Hanesbrands Ptb Ratio vs Pfcf Ratio Analysis
HBI Stock | USD 8.70 0.04 0.46% |
Hanesbrands financial indicator trend analysis is much more than just examining Hanesbrands latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hanesbrands is a good investment. Please check the relationship between Hanesbrands Ptb Ratio and its Pfcf Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanesbrands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
Ptb Ratio vs Pfcf Ratio
Ptb Ratio vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanesbrands Ptb Ratio account and Pfcf Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hanesbrands' Ptb Ratio and Pfcf Ratio is 0.33. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Hanesbrands, assuming nothing else is changed. The correlation between historical values of Hanesbrands' Ptb Ratio and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Hanesbrands are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Ptb Ratio i.e., Hanesbrands' Ptb Ratio and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Pfcf Ratio
Most indicators from Hanesbrands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hanesbrands current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanesbrands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.As of now, Hanesbrands' Enterprise Value Over EBITDA is decreasing as compared to previous years. The Hanesbrands' current Enterprise Value Multiple is estimated to increase to 9.25, while Sales General And Administrative To Revenue is projected to decrease to 0.14.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 6.8B | 6.2B | 5.6B | 5.8B | Interest Expense | 163.1M | 157.1M | 275.4M | 149.6M |
Hanesbrands fundamental ratios Correlations
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Hanesbrands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hanesbrands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.4B | 7.7B | 7.1B | 6.5B | 5.6B | 5.6B | |
Total Stockholder Equity | 1.2B | 814.0M | 702.5M | 398.3M | 419.4M | 398.4M | |
Net Debt | 3.6B | 3.6B | 3.2B | 4.1B | 3.6B | 2.0B | |
Cash | 328.9M | 909.4M | 536.3M | 238.4M | 205.5M | 278.8M | |
Non Current Assets Total | 4.1B | 4.3B | 3.5B | 3.4B | 3.4B | 2.7B | |
Non Currrent Assets Other | 90.9M | 70.4M | 54.9M | 128.0M | 150.4M | 142.9M | |
Cash And Short Term Investments | 328.9M | 909.4M | 536.3M | 238.4M | 205.5M | 278.8M | |
Common Stock Shares Outstanding | 365.5M | 352.8M | 352.1M | 350.0M | 350.6M | 304.8M | |
Liabilities And Stockholders Equity | 7.4B | 7.7B | 7.1B | 6.5B | 5.6B | 5.6B | |
Non Current Liabilities Total | 4.3B | 4.8B | 4.0B | 4.3B | 3.8B | 2.6B | |
Other Stockholder Equity | 304.4M | 307.9M | 315.3M | 334.7M | 353.4M | 650.6M | |
Total Liab | 6.1B | 6.9B | 6.4B | 6.1B | 5.2B | 4.1B | |
Total Current Assets | 3.2B | 3.4B | 3.5B | 3.1B | 2.3B | 2.9B | |
Net Receivables | 815.2M | 768.2M | 894.2M | 721.4M | 557.7M | 609.9M | |
Short Long Term Debt Total | 3.9B | 4.5B | 3.7B | 4.3B | 3.8B | 2.6B | |
Other Current Liab | 531.2M | 832.0M | 977.7M | 511.4M | 478.7M | 413.0M | |
Total Current Liabilities | 1.8B | 2.1B | 2.3B | 1.8B | 1.4B | 1.6B | |
Property Plant And Equipment Net | 1.1B | 1.0B | 805.3M | 857.3M | 843.3M | 750.0M | |
Accounts Payable | 959.0M | 891.9M | 1.2B | 917.5M | 736.3M | 618.5M | |
Good Will | 1.2B | 1.3B | 1.1B | 1.1B | 1.1B | 759.1M | |
Inventory | 1.9B | 1.5B | 1.6B | 2.0B | 1.4B | 1.6B | |
Other Current Assets | 174.6M | 391.6M | 513.7M | 192.3M | 145.0M | 220.0M | |
Property Plant And Equipment Gross | 1.1B | 1.0B | 805.3M | 857.3M | 1.9B | 2.0B | |
Accumulated Other Comprehensive Income | (617.6M) | (567.0M) | (551.6M) | (512.0M) | (492.3M) | (467.7M) | |
Short Term Debt | 281.2M | 400.4M | 134.5M | 361.8M | 175.6M | 257.0M | |
Intangible Assets | 1.5B | 1.6B | 1.2B | 1.3B | 1.2B | 723.8M | |
Other Liab | 730.8M | 681.8M | 433.9M | 376.3M | 432.7M | 503.3M | |
Other Assets | 297.2M | 443.8M | 384.8M | 150.2M | 172.8M | 164.1M | |
Long Term Debt | 3.3B | 3.7B | 3.3B | 3.6B | 3.2B | 2.5B | |
Property Plant Equipment | 587.9M | 545.8M | 805.3M | 857.3M | 985.9M | 694.2M | |
Retained Earnings | 1.5B | 1.1B | 935.3M | 572.1M | 554.8M | 911.8M | |
Common Stock Total Equity | 3.6M | 3.5M | 3.5M | 3.5M | 4.0M | 2.5M | |
Common Stock | 3.6M | 3.5M | 3.5M | 3.5M | 3.5M | 2.5M | |
Net Tangible Assets | (1.5B) | (2.0B) | (1.7B) | (2.0B) | (1.8B) | (1.7B) | |
Retained Earnings Total Equity | 1.5B | 1.1B | 935.3M | 572.1M | 657.9M | 1.2B | |
Short Term Investments | 136K | 12.4M | 926K | 23K | 26.5K | 25.1K | |
Long Term Debt Total | 3.3B | 3.7B | 3.3B | 3.6B | 4.2B | 3.0B | |
Capital Surpluse | 304.4M | 307.9M | 315.3M | 334.7M | 384.9M | 320.6M | |
Deferred Long Term Liab | 6.6M | 5.1M | 6.8M | 6.8M | 7.9M | 8.2M |
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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 to better understand how to build diversified portfolios, which includes a position in Hanesbrands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.