Hanesbrands Balance Sheet Health
Financial Health criteria checks 1/6
Hanesbrands has a total shareholder equity of $338.2M and total debt of $3.3B, which brings its debt-to-equity ratio to 975.6%. Its total assets and total liabilities are $5.6B and $5.3B respectively. Hanesbrands's EBIT is $385.5M making its interest coverage ratio 1.4. It has cash and short-term investments of $191.2M.
Key information
975.6%
Debt to equity ratio
US$3.30b
Debt
Interest coverage ratio | 1.4x |
Cash | US$191.24m |
Equity | US$338.17m |
Total liabilities | US$5.25b |
Total assets | US$5.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H1BI34's short term assets ($2.3B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: H1BI34's short term assets ($2.3B) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: H1BI34's net debt to equity ratio (919%) is considered high.
Reducing Debt: H1BI34's debt to equity ratio has increased from 394.8% to 975.6% over the past 5 years.
Debt Coverage: H1BI34's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: H1BI34's interest payments on its debt are not well covered by EBIT (1.4x coverage).