Hanesbrands Inc (HBI)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $34,010K
= 0.00
Hanesbrands Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This implies that the company's financial structure is primarily equity-funded, indicating a lower level of financial risk compared to companies with higher debt levels. With no debt financing relative to equity, Hanesbrands Inc may have a strong financial position, potentially resulting in lower interest expenses and a higher capacity to withstand economic downturns. It is important to note that a debt-to-equity ratio of 0.00 may indicate conservative financial management or a deliberate strategy to minimize debt exposure. Analyzing this ratio alongside other financial metrics can provide a more comprehensive understanding of the company's overall financial health and risk profile.