Gildan Activewear Inc. (GIL) — Tangible Net Worth Ratio
Gildan Activewear Inc. (GIL) has a Tangible Net Worth Ratio of 11.8% as of March 2026. This metric is calculated by deducting intangible assets (CA$3.01 Billion) from net assets (CA$3.41 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Gildan Activewear Inc. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gildan Activewear Inc. Tangible Net Worth Ratio (1997–2025)
This chart shows how Gildan Activewear Inc.'s Tangible Net Worth Ratio has changed across 30 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 11.8%, reflecting net assets of CA$3.41 Billion with intangible assets of CA$3.01 Billion CAD. See GIL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Gildan Activewear Inc. (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Gildan Activewear Inc. from 1997 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Gildan Activewear Inc. stock valuation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 15.2% | CA$3.56 Billion | CA$3.02 Billion | CA$10.45 Billion | ▼ -67.4 pp |
| 2024 | 82.6% | CA$1.46 Billion | CA$253.32 Million | CA$3.72 Billion | ▼ -4.0 pp |
| 2023 | 86.6% | CA$1.96 Billion | CA$261.42 Million | CA$3.51 Billion | ▼ -1.1 pp |
| 2022 | 87.8% | CA$1.88 Billion | CA$229.95 Million | CA$3.44 Billion | ▲ +3.8 pp |
| 2021 | 84.0% | CA$1.92 Billion | CA$306.63 Million | CA$3.14 Billion | ▲ +2.6 pp |
| 2020 | 81.4% | CA$1.56 Billion | CA$289.90 Million | CA$3.02 Billion | ▲ +2.3 pp |
| 2019 | 79.1% | CA$1.83 Billion | CA$383.86 Million | CA$3.21 Billion | ▼ -0.6 pp |
| 2018 | 79.7% | CA$1.94 Billion | CA$393.57 Million | CA$3.00 Billion | ▼ -0.8 pp |
| 2017 | 80.4% | CA$2.05 Billion | CA$401.61 Million | CA$2.98 Billion | ▼ -2.9 pp |
| 2016 | 83.3% | CA$2.12 Billion | CA$354.22 Million | CA$2.99 Billion | ▼ -1.3 pp |
| 2016 | 84.6% | CA$2.19 Billion | CA$336.75 Million | CA$2.83 Billion | ▲ +0.4 pp |
| 2015 | 84.2% | CA$2.13 Billion | CA$335.42 Million | CA$2.91 Billion | ▼ -1.6 pp |
| 2014 | 85.8% | CA$2.02 Billion | CA$287.35 Million | CA$2.59 Billion | ▲ +0.2 pp |
| 2013 | 85.6% | CA$1.72 Billion | CA$247.54 Million | CA$2.04 Billion | ▲ +3.8 pp |
| 2012 | 81.8% | CA$1.43 Billion | CA$259.98 Million | CA$1.90 Billion | ▲ +0.9 pp |
| 2011 | 80.8% | CA$1.34 Billion | CA$256.47 Million | CA$1.89 Billion | ▼ -13.7 pp |
| 2010 | 94.6% | CA$1.13 Billion | CA$61.32 Million | CA$1.32 Billion | ▲ +0.7 pp |
| 2009 | 93.8% | CA$918.06 Million | CA$56.76 Million | CA$1.08 Billion | ▲ +1.1 pp |
| 2008 | 92.7% | CA$819.50 Million | CA$59.95 Million | CA$1.10 Billion | ▼ -7.0 pp |
| 2007 | 99.7% | CA$670.58 Million | CA$2.02 Million | CA$874.49 Million | ▲ +1.5 pp |
| 2006 | 98.2% | CA$536.74 Million | CA$9.52 Million | CA$723.98 Million | ▼ -1.8 pp |
| 2005 | 100.0% | CA$425.51 Million | CA$0.00 | CA$596.89 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$327.27 Million | CA$0.00 | CA$488.51 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$261.67 Million | CA$0.00 | CA$425.54 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$170.07 Million | CA$0.00 | CA$312.93 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$126.10 Million | CA$0.00 | CA$297.18 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$131.16 Million | CA$0.00 | CA$262.45 Million | ▲ +0.1 pp |
| 1999 | 99.9% | CA$95.82 Million | CA$99.92K | CA$195.14 Million | ▲ +0.2 pp |
| 1998 | 99.7% | CA$34.99 Million | CA$100.24K | CA$87.21 Million | ▲ +0.6 pp |
| 1997 | 99.1% | CA$11.30 Million | CA$99.97K | CA$45.09 Million | — |