to make a quick decision on whether Hasbro Inc.'s current trending patterns will revert.Hasbro financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Hasbro, including all of Hasbro's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Hasbro assets, the company is considered highly leveraged. Understanding the composition and structure of overall Hasbro debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.Understanding Hasbro Total Liabilities
Hasbro Inc liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Hasbro Inc has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Hasbro balance sheet include debt obligations and money owed to different Hasbro vendors, workers, and loan providers. Below is the chart of Hasbro short long-term liabilities accounts currently reported on its balance sheet. You can use Hasbro Inc financial leverage analysis tool to get a better grip on understanding its financial positionHow important is Hasbro's Liquidity
Hasbro financial leverage refers to using borrowed capital as a funding source to finance Hasbro Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Hasbro financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Hasbro's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Hasbro's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Hasbro's total debt and its cash.
Breaking down Hasbro Indicators
The newest gain in Hasbro Inc short term price appreciation may raise some interest from private investors. The stock closed today at a share price of 64.10 on very low momentum in trading volume. The company directors and management have successfully maneuvered the firm at convenient times to take advantage of all market conditions in June. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.17. The current volatility is consistent with the ongoing market swings in June 2023 as well as with Hasbro Inc unsystematic, company-specific events.
Hasbro Inc (NASDAQ:HAS), a leading player in the Leisure industry, is gearing up for its upcoming earnings call. Investors are keen to understand the company's debt situation, given its short and long-term debt total of $4B and net debt standing at $3.5B. The company's current ratio of 1.38X indicates a relatively healthy liquidity position, but the probability of bankruptcy is a concerning 30.49%.Hasbro's operating margin is a slim 0.13%, with total operating expenses amounting to $3B. The company's EBITDA stands at $559.9M, while the net income applicable to common shares is $203.5M. The company's net asset value is $9.3B, indicating a solid asset base. Despite a negative change in cash of $506.1M, the company's end period cash flow is $513.1M, providing some financial flexibility. However, the company's net interest income shows a loss of $171M, which could be a potential red flag. Investors will be closely watching Hasbro's earnings call to understand any shifts in these debt levels and the company's overall financial health. The company's five-year return stands at 2.92%, and the forward dividend yield is 0.0437%, offering some return potential for investors. .
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