Hanesbrands Inc (HBI)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 34,010 | 419,353 | 398,264 | 702,493 | 813,958 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $34,010K)
= 0.00
The debt-to-capital ratio for Hanesbrands Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt in its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital is entirely sourced from equity, implying a lower financial risk as there is no debt to repay. It also suggests that the firm has been able to fund its operations and growth using internal resources or equity financing, which may be attractive to investors seeking a lower-risk investment. Nonetheless, while a low debt-to-capital ratio can be favorable, it could also imply missed opportunities for leveraging debt to potentially enhance returns, depending on the company's strategic objectives and financial goals.