Hanesbrands Inc (HBI)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 3,840,940 | 5,640,310 | 6,503,880 | 7,071,440 | 7,698,870 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,840,940K
= 0.00
Hanesbrands Inc has consistently reported a debt-to-assets ratio of 0.00 over the past five years, indicating that the company has not utilized debt extensively to finance its assets. A debt-to-assets ratio of 0.00 signifies that the company's total assets are entirely financed by equity rather than debt, reflecting a conservative capital structure. This low ratio suggests that Hanesbrands Inc has a low risk of financial distress due to debt obligations and may enjoy greater financial stability. However, it's essential to consider other financial metrics and factors to have a comprehensive understanding of the company's overall financial health and risk profile.