Hasbro Net Tangible Assets vs Total Current Assets Analysis

HAS Stock  USD 64.47  0.50  0.77%   
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 Tangible Assets and its Total Current Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Total Current Assets

Net Tangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hasbro Inc Net Tangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Hasbro's Net Tangible Assets and Total Current Assets is 0.08. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets 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 Tangible Assets and Total Current Assets 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 Tangible Assets of Hasbro Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., Hasbro's Net Tangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative is likely to drop to about 1.1 B in 2024. Tax Provision is likely to gain to about (68.9 M) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense179.7M171M186.3M195.6M
Depreciation And Amortization223.9M152.2M659.6M692.6M

Hasbro fundamental ratios Correlations

0.89-0.10.880.920.90.560.650.420.830.560.420.73-0.330.930.770.860.050.920.690.110.830.750.740.590.46
0.89-0.080.790.770.920.730.380.350.880.310.350.53-0.230.980.580.760.240.990.560.330.840.660.830.610.68
-0.1-0.08-0.07-0.10.02-0.150.110.09-0.190.090.090.0-0.34-0.110.32-0.09-0.28-0.10.090.01-0.42-0.68-0.240.330.11
0.880.79-0.070.720.910.740.530.060.880.660.060.65-0.310.780.720.890.020.860.390.430.760.750.820.650.59
0.920.77-0.10.720.680.360.770.540.680.580.540.78-0.430.830.820.75-0.080.810.78-0.020.720.670.570.50.3
0.90.920.020.910.680.710.40.260.850.390.260.57-0.250.90.610.810.170.920.510.360.770.630.790.670.65
0.560.73-0.150.740.360.710.02-0.370.920.47-0.370.140.040.660.380.750.340.75-0.120.580.720.590.940.430.82
0.650.380.110.530.770.40.020.480.30.660.480.94-0.840.470.80.5-0.690.470.74-0.050.330.360.130.66-0.12
0.420.350.090.060.540.26-0.370.48-0.07-0.231.00.52-0.370.430.25-0.01-0.140.310.92-0.340.140.08-0.170.23-0.19
0.830.88-0.190.880.680.850.920.3-0.070.58-0.070.41-0.080.860.610.890.290.920.220.40.890.770.980.490.76
0.560.310.090.660.580.390.470.66-0.230.58-0.230.56-0.440.350.810.75-0.360.420.130.160.420.420.490.480.24
0.420.350.090.060.540.26-0.370.481.0-0.07-0.230.52-0.370.430.25-0.01-0.140.310.92-0.340.140.08-0.170.23-0.19
0.730.530.00.650.780.570.140.940.520.410.560.52-0.810.590.750.54-0.580.60.780.090.420.50.250.750.04
-0.33-0.23-0.34-0.31-0.43-0.250.04-0.84-0.37-0.08-0.44-0.37-0.81-0.26-0.56-0.240.86-0.29-0.57-0.19-0.04-0.010.1-0.820.12
0.930.98-0.110.780.830.90.660.470.430.860.350.430.59-0.260.630.770.190.980.640.180.860.690.790.590.61
0.770.580.320.720.820.610.380.80.250.610.810.250.75-0.560.630.75-0.30.660.57-0.010.460.40.50.640.39
0.860.76-0.090.890.750.810.750.5-0.010.890.75-0.010.54-0.240.770.750.070.820.330.270.780.70.830.570.57
0.050.24-0.280.02-0.080.170.34-0.69-0.140.29-0.36-0.14-0.580.860.19-0.30.070.17-0.26-0.020.280.220.44-0.50.5
0.920.99-0.10.860.810.920.750.470.310.920.420.310.6-0.290.980.660.820.170.560.320.860.720.850.640.68
0.690.560.090.390.780.51-0.120.740.920.220.130.920.78-0.570.640.570.33-0.260.56-0.210.350.310.090.49-0.03
0.110.330.010.43-0.020.360.58-0.05-0.340.40.16-0.340.09-0.190.18-0.010.27-0.020.32-0.210.170.130.410.450.42
0.830.84-0.420.760.720.770.720.330.140.890.420.140.42-0.040.860.460.780.280.860.350.170.860.830.370.49
0.750.66-0.680.750.670.630.590.360.080.770.420.080.5-0.010.690.40.70.220.720.310.130.860.740.230.38
0.740.83-0.240.820.570.790.940.13-0.170.980.49-0.170.250.10.790.50.830.440.850.090.410.830.740.350.81
0.590.610.330.650.50.670.430.660.230.490.480.230.75-0.820.590.640.57-0.50.640.490.450.370.230.350.36
0.460.680.110.590.30.650.82-0.12-0.190.760.24-0.190.040.120.610.390.570.50.68-0.030.420.490.380.810.36
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 Liab912.7M(161.0M)(114.1M)1.4B1.1B643.6M
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 Other242.1M827.8M1.1B1.3B434.1M388.7M
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 Assets310.5M609.6M656.4M676.8M416.9M272.0M
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 Debt503K439.2M200.9M255.6M530.5M557.0M
Intangible Assets646.3M1.5B1.2B814.6M587.5M675.6M
Accounts Payable343.9M2.0B2.3B427.3M340.6M345.8M
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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When determining whether Hasbro Inc is a strong investment it is important to analyze Hasbro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hasbro's future performance. For an informed investment choice regarding Hasbro Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Hasbro Inc information on this page should be used as a complementary analysis to other Hasbro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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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.
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Is Hasbro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hasbro. If investors know Hasbro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hasbro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Dividend Share
2.8
Earnings Share
(10.73)
Revenue Per Share
34.26
Quarterly Revenue Growth
(0.24)
The market value of Hasbro Inc is measured differently than its book value, which is the value of Hasbro that is recorded on the company's balance sheet. Investors also form their own opinion of Hasbro's value that differs from its market value or its book value, called intrinsic value, which is Hasbro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hasbro's market value can be influenced by many factors that don't directly affect Hasbro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hasbro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hasbro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hasbro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.