Hasbro Net Debt vs Asset Turnover Analysis

HAS Stock  USD 62.25  0.34  0.55%   
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 Net Debt and its Asset Turnover 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.

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hasbro Inc Net Debt account and Asset Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hasbro's Net Debt and Asset Turnover is -0.16. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Asset Turnover 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 Net Debt and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Hasbro Inc are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Net Debt i.e., Hasbro's Net Debt and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
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
Click cells to compare fundamentals

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.