Hibbett (Hibbett) Cash-to-Debt

: 0.06 (As of Jan. 2024)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Hibbett's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.06.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Hibbett couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Hibbett's Cash-to-Debt or its related term are showing as below:

HIBB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 1.23 Max: 25.51
Current: 0.06

During the past 13 years, Hibbett's highest Cash to Debt Ratio was 25.51. The lowest was 0.05. And the median was 1.23.

HIBB's Cash-to-Debt is ranked worse than
89.29% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs HIBB: 0.06

Hibbett Cash-to-Debt Historical Data

The historical data trend for Hibbett's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Hibbett Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

0.26

0.84

0.06

0.05

0.06

Hibbett Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt																0.05	0.07	0.08	0.07	0.06

Competitive Comparison

For the Apparel Retail subindustry, Hibbett's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Hibbett's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hibbett's Cash-to-Debt falls into.

Hibbett Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Hibbett's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	21.23	/	(117.282	+	247.072)
	=	0.06

Hibbett's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	21.23	/	(117.282	+	247.072)
	=	0.06

Hibbett (NAS:HIBB) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Hibbett Cash-to-Debt Related Terms

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Hibbett (Hibbett) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hibbett Inc (NAS:HIBB) » Definitions » Cash-to-Debt

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