Hibbett (Hibbett) Cash, Cash Equivalents, Marketable Securities : $21 Mil (As of Jan. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Hibbett Cash, Cash Equivalents, Marketable Securities?

Hibbett's quarterly cash, cash equivalents, marketable securities declined from Jul. 2023 ($33.07 Mil) to Oct. 2023 ($29.58 Mil) but then stayed the same from Oct. 2023 ($29.58 Mil) to Jan. 2024 ($21.23 Mil).

Hibbett's annual cash, cash equivalents, marketable securities declined from Jan. 2022 ($17.05 Mil) to Jan. 2023 ($16.02 Mil) but then increased from Jan. 2023 ($16.02 Mil) to Jan. 2024 ($21.23 Mil).

Hibbett Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Hibbett's Cash, Cash Equivalents, Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hibbett Cash, Cash Equivalents, Marketable Securities Chart

Hibbett Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

66.08

209.29

17.05

16.02

21.23

Hibbett Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															16.02	26.93	33.07	29.58	21.23

Hibbett Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Hibbett (NAS:HIBB) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Hibbett Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Hibbett's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Hibbett (Hibbett) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hibbett Inc (NAS:HIBB) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

HB6:Germany HB6:Germany

Address

2700 Milan Court, Birmingham, AL, USA, 35211

Website

https://www.hibbett.com

Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.

Executives

William G Quinn	officer: SVP Digital Commerce	2700 MILAN COURT, BIRMINGHAM AL 35211
Ronald P Blahnik	officer: SVP and CIO	2700 MILAN COURT, BIRMINGHAM AL 35211
Mark Anthony Gunn	officer: SVP, CHRO	2700 MILAN COURT, BIRMINGHAM AL 35211
David Mitchell Benck	officer: SVP General Counsel	2700 MILAN COURT, BIRMINGHAM AL 35211
James A Hilt	director	1 EXPRESS DRIVE, COLUMBUS OH 43230
Dorlisa K Flur	director	POST OFFICE BOX 1017, CHARLOTTE NC 28201-1017
Pamela J Edwards	director	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ramesh Chikkala	director	2700 MILAN COURT, BIRMINGHAM AL 35211
Jonalin S. Smith	other: SVP Merchandising	2700 MILAN COURT, BIRMINGHAM AL 35211
Michael C. Mcabee	other: SVP Supply Chain, Store Dev	2700 MILAN COURT, BIRMINGHAM AL 35211
Anthony F Crudele	director	TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Michael E Longo	director, officer: President and CEO
Alton E Yother	director
Benjamin Ashley Knighten	officer: SVP Operations	2700 MILAN COURT, BIRMINGHAM AL 35211
Linda Hubbard	director	2700 MILAN COURT, BIRMINGHAM AL 35211