Hanesbrands Cash And Equivalents vs Free Cash Flow Yield Analysis

HBI Stock

USD 8.54 0.35 4.27%

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 Cash And Equivalents and its Free Cash Flow Yield 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.

Cash And Equivalents vs Free Cash Flow Yield

Cash And Equivalents vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanesbrands Cash And Equivalents account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Hanesbrands' Cash And Equivalents and Free Cash Flow Yield is 0.4. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Hanesbrands, assuming nothing else is changed. The correlation between historical values of Hanesbrands' Cash And Equivalents and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Hanesbrands are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Cash And Equivalents i.e., Hanesbrands' Cash And Equivalents and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash And Equivalents

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 9.14, 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

Total Revenue Interest Expense

Hanesbrands fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Good Will	Inventory	Other Current Assets	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets	Other Liab	Other Assets
Total Assets		-0.23	0.84	0.82	0.77	-0.47	0.82	-0.51	0.89	-0.35	0.9	0.79	0.58	0.9	0.13	0.86	0.61	0.9	0.95	0.69	0.26	0.14	0.57	0.97	0.47	0.07
Total Stockholder Equity	-0.23		-0.55	-0.05	0.09	0.58	-0.05	0.67	-0.51	0.42	-0.5	-0.43	0.36	-0.54	0.25	-0.1	-0.23	-0.4	-0.36	-0.2	-0.28	-0.55	-0.09	-0.3	-0.15	0.23
Net Debt	0.84	-0.55		0.52	0.44	-0.74	0.52	-0.45	0.98	-0.66	0.97	0.85	0.16	0.99	-0.23	0.54	0.54	0.87	0.94	0.68	0.22	0.21	0.56	0.9	0.53	0.06
Cash	0.82	-0.05	0.52		0.72	-0.22	1.0	-0.39	0.63	-0.13	0.66	0.56	0.57	0.64	0.35	0.82	0.51	0.64	0.7	0.29	0.43	0.05	0.45	0.73	0.3	0.24
Non Current Assets Total	0.77	0.09	0.44	0.72		0.18	0.72	-0.48	0.48	0.29	0.46	0.22	0.82	0.52	0.58	0.83	0.61	0.53	0.64	0.36	-0.06	0.17	0.19	0.74	-0.03	-0.24
Non Currrent Assets Other	-0.47	0.58	-0.74	-0.22	0.18		-0.22	0.22	-0.75	0.95	-0.77	-0.87	0.35	-0.72	0.65	-0.09	-0.23	-0.63	-0.62	-0.45	-0.43	-0.19	-0.56	-0.51	-0.72	-0.3
Cash And Short Term Investments	0.82	-0.05	0.52	1.0	0.72	-0.22		-0.39	0.63	-0.13	0.66	0.56	0.57	0.64	0.35	0.82	0.51	0.64	0.7	0.29	0.43	0.05	0.45	0.73	0.3	0.24
Common Stock Shares Outstanding	-0.51	0.67	-0.45	-0.39	-0.48	0.22	-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	-0.51	0.04	0.51
Non Current Liabilities Total	0.89	-0.51	0.98	0.63	0.48	-0.75	0.63	-0.45		-0.66	0.99	0.89	0.22	0.99	-0.2	0.6	0.56	0.89	0.95	0.68	0.3	0.18	0.57	0.92	0.61	0.16
Other Stockholder Equity	-0.35	0.42	-0.66	-0.13	0.29	0.95	-0.13	-0.08	-0.66		-0.68	-0.79	0.4	-0.61	0.7	0.04	-0.1	-0.53	-0.51	-0.41	-0.39	0.06	-0.53	-0.39	-0.75	-0.49
Total Liab	0.9	-0.5	0.97	0.66	0.46	-0.77	0.66	-0.46	0.99	-0.68		0.93	0.23	0.98	-0.18	0.64	0.54	0.93	0.95	0.68	0.38	0.17	0.61	0.91	0.62	0.17
Total Current Assets	0.79	-0.43	0.85	0.56	0.22	-0.87	0.56	-0.33	0.89	-0.79	0.93		0.11	0.86	-0.35	0.52	0.34	0.86	0.82	0.72	0.44	0.05	0.68	0.76	0.75	0.33
Net Receivables	0.58	0.36	0.16	0.57	0.82	0.35	0.57	-0.18	0.22	0.4	0.23	0.11		0.23	0.67	0.78	0.17	0.41	0.4	0.35	-0.03	-0.26	0.07	0.49	-0.1	-0.14
Short Long Term Debt Total	0.9	-0.54	0.99	0.64	0.52	-0.72	0.64	-0.52	0.99	-0.61	0.98	0.86	0.23		-0.16	0.63	0.58	0.89	0.96	0.67	0.27	0.24	0.58	0.94	0.53	0.07
Other Current Liab	0.13	0.25	-0.23	0.35	0.58	0.65	0.35	-0.21	-0.2	0.7	-0.18	-0.35	0.67	-0.16		0.55	0.21	0.05	-0.03	-0.24	0.12	-0.03	-0.22	0.06	-0.48	-0.4
Total Current Liabilities	0.86	-0.1	0.54	0.82	0.83	-0.09	0.82	-0.55	0.6	0.04	0.64	0.52	0.78	0.63	0.55		0.5	0.79	0.72	0.48	0.35	0.09	0.36	0.77	0.13	-0.12
Property Plant And Equipment Net	0.61	-0.23	0.54	0.51	0.61	-0.23	0.51	-0.52	0.56	-0.1	0.54	0.34	0.17	0.58	0.21	0.5		0.51	0.58	0.18	0.27	0.46	0.21	0.6	0.12	-0.15
Accounts Payable	0.9	-0.4	0.87	0.64	0.53	-0.63	0.64	-0.47	0.89	-0.53	0.93	0.86	0.41	0.89	0.05	0.79	0.51		0.92	0.66	0.46	0.1	0.51	0.88	0.47	0.06
Good Will	0.95	-0.36	0.94	0.7	0.64	-0.62	0.7	-0.49	0.95	-0.51	0.95	0.82	0.4	0.96	-0.03	0.72	0.58	0.92		0.65	0.24	0.22	0.6	0.99	0.5	0.01
Inventory	0.69	-0.2	0.68	0.29	0.36	-0.45	0.29	-0.26	0.68	-0.41	0.68	0.72	0.35	0.67	-0.24	0.48	0.18	0.66	0.65		-0.16	-0.1	0.58	0.65	0.54	0.08
Other Current Assets	0.26	-0.28	0.22	0.43	-0.06	-0.43	0.43	-0.17	0.3	-0.39	0.38	0.44	-0.03	0.27	0.12	0.35	0.27	0.46	0.24	-0.16		-0.02	0.1	0.18	0.21	0.24
Property Plant And Equipment Gross	0.14	-0.55	0.21	0.05	0.17	-0.19	0.05	-0.77	0.18	0.06	0.17	0.05	-0.26	0.24	-0.03	0.09	0.46	0.1	0.22	-0.1	-0.02		-0.02	0.22	-0.09	-0.5
Short Term Debt	0.57	-0.09	0.56	0.45	0.19	-0.56	0.45	-0.12	0.57	-0.53	0.61	0.68	0.07	0.58	-0.22	0.36	0.21	0.51	0.6	0.58	0.1	-0.02		0.58	0.65	0.12
Intangible Assets	0.97	-0.3	0.9	0.73	0.74	-0.51	0.73	-0.51	0.92	-0.39	0.91	0.76	0.49	0.94	0.06	0.77	0.6	0.88	0.99	0.65	0.18	0.22	0.58		0.48	-0.04
Other Liab	0.47	-0.15	0.53	0.3	-0.03	-0.72	0.3	0.04	0.61	-0.75	0.62	0.75	-0.1	0.53	-0.48	0.13	0.12	0.47	0.5	0.54	0.21	-0.09	0.65	0.48		0.49
Other Assets	0.07	0.23	0.06	0.24	-0.24	-0.3	0.24	0.51	0.16	-0.49	0.17	0.33	-0.14	0.07	-0.4	-0.12	-0.15	0.06	0.01	0.08	0.24	-0.5	0.12	-0.04	0.49

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Hanesbrands Account Relationship Matchups

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:

How To Invest In Hanesbrands

Details

Is Hanesbrands Stock a good investment?

Details

What is Hanesbrands' Net Worth?

Details

Largest Apparel, Accessories & Luxury Goods Companies

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Largest Consumer Durables & Apparel Companies

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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.

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Hanesbrands Cash And Equivalents vs Free Cash Flow Yield Analysis

Cash And Equivalents vs Free Cash Flow Yield

Cash And Equivalents vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Cash And Equivalents

Free Cash Flow Yield

Hanesbrands fundamental ratios Correlations

Hanesbrands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hanesbrands fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.99	Non Current Liabilities Total
Intangible Assets	+ 0.99	Good Will
Non Current Liabilities Total	+ 0.98	Net Debt

Total Current Assets	- 0.87	Non Currrent Assets Other
Total Current Assets	- 0.79	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.77	Common Stock Shares Outstanding
Total Liab	- 0.77	Non Currrent Assets Other
Other Liab	- 0.75	Other Stockholder Equity
Non Current Liabilities Total	- 0.75	Non Currrent Assets Other