Mattel Balance Sheet Health
Financial Health criteria checks 5/6
Mattel has a total shareholder equity of $2.3B and total debt of $2.3B, which brings its debt-to-equity ratio to 100.9%. Its total assets and total liabilities are $6.5B and $4.2B respectively. Mattel's EBIT is $687.3M making its interest coverage ratio 9.6. It has cash and short-term investments of $723.5M.
Key information
100.9%
Debt to equity ratio
US$2.33b
Debt
| Interest coverage ratio | 9.6x |
| Cash | US$723.53m |
| Equity | US$2.31b |
| Total liabilities | US$4.20b |
| Total assets | US$6.51b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JZH's short term assets ($3.2B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: 0JZH's short term assets ($3.2B) exceed its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: 0JZH's net debt to equity ratio (69.6%) is considered high.
Reducing Debt: 0JZH's debt to equity ratio has reduced from 680.4% to 100.9% over the past 5 years.
Debt Coverage: 0JZH's debt is well covered by operating cash flow (38.1%).
Interest Coverage: 0JZH's interest payments on its debt are well covered by EBIT (9.6x coverage).