Gildan Intangible Assets vs Other Stockholder Equity Analysis
GIL Stock | USD 49.83 0.35 0.71% |
Gildan Activewear financial indicator trend analysis is much more than just examining Gildan Activewear latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gildan Activewear is a good investment. Please check the relationship between Gildan Activewear Intangible Assets and its Other Stockholder Equity accounts. 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.
Intangible Assets vs Other Stockholder Equity
Intangible Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gildan Activewear Intangible Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gildan Activewear's Intangible Assets and Other Stockholder Equity is -0.37. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Gildan Activewear, assuming nothing else is changed. The correlation between historical values of Gildan Activewear's Intangible Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Gildan Activewear are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Intangible Assets i.e., Gildan Activewear's Intangible Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Other Stockholder Equity
Most indicators from Gildan Activewear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 gross domestic product. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.At this time, Gildan Activewear's Issuance Of Capital Stock is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.05 this year, although the value of Tax Provision will most likely fall to about 11.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 940.2M | 992.4M | 880.1M | 470.4M | Total Revenue | 2.9B | 3.2B | 3.2B | 1.8B |
Gildan Activewear fundamental ratios Correlations
Click cells to compare fundamentals
Gildan Activewear Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gildan Activewear fundamental ratios 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 | 15.2M | 18.5M | 19.6M | 72.4M | 50.5M | |
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 | 289.9M | 421.9M | 451.6M | 323.4M | 221.4M | |
Cash | 64.1M | 505.3M | 179.2M | 150.4M | 89.6M | 89.2M | |
Non Current Assets Total | 1.7B | 1.5B | 1.7B | 1.7B | 1.8B | 926.3M | |
Non Currrent Assets Other | 3.8M | 4.6M | 3.4M | 2.4M | 25.5M | 26.8M | |
Cash And Short Term Investments | 64.1M | 505.3M | 179.2M | 150.4M | 134.8M | 96.1M | |
Net Receivables | 320.9M | 201.1M | 330.0M | 248.8M | 412.5M | 222.2M | |
Common Stock Shares Outstanding | 204.6M | 198.4M | 197.6M | 184.5M | 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 | 53.5M | 50.8M | 31.8M | |
Other Stockholder Equity | 32.8M | 24.9M | 58.1M | 79.5M | 61.4M | 39.2M | |
Total Liab | 1.4B | 1.5B | 1.2B | 1.6B | 1.6B | 1.6B | |
Total Current Assets | 1.5B | 1.5B | 1.4B | 1.7B | 1.7B | 902.2M | |
Short Term Debt | 14.5M | 54.4M | 15.3M | 163.8M | 326.7M | 343.0M | |
Intangible Assets | 383.9M | 289.9M | 306.6M | 230.0M | 261.4M | 191.8M | |
Other Assets | 16.6M | 23.7M | 21.5M | 18.4M | 21.1M | 12.6M | |
Common Stock Total Equity | 159.2M | 159.9M | 174.2M | 183.9M | 211.5M | 118.2M | |
Property Plant And Equipment Gross | 1.1B | 956.2M | 1.1B | 1.2B | 2.5B | 2.6B | |
Accumulated Other Comprehensive Income | (535K) | (9.0M) | 64.8M | 9.8M | 13.7M | 13.8M | |
Common Stock | 174.2M | 183.9M | 191.7M | 202.3M | 271.2M | 284.8M | |
Other Liab | 42.2M | 35.9M | 59.9M | 56.2M | 64.6M | 33.7M | |
Net Tangible Assets | 1.2B | 1.1B | 1.3B | 1.4B | 1.6B | 1.1B | |
Long Term Debt | 669M | 845M | 1B | 780M | 685M | 359.2M | |
Good Will | 227.9M | 206.6M | 283.8M | 271.7M | 312.4M | 328.0M | |
Short Term Investments | 46.0M | 88.8M | 70.0M | 48.3M | 45.1M | 29.3M | |
Short Long Term Debt | 630M | 521K | 2.1M | 150M | 300M | 231.0M | |
Property Plant Equipment | 1.1B | 956.2M | 1.1B | 1.2B | 1.4B | 691.8M | |
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 |
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Try AI Portfolio ArchitectCheck 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.