Cash Ratio Analysis of Gildan Activewear Inc. - Deep Dive


Cash Ratio of GIL
Dec-23
0.124
Poor Cash Ratio
Dec-22
0.234
Poor Cash Ratio
Growth
-47.19
%
Cash Ratio Analysis of Gildan Activewear Inc.
Cash Ratio of Gildan Activewear Inc. with value of 0.124 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of GIL drastically fell by -47.19 % this year.
Cash Ratio with value of 1.41 was highest in Year Dec-20 in last Five Years.
Cash Ratio of GIL trending down for at least three Years.
Latest Cash Ratio with value of 0.124 is lower than Average Cash Ratio of 0.460 in last five years.
Other Cash Ratio Related Info of GIL that may interest you.
Gildan Activewear Inc. Overview
CodePricePrevious PricePrice ChangeSector
GIL35.3835.57 0.534 % Apparel Manufacturing
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Mild Stability
FY - Historical Cash Ratio of Gildan Activewear Inc.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.1240.2340.3871.410.1520.1340.204
Change-47.19 %-39.37 %-72.48 %825.52 %12.90 %-34.17 %26.16 %
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FY Chart of Cash Ratio of Gildan Activewear Inc.


Note : All Data Generated at the End of Trading Hours (EOD Data)