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Hasbro (Hasbro) Debt-to-EBITDA : 6.35 (As of Mar. 2024)


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What is Hasbro Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hasbro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $500 Mil. Hasbro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,967 Mil. Hasbro's annualized EBITDA for the quarter that ended in Mar. 2024 was $546 Mil. Hasbro's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.35.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

HAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.05   Med: 2.29   Max: 4.34
Current: -4.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hasbro was 4.34. The lowest was -4.05. And the median was 2.29.

HAS's Debt-to-EBITDA is ranked worse than
100% of 620 companies
in the Travel & Leisure industry
Industry Median: 2.875 vs HAS: -4.05

Hasbro Debt-to-EBITDA Historical Data

The historical data trend for Hasbro's Debt-to-EBITDA 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.

Hasbro Debt-to-EBITDA Chart

Hasbro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.20 4.34 2.44 3.28 -4.05

Hasbro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA 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 5.09 148.53 -19.95 -0.86 6.35

Competitive Comparison of Hasbro's Debt-to-EBITDA

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

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

* The bar in red indicates where Hasbro's Debt-to-EBITDA falls into.



Hasbro Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hasbro's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(530.5 + 2965.8) / -863.2
=-4.05

Hasbro's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(500 + 2966.9) / 546
=6.35

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


Hasbro  (NAS:HAS) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Hasbro Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Hasbro's Debt-to-EBITDA 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

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