Hibbett Sports Stock Current Ratio

HIBBDelisted Stock  USD 87.49  0.00  0.00%   
Hibbett Sports fundamentals help investors to digest information that contributes to Hibbett Sports' financial success or failures. It also enables traders to predict the movement of Hibbett Stock. The fundamental analysis module provides a way to measure Hibbett Sports' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hibbett Sports stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hibbett Sports Company Current Ratio Analysis

Hibbett Sports' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Hibbett Sports Current Ratio

    
  1.32 X  
Most of Hibbett Sports' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hibbett Sports is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, Hibbett Sports has a Current Ratio of 1.32 times. This is 41.85% lower than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The current ratio for all United States stocks is 38.89% higher than that of the company.

Hibbett Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hibbett Sports' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hibbett Sports could also be used in its relative valuation, which is a method of valuing Hibbett Sports by comparing valuation metrics of similar companies.
Hibbett Sports is currently under evaluation in current ratio category among its peers.

Hibbett Fundamentals

About Hibbett Sports Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hibbett Sports's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hibbett Sports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hibbett Sports based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Consideration for investing in Hibbett Stock

If you are still planning to invest in Hibbett Sports check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hibbett Sports' history and understand the potential risks before investing.
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