Hanesbrands Total Stockholder Equity vs Non Currrent Assets Other 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 Total Stockholder Equity and its Non Currrent Assets Other 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.

Total Stockholder Equity vs Non Currrent Assets Other

Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanesbrands Total Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hanesbrands' Total Stockholder Equity and Non Currrent Assets Other is 0.58. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Hanesbrands, assuming nothing else is changed. The correlation between historical values of Hanesbrands' Total Stockholder Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Hanesbrands are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Stockholder Equity i.e., Hanesbrands' Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Revenue6.8B6.2B5.6B5.8B
Interest Expense163.1M157.1M275.4M149.6M

Hanesbrands fundamental ratios Correlations

-0.230.840.820.77-0.470.82-0.510.89-0.350.90.790.580.90.130.860.610.90.950.690.260.140.570.970.470.07
-0.23-0.55-0.050.090.58-0.050.67-0.510.42-0.5-0.430.36-0.540.25-0.1-0.23-0.4-0.36-0.2-0.28-0.55-0.09-0.3-0.150.23
0.84-0.550.520.44-0.740.52-0.450.98-0.660.970.850.160.99-0.230.540.540.870.940.680.220.210.560.90.530.06
0.82-0.050.520.72-0.221.0-0.390.63-0.130.660.560.570.640.350.820.510.640.70.290.430.050.450.730.30.24
0.770.090.440.720.180.72-0.480.480.290.460.220.820.520.580.830.610.530.640.36-0.060.170.190.74-0.03-0.24
-0.470.58-0.74-0.220.18-0.220.22-0.750.95-0.77-0.870.35-0.720.65-0.09-0.23-0.63-0.62-0.45-0.43-0.19-0.56-0.51-0.72-0.3
0.82-0.050.521.00.72-0.22-0.390.63-0.130.660.560.570.640.350.820.510.640.70.290.430.050.450.730.30.24
-0.510.67-0.45-0.39-0.480.22-0.39-0.45-0.08-0.46-0.33-0.18-0.52-0.21-0.55-0.52-0.47-0.49-0.26-0.17-0.77-0.12-0.510.040.51
0.89-0.510.980.630.48-0.750.63-0.45-0.660.990.890.220.99-0.20.60.560.890.950.680.30.180.570.920.610.16
-0.350.42-0.66-0.130.290.95-0.13-0.08-0.66-0.68-0.790.4-0.610.70.04-0.1-0.53-0.51-0.41-0.390.06-0.53-0.39-0.75-0.49
0.9-0.50.970.660.46-0.770.66-0.460.99-0.680.930.230.98-0.180.640.540.930.950.680.380.170.610.910.620.17
0.79-0.430.850.560.22-0.870.56-0.330.89-0.790.930.110.86-0.350.520.340.860.820.720.440.050.680.760.750.33
0.580.360.160.570.820.350.57-0.180.220.40.230.110.230.670.780.170.410.40.35-0.03-0.260.070.49-0.1-0.14
0.9-0.540.990.640.52-0.720.64-0.520.99-0.610.980.860.23-0.160.630.580.890.960.670.270.240.580.940.530.07
0.130.25-0.230.350.580.650.35-0.21-0.20.7-0.18-0.350.67-0.160.550.210.05-0.03-0.240.12-0.03-0.220.06-0.48-0.4
0.86-0.10.540.820.83-0.090.82-0.550.60.040.640.520.780.630.550.50.790.720.480.350.090.360.770.13-0.12
0.61-0.230.540.510.61-0.230.51-0.520.56-0.10.540.340.170.580.210.50.510.580.180.270.460.210.60.12-0.15
0.9-0.40.870.640.53-0.630.64-0.470.89-0.530.930.860.410.890.050.790.510.920.660.460.10.510.880.470.06
0.95-0.360.940.70.64-0.620.7-0.490.95-0.510.950.820.40.96-0.030.720.580.920.650.240.220.60.990.50.01
0.69-0.20.680.290.36-0.450.29-0.260.68-0.410.680.720.350.67-0.240.480.180.660.65-0.16-0.10.580.650.540.08
0.26-0.280.220.43-0.06-0.430.43-0.170.3-0.390.380.44-0.030.270.120.350.270.460.24-0.16-0.020.10.180.210.24
0.14-0.550.210.050.17-0.190.05-0.770.180.060.170.05-0.260.24-0.030.090.460.10.22-0.1-0.02-0.020.22-0.09-0.5
0.57-0.090.560.450.19-0.560.45-0.120.57-0.530.610.680.070.58-0.220.360.210.510.60.580.1-0.020.580.650.12
0.97-0.30.90.730.74-0.510.73-0.510.92-0.390.910.760.490.940.060.770.60.880.990.650.180.220.580.48-0.04
0.47-0.150.530.3-0.03-0.720.30.040.61-0.750.620.75-0.10.53-0.480.130.120.470.50.540.21-0.090.650.480.49
0.070.230.060.24-0.24-0.30.240.510.16-0.490.170.33-0.140.07-0.4-0.12-0.150.060.010.080.24-0.50.12-0.040.49
Click cells to compare fundamentals

Hanesbrands Account Relationship Matchups

Hanesbrands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4B7.7B7.1B6.5B5.6B5.6B
Total Stockholder Equity1.2B814.0M702.5M398.3M419.4M398.4M
Net Debt3.6B3.6B3.2B4.1B3.6B2.0B
Cash328.9M909.4M536.3M238.4M205.5M278.8M
Non Current Assets Total4.1B4.3B3.5B3.4B3.4B2.7B
Non Currrent Assets Other90.9M70.4M54.9M128.0M150.4M142.9M
Cash And Short Term Investments328.9M909.4M536.3M238.4M205.5M278.8M
Common Stock Shares Outstanding365.5M352.8M352.1M350.0M350.6M304.8M
Liabilities And Stockholders Equity7.4B7.7B7.1B6.5B5.6B5.6B
Non Current Liabilities Total4.3B4.8B4.0B4.3B3.8B2.6B
Other Stockholder Equity304.4M307.9M315.3M334.7M353.4M650.6M
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
Short Long Term Debt Total3.9B4.5B3.7B4.3B3.8B2.6B
Other Current Liab531.2M832.0M977.7M511.4M478.7M413.0M
Total Current Liabilities1.8B2.1B2.3B1.8B1.4B1.6B
Property Plant And Equipment Net1.1B1.0B805.3M857.3M843.3M750.0M
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
Property Plant And Equipment Gross1.1B1.0B805.3M857.3M1.9B2.0B
Accumulated Other Comprehensive Income(617.6M)(567.0M)(551.6M)(512.0M)(492.3M)(467.7M)
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
Property Plant Equipment587.9M545.8M805.3M857.3M985.9M694.2M
Retained Earnings1.5B1.1B935.3M572.1M554.8M911.8M
Common Stock Total Equity3.6M3.5M3.5M3.5M4.0M2.5M
Common Stock3.6M3.5M3.5M3.5M3.5M2.5M
Net Tangible Assets(1.5B)(2.0B)(1.7B)(2.0B)(1.8B)(1.7B)
Retained Earnings Total Equity1.5B1.1B935.3M572.1M657.9M1.2B
Short Term Investments136K12.4M926K23K26.5K25.1K
Long Term Debt Total3.3B3.7B3.3B3.6B4.2B3.0B
Capital Surpluse304.4M307.9M315.3M334.7M384.9M320.6M
Deferred Long Term Liab6.6M5.1M6.8M6.8M7.9M8.2M

Currently Active Assets on Macroaxis

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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.