Hibbett Free Cash Flow vs Gross Profit Analysis
HIBB Stock | USD 86.51 0.36 0.42% |
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 Free Cash Flow and its Gross Profit 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.
Free Cash Flow vs Gross Profit
Free Cash Flow vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hibbett Sports Free Cash Flow account and Gross Profit. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hibbett Sports' Free Cash Flow and Gross Profit is 0.35. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Gross Profit 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' Free Cash Flow and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Hibbett Sports are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Free Cash Flow i.e., Hibbett Sports' Free Cash Flow and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Hibbett Sports minus its cost of goods sold. It is profit before Hibbett Sports operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 |
Hibbett Sports fundamental ratios Correlations
Click cells to compare fundamentals
Hibbett Sports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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Try AI Portfolio ArchitectCheck 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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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.