Spin Master (TSX:TOY) Debt-to-Equity : 0.04 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Spin Master Debt-to-Equity?

Spin Master's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$15 Mil. Spin Master's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$68 Mil. Spin Master's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$1,904 Mil. Spin Master's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 Spin Master's Debt-to-Equity or its related term are showing as below:

TSX:TOY' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.01 Med: 0.07 Max: 0.49
Current: 0.04

During the past 10 years, the highest Debt-to-Equity Ratio of Spin Master was 0.49. The lowest was -0.01. And the median was 0.07.

TSX:TOY's Debt-to-Equity is ranked better than
89.44% of 691 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs TSX:TOY: 0.04

Spin Master Debt-to-Equity Historical Data

The historical data trend for Spin Master'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.

Spin Master Debt-to-Equity Chart

Spin Master Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.09

0.07

0.06

0.04

Spin Master 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															0.06	0.06	0.05	0.05	0.04

Competitive Comparison of Spin Master's Debt-to-Equity

For the Leisure subindustry, Spin Master'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.

Spin Master's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Spin Master Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(15.294	+	68.019)	/	1903.865
	=	0.04

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(15.294	+	68.019)	/	1903.865
	=	0.04

Spin Master (TSX:TOY) 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.

Spin Master Debt-to-Equity Related Terms

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

Spin Master (TSX:TOY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Spin Master Corp (TSX:TOY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SNMSF:USA SP9:Germany SP9:Germany

Address

225 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2

Website

https://www.spinmaster.com

Spin Master is a children's entertainment company operating in the just over $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, wheels & action, preschool and dolls & interactive, and activities, games and puzzles and plush). Spin Master has increased brand awareness via homegrown brands including Paw Patrol, Rusty Rivets, and Bakugan but has leaned on a robust acquisition strategy to reach adjacent markets through tie-ups like Rubik's, Swimways, and Melissa & Doug (which is set to come on board in 2024). The company has global reach, with more than 30 offices in nearly 20 countries and sales in over 100 markets.

Spin Master (TSX:TOY) Headlines

No Headlines