Mattel Balance Sheet Health
Financial Health criteria checks 5/6
Mattel has a total shareholder equity of $2.1B and total debt of $2.3B, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are $6.4B and $4.3B respectively. Mattel's EBIT is $639.3M making its interest coverage ratio 6.5. It has cash and short-term investments of $1.3B.
Key information
108.4%
Debt to equity ratio
US$2.33b
Debt
Interest coverage ratio | 6.5x |
Cash | US$1.26b |
Equity | US$2.15b |
Total liabilities | US$4.29b |
Total assets | US$6.44b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTT's short term assets ($3.1B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: MTT's short term assets ($3.1B) exceed its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: MTT's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: MTT's debt to equity ratio has reduced from 428.2% to 108.4% over the past 5 years.
Debt Coverage: MTT's debt is well covered by operating cash flow (37.3%).
Interest Coverage: MTT's interest payments on its debt are well covered by EBIT (6.5x coverage).