Hasbro, Inc. — Earnings Quality Grade F
HAS · Consumer Cyclical
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 82 days, change +1 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 13.7%, CFFO 5.4%. Cash follows revenue
Expense Quality
Inventory -5.3% vs COGS 13.8%. Normal
CapEx growth 0.4% vs revenue 13.7%. Normal
SG&A/Gross Profit = 49.1%. Normal
Gross margin 64.6%, change -0.0pp. Stable
Cash Flow Quality
CFFO/NI = -2.77. Below 1.0
FCF $0.7B, FCF/NI = -2.16
Accruals ratio = -21.9%. Low accruals
Cash $0.9B covers only 27% of debt $3.3B
Balance Sheet Health
Goodwill+Intangibles $1.7B = 318% of equity. Over 50%
Debt/EBITDA = 14.2x (>4x). Financial stress
Other assets 0.9% vs revenue 13.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -39% YoY. Normal
Manipulation Score
M-Score = -3.45 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10