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Gildan Activewear (TSX:GIL) Debt-to-Revenue : 0.45 (As of Sep. 2024)


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What is Gildan Activewear Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Gildan Activewear's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$429 Mil. Gildan Activewear's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1,719 Mil. Gildan Activewear's annualized Revenue for the quarter that ended in Sep. 2024 was C$4,828 Mil. Gildan Activewear's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.44.


Gildan Activewear Debt-to-Revenue Historical Data

The historical data trend for Gildan Activewear's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gildan Activewear Debt-to-Revenue Chart

Gildan Activewear Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.55 0.24 0.32 0.34

Gildan Activewear Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.35 0.44 0.39 0.45

Competitive Comparison of Gildan Activewear's Debt-to-Revenue

For the Apparel Manufacturing subindustry, Gildan Activewear's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gildan Activewear's Debt-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Gildan Activewear's Debt-to-Revenue falls into.



Gildan Activewear Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Gildan Activewear's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(421.478 + 1031.556) / 4287.634
=0.34

Gildan Activewear's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(429.061 + 1718.523) / 4828.368
=0.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Gildan Activewear Debt-to-Revenue Related Terms

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Gildan Activewear Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including t-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank t-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the US.
Executives
Jason De Haan Senior Officer
Michener Chandlee Director
Benito Masi Senior Officer
Rhodri Harries Senior Officer
Juan Carlos Contreras Contreras Y Contreras Senior Officer
Michael Kneeland Director
Ghislain Houle Director
Chuckie J. Ward Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Schroeder Senior Officer
Glenn J. Chamandy Director, Senior Officer
Donald Berg Director
Marc Caira Director
Maryse Bertrand Director
Russell Andrew Goodman Director
Larry Vernon Dismukes Senior Officer