Gildan Activewear Financials

GIL Stock  USD 49.56  0.01  0.02%   
Based on the analysis of Gildan Activewear's profitability, liquidity, and operating efficiency, Gildan Activewear may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Gildan Activewear's Common Stock Shares Outstanding is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 875 M this year, although the value of Other Current Liabilities will most likely fall to about 50.5 M. Key indicators impacting Gildan Activewear's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0880.167
Way Down
Pretty Stable
Return On Assets0.0880.1518
Way Down
Slightly volatile
Return On Equity0.20.2726
Way Down
Slightly volatile
Debt Equity Ratio0.420.5096
Significantly Down
Slightly volatile
Current Ratio2.692.3306
Fairly Up
Slightly volatile
The financial analysis of Gildan Activewear is a critical element in measuring its lifeblood. Investors should not minimize Gildan Activewear's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

162.91 Million

  
Understanding current and past Gildan Activewear Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Gildan Activewear's financial statements are interrelated, with each one affecting the others. For example, an increase in Gildan Activewear's assets may result in an increase in income on the income statement.

Gildan Activewear Earnings Geography

Gildan Activewear Stock Summary

Gildan Activewear competes with Vince Holding, Ermenegildo Zegna, Columbia Sportswear, G III, and Oxford Industries. Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada. Gildan Activewear operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 51000 people.
Foreign Associate
  Canada
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA3759161035
CUSIP375916103
LocationQuebec; Canada
Business Address600 de Maisonneuve
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitegildancorp.com
Phone514 735 2023
CurrencyUSD - US Dollar

Gildan Activewear Key Financial Ratios

Gildan Activewear Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.0B3.1B3.4B3.5B1.9B
Other Current Liab1.3M15.2M18.5M19.6M72.4M50.5M
Net Debt862.4M577.2M529.9M873.6M993.4M1.0B
Retained Earnings1.6B1.4B1.6B1.6B1.6B1.1B
Accounts Payable406.6M289.9M421.9M451.6M323.4M221.4M
Cash64.1M505.3M179.2M150.4M89.6M89.2M
Net Receivables320.9M201.1M330.0M248.8M412.5M222.2M
Inventory1.1B728.0M774.4M1.2B1.1B550.9M
Other Current Assets77.1M110.1M163.7M53.5M50.8M31.8M
Total Liab1.4B1.5B1.2B1.6B1.6B1.6B
Total Current Assets1.5B1.5B1.4B1.7B1.7B902.2M
Short Term Debt14.5M54.4M15.3M163.8M326.7M343.0M
Intangible Assets383.9M289.9M306.6M230.0M261.4M191.8M
Other Assets16.6M23.7M21.5M18.4M21.1M12.6M
Common Stock174.2M183.9M191.7M202.3M271.2M284.8M
Other Liab42.2M35.9M59.9M56.2M64.6M33.7M
Net Tangible Assets1.2B1.1B1.3B1.4B1.6B1.1B
Long Term Debt669M845M1B780M685M359.2M
Good Will227.9M206.6M283.8M271.7M312.4M328.0M
Short Long Term Debt630M521K2.1M150M300M231.0M
Long Term Debt Total912.0M1.1B693.8M860.2M989.2M853.5M
Capital Surpluse32.8M24.9M58.1M79.5M91.4M96.0M

Gildan Activewear Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense32.1M48.5M27.3M37.0M57.2M60.1M
Total Revenue2.8B2.0B2.9B3.2B3.2B1.8B
Gross Profit704.5M249.1M940.2M992.4M880.1M470.4M
Operating Income289.0M(180.8M)651.9M603.4M643.9M676.0M
Ebit356.0M(193.4M)654.4M577.7M621.4M652.5M
Ebitda512.8M(42.0M)777.7M708.6M743.0M780.2M
Cost Of Revenue2.1B1.7B2.0B2.2B2.3B1.3B
Income Before Tax249.8M(229.4M)624.6M566.4M564.2M592.4M
Net Income259.8M(225.3M)607.2M541.5M533.6M560.3M
Income Tax Expense(10.0M)(4.1M)17.4M24.9M30.6M32.1M
Tax Provision(10.0M)(4.1M)17.4M24.9M22.5M11.8M
Interest Income30.9M33.7M18.4M26.4M30.3M23.9M
Net Interest Income(40.1M)(48.3M)(27.3M)(37.0M)(72.9M)(69.3M)

Gildan Activewear Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(115.1M)320.4M(33.7M)(448.8M)143.2M150.4M
Change In Cash17.5M441.1M(326.0M)(28.8M)(60.8M)(57.7M)
Free Cash Flow220.8M356.7M487.3M168.9M338.6M355.5M
Depreciation156.8M147.2M135.4M124.9M121.6M84.2M
Other Non Cash Items26.1M156.2M(65.0M)(6.4M)(61.3M)(58.2M)
Capital Expenditures140.2M58.3M130.2M244.6M208.0M129.6M
Net Income259.8M(225.3M)607.2M541.5M533.6M560.3M
End Period Cash Flow64.1M505.3M179.2M150.4M89.6M85.8M
Dividends Paid110.3M30.6M90.5M123.8M131.8M138.4M
Investments(135.8M)(57.5M)(187.8M)(182.4M)(172.0M)(163.4M)
Net Borrowings162.5M139.6M(421.5M)313.4M360.5M378.5M
Change To Netincome18.8M150.6M(28.3M)54.1M62.2M65.3M

Gildan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Gildan Activewear's current stock value. Our valuation model uses many indicators to compare Gildan Activewear value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gildan Activewear competition to find correlations between indicators driving Gildan Activewear's intrinsic value. More Info.
Gildan Activewear is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about  0.48  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Gildan Activewear is roughly  2.06 . At this time, Gildan Activewear's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Gildan Activewear by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Gildan Activewear Systematic Risk

Gildan Activewear's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Gildan Activewear volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Gildan Activewear correlated with the market. If Beta is less than 0 Gildan Activewear generally moves in the opposite direction as compared to the market. If Gildan Activewear Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gildan Activewear is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gildan Activewear is generally in the same direction as the market. If Beta > 1 Gildan Activewear moves generally in the same direction as, but more than the movement of the benchmark.

Gildan Activewear Thematic Clasifications

Gildan Activewear is part of several thematic ideas from ESG Investing to Apparel. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Gildan Activewear Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gildan Activewear's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Gildan Activewear growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.54

At this time, Gildan Activewear's Price Earnings To Growth Ratio is quite stable compared to the past year.

Gildan Activewear November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Gildan Activewear help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Gildan Activewear. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gildan Activewear based on widely used predictive technical indicators. In general, we focus on analyzing Gildan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gildan Activewear's daily price indicators and compare them against related drivers.
When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.124
Dividend Share
0.801
Earnings Share
2.51
Revenue Per Share
19.316
Quarterly Revenue Growth
0.024
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.