Hibbett Book Value per Share vs Total Assets Analysis

HIBB Stock  USD 70.07  0.03  0.04%   
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 Book Value Per Share and its Total Assets 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.

Book Value Per Share vs Total Assets

Book Value per Share vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hibbett Sports Book Value per Share account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hibbett Sports' Book Value per Share and Total Assets is 0.5. Overlapping area represents the amount of variation of Book Value per Share that can explain the historical movement of Total Assets 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' Book Value per Share and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value per Share of Hibbett Sports are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Book Value per Share i.e., Hibbett Sports' Book Value per Share and Total Assets go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Total Assets

Total assets refers to the total amount of Hibbett Sports assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hibbett Sports books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit646.4M601.9M583.7M612.9M
Total Revenue1.7B1.7B1.7B1.8B

Hibbett Sports fundamental ratios Correlations

0.630.960.670.950.60.950.670.080.950.720.070.910.54-0.760.920.630.39-0.920.960.880.660.580.90.55-0.53
0.630.610.620.550.460.520.470.620.590.370.610.470.44-0.620.590.280.51-0.60.610.370.580.490.510.89-0.43
0.960.610.610.90.720.880.790.050.920.640.040.810.47-0.780.90.660.43-0.920.970.790.660.50.880.51-0.53
0.670.620.610.470.230.670.710.360.480.40.360.550.84-0.540.410.840.54-0.560.510.370.950.90.360.63-0.59
0.950.550.90.470.70.910.49-0.091.00.69-0.110.910.32-0.810.990.450.28-0.940.980.950.420.360.990.45-0.36
0.60.460.720.230.70.520.59-0.250.710.33-0.250.450.06-0.720.730.390.48-0.750.740.490.250.120.690.36-0.13
0.950.520.880.670.910.520.57-0.060.910.65-0.070.950.57-0.740.850.650.38-0.940.890.880.610.610.840.44-0.52
0.670.470.790.710.490.590.570.160.510.370.160.390.61-0.530.480.860.58-0.590.630.310.850.650.430.44-0.59
0.080.620.050.36-0.09-0.25-0.060.16-0.07-0.11.0-0.070.280.08-0.06-0.070.270.12-0.01-0.180.430.28-0.110.58-0.27
0.950.590.920.481.00.710.910.51-0.070.72-0.080.910.33-0.820.990.460.28-0.950.980.940.440.370.980.48-0.37
0.720.370.640.40.690.330.650.37-0.10.72-0.110.60.35-0.480.690.42-0.08-0.590.690.720.350.370.680.35-0.34
0.070.610.040.36-0.11-0.25-0.070.161.0-0.08-0.11-0.080.280.08-0.07-0.070.280.13-0.02-0.20.430.27-0.120.58-0.26
0.910.470.810.550.910.450.950.39-0.070.910.6-0.080.48-0.670.870.470.31-0.890.860.930.470.50.880.39-0.47
0.540.440.470.840.320.060.570.610.280.330.350.280.48-0.220.280.760.48-0.390.370.270.840.990.220.49-0.86
-0.76-0.62-0.78-0.54-0.81-0.72-0.74-0.530.08-0.82-0.480.08-0.67-0.22-0.79-0.52-0.280.88-0.81-0.7-0.46-0.32-0.79-0.450.22
0.920.590.90.410.990.730.850.48-0.060.990.69-0.070.870.28-0.790.390.24-0.910.980.930.380.320.990.48-0.36
0.630.280.660.840.450.390.650.86-0.070.460.42-0.070.470.76-0.520.390.45-0.570.520.360.870.80.360.33-0.57
0.390.510.430.540.280.480.380.580.270.28-0.080.280.310.48-0.280.240.45-0.420.330.050.570.50.180.39-0.34
-0.92-0.6-0.92-0.56-0.94-0.75-0.94-0.590.12-0.95-0.590.13-0.89-0.390.88-0.91-0.57-0.42-0.94-0.85-0.51-0.45-0.9-0.460.42
0.960.610.970.510.980.740.890.63-0.010.980.69-0.020.860.37-0.810.980.520.33-0.940.890.520.410.970.5-0.44
0.880.370.790.370.950.490.880.31-0.180.940.72-0.20.930.27-0.70.930.360.05-0.850.890.30.30.950.29-0.33
0.660.580.660.950.420.250.610.850.430.440.350.430.470.84-0.460.380.870.57-0.510.520.30.880.330.59-0.68
0.580.490.50.90.360.120.610.650.280.370.370.270.50.99-0.320.320.80.5-0.450.410.30.880.260.53-0.83
0.90.510.880.360.990.690.840.43-0.110.980.68-0.120.880.22-0.790.990.360.18-0.90.970.950.330.260.4-0.32
0.550.890.510.630.450.360.440.440.580.480.350.580.390.49-0.450.480.330.39-0.460.50.290.590.530.4-0.39
-0.53-0.43-0.53-0.59-0.36-0.13-0.52-0.59-0.27-0.37-0.34-0.26-0.47-0.860.22-0.36-0.57-0.340.42-0.44-0.33-0.68-0.83-0.32-0.39
Click cells to compare fundamentals

Hibbett Sports Account Relationship Matchups

Hibbett Sports fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets769.8M808.2M703.2M939.2M909.2M954.7M
Other Current Liab40.5M58.5M39.7M24.1M27.8M18.4M
Total Current Liabilities233.7M225.3M194.9M327.8M236.2M248.0M
Total Stockholder Equity329.0M391.0M291.5M376.2M419.0M225.2M
Property Plant And Equipment Net332.4M326.7M391.9M435.1M466.5M489.9M
Net Debt187.9M39.0M266.2M324.6M24.1M25.3M
Retained Earnings784.9M859.0M1.0B1.1B1.2B1.3B
Accounts Payable131.7M107.2M85.6M190.6M96.4M73.9M
Cash66.1M209.3M17.1M16.0M21.2M20.2M
Non Current Assets Total397.2M368.4M426.2M466.1M502.5M527.6M
Non Currrent Assets Other5.0M12.8M3.6M4.4M9.4M9.9M
Cash And Short Term Investments66.1M209.3M17.1M16.0M18.4M17.5M
Net Receivables8.5M11.9M13.6M12.9M16.7M17.6M
Common Stock Total Equity389K390K391K394K453.1K345.6K
Common Stock Shares Outstanding18.0M17.0M15.6M13.3M11.8M21.4M
Liabilities And Stockholders Equity769.8M808.2M703.2M939.2M1.1B1.1B
Non Current Liabilities Total207.1M191.8M216.8M235.2M254.0M266.7M
Inventory288.0M202.0M221.2M420.8M344.3M193.6M
Other Current Assets18.4M28.5M38.7M36.2M9.1M14.1M
Other Stockholder Equity(456.4M)(468.3M)(731.2M)(761.6M)(685.5M)(651.2M)
Total Liab440.8M417.1M411.7M562.9M490.2M514.7M
Property Plant And Equipment Gross332.4M326.7M391.9M435.1M743.1M780.3M
Total Current Assets372.5M439.8M277.0M473.1M406.7M257.7M
Common Stock391K394K396K399K458.9K327.8K
Short Long Term Debt Total253.9M248.3M283.3M340.6M391.7M411.3M
Other Assets12.8M18.2M10.8M7.5M8.6M6.1M
Property Plant Equipment332.4M326.7M391.9M435.1M500.4M525.4M
Current Deferred Revenue2.2M2.3M9.0M3.0M3.5M4.5M
Other Liab14.7M3.1M3.1M4.5M4.0M3.8M
Short Term Debt61.5M59.6M69.5M109.9M126.4M132.8M
Net Tangible Assets276.9M367.5M268.0M352.7M405.6M320.0M
Capital Lease Obligations253.9M248.3M283.3M304.4M319.1M335.0M

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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:
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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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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
1
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.