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Mattel (Mattel) Debt-to-Equity : 1.21 (As of Dec. 2023)


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What is Mattel Debt-to-Equity?

Mattel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Mattel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,590 Mil. Mattel's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,149 Mil. Mattel's debt to equity for the quarter that ended in Dec. 2023 was 1.20.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mattel's Debt-to-Equity or its related term are showing as below:

MAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71   Med: 1.58   Max: 6.49
Current: 1.21

During the past 13 years, the highest Debt-to-Equity Ratio of Mattel was 6.49. The lowest was 0.71. And the median was 1.58.

MAT's Debt-to-Equity is ranked worse than
72.82% of 688 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs MAT: 1.21

Mattel Debt-to-Equity Historical Data

The historical data trend for Mattel's Debt-to-Equity 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.

* Premium members only.

Mattel Debt-to-Equity Chart

Mattel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.49 5.09 1.87 1.30 1.21

Mattel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 1.33 1.35 1.30 1.21

Competitive Comparison of Mattel's Debt-to-Equity

For the Leisure subindustry, Mattel's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mattel's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mattel's Debt-to-Equity falls into.



Mattel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mattel's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Mattel's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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  (NAS:MAT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Mattel Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mattel's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Mattel (Mattel) Business Description

Address
333 Continental Boulevard, El Segundo, CA, USA, 90245-5012
Mattel markets toy products that are sold to its wholesale customers and direct to retail consumers. 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 are generated from North America, with the remainder stemming from international markets.
Executives
Richard Todd Bradley director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Yoon J. Hugh officer: SVP & Corporate Controller C/O MATTEL, INC., 333 CONTINENTAL BOULEVARD, EL SEGUNDO CA 90245
Isaias Zanatta Roberto Jacobo officer: EVP & Chief Supply Chain Offr 333 CONTINENTAL BOULEVARD, TWR 15-1, EL SEGUNDO CA 90245
Steve Totzke officer: President, Chief Comm Officer 333 CONTINENTAL BOULEVARD, TWR 15-1, EL SEGUNDO CA 90245
Amanda J Thompson officer: EVP & Chief People Officer 333 CONTINENTAL BOULEVARD, TRW 15-1, EL SEGUNDO CA 90245
Jonathan Anschell officer: EVP Chief Legal Officer & Sec C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Noreena Hertz director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Soren T Laursen director 333 CONTINENTAL BOULEVARD, TRW 15-1, EL SEGUNDO CA 90245
Anthony Disilvestro officer: Chief Financial Officer 1 CAMPBELL PLACE, CAMDEN NJ 08103
Richard Dickson officer: Pres & Chief Operating Officer C/O MATTEL, INC., 333 CONTINENTAL BOULEVARD, EL SEGUNDO CA 90245
Diana Sue Ferguson director C/O SARA LEE CORP, 70 W MADISO ST, CHICAGO IL 60602
Michael J Dolan director C/O MATTEL INC, 333 CONTINENTAL BLVD M-1518, EL SEGUNDO CA 90245
Joseph J Euteneuer officer: Chief Financial Officer
Ynon Kreiz director 333 CONTINENTAL BOULEVARD, M1: 1518, EL SEGUNDO CA 90245
Roger Lynch director PANDORA MEDIA, INC., 2101 WEBSTER STREET, SUITE 1650, OAKLAND CA 94612