Hibbett Net Debt vs Property Plant Equipment Analysis

HIBB Stock

USD 86.34 0.13 0.15%

Hibbett Sports financial indicator trend analysis is much more than just examining Hibbett Sports latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hibbett Sports is a good investment. Please check the relationship between Hibbett Sports Net Debt and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hibbett Sports. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Hibbett Stock refer to our How to Trade Hibbett Stock guide.

Net Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hibbett Sports Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hibbett Sports' Net Debt and Property Plant Equipment is 0.67. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Hibbett Sports, assuming nothing else is changed. The correlation between historical values of Hibbett Sports' Net Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Hibbett Sports are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., Hibbett Sports' Net Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant Equipment

Most indicators from Hibbett Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hibbett Sports 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 Hibbett Sports. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Hibbett Stock refer to our How to Trade Hibbett Stock guide.At present, Hibbett Sports' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 31.9 M, whereas Enterprise Value is forecasted to decline to about 367.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	646.4M	601.9M	583.7M	612.9M
Total Revenue	1.7B	1.7B	1.7B	1.8B

Gross Profit Total Revenue

Hibbett Sports fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Assets	Long Term Debt
Total Assets		0.63	0.96	0.67	0.95	0.6	0.95	0.67	0.08	0.95	0.72	0.07	0.91	0.54	-0.76	0.92	0.63	0.39	-0.92	0.96	0.88	0.66	0.58	0.9	0.55	-0.53
Other Current Liab	0.63		0.61	0.62	0.55	0.46	0.52	0.47	0.62	0.59	0.37	0.61	0.47	0.44	-0.62	0.59	0.28	0.51	-0.6	0.61	0.37	0.58	0.49	0.51	0.89	-0.43
Total Current Liabilities	0.96	0.61		0.61	0.9	0.72	0.88	0.79	0.05	0.92	0.64	0.04	0.81	0.47	-0.78	0.9	0.66	0.43	-0.92	0.97	0.79	0.66	0.5	0.88	0.51	-0.53
Total Stockholder Equity	0.67	0.62	0.61		0.47	0.23	0.67	0.71	0.36	0.48	0.4	0.36	0.55	0.84	-0.54	0.41	0.84	0.54	-0.56	0.51	0.37	0.95	0.9	0.36	0.63	-0.59
Property Plant And Equipment Net	0.95	0.55	0.9	0.47		0.7	0.91	0.49	-0.09	1.0	0.69	-0.11	0.91	0.32	-0.81	0.99	0.45	0.28	-0.94	0.98	0.95	0.42	0.36	0.99	0.45	-0.36
Net Debt	0.6	0.46	0.72	0.23	0.7		0.52	0.59	-0.25	0.71	0.33	-0.25	0.45	0.06	-0.72	0.73	0.39	0.48	-0.75	0.74	0.49	0.25	0.12	0.69	0.36	-0.13
Retained Earnings	0.95	0.52	0.88	0.67	0.91	0.52		0.57	-0.06	0.91	0.65	-0.07	0.95	0.57	-0.74	0.85	0.65	0.38	-0.94	0.89	0.88	0.61	0.61	0.84	0.44	-0.52
Accounts Payable	0.67	0.47	0.79	0.71	0.49	0.59	0.57		0.16	0.51	0.37	0.16	0.39	0.61	-0.53	0.48	0.86	0.58	-0.59	0.63	0.31	0.85	0.65	0.43	0.44	-0.59
Cash	0.08	0.62	0.05	0.36	-0.09	-0.25	-0.06	0.16		-0.07	-0.1	1.0	-0.07	0.28	0.08	-0.06	-0.07	0.27	0.12	-0.01	-0.18	0.43	0.28	-0.11	0.58	-0.27
Non Current Assets Total	0.95	0.59	0.92	0.48	1.0	0.71	0.91	0.51	-0.07		0.72	-0.08	0.91	0.33	-0.82	0.99	0.46	0.28	-0.95	0.98	0.94	0.44	0.37	0.98	0.48	-0.37
Non Currrent Assets Other	0.72	0.37	0.64	0.4	0.69	0.33	0.65	0.37	-0.1	0.72		-0.11	0.6	0.35	-0.48	0.69	0.42	-0.08	-0.59	0.69	0.72	0.35	0.37	0.68	0.35	-0.34
Cash And Short Term Investments	0.07	0.61	0.04	0.36	-0.11	-0.25	-0.07	0.16	1.0	-0.08	-0.11		-0.08	0.28	0.08	-0.07	-0.07	0.28	0.13	-0.02	-0.2	0.43	0.27	-0.12	0.58	-0.26
Net Receivables	0.91	0.47	0.81	0.55	0.91	0.45	0.95	0.39	-0.07	0.91	0.6	-0.08		0.48	-0.67	0.87	0.47	0.31	-0.89	0.86	0.93	0.47	0.5	0.88	0.39	-0.47
Common Stock Total Equity	0.54	0.44	0.47	0.84	0.32	0.06	0.57	0.61	0.28	0.33	0.35	0.28	0.48		-0.22	0.28	0.76	0.48	-0.39	0.37	0.27	0.84	0.99	0.22	0.49	-0.86
Common Stock Shares Outstanding	-0.76	-0.62	-0.78	-0.54	-0.81	-0.72	-0.74	-0.53	0.08	-0.82	-0.48	0.08	-0.67	-0.22		-0.79	-0.52	-0.28	0.88	-0.81	-0.7	-0.46	-0.32	-0.79	-0.45	0.22
Non Current Liabilities Total	0.92	0.59	0.9	0.41	0.99	0.73	0.85	0.48	-0.06	0.99	0.69	-0.07	0.87	0.28	-0.79		0.39	0.24	-0.91	0.98	0.93	0.38	0.32	0.99	0.48	-0.36
Inventory	0.63	0.28	0.66	0.84	0.45	0.39	0.65	0.86	-0.07	0.46	0.42	-0.07	0.47	0.76	-0.52	0.39		0.45	-0.57	0.52	0.36	0.87	0.8	0.36	0.33	-0.57
Other Current Assets	0.39	0.51	0.43	0.54	0.28	0.48	0.38	0.58	0.27	0.28	-0.08	0.28	0.31	0.48	-0.28	0.24	0.45		-0.42	0.33	0.05	0.57	0.5	0.18	0.39	-0.34
Other Stockholder Equity	-0.92	-0.6	-0.92	-0.56	-0.94	-0.75	-0.94	-0.59	0.12	-0.95	-0.59	0.13	-0.89	-0.39	0.88	-0.91	-0.57	-0.42		-0.94	-0.85	-0.51	-0.45	-0.9	-0.46	0.42
Total Liab	0.96	0.61	0.97	0.51	0.98	0.74	0.89	0.63	-0.01	0.98	0.69	-0.02	0.86	0.37	-0.81	0.98	0.52	0.33	-0.94		0.89	0.52	0.41	0.97	0.5	-0.44
Property Plant And Equipment Gross	0.88	0.37	0.79	0.37	0.95	0.49	0.88	0.31	-0.18	0.94	0.72	-0.2	0.93	0.27	-0.7	0.93	0.36	0.05	-0.85	0.89		0.3	0.3	0.95	0.29	-0.33
Total Current Assets	0.66	0.58	0.66	0.95	0.42	0.25	0.61	0.85	0.43	0.44	0.35	0.43	0.47	0.84	-0.46	0.38	0.87	0.57	-0.51	0.52	0.3		0.88	0.33	0.59	-0.68
Common Stock	0.58	0.49	0.5	0.9	0.36	0.12	0.61	0.65	0.28	0.37	0.37	0.27	0.5	0.99	-0.32	0.32	0.8	0.5	-0.45	0.41	0.3	0.88		0.26	0.53	-0.83
Short Long Term Debt Total	0.9	0.51	0.88	0.36	0.99	0.69	0.84	0.43	-0.11	0.98	0.68	-0.12	0.88	0.22	-0.79	0.99	0.36	0.18	-0.9	0.97	0.95	0.33	0.26		0.4	-0.32
Other Assets	0.55	0.89	0.51	0.63	0.45	0.36	0.44	0.44	0.58	0.48	0.35	0.58	0.39	0.49	-0.45	0.48	0.33	0.39	-0.46	0.5	0.29	0.59	0.53	0.4		-0.39
Long Term Debt	-0.53	-0.43	-0.53	-0.59	-0.36	-0.13	-0.52	-0.59	-0.27	-0.37	-0.34	-0.26	-0.47	-0.86	0.22	-0.36	-0.57	-0.34	0.42	-0.44	-0.33	-0.68	-0.83	-0.32	-0.39

Click cells to compare fundamentals

Hibbett Sports Account Relationship Matchups

Hibbett Sports fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	769.8M	808.2M	703.2M	939.2M	909.2M	954.7M
Other Current Liab	40.5M	58.5M	39.7M	24.1M	27.8M	18.4M
Total Current Liabilities	233.7M	225.3M	194.9M	327.8M	236.2M	248.0M
Total Stockholder Equity	329.0M	391.0M	291.5M	376.2M	419.0M	225.2M
Property Plant And Equipment Net	332.4M	326.7M	391.9M	435.1M	466.5M	489.9M
Net Debt	187.9M	39.0M	266.2M	324.6M	24.1M	25.3M
Retained Earnings	784.9M	859.0M	1.0B	1.1B	1.2B	1.3B
Accounts Payable	131.7M	107.2M	85.6M	190.6M	96.4M	73.9M
Cash	66.1M	209.3M	17.1M	16.0M	21.2M	20.2M
Non Current Assets Total	397.2M	368.4M	426.2M	466.1M	502.5M	527.6M
Non Currrent Assets Other	5.0M	12.8M	3.6M	4.4M	9.4M	9.9M
Cash And Short Term Investments	66.1M	209.3M	17.1M	16.0M	18.4M	17.5M
Net Receivables	8.5M	11.9M	13.6M	12.9M	16.7M	17.6M
Common Stock Total Equity	389K	390K	391K	394K	453.1K	345.6K
Common Stock Shares Outstanding	18.0M	17.0M	15.6M	13.3M	11.8M	21.4M
Liabilities And Stockholders Equity	769.8M	808.2M	703.2M	939.2M	1.1B	1.1B
Non Current Liabilities Total	207.1M	191.8M	216.8M	235.2M	254.0M	266.7M
Inventory	288.0M	202.0M	221.2M	420.8M	344.3M	193.6M
Other Current Assets	18.4M	28.5M	38.7M	36.2M	9.1M	14.1M
Other Stockholder Equity	(456.4M)	(468.3M)	(731.2M)	(761.6M)	(685.5M)	(651.2M)
Total Liab	440.8M	417.1M	411.7M	562.9M	490.2M	514.7M
Property Plant And Equipment Gross	332.4M	326.7M	391.9M	435.1M	743.1M	780.3M
Total Current Assets	372.5M	439.8M	277.0M	473.1M	406.7M	257.7M
Common Stock	391K	394K	396K	399K	458.9K	327.8K
Short Long Term Debt Total	253.9M	248.3M	283.3M	340.6M	391.7M	411.3M
Other Assets	12.8M	18.2M	10.8M	7.5M	8.6M	6.1M
Property Plant Equipment	332.4M	326.7M	391.9M	435.1M	500.4M	525.4M
Current Deferred Revenue	2.2M	2.3M	9.0M	3.0M	3.5M	4.5M
Other Liab	14.7M	3.1M	3.1M	4.5M	4.0M	3.8M
Short Term Debt	61.5M	59.6M	69.5M	109.9M	126.4M	132.8M
Net Tangible Assets	276.9M	367.5M	268.0M	352.7M	405.6M	320.0M
Capital Lease Obligations	253.9M	248.3M	283.3M	304.4M	319.1M	335.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

GOOG	Alphabet Inc Class C
C	Citigroup
GOOG	Alphabet Inc Class C

When determining whether Hibbett Sports offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hibbett Sports' 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 Hibbett Sports Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hibbett Sports Stock:

How To Invest In Hibbett

Details

Is Hibbett Stock a good investment?

Details

What is Hibbett Sports' Net Worth?

Details

Largest Consumer Discretionary Distribution & Retail Companies

View

Largest Consumer Discretionary Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hibbett Sports. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Hibbett Stock refer to our How to Trade Hibbett Stock guide.

Note that the Hibbett Sports information on this page should be used as a complementary analysis to other Hibbett Sports' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Hibbett Stock analysis

When running Hibbett Sports' price analysis, check to measure Hibbett Sports' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hibbett Sports is operating at the current time. Most of Hibbett Sports' value examination focuses on studying past and present price action to predict the probability of Hibbett Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hibbett Sports' price. Additionally, you may evaluate how the addition of Hibbett Sports to your portfolios can decrease your overall portfolio volatility.

	Bonds Directory Find actively traded corporate debentures issued by US companies
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.

Is Hibbett Sports' industry 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 Hibbett Sports. If investors know Hibbett 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 Hibbett Sports 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

(0.13)

Dividend Share

Earnings Share

8.17

Revenue Per Share

139.832

Quarterly Revenue Growth

0.018

The market value of Hibbett Sports is measured differently than its book value, which is the value of Hibbett that is recorded on the company's balance sheet. Investors also form their own opinion of Hibbett Sports' value that differs from its market value or its book value, called intrinsic value, which is Hibbett Sports' 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 Hibbett Sports' market value can be influenced by many factors that don't directly affect Hibbett Sports' 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 Hibbett Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hibbett Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hibbett Sports' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hibbett Net Debt vs Property Plant Equipment Analysis

Net Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Net Debt

Property Plant Equipment

Hibbett Sports fundamental ratios Correlations

Hibbett Sports Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hibbett Sports fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Hibbett Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Common Stock	+ 0.99	Common Stock Total Equity

Other Stockholder Equity	- 0.95	Non Current Assets Total
Total Liab	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.94	Property Plant And Equipment Net
Other Stockholder Equity	- 0.92	Total Current Liabilities
Other Stockholder Equity	- 0.92	Total Assets