Hibbett Enterprise Value vs Receivables Turnover Analysis

HIBB Stock

USD 70.30 0.96 1.35%

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 Enterprise Value and its Receivables Turnover 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.

Enterprise Value vs Receivables Turnover

Enterprise Value vs Receivables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hibbett Sports Enterprise Value account and Receivables Turnover. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Hibbett Sports' Enterprise Value and Receivables Turnover is 0.46. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Receivables Turnover 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' Enterprise Value and Receivables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Hibbett Sports are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Enterprise Value i.e., Hibbett Sports' Enterprise Value and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as Hibbett Sports theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Hibbett Sports debt, but would also pocket its cash. Enterprise Value is more accurate representation of Hibbett Sports value than its market capitalization because it takes into account all of Hibbett Sports existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Receivables Turnover

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hibbett Sports in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hibbett Sports' short interest history, or implied volatility extrapolated from Hibbett Sports options trading.

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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:

How To Invest In Hibbett

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Is Hibbett Stock a good investment?

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What is Hibbett Sports' Net Worth?

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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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.

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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

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.

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Hibbett Enterprise Value vs Receivables Turnover Analysis

Enterprise Value vs Receivables Turnover

Enterprise Value vs Receivables Turnover Correlation Analysis

Correlation Coefficient

Enterprise Value

Receivables Turnover

Hibbett Sports fundamental ratios Correlations

Hibbett Sports Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hibbett Sports fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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