Hanesbrands Inc (HBI)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,840,940 | 5,461,600 | 5,379,840 | 5,589,680 | 5,640,310 | 5,913,290 | 6,279,030 | 6,432,680 | 6,503,880 | 7,099,280 | 7,089,310 | 6,859,710 | 7,071,440 | 7,462,800 | 7,277,990 | 6,989,250 | 7,698,870 | 8,159,680 | 8,112,960 | 7,943,260 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
The debt-to-assets ratio for Hanesbrands Inc remained consistently at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company did not have any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company has not relied on external borrowing to finance its operations or investments. This may be indicative of a strong financial position, as no debt obligations are weighing on the company's asset base. However, it's important to note that while a low or zero debt-to-assets ratio can be favorable, it may also indicate missed opportunities to leverage debt for potential growth or tax benefits. Overall, the consistent 0.00 debt-to-assets ratio for Hanesbrands Inc suggests a conservative approach to capital structure and financial management.