How much debt does Hibbett have?
According to Hibbett's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Hibbett's total debt stands at $340.63M. This is broken down into:
- Long-term debt: $230.69M
- Short-term debt: $109.94M
The company's net debt, which accounts for cash and cash equivalents, is $324.62M. In terms of overall financial obligations, Hibbett's total liabilities amount to $562.93M.
Debt Ratios and Metrics
To better understand Hibbett's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.00 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 0.00% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 34.60 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 0.00% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Hibbett's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$340.63M
Long-term Debt
$230.69M
Short-term Debt
$109.94M
Net Debt
$324.62M
Total Liabilities
$562.93M
Interest Coverage
34.60
Debt to Equity Ratio
0.00
Debt Ratio
0.00%
Hibbett Historical Debt Metrics
Hibbett Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $340.63M | $230.69M | $109.94M | $324.62M | $562.93M | 0.00 | 0.00% | 34.60 | 0.00% | 0.00% |
| 2022 | $283.27M | $213.78M | $69.50M | $266.22M | $411.70M | 0.91 | 36.27% | 115.75 | 38.01% | 47.52% |
| 2021 | $248.30M | $188.73M | $59.57M | $39.01M | $417.13M | 0.97 | 40.28% | 719.77 | 42.31% | 49.28% |
| 2020 | $253.94M | $192.40M | $61.53M | $187.86M | $440.78M | 0.63 | 30.72% | 244.60 | 32.55% | 38.84% |
| 2019 | $38.01M | $1.99M | $36.02M | $-23.75M | $210.02M | 0.77 | 32.99% | 35.62 | 36.90% | 43.56% |
| 2018 | $663.00K | $2.52M | $663.00K | $-72.88M | $142.25M | 0.11 | 6.96% | 52.58 | 0.59% | 10.16% |
| 2017 | $595.00K | $2.86M | $595.00K | $-38.36M | $124.81M | 0.01 | 0.69% | 209.92 | 0.78% | 0.99% |
| 2016 | $478.00K | $3.15M | $478.00K | $-31.80M | $131.53M | 0.01 | 0.75% | 331.38 | 0.85% | 1.02% |
| 2015 | $436.00K | $3.03M | $436.00K | $-87.96M | $127.62M | 0.01 | 0.82% | 346.76 | 1.00% | 1.15% |
| 2014 | $322.00K | $2.89M | $322.00K | $-65.91M | $112.32M | 0.01 | 0.77% | 375.07 | 0.92% | 1.06% |
Related Metrics
Explore detailed financial metrics and analysis for HIBB.