Hanesbrands Net Income vs. EBITDA

HBI Stock  USD 8.71  0.00  0.00%   
Based on Hanesbrands' profitability indicators, Hanesbrands may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Hanesbrands' ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
2003-09-30
Previous Quarter
-298.4 M
Current Value
30 M
Quarterly Volatility
116.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of now, Hanesbrands' Price Sales Ratio is decreasing as compared to previous years. As of now, Hanesbrands' Operating Income is increasing as compared to previous years. The Hanesbrands' current Change To Netincome is estimated to increase to about 506.6 M, while Accumulated Other Comprehensive Income is forecasted to increase to (467.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.270.32
Fairly Down
Pretty Stable
Operating Profit Margin0.07320.075
Fairly Down
Slightly volatile
Pretax Profit Margin0.07230.0651
Significantly Up
Very volatile
For Hanesbrands profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hanesbrands to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hanesbrands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hanesbrands's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hanesbrands over time as well as its relative position and ranking within its peers.
  

Hanesbrands' Revenue Breakdown by Earning Segment

Check out Risk vs Return Analysis.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanesbrands. If investors know Hanesbrands will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanesbrands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Earnings Share
(0.24)
Revenue Per Share
15.548
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0539
The market value of Hanesbrands is measured differently than its book value, which is the value of Hanesbrands that is recorded on the company's balance sheet. Investors also form their own opinion of Hanesbrands' value that differs from its market value or its book value, called intrinsic value, which is Hanesbrands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanesbrands' market value can be influenced by many factors that don't directly affect Hanesbrands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanesbrands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanesbrands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanesbrands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Hanesbrands EBITDA vs. Net Income Fundamental Analysis

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.
Hanesbrands is rated below average in net income category among its peers. It is rated below average in ebitda category among its peers . The last year's value of Net Loss was reported at (17.73 Million). 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 EBITDA vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Hanesbrands

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(17.73 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Hanesbrands

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
363.37 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Hanesbrands EBITDA Comparison

Hanesbrands is currently under evaluation in ebitda category among its peers.

Hanesbrands Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Hanesbrands, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hanesbrands will eventually generate negative long term returns. The profitability progress is the general direction of Hanesbrands' change in net profit over the period of time. It can combine multiple indicators of Hanesbrands, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-492.3 M-467.7 M
Operating Income288.8 M534.4 M
Income Before Tax-25.1 M-23.8 M
Total Other Income Expense Net-313.9 M-298.2 M
Net Loss-17.7 M-16.8 M
Income Tax Expense-7.4 M-7 M
Net Loss-114.5 M-108.8 M
Net Loss-513.8 M-488.1 M
Non Operating Income Net Other-8.8 M-9.2 M
Interest Income180.6 M179.4 M
Net Interest Income-255.3 M-268.1 M
Change To Netincome482.5 M506.6 M
Net Loss(0.43)(0.41)
Income Quality 3.24  3.41 
Net Loss(0.43)(0.41)

Hanesbrands Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Hanesbrands. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hanesbrands position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hanesbrands' important profitability drivers and their relationship over time.

Use Hanesbrands in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hanesbrands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hanesbrands will appreciate offsetting losses from the drop in the long position's value.

Hanesbrands Pair Trading

Hanesbrands Pair Trading Analysis

The ability to find closely correlated positions to Hanesbrands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hanesbrands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hanesbrands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hanesbrands to buy it.
The correlation of Hanesbrands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hanesbrands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hanesbrands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hanesbrands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Hanesbrands position

In addition to having Hanesbrands in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Currency Funds
Currency Funds Theme
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Currency Funds Theme or any other thematic opportunities.
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When determining whether Hanesbrands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanesbrands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hanesbrands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanesbrands Stock:
Check out Risk vs Return Analysis.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
To fully project Hanesbrands' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hanesbrands at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hanesbrands' income statement, its balance sheet, and the statement of cash flows.
Potential Hanesbrands investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Hanesbrands investors may work on each financial statement separately, they are all related. The changes in Hanesbrands's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hanesbrands's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.