Disney's 10-Q: Variable Borrowing Rates and Key Dates
Ticker: DIS · Form: 10-Q · Filed: May 7, 2025 · CIK: 1744489
| Field | Detail |
|---|---|
| Company | Walt Disney CO (DIS) |
| Form Type | 10-Q |
| Filed Date | May 7, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing, earnings
TL;DR
Disney's 10-Q shows borrowing rates tied to SOFR and credit ratings, with spreads from 0.63%-1.10%.
AI Summary
The Walt Disney Company filed a 10-Q for the period ending March 29, 2025. The company's bank facilities allow for borrowings at rates based on SOFR and other variable rates, with spreads ranging from 0.63% to 1.10% depending on debt ratings from Moody's and S&P Global Ratings. The filing also includes various dates related to fiscal year ends and reporting periods.
Why It Matters
This filing provides insight into Disney's debt structure and borrowing costs, which can impact the company's financial flexibility and profitability.
Risk Assessment
Risk Level: low — The filing primarily contains routine financial reporting and does not indicate any immediate or significant new risks.
Key Numbers
- 0.63% — Minimum Borrowing Spread (Lowest spread tied to debt ratings)
- 1.10% — Maximum Borrowing Spread (Highest spread tied to debt ratings)
Key Players & Entities
- Walt Disney Co (company) — Filer of the 10-Q
- Secured Overnight Financing Rate (SOFR) (dollar_amount) — Benchmark for borrowing rates
- Moody's Ratings (company) — Debt rating agency
- S&P Global Ratings (company) — Debt rating agency
- 0.63% (dollar_amount) — Minimum spread on borrowings
- 1.10% (dollar_amount) — Maximum spread on borrowings
- March 29, 2025 (date) — End of the reporting period
FAQ
What is the benchmark rate for Walt Disney Co's bank facilities?
The benchmark rate is the Secured Overnight Financing Rate (SOFR) for U.S. dollar borrowings and other variable rates for non-U.S. dollar denominated borrowings.
How do the borrowing spreads vary for Walt Disney Co?
The spreads vary based on the company's debt ratings assigned by Moody's Ratings and S&P Global Ratings, ranging from 0.63% to 1.10%.
What is the period covered by this 10-Q filing?
The filing covers the period ending March 29, 2025.
When was this 10-Q filed?
This 10-Q was filed on May 7, 2025.
What is the fiscal year end for The Walt Disney Company?
The fiscal year end for The Walt Disney Company is September 27.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 7, 2025 regarding Walt Disney Co (DIS).