Hasbro Inventory vs Accounts Payable Analysis

HAS Stock  USD 62.52  0.61  0.99%   
Hasbro financial indicator trend analysis is much more than just examining Hasbro Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hasbro Inc is a good investment. Please check the relationship between Hasbro Inventory and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hasbro Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hasbro Inc Inventory account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hasbro's Inventory and Accounts Payable is 0.79. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hasbro Inc, assuming nothing else is changed. The correlation between historical values of Hasbro's Inventory and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Hasbro Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Inventory i.e., Hasbro's Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Accounts Payable

An accounting item on the balance sheet that represents Hasbro obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hasbro Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Hasbro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hasbro Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hasbro Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Enterprise Value is likely to gain to about 9.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense179.7M171M186.3M195.6M
Depreciation And Amortization908.7M788.1M659.6M692.6M

Hasbro fundamental ratios Correlations

0.890.960.880.920.90.560.650.420.830.570.420.73-0.330.930.770.660.040.920.690.150.830.880.740.590.46
0.890.870.790.770.920.730.380.350.880.420.350.53-0.230.980.580.360.230.990.560.370.840.750.830.610.68
0.960.870.970.830.920.710.580.20.910.610.20.69-0.310.890.750.620.050.920.510.320.870.910.830.620.55
0.880.790.970.720.910.740.530.060.880.610.060.65-0.310.780.720.580.010.860.390.480.760.890.820.650.59
0.920.770.830.720.680.360.770.540.680.550.540.78-0.430.830.820.75-0.090.810.780.030.720.810.570.50.3
0.90.920.920.910.680.710.40.260.850.450.260.57-0.250.90.610.380.160.920.510.390.770.80.790.670.65
0.560.730.710.740.360.710.02-0.370.920.6-0.370.140.040.660.380.280.330.75-0.120.620.720.540.940.430.82
0.650.380.580.530.770.40.020.480.30.440.480.94-0.840.470.80.64-0.690.470.74-0.030.330.610.130.66-0.12
0.420.350.20.060.540.26-0.370.48-0.07-0.261.00.52-0.370.430.250.09-0.130.310.92-0.350.140.28-0.170.23-0.19
0.830.880.910.880.680.850.920.3-0.070.66-0.070.41-0.080.860.610.520.280.920.220.450.890.770.980.490.76
0.570.420.610.610.550.450.60.44-0.260.66-0.260.37-0.230.440.670.83-0.090.480.070.20.510.430.60.420.36
0.420.350.20.060.540.26-0.370.481.0-0.07-0.260.52-0.370.430.250.09-0.130.310.92-0.350.140.28-0.170.23-0.19
0.730.530.690.650.780.570.140.940.520.410.370.52-0.810.590.750.54-0.590.60.780.110.420.730.250.750.04
-0.33-0.23-0.31-0.31-0.43-0.250.04-0.84-0.37-0.08-0.23-0.37-0.81-0.26-0.56-0.250.86-0.29-0.57-0.18-0.04-0.320.1-0.820.12
0.930.980.890.780.830.90.660.470.430.860.440.430.59-0.260.630.440.190.980.640.220.860.790.790.590.61
0.770.580.750.720.820.610.380.80.250.610.670.250.75-0.560.630.77-0.310.660.570.040.460.790.50.640.39
0.660.360.620.580.750.380.280.640.090.520.830.090.54-0.250.440.77-0.140.450.37-0.110.480.60.440.260.15
0.040.230.050.01-0.090.160.33-0.69-0.130.28-0.09-0.13-0.590.860.19-0.31-0.140.16-0.260.00.28-0.010.43-0.50.49
0.920.990.920.860.810.920.750.470.310.920.480.310.6-0.290.980.660.450.160.560.360.860.830.850.640.68
0.690.560.510.390.780.51-0.120.740.920.220.070.920.78-0.570.640.570.37-0.260.56-0.20.350.570.090.49-0.03
0.150.370.320.480.030.390.62-0.03-0.350.450.2-0.350.11-0.180.220.04-0.110.00.36-0.20.20.170.470.460.47
0.830.840.870.760.720.770.720.330.140.890.510.140.42-0.040.860.460.480.280.860.350.20.70.830.370.49
0.880.750.910.890.810.80.540.610.280.770.430.280.73-0.320.790.790.6-0.010.830.570.170.70.710.530.55
0.740.830.830.820.570.790.940.13-0.170.980.6-0.170.250.10.790.50.440.430.850.090.470.830.710.350.81
0.590.610.620.650.50.670.430.660.230.490.420.230.75-0.820.590.640.26-0.50.640.490.460.370.530.350.36
0.460.680.550.590.30.650.82-0.12-0.190.760.36-0.190.040.120.610.390.150.490.68-0.030.470.490.550.810.36
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Hasbro Account Relationship Matchups

Hasbro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B10.8B10.0B9.3B6.5B4.3B
Short Long Term Debt Total4.0B5.1B4.0B4.0B3.6B3.8B
Other Current Liab912.7M1.5B1.4B1.2B1.0B722.4M
Total Current Liabilities1.3B2.4B2.5B2.2B2.1B1.2B
Total Stockholder Equity3.0B2.9B3.1B2.9B1.1B1.7B
Property Plant And Equipment Net382.2M489.0M421.1M422.8M488.6M283.3M
Net Debt(533.4M)3.6B3.0B3.5B3.1B3.2B
Retained Earnings4.4B4.2B4.3B4.1B2.2B2.4B
Cash4.6B1.4B1.0B513.1M545.4M726.4M
Non Current Assets Total2.1B7.0B6.3B6.3B4.2B4.4B
Non Currrent Assets Other242.1M827.8M1.1B1.3B434.1M352.9M
Cash And Short Term Investments4.6B1.4B1.0B513.1M545.4M726.4M
Net Receivables1.4B1.4B1.5B1.1B1.0B906.7M
Common Stock Shares Outstanding128.5M137.6M138.4M138.9M138.8M135.1M
Liabilities And Stockholders Equity8.9B10.8B10.0B9.3B6.5B4.3B
Non Current Liabilities Total4.6B5.5B4.5B4.2B3.4B3.6B
Inventory446.1M395.6M552.1M676.8M332M316.7M
Other Current Assets310.5M398.4M692.2M676.8M20.3M19.3M
Other Stockholder Equity(1.3B)(1.2B)(1.1B)(1.1B)(1.0B)(1.1B)
Total Liab5.9B7.9B7.0B6.4B5.5B5.7B
Total Current Assets6.7B3.8B3.7B3.0B2.3B2.2B
Short Term Debt503K439.2M244.8M295.2M530.5M557.0M
Intangible Assets646.3M1.5B1.2B814.6M587.5M675.6M
Accounts Payable343.9M425.5M580.2M427.3M340.6M244.9M
Good Will494.6M3.7B3.4B3.5B2.3B2.4B
Property Plant And Equipment Gross382.2M489.0M1.1B1.2B1.2B1.2B
Accumulated Other Comprehensive Income(184.2M)(195.0M)(235.3M)(254.9M)(201.5M)(191.4M)
Other Liab443.2M793.9M670.7M441.2M507.4M378.6M
Other Assets585.0M1.3B1.3B667.9M1.00.95
Long Term Debt4.0B4.7B3.8B3.7B3.0B1.8B
Treasury Stock(3.5B)(3.6B)(3.6B)(3.5B)(3.2B)(3.3B)
Property Plant Equipment255.6M489.0M421.1M422.8M486.2M281.4M
Net Tangible Assets1.9B(2.3B)(1.5B)(1.5B)(1.3B)(1.2B)
Retained Earnings Total Equity4.4B4.2B4.3B4.1B4.7B3.6B
Long Term Debt Total4.0B4.7B3.8B3.7B4.3B2.9B
Capital Surpluse2.3B2.3B2.4B2.5B2.9B1.5B

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Additional Tools for Hasbro Stock Analysis

When running Hasbro's price analysis, check to measure Hasbro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hasbro is operating at the current time. Most of Hasbro's value examination focuses on studying past and present price action to predict the probability of Hasbro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hasbro's price. Additionally, you may evaluate how the addition of Hasbro to your portfolios can decrease your overall portfolio volatility.