Hanesbrands Balance Sheet Health
Financial Health criteria checks 1/6
Hanesbrands has a total shareholder equity of $149.3M and total debt of $3.3B, which brings its debt-to-equity ratio to 2193.3%. Its total assets and total liabilities are $5.5B and $5.3B respectively. Hanesbrands's EBIT is $490.8M making its interest coverage ratio 1.9. It has cash and short-term investments of $317.9M.
Key information
2,193.3%
Debt to equity ratio
US$3.28b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$317.90m |
| Equity | US$149.34m |
| Total liabilities | US$5.31b |
| Total assets | US$5.46b |
Recent financial health updates
Is Hanesbrands (NYSE:HBI) Using Too Much Debt?
Dec 19
Is Hanesbrands (NYSE:HBI) A Risky Investment?
Sep 14Hanesbrands (NYSE:HBI) Has No Shortage Of Debt
May 31Is Hanesbrands (NYSE:HBI) A Risky Investment?
Feb 16Hanesbrands (NYSE:HBI) Seems To Be Using A Lot Of Debt
Sep 28Hanesbrands (NYSE:HBI) Has No Shortage Of Debt
Jun 12Recent updates
Is Hanesbrands (NYSE:HBI) Using Too Much Debt?
Dec 19Optimistic Investors Push Hanesbrands Inc. (NYSE:HBI) Shares Up 27% But Growth Is Lacking
Nov 27Is It Time To Consider Buying Hanesbrands Inc. (NYSE:HBI)?
Nov 10Hanesbrands Has Already Priced In Projections, Leaving Little Margin For Error
Nov 08Hanesbrands' (NYSE:HBI) Returns On Capital Not Reflecting Well On The Business
Oct 11Hanesbrands: Champion Sale And Deleveraging Thesis Played Out; Downgrade To Hold
Sep 18Is Hanesbrands (NYSE:HBI) A Risky Investment?
Sep 14Hanesbrands: No Longer Standing Still After Q2 Earnings
Aug 14Hanesbrands Inc.'s (NYSE:HBI) 32% Price Boost Is Out Of Tune With Revenues
Aug 09Calculating The Intrinsic Value Of Hanesbrands Inc. (NYSE:HBI)
Aug 05What Does Hanesbrands Inc.'s (NYSE:HBI) Share Price Indicate?
Jul 15Investors Aren't Buying Hanesbrands Inc.'s (NYSE:HBI) Revenues
Jun 21Hanesbrands (NYSE:HBI) Has No Shortage Of Debt
May 31Hanesbrands Is Not An Opportunity After Rumours Of $1 Billion Price For Champion
May 26Hanesbrands: Not An Opportunity Even After The Recent Drop
Apr 03Investors Could Be Concerned With Hanesbrands' (NYSE:HBI) Returns On Capital
Mar 29What Hanesbrands Inc. Could Look Like With And Without Champion
Mar 21Optimistic Investors Push Hanesbrands Inc. (NYSE:HBI) Shares Up 27% But Growth Is Lacking
Mar 08Hanesbrands: Speculative Buy On Innerwear Business Turnaround
Feb 22Is Hanesbrands (NYSE:HBI) A Risky Investment?
Feb 16Hanesbrands Inc.'s (NYSE:HBI) Intrinsic Value Is Potentially 82% Above Its Share Price
Jan 17There's No Escaping Hanesbrands Inc.'s (NYSE:HBI) Muted Revenues
Dec 25Hanesbrands Has Three Business Catalysts To Catapult Its Earnings Multiples
Dec 18Hanesbrands Q3: Looking To Fix Or Sell Champion
Nov 22Hanesbrands: No Signs Of Recovery Just Yet
Oct 27Hanesbrands (NYSE:HBI) May Have Issues Allocating Its Capital
Oct 24Hanesbrands: Still Falling Short
Oct 20Hanesbrands (NYSE:HBI) Seems To Be Using A Lot Of Debt
Sep 28Hanesbrands: Progress Continues, Reiterate Buy
Aug 18Hanesbrands: Decline In Progress
Aug 02Returns On Capital Signal Difficult Times Ahead For Hanesbrands (NYSE:HBI)
Jul 09Hanesbrands: Reducing Inventory Is The Key To A Turnaround
Jun 14Hanesbrands (NYSE:HBI) Has No Shortage Of Debt
Jun 12Hanesbrands: Dumpster Fire Or Value Opportunity?
Jun 06Some Investors May Be Worried About Hanesbrands' (NYSE:HBI) Returns On Capital
Apr 09At US$4.90, Is It Time To Put Hanesbrands Inc. (NYSE:HBI) On Your Watch List?
Mar 24Does Hanesbrands (NYSE:HBI) Have A Healthy Balance Sheet?
Feb 22HanesBrands launches offering of $600M of senior notes
Feb 10Hanesbrands: Investors Stand In Their Shorts
Feb 03Hanesbrands: Undervalued, Could Be An Attractive Holding
Jan 27Hanesbrands: The Debt Might Not Be An Issue
Jan 19Hanesbrands Inc. (NYSE:HBI) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jan 16HanesBrands gains ~8% after co says Q4 net sales to be above its own guidance range
Jan 12Slowing Rates Of Return At Hanesbrands (NYSE:HBI) Leave Little Room For Excitement
Dec 21Hanesbrands: Inventory Management Is The Key To Be 'Champion'
Dec 19Hanesbrands: Too Aggressive With Leverage To See Appeal
Dec 07Financial Position Analysis
Short Term Liabilities: HBI's short term assets ($2.3B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: HBI's short term assets ($2.3B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: HBI's net debt to equity ratio (1980.4%) is considered high.
Reducing Debt: HBI's debt to equity ratio has increased from 311.5% to 2193.3% over the past 5 years.
Debt Coverage: HBI's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: HBI's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 19:45 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hanesbrands Inc. is covered by 32 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Matthew McClintock | Barclays |
| Paul Kearney | Barclays |