Gildan Net Interest Income vs Net Income 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 Net Interest Income and its Net Income 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.

Net Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gildan Activewear Net Interest Income account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gildan Activewear's Net Interest Income and Net Income is -0.23. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income 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 Net Interest Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Gildan Activewear are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Interest Income i.e., Gildan Activewear's Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Gildan Activewear financial statement analysis. It represents the amount of money remaining after all of Gildan Activewear operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Profit940.2M992.4M880.1M470.4M
Total Revenue2.9B3.2B3.2B1.8B

Gildan Activewear fundamental ratios Correlations

0.52-0.480.20.70.40.520.550.480.160.6-0.380.180.49-0.570.570.90.570.450.540.97-0.310.47-0.550.210.93
0.52-0.520.73-0.10.70.91-0.260.210.430.440.020.48-0.05-0.320.90.460.520.630.960.59-0.44-0.11-0.760.440.71
-0.48-0.52-0.07-0.22-0.23-0.54-0.140.13-0.11-0.180.31-0.09-0.090.42-0.55-0.41-0.42-0.19-0.51-0.430.17-0.370.56-0.19-0.52
0.20.73-0.07-0.280.650.75-0.430.330.110.270.390.210.1-0.150.570.250.170.770.790.31-0.33-0.57-0.50.320.4
0.7-0.1-0.22-0.28-0.02-0.040.970.13-0.310.23-0.45-0.340.66-0.4-0.080.660.15-0.06-0.10.570.180.64-0.09-0.390.47
0.40.7-0.230.65-0.020.83-0.150.380.120.82-0.040.250.180.290.80.390.480.660.730.45-0.17-0.06-0.30.220.47
0.520.91-0.540.75-0.040.83-0.20.260.130.580.010.210.1-0.160.90.540.460.640.940.56-0.31-0.01-0.660.390.65
0.55-0.26-0.14-0.430.97-0.15-0.20.02-0.370.1-0.47-0.420.62-0.3-0.230.530.0-0.25-0.270.410.280.670.05-0.540.28
0.480.210.130.330.130.380.260.020.120.58-0.20.170.24-0.070.350.480.450.650.320.55-0.650.0-0.210.270.43
0.160.43-0.110.11-0.310.120.13-0.370.120.130.010.99-0.38-0.160.47-0.120.50.160.390.31-0.48-0.23-0.30.520.35
0.60.44-0.180.270.230.820.580.10.580.13-0.310.260.290.260.670.550.580.580.470.62-0.220.26-0.150.270.57
-0.380.020.310.39-0.45-0.040.01-0.47-0.20.01-0.310.04-0.030.08-0.14-0.35-0.340.030.05-0.30.13-0.710.310.37-0.24
0.180.48-0.090.21-0.340.250.21-0.420.170.990.260.04-0.34-0.090.54-0.090.520.250.450.34-0.48-0.27-0.290.560.38
0.49-0.05-0.090.10.660.180.10.620.24-0.380.29-0.03-0.34-0.17-0.040.40.020.090.020.42-0.010.30.04-0.310.35
-0.57-0.320.42-0.15-0.40.29-0.16-0.3-0.07-0.160.260.08-0.09-0.17-0.13-0.49-0.2-0.15-0.33-0.540.32-0.160.67-0.19-0.63
0.570.9-0.550.57-0.080.80.9-0.230.350.470.67-0.140.54-0.04-0.130.480.690.580.920.64-0.480.08-0.660.520.71
0.90.46-0.410.250.660.390.540.530.48-0.120.55-0.35-0.090.4-0.490.480.30.490.490.87-0.160.41-0.470.10.78
0.570.52-0.420.170.150.480.460.00.450.50.58-0.340.520.02-0.20.690.30.440.550.57-0.590.31-0.540.480.68
0.450.63-0.190.77-0.060.660.64-0.250.650.160.580.030.250.09-0.150.580.490.440.670.55-0.42-0.37-0.440.410.56
0.540.96-0.510.79-0.10.730.94-0.270.320.390.470.050.450.02-0.330.920.490.550.670.62-0.49-0.12-0.770.490.73
0.970.59-0.430.310.570.450.560.410.550.310.62-0.30.340.42-0.540.640.870.570.550.62-0.410.31-0.550.290.94
-0.31-0.440.17-0.330.18-0.17-0.310.28-0.65-0.48-0.220.13-0.48-0.010.32-0.48-0.16-0.59-0.42-0.49-0.410.010.53-0.41-0.44
0.47-0.11-0.37-0.570.64-0.06-0.010.670.0-0.230.26-0.71-0.270.3-0.160.080.410.31-0.37-0.120.310.01-0.17-0.230.29
-0.55-0.760.56-0.5-0.09-0.3-0.660.05-0.21-0.3-0.150.31-0.290.040.67-0.66-0.47-0.54-0.44-0.77-0.550.53-0.17-0.27-0.72
0.210.44-0.190.32-0.390.220.39-0.540.270.520.270.370.56-0.31-0.190.520.10.480.410.490.29-0.41-0.23-0.270.41
0.930.71-0.520.40.470.470.650.280.430.350.57-0.240.380.35-0.630.710.780.680.560.730.94-0.440.29-0.720.41
Click cells to compare fundamentals

Gildan Activewear Account Relationship Matchups

Gildan Activewear fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.0B3.1B3.4B3.5B1.9B
Short Long Term Debt Total926.5M1.1B709.1M1.0B1.1B1.1B
Other Current Liab1.3M15.2M18.5M19.6M72.4M50.5M
Total Current Liabilities422.4M359.6M463.6M641.7M724.1M760.3M
Total Stockholder Equity1.8B1.6B1.9B1.9B2.0B1.2B
Property Plant And Equipment Net1.1B956.2M1.1B1.2B1.3B1.3B
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
Non Current Assets Total1.7B1.5B1.7B1.7B1.8B926.3M
Non Currrent Assets Other3.8M4.6M3.4M2.4M25.5M26.8M
Cash And Short Term Investments64.1M505.3M179.2M150.4M134.8M96.1M
Net Receivables320.9M201.1M330.0M248.8M412.5M222.2M
Common Stock Shares Outstanding204.6M198.4M197.6M184.5M176.2M241.3M
Liabilities And Stockholders Equity3.2B3.0B3.1B3.4B3.5B1.8B
Non Current Liabilities Total954.2M1.1B753.7M916.4M833.3M875.0M
Inventory1.1B728.0M774.4M1.2B1.1B550.9M
Other Current Assets77.1M110.1M163.7M53.5M50.8M31.8M
Other Stockholder Equity32.8M24.9M58.1M79.5M61.4M39.2M
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 Stock Total Equity159.2M159.9M174.2M183.9M211.5M118.2M
Property Plant And Equipment Gross1.1B956.2M1.1B1.2B2.5B2.6B
Accumulated Other Comprehensive Income(535K)(9.0M)64.8M9.8M13.7M13.8M
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 Term Investments46.0M88.8M70.0M48.3M45.1M29.3M
Short Long Term Debt630M521K2.1M150M300M231.0M
Property Plant Equipment1.1B956.2M1.1B1.2B1.4B691.8M
Long Term Debt Total912.0M1.1B693.8M860.2M989.2M853.5M
Capital Surpluse32.8M24.9M58.1M79.5M91.4M96.0M

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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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.