Gildan Historical Balance Sheet

GIL Stock

CAD 69.64 0.26 0.37%

Trend analysis of Gildan Activewear balance sheet accounts such as Other Current Liabilities of 1.6 M or Total Current Liabilities of 760.3 M provides information on Gildan Activewear's total assets, liabilities, and equity, which is the actual value of Gildan Activewear to its prevalent stockholders. By breaking down trends over time using Gildan Activewear balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Gildan Activewear latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gildan Activewear is a good buy for the upcoming year.

Gildan Activewear Inventory

550.91 Million

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 board of governors.

To learn how to invest in Gildan Stock, please use our How to Invest in Gildan Activewear guide.

About Gildan Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Gildan Activewear at a specified time, usually calculated after every quarter, six months, or one year. Gildan Activewear Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gildan Activewear and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Gildan currently owns. An asset can also be divided into two categories, current and non-current.

Gildan Activewear Balance Sheet Chart

At this time, Gildan Activewear's Non Current Liabilities Total is very stable compared to the past year. As of the 26th of November 2024, Other Current Assets is likely to grow to about 100.8 M, while Total Assets are likely to drop about 1.9 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Common Stock

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Total Assets

Total assets refers to the total amount of Gildan Activewear assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gildan Activewear books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Gildan Activewear balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gildan Activewear are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Gildan Activewear's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gildan Activewear current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 board of governors.

To learn how to invest in Gildan Stock, please use our How to Invest in Gildan Activewear guide.At this time, Gildan Activewear's Non Current Liabilities Total is very stable compared to the past year. As of the 26th of November 2024, Other Current Assets is likely to grow to about 100.8 M, while Total Assets are likely to drop about 1.9 B.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	709.1M	1.0B	1.1B	1.1B
Total Assets	3.1B	3.4B	3.5B	1.9B

Short Long Term Debt Total Total Assets

Gildan Activewear balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Other Assets
Total Assets		0.5	0.2	0.2	0.7	0.4	0.52	0.55	0.58	0.16	0.6	-0.43	0.15	0.49	-0.57	0.57	0.9	0.47	0.45	0.54	0.16	0.97	-0.31	0.43	-0.16	0.39
Short Long Term Debt Total	0.5		0.34	0.74	-0.16	0.82	0.95	-0.32	0.44	0.42	0.6	-0.13	0.46	-0.04	-0.14	0.96	0.44	0.77	0.67	0.97	0.77	0.58	-0.44	-0.06	-0.61	0.86
Other Current Liab	0.2	0.34		-0.08	-0.16	0.08	0.08	-0.18	0.12	0.92	0.14	-0.21	0.91	-0.26	-0.11	0.43	-0.09	0.26	-0.08	0.29	-0.07	0.3	-0.44	0.0	-0.24	0.39
Total Current Liabilities	0.2	0.74	-0.08		-0.28	0.65	0.75	-0.43	0.47	0.12	0.27	-0.05	0.14	0.1	-0.15	0.57	0.25	0.6	0.77	0.79	0.86	0.31	-0.33	-0.52	-0.41	0.7
Total Stockholder Equity	0.7	-0.16	-0.16	-0.28		-0.02	-0.04	0.97	0.11	-0.31	0.23	-0.44	-0.34	0.66	-0.4	-0.08	0.66	-0.05	-0.06	-0.1	-0.22	0.57	0.19	0.61	0.32	-0.23
Property Plant And Equipment Net	0.4	0.82	0.08	0.65	-0.02		0.83	-0.15	0.45	0.12	0.82	-0.01	0.21	0.18	0.29	0.8	0.39	0.65	0.66	0.73	0.81	0.45	-0.18	-0.02	-0.79	0.61
Net Debt	0.52	0.95	0.08	0.75	-0.04	0.83		-0.2	0.37	0.13	0.58	-0.08	0.17	0.1	-0.16	0.9	0.54	0.68	0.65	0.94	0.81	0.56	-0.32	0.05	-0.5	0.75
Retained Earnings	0.55	-0.32	-0.18	-0.43	0.97	-0.15	-0.2		-0.05	-0.37	0.1	-0.42	-0.41	0.62	-0.3	-0.23	0.53	-0.24	-0.25	-0.27	-0.34	0.41	0.29	0.64	0.42	-0.4
Accounts Payable	0.58	0.44	0.12	0.47	0.11	0.45	0.37	-0.05		0.27	0.63	-0.2	0.32	0.28	-0.18	0.47	0.52	0.5	0.74	0.47	0.2	0.68	-0.66	-0.14	-0.6	0.4
Cash	0.16	0.42	0.92	0.12	-0.31	0.12	0.13	-0.37	0.27		0.13	-0.22	0.99	-0.38	-0.16	0.47	-0.12	0.5	0.16	0.39	0.02	0.3	-0.5	-0.25	-0.34	0.58
Non Current Assets Total	0.6	0.6	0.14	0.27	0.23	0.82	0.58	0.1	0.63	0.13		0.02	0.23	0.29	0.26	0.67	0.55	0.49	0.58	0.47	0.43	0.62	-0.22	0.24	-0.82	0.37
Non Currrent Assets Other	-0.43	-0.13	-0.21	-0.05	-0.44	-0.01	-0.08	-0.42	-0.2	-0.22	0.02		-0.17	-0.26	0.46	-0.16	-0.31	-0.27	-0.19	-0.22	0.13	-0.44	0.32	-0.16	-0.14	-0.14
Cash And Short Term Investments	0.15	0.46	0.91	0.14	-0.34	0.21	0.17	-0.41	0.32	0.99	0.23	-0.17		-0.38	-0.06	0.51	-0.12	0.52	0.21	0.41	0.07	0.31	-0.5	-0.26	-0.46	0.59
Net Receivables	0.49	-0.04	-0.26	0.1	0.66	0.18	0.1	0.62	0.28	-0.38	0.29	-0.26	-0.38		-0.17	-0.04	0.4	-0.05	0.09	0.02	0.18	0.42	0.0	0.28	0.07	-0.12
Common Stock Shares Outstanding	-0.57	-0.14	-0.11	-0.15	-0.4	0.29	-0.16	-0.3	-0.18	-0.16	0.26	0.46	-0.06	-0.17		-0.13	-0.49	-0.22	-0.15	-0.33	0.11	-0.54	0.32	-0.14	-0.51	-0.27
Non Current Liabilities Total	0.57	0.96	0.43	0.57	-0.08	0.8	0.9	-0.23	0.47	0.47	0.67	-0.16	0.51	-0.04	-0.13		0.48	0.76	0.59	0.92	0.62	0.64	-0.5	0.13	-0.64	0.81
Inventory	0.9	0.44	-0.09	0.25	0.66	0.39	0.54	0.53	0.52	-0.12	0.55	-0.31	-0.12	0.4	-0.49	0.48		0.29	0.48	0.49	0.18	0.87	-0.16	0.38	-0.12	0.23
Other Current Assets	0.47	0.77	0.26	0.6	-0.05	0.65	0.68	-0.24	0.5	0.5	0.49	-0.27	0.52	-0.05	-0.22	0.76	0.29		0.68	0.78	0.55	0.53	-0.4	-0.15	-0.54	0.9
Other Stockholder Equity	0.45	0.67	-0.08	0.77	-0.06	0.66	0.65	-0.25	0.74	0.16	0.58	-0.19	0.21	0.09	-0.15	0.59	0.48	0.68		0.67	0.57	0.54	-0.41	-0.38	-0.61	0.62
Total Liab	0.54	0.97	0.29	0.79	-0.1	0.73	0.94	-0.27	0.47	0.39	0.47	-0.22	0.41	0.02	-0.33	0.92	0.49	0.78	0.67		0.73	0.62	-0.5	-0.07	-0.46	0.87
Property Plant And Equipment Gross	0.16	0.77	-0.07	0.86	-0.22	0.81	0.81	-0.34	0.2	0.02	0.43	0.13	0.07	0.18	0.11	0.62	0.18	0.55	0.57	0.73		0.22	-0.06	-0.29	-0.47	0.65
Total Current Assets	0.97	0.58	0.3	0.31	0.57	0.45	0.56	0.41	0.68	0.3	0.62	-0.44	0.31	0.42	-0.54	0.64	0.87	0.53	0.54	0.62	0.22		-0.42	0.27	-0.28	0.49
Short Term Debt	-0.31	-0.44	-0.44	-0.33	0.19	-0.18	-0.32	0.29	-0.66	-0.5	-0.22	0.32	-0.5	0.0	0.32	-0.5	-0.16	-0.4	-0.41	-0.5	-0.06	-0.42		0.02	0.36	-0.49
Intangible Assets	0.43	-0.06	0.0	-0.52	0.61	-0.02	0.05	0.64	-0.14	-0.25	0.24	-0.16	-0.26	0.28	-0.14	0.13	0.38	-0.15	-0.38	-0.07	-0.29	0.27	0.02		0.18	-0.26
Current Deferred Revenue	-0.16	-0.61	-0.24	-0.41	0.32	-0.79	-0.5	0.42	-0.6	-0.34	-0.82	-0.14	-0.46	0.07	-0.51	-0.64	-0.12	-0.54	-0.61	-0.46	-0.47	-0.28	0.36	0.18		-0.48
Other Assets	0.39	0.86	0.39	0.7	-0.23	0.61	0.75	-0.4	0.4	0.58	0.37	-0.14	0.59	-0.12	-0.27	0.81	0.23	0.9	0.62	0.87	0.65	0.49	-0.49	-0.26	-0.48

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Gildan Activewear Account Relationship Matchups

Gildan Activewear balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	3.0B	3.1B	3.4B	3.5B	1.9B
Short Long Term Debt Total	926.5M	1.1B	709.1M	1.0B	1.1B	1.1B
Other Current Liab	1.3M	69.7M	7.9M	6.6M	1.6M	1.6M
Total Current Liabilities	422.4M	359.6M	463.6M	641.7M	724.1M	760.3M
Total Stockholder Equity	1.8B	1.6B	1.9B	1.9B	2.0B	1.2B
Property Plant And Equipment Net	1.1B	956.2M	1.1B	1.2B	1.3B	1.3B
Net Debt	862.4M	577.2M	529.9M	873.6M	993.4M	1.0B
Retained Earnings	1.6B	1.4B	1.6B	1.6B	1.6B	1.1B
Accounts Payable	406.6M	343.7M	440.4M	471.2M	408.3M	228.3M
Cash	64.1M	505.3M	179.2M	150.4M	89.6M	92.6M
Non Current Assets Total	1.7B	1.5B	1.7B	1.7B	1.8B	926.3M
Non Currrent Assets Other	6.7M	6.0M	3.8M	2.5M	14.3M	10.5M
Cash And Short Term Investments	64.1M	505.3M	179.2M	150.4M	89.6M	87.1M
Net Receivables	320.9M	201.1M	330.0M	248.8M	412.5M	222.2M
Common Stock Shares Outstanding	204.6M	198.4M	197.6M	184.1M	176.2M	241.3M
Liabilities And Stockholders Equity	3.2B	3.0B	3.1B	3.4B	3.5B	1.8B
Non Current Liabilities Total	954.2M	1.1B	753.7M	916.4M	833.3M	875.0M
Inventory	1.1B	728.0M	774.4M	1.2B	1.1B	550.9M
Other Current Assets	77.1M	110.1M	163.7M	101.8M	96.0M	100.8M
Other Stockholder Equity	32.8M	24.9M	58.1M	79.5M	61.4M	39.6M
Total Liab	1.4B	1.5B	1.2B	1.6B	1.6B	1.6B
Property Plant And Equipment Gross	1.1B	956.2M	1.1B	1.2B	2.5B	2.6B
Total Current Assets	1.5B	1.5B	1.4B	1.7B	1.7B	902.2M
Accumulated Other Comprehensive Income	(535K)	(9.0M)	64.8M	9.8M	13.7M	12.6M
Short Term Debt	14.5M	15.9M	15.3M	163.8M	314.2M	329.9M
Intangible Assets	383.9M	289.9M	306.6M	230.0M	261.4M	226.7M
Other Assets	16.6M	23.7M	21.5M	18.4M	21.1M	22.2M
Good Will	227.9M	206.6M	283.8M	271.7M	312.4M	190.4M
Common Stock Total Equity	159.2M	159.9M	174.2M	183.9M	211.5M	153.4M
Common Stock	174.2M	183.9M	191.7M	202.3M	271.2M	169.5M
Other Liab	42.2M	35.9M	59.9M	56.2M	64.6M	46.3M
Net Tangible Assets	1.2B	1.1B	1.3B	1.4B	1.2B	1.1B
Property Plant Equipment	1.1B	956.2M	1.1B	1.2B	1.4B	1.1B
Long Term Debt	669M	845M	1B	780M	685M	680.3M
Short Term Investments	46.0M	88.8M	70.0M	48.3M	45.1M	48.4M
Short Long Term Debt	630M	521K	2.1M	150M	300M	252.0M
Long Term Debt Total	912.0M	1.1B	693.8M	860.2M	989.2M	853.5M
Capital Surpluse	32.8M	24.9M	58.1M	79.5M	91.4M	96.0M
Non Current Liabilities Other	42.2M	35.9M	59.9M	56.2M	64.6M	48.0M

Pair Trading with Gildan Activewear

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gildan Activewear position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gildan Activewear will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gildan Stock

0.82	NVDA	NVIDIA CDR	Pair Corr
0.81	AMZN	Amazon CDR	Pair Corr
0.72	GOOG	Alphabet CDR	Pair Corr

The ability to find closely correlated positions to Gildan Activewear could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gildan Activewear when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gildan Activewear - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gildan Activewear to buy it.

The correlation of Gildan Activewear is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gildan Activewear moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gildan Activewear moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Gildan Activewear can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Gildan

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Is Gildan Stock a good investment?

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What is Gildan Activewear's Net Worth?

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To learn how to invest in Gildan Stock, please use our How to Invest in Gildan Activewear guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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.

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Gildan Historical Balance Sheet

Gildan Activewear Inventory

550.91 Million

About Gildan Balance Sheet Analysis

Gildan Activewear Balance Sheet Chart

Total Assets

Total Current Liabilities

Gildan Activewear balance sheet Correlations

Gildan Activewear Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gildan Activewear balance sheet Accounts

Pair Trading with Gildan Activewear

Moving together with Gildan Stock

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Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.97	Total Assets
Total Liab	+ 0.97	Short Long Term Debt Total
Retained Earnings	+ 0.97	Total Stockholder Equity
Non Current Liabilities Total	+ 0.96	Short Long Term Debt Total
Net Debt	+ 0.95	Short Long Term Debt Total

Current Deferred Revenue	- 0.82	Non Current Assets Total
Current Deferred Revenue	- 0.79	Property Plant And Equipment Net
Short Term Debt	- 0.66	Accounts Payable
Current Deferred Revenue	- 0.64	Non Current Liabilities Total
Current Deferred Revenue	- 0.61	Other Stockholder Equity
Current Deferred Revenue	- 0.61	Short Long Term Debt Total