Hanesbrands Good Will from 2010 to 2024

HBI Stock  USD 8.54  0.35  4.27%   
Hanesbrands' Good Will is increasing with slightly volatile movements from year to year. Good Will is predicted to flatten to about 759.1 M. Good Will is an intangible asset that arises when Hanesbrands acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2004-06-30
Previous Quarter
658.7 M
Current Value
667.5 M
Quarterly Volatility
382.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hanesbrands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hanesbrands' main balance sheet or income statement drivers, such as Interest Expense of 149.6 M, Total Revenue of 5.8 B or Gross Profit of 2 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0889 or PTB Ratio of 5.06. Hanesbrands financial statements analysis is a perfect complement when working with Hanesbrands Valuation or Volatility modules.
  
Check out the analysis of Hanesbrands Correlation against competitors.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.

Latest Hanesbrands' Good Will Growth Pattern

Below is the plot of the Good Will of Hanesbrands over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Hanesbrands' Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hanesbrands' overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Hanesbrands Good Will Regression Statistics

Arithmetic Mean896,122,643
Geometric Mean820,979,270
Coefficient Of Variation37.27
Mean Deviation291,250,647
Median1,098,540,000
Standard Deviation333,952,817
Sample Variance111524.5T
Range976.8M
R-Value0.74
Mean Square Error55065.8T
R-Squared0.54
Significance0
Slope54,950,884
Total Sum of Squares1561342.8T

Hanesbrands Good Will History

2024759.1 M
20231.1 B
20221.1 B
20211.1 B
20201.3 B
20191.2 B
20181.2 B

About Hanesbrands Financial Statements

Investors use fundamental indicators, such as Hanesbrands' Good Will, to determine how well the company is positioned to perform in the future. Although Hanesbrands' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Good Will1.1 B759.1 M

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 the analysis of Hanesbrands Correlation against competitors.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.