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MattelMAT -1.12%63 Cash-to-Debt is 0.32 as of Mar. 2026, which is 78% above its 10-year median of 0.18. GuruFocus rates MAT with a GF Score™ of 63/100 and a GF Value™ of $22.04 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 833 Travel & Leisure companies, Mattel ranks worse than 59.9% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Mattel's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.32.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Mattelcouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Mattel's Cash-to-Debt or its related term are showing as below:
MAT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.18 Max: 0.52
Current: 0.32
During the past 13 years, Mattel's highest Cash to Debt Ratio was 0.52. The lowest was 0.05. And the median was 0.18.
MAT's Cash-to-Debt is ranked worse than 59.9% of 833
companies
in the Travel & Leisure industry
Industry Median: 0.58
vs MAT: 0.32
Mattel (NAS:MAT) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Mattel Cash-to-Debt Related Terms
Mattel Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Mattel's Cash-to-Debt can be seen below:
* 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Leisure subindustry, Mattel's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
Mattel Cash-to-Debt vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Mattel's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Mattel's Cash-to-Debt falls into.
* 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.
Mattel (MAT) has a Cash-to-Debt of 0.32 as of Mar. 2026. This is 78% above median its historical median of 0.18. Over the past decade, Mattel's Cash-to-Debt has ranged from 0.05 to 0.52. According to the industry distribution chart, Mattel ranks #499 out of 833 companies in the Travel & Leisure industry, placing it in the top 59.9%.
Is Mattel's Cash-to-Debt too high?
Mattel's current Cash-to-Debt of 0.32 is 78% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.52. The Travel & Leisure industry median Cash-to-Debt is 0.58. Mattel's value of 0.32 is 44.8% below this industry median. Based on the distribution chart, Mattel ranks #499 out of 833 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Mattel has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mattel's Cash-to-Debt compare to PLNT and YETI?
According to the Travel & Leisure industry distribution chart, Mattel ranks #499 out of 833 companies for Cash-to-Debt. This places Mattel in the lower half of its industry. The industry median Cash-to-Debt is 0.58. Mattel's value of 0.32 is 44.8% below this benchmark. Historically, Mattel's own Cash-to-Debt has ranged from 0.05 to 0.52 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.58, Mattel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Travel & Leisure company?
The median Cash-to-Debt among Travel & Leisure companies is 0.58, based on 833 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mattel's current Cash-to-Debt of 0.32 is 44.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median Cash-to-Debt is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mattel's current Cash-to-Debt is 0.32, which is 78% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mattel stock overvalued right now?
Based on GuruFocus' analysis, Mattel (MAT) is currently considered Significantly Undervalued. The stock's GF Value™ is $22.04, compared to a current price of $14.14 — trading 35.9% below its estimated fair value. The current Cash-to-Debt is 0.32, which is 78% above median its 10-year median of 0.18 and 44.8% below the Travel & Leisure industry median of 0.58. Mattel's overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Mattel (MAT), the current Cash-to-Debt is 0.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mattel (MAT) Overvalued in 2026?
Based on GuruFocus' analysis, Mattel stock appears to be undervalued.
The current stock price of $14.14 is trading 35.9% below its estimated GF Value™ of $22.04.
GuruFocus considers Mattel to be Significantly Undervalued.
Key valuation signals for MAT:
Cash-to-Debt: 0.32 (78% above median its 10-year median of 0.18)
GF Value™: $22.04 vs. price of $14.14 (35.9% below fair value)
Industry Position: 44.8% below the Travel & Leisure median (#499 of 833)
No single metric tells the full story. See the MAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mattel manufactures and markets toy products that are sold to its wholesale partners and direct to retail customers. The company offers products for children and families, including toys for infants and preschoolers, girls and boys, youth electronics, hand-held and other games, puzzles, educational toys, media-driven products, and plush and fashion-related toys. Mattel's owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl. In addition, it currently manufactures toy products for its segments both internally and externally (through manufacturing partners). Nearly 60% of its net sales were generated from North America in 2025, with the remainder stemming from international markets.
63GF Score
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