Mattel Balance Sheet Health
Financial Health criteria checks 4/6
Mattel has a total shareholder equity of $2.0B and total debt of $2.3B, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are $6.1B and $4.0B respectively. Mattel's EBIT is $649.1M making its interest coverage ratio 7.5. It has cash and short-term investments of $1.1B.
Key information
115.1%
Debt to equity ratio
US$2.33b
Debt
Interest coverage ratio | 7.5x |
Cash | US$1.13b |
Equity | US$2.03b |
Total liabilities | US$4.04b |
Total assets | US$6.07b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JZH's short term assets ($2.7B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: 0JZH's short term assets ($2.7B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: 0JZH's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: 0JZH's debt to equity ratio has reduced from 550.3% to 115.1% over the past 5 years.
Debt Coverage: 0JZH's debt is well covered by operating cash flow (47.7%).
Interest Coverage: 0JZH's interest payments on its debt are well covered by EBIT (7.5x coverage).