Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hibbett's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $419 Mil. Hibbett's Total Assets for the quarter that ended in Jan. 2024 was $909 Mil.
Therefore, Hibbett's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.46.
The historical rank and industry rank for Hibbett's Equity-to-Asset or its related term are showing as below:
HIBB'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.55 Max: 0.73
Current: 0.46
During the past 13 years, the highest Equity to Asset Ratio of Hibbett was 0.73. The lowest was 0.40. And the median was 0.55.
HIBB's Equity-to-Asset is ranked better than 54.47% of 1118
companies
in the Retail - Cyclical industry
Industry Median: 0.44
vs HIBB: 0.46
Hibbett Equity-to-Asset Historical Data
The historical data trend for Hibbett's Equity-to-Asset 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.
For the Apparel Retail subindustry, Hibbett's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hibbett Equity-to-Asset Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Hibbett's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hibbett's Equity-to-Asset falls into.
Hibbett Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Hibbett's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as
* 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.
Hibbett (NAS:HIBB) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Hibbett Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Hibbett's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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