Hanesbrands Financials

HBI Stock  USD 8.70  0.04  0.46%   
Based on the key indicators related to Hanesbrands' liquidity, profitability, solvency, and operating efficiency, Hanesbrands may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, Hanesbrands' Total Current Assets are increasing as compared to previous years. The Hanesbrands' current Net Receivables is estimated to increase to about 609.9 M, while Total Assets are projected to decrease to under 5.6 B. Key indicators impacting Hanesbrands' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio6.5111.14
Way Down
Slightly volatile
Current Ratio2.332.01
Fairly Up
Pretty Stable
The financial analysis of Hanesbrands is a critical element in measuring its lifeblood. Investors should not minimize Hanesbrands' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

521.56 Million

  
Understanding current and past Hanesbrands Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hanesbrands' financial statements are interrelated, with each one affecting the others. For example, an increase in Hanesbrands' assets may result in an increase in income on the income statement.

Hanesbrands Earnings Geography

Hanesbrands Stock Summary

Hanesbrands competes with Ralph Lauren, Levi Strauss, Under Armour, PVH Corp, and Under Armour. Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children. Hanesbrands Inc. was founded in 1901 and is headquartered in Winston-Salem, North Carolina. Hanesbrands operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 59000 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4103451021
CUSIP410345102
LocationNorth Carolina; U.S.A
Business Address1000 East Hanes
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.hanes.com
Phone336 519 8080
CurrencyUSD - US Dollar

Hanesbrands Key Financial Ratios

Hanesbrands Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets7.4B7.7B7.1B6.5B5.6B5.6B
Net Debt3.6B3.6B3.2B4.1B3.6B2.0B
Cash328.9M909.4M536.3M238.4M205.5M278.8M
Total Liab6.1B6.9B6.4B6.1B5.2B4.1B
Total Current Assets3.2B3.4B3.5B3.1B2.3B2.9B
Net Receivables815.2M768.2M894.2M721.4M557.7M609.9M
Other Current Liab531.2M832.0M977.7M511.4M478.7M413.0M
Accounts Payable959.0M891.9M1.2B917.5M736.3M618.5M
Good Will1.2B1.3B1.1B1.1B1.1B759.1M
Inventory1.9B1.5B1.6B2.0B1.4B1.6B
Other Current Assets174.6M391.6M513.7M192.3M145.0M220.0M
Short Term Debt281.2M400.4M134.5M361.8M175.6M257.0M
Intangible Assets1.5B1.6B1.2B1.3B1.2B723.8M
Other Liab730.8M681.8M433.9M376.3M432.7M503.3M
Other Assets297.2M443.8M384.8M150.2M172.8M164.1M
Long Term Debt3.3B3.7B3.3B3.6B3.2B2.5B
Retained Earnings1.5B1.1B935.3M572.1M554.8M911.8M
Common Stock3.6M3.5M3.5M3.5M3.5M2.5M
Net Tangible Assets(1.5B)(2.0B)(1.7B)(2.0B)(1.8B)(1.7B)
Long Term Debt Total3.3B3.7B3.3B3.6B4.2B3.0B
Capital Surpluse304.4M307.9M315.3M334.7M384.9M320.6M

Hanesbrands Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense178.6M166.5M163.1M157.1M275.4M149.6M
Total Revenue7.0B6.7B6.8B6.2B5.6B5.8B
Gross Profit2.7B1.8B2.7B2.2B1.9B2.0B
Operating Income889.7M(16.6M)797.7M519.5M288.8M534.4M
Ebit889.7M29.6M748.0M594.3M258.3M245.4M
Ebitda989.3M156.3M860.7M700.6M363.4M656.7M
Cost Of Revenue4.2B4.8B4.1B4.0B3.7B3.8B
Income Before Tax679.7M(183.1M)581.1M352.7M(25.1M)(23.8M)
Net Income600.7M(75.6M)521.0M(131.2M)(17.7M)(16.8M)
Income Tax Expense79.0M(107.5M)60.1M483.9M(7.4M)(7.0M)
Research Development51.5M37.4M39.3M38.9M36.0M40.3M
Tax Provision79.0M(107.5M)60.1M483.9M476.7M500.5M
Interest Income178.6M166.5M163.1M157.1M180.6M179.4M
Net Interest Income(178.6M)(166.5M)(163.1M)(157.1M)(255.3M)(268.1M)
Extraordinary Items27.4M38.3M(443.7M)4.0M3.6M3.7M

Hanesbrands Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory147.3M(136.1M)(293.5M)(437.6M)600.0M630.0M
Change In Cash(126.9M)579.5M(350.0M)(322.2M)(32.9M)(34.6M)
Free Cash Flow702.3M394.7M554.1M(573.9M)517.7M377.7M
Depreciation131.0M132.4M114.2M106.3M105.0M121.8M
Other Non Cash Items15.8M650.2M529.4M11.6M21.7M20.6M
Capital Expenditures101.1M53.7M69.3M215.1M44.1M74.5M
Net Income600.7M(75.6M)77.2M(127.2M)(17.7M)(16.8M)
End Period Cash Flow328.9M909.4M560.6M238.4M205.5M363.8M
Dividends Paid217.0M210.4M209.5M209.3M52.4M49.7M
Change Receivables45.2M(6.9M)(181.2M)154.1M177.3M186.1M
Net Borrowings(579.1M)562.5M(625.5M)533.6M613.6M644.3M
Change To Netincome56.1M496.4M537.6M419.6M482.5M506.6M
Investments(109.7M)(41.1M)(52.5M)(216.4M)(52.5M)(55.1M)

Hanesbrands Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hanesbrands's current stock value. Our valuation model uses many indicators to compare Hanesbrands value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hanesbrands competition to find correlations between indicators driving Hanesbrands's intrinsic value. More Info.
Hanesbrands is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, Hanesbrands' Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hanesbrands' earnings, one of the primary drivers of an investment's value.

Hanesbrands' Earnings Breakdown by Geography

Hanesbrands Systematic Risk

Hanesbrands' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hanesbrands volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Hanesbrands correlated with the market. If Beta is less than 0 Hanesbrands generally moves in the opposite direction as compared to the market. If Hanesbrands Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hanesbrands is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hanesbrands is generally in the same direction as the market. If Beta > 1 Hanesbrands moves generally in the same direction as, but more than the movement of the benchmark.

Hanesbrands Thematic Clasifications

Hanesbrands is part of Macroaxis Index investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Macroaxis power theme of selected equities with solid fundamentals. An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system
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Today, most investors in Hanesbrands Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hanesbrands' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hanesbrands growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.12

As of now, Hanesbrands' Price Earnings To Growth Ratio is decreasing as compared to previous years.

Hanesbrands November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hanesbrands help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hanesbrands. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hanesbrands based on widely used predictive technical indicators. In general, we focus on analyzing Hanesbrands Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hanesbrands's daily price indicators and compare them against related drivers.

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When running Hanesbrands' price analysis, check to measure Hanesbrands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanesbrands is operating at the current time. Most of Hanesbrands' value examination focuses on studying past and present price action to predict the probability of Hanesbrands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanesbrands' price. Additionally, you may evaluate how the addition of Hanesbrands to your portfolios can decrease your overall portfolio volatility.
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