GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hasbro Inc (NAS:HAS) » Definitions » Financial Strength

Hasbro (Hasbro) Financial Strength : 4 (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Hasbro Financial Strength?

Hasbro has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Hasbro's Interest Coverage for the quarter that ended in Mar. 2024 was 3.25. Hasbro's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.14. As of today, Hasbro's Altman Z-Score is 1.51.


Competitive Comparison of Hasbro's Financial Strength

For the Leisure subindustry, Hasbro's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hasbro's Financial Strength Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hasbro's Financial Strength distribution charts can be found below:

* The bar in red indicates where Hasbro's Financial Strength falls into.



Hasbro Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Hasbro's Interest Expense for the months ended in Mar. 2024 was $-39 Mil. Its Operating Income for the months ended in Mar. 2024 was $125 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,967 Mil.

Hasbro's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*125.3/-38.5
=3.25

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Hasbro's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(500 + 2966.9) / 3029.2
=1.14

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Hasbro has a Z-score of 1.51, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.51 is in distress zone. This implies bankruptcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hasbro  (NAS:HAS) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Hasbro has the Financial Strength Rank of 4.


Hasbro Financial Strength Related Terms

Thank you for viewing the detailed overview of Hasbro's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Hasbro (Hasbro) Business Description

Address
1027 Newport Avenue, P.O. Box 1059, Pawtucket, RI, USA, 02861-1059
Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities (some of which are set to be divested) from Entertainment One helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and tied up with Dungeons & Dragons Beyond in 2022, offering the firm access 10 million digital tabletop players.
Executives
Matthew Edward Austin officer: EVP & Chief Revenue Officer HASBRO, INC., 1027 NEWPORT AVENUE, PAWTUCKET RI 02861
Gina M Goetter officer: EVP & CFO C/O HASBRO, INC., 1027 NEWPORT AVENUE, PAWTUCKET RI 02861
Timothy J. Kilpin officer: President, Toy, Lic & Ent HASBRO, INC., 1027 NEWPORT AVENUE, PAWTUCKET RI 02861
Najuma Atkinson officer: EVP & Chief People Officer C/O HASBRO, INC., 1011 NEWPORT AVE, PAWTUCKET RI 02861
Cynthia W Williams officer: President, WOTC C/O WIZARDS OF THE COAST LLC, 1600 LIND AVENUE, SW, STE 400, RENTON WA 98055
Michael Raymond Burns director 2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404
Christian P Cocks officer: President & COO, WOTC C/O HASBRO, INC., 1011 NEWPORT AVE, PAWTUCKET RI 02861
Blake J Jorgensen director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Elizabeth Hamren director 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Tarrant L. Sibley officer: SVP,Chief Legal Officer & Sec C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Courtney Thomas J Jr. officer: EVP, Global Operations C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Deborah Thomas officer: Sr. VP and Controller C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Michael Hogg officer: EVP, Chief Commercial Officer C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Eric Nyman officer: Chief Consumer Officer & COO C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Brian Goldner officer: President, Toy C/O HASBRO INC, 1027 NEWPORT AVENUE, PAWTUCKET RI 02862

Hasbro (Hasbro) Headlines

From GuruFocus

Q3 2022 Hasbro Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Hasbro Inc Fireside Chat Hosted by Berenberg Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Hasbro Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2021 Hasbro Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Hasbro Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q2 2020 Hasbro Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Hasbro Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024