Gildan Retained Earnings vs Net Invested Capital Analysis
GIL Stock | USD 35.97 0.17 0.47% |
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 Retained Earnings and its Net Invested Capital 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 tightly coupled 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.
Retained Earnings vs Net Invested Capital
Retained Earnings vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gildan Activewear Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gildan Activewear's Retained Earnings and Net Invested Capital is -0.26. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital 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 Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Gildan Activewear are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., Gildan Activewear's Retained Earnings and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 tightly coupled 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 Selling General Administrative will most likely fall to about 134.4 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 | 26.2M | 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 | 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 | 1.5M | 1.4M | |
Cash And Short Term Investments | 64.1M | 505.3M | 179.2M | 150.4M | 89.6M | 94.1M | |
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 | 101.8M | 96.0M | 100.8M | |
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 | 15.9M | 15.3M | 163.8M | 314.2M | 329.9M | |
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 | 27.8M | |
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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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 tightly coupled 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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Is Gildan Activewear's industry 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 (0.14) | Dividend Share 0.763 | Earnings Share 2.97 | Revenue Per Share 18.404 | Quarterly Revenue Growth (0.01) |
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.