Hanesbrands (Hanesbrands) Cash, Cash Equivalents, Marketable Securities

: $206 Mil (As of Dec. 2023)

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Hanesbrands's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($191.83 Mil) to Sep. 2023 ($191.09 Mil) but then increased from Sep. 2023 ($191.09 Mil) to Dec. 2023 ($205.50 Mil).

Hanesbrands's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($536.28 Mil) to Dec. 2022 ($238.41 Mil) and declined from Dec. 2022 ($238.41 Mil) to Dec. 2023 ($205.50 Mil).

Hanesbrands Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Hanesbrands'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.

Hanesbrands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

328.88

900.62

536.28

238.41

205.50

Hanesbrands Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities																238.41	213.21	191.83	191.09	205.50

Hanesbrands 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.

Hanesbrands (NYSE:HBI) 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.

Hanesbrands Cash, Cash Equivalents, Marketable Securities Related Terms

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Hanesbrands (Hanesbrands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hanesbrands Inc (NYSE:HBI) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

HN9:Germany H1BI34:Brazil

Address

1000 East Hanes Mill Road, Winston-Salem, NC, USA, 27105

Website

https://www.hanes.com

Hanesbrands manufactures basic and athletic apparel under brands including Hanes, Champion, Playtex, Maidenform, Bali, Berlei, and Bonds. The company sells wholesale to discount, midmarket, and department store retailers as well as direct to consumers through stores and e-commerce. Hanesbrands is vertically integrated as it produces more than 70% of its products in company-controlled factories in more than three dozen nations. Hanesbrands distributes products in the Americas, Europe, and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.

Executives

Mark A Irvin	director	7601 PENN AVENUE, RICHFIELD MN 55423
Michael Dastugue	officer: Chief Financial Officer	6501 LEGACY DRIVE, PLANO TX 75024
William S Simon	director	1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Joseph W Cavaliere	officer: President Innerwear Global	1000 E. HANES MILL ROAD, WINSTON-SALEM NC 27105
Markland Scott Lewis	officer: Chief Accounting Officer	1000 EAST HANES MILL ROAD, LEGAL DEPARTMENT, WINSTON-SALEM NC 27105
Michael E. Faircloth	officer: EVP Supply Chain - Global	1000 EAST HANES MILL ROAD, WINSTON-SALEM NC 27105
Geralyn Breig	director	ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
Scott A Pleiman	officer: See Remarks	1000 E. HANES MILL ROAD, WINSTON-SALEM NC 27105
Robert F Moran	director	C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222
Tracy M Preston	officer: GC, Corp Sec and CCO	1000 E. HANES MILL ROAD, WINSTON-SALEM NC 27105
James C Johnson	director	1901 CHOUTEAU AVENUE, P. O. BOX 66149, MC-1370, ST. LOUIS MO 63166-6149
Kristin L Oliver	officer: Chief Human Resources Officer	11215 METRO PARKWAY, FORT MYERS FL 33966
Franck J Moison	director	C/O COLGATE PALMOLIVE CO, 300 PARK AVE 15TH FL, NEW YORK NY 10022
Ann Elizabeth Ziegler	director	ONE EAST WACKER DR, CHICAGO IL 60601
Bobby J Griffin	director	C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PL STE 700, STAMFORD CT 06902