Gildan Activewear Inc. (GIL) — Working Capital to Net Assets Ratio
Gildan Activewear Inc. (GIL) has a Working Capital to Net Assets ratio of 81.0% as of March 2026. Working capital of CA$2.76 Billion (current assets of CA$4.81 Billion minus current liabilities of CA$2.05 Billion) is measured against net assets of CA$3.41 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GIL financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gildan Activewear Inc. Working Capital to Net Assets (1997–2025)
This chart shows how Gildan Activewear Inc.'s Working Capital to Net Assets ratio has evolved across 30 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 81.0%, reflecting working capital of CA$2.76 Billion against net assets of CA$3.41 Billion CAD. See operational self-sufficiency of Gildan Activewear Inc. to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Gildan Activewear Inc. (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gildan Activewear Inc. from 1997 to 2025, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Gildan Activewear Inc. stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 69.5% | CA$2.47 Billion | CA$3.56 Billion | CA$4.70 Billion | CA$2.23 Billion | ▼ -0.6 pp |
| 2024 | 70.1% | CA$1.02 Billion | CA$1.46 Billion | CA$1.86 Billion | CA$837.49 Million | ▲ +20.9 pp |
| 2023 | 49.2% | CA$963.45 Million | CA$1.96 Billion | CA$1.69 Billion | CA$724.09 Million | ▼ -8.4 pp |
| 2022 | 57.7% | CA$1.09 Billion | CA$1.88 Billion | CA$1.73 Billion | CA$641.67 Million | ▲ +6.4 pp |
| 2021 | 51.2% | CA$983.63 Million | CA$1.92 Billion | CA$1.45 Billion | CA$463.60 Million | ▼ -24.8 pp |
| 2020 | 76.0% | CA$1.18 Billion | CA$1.56 Billion | CA$1.54 Billion | CA$359.61 Million | ▲ +16.5 pp |
| 2019 | 59.5% | CA$1.09 Billion | CA$1.83 Billion | CA$1.51 Billion | CA$422.40 Million | ▲ +6.0 pp |
| 2018 | 53.5% | CA$1.04 Billion | CA$1.94 Billion | CA$1.38 Billion | CA$346.99 Million | ▲ +2.4 pp |
| 2017 | 51.2% | CA$1.05 Billion | CA$2.05 Billion | CA$1.31 Billion | CA$258.48 Million | ▼ -1.0 pp |
| 2016 | 52.1% | CA$1.10 Billion | CA$2.12 Billion | CA$1.34 Billion | CA$235.93 Million | ▲ +5.5 pp |
| 2016 | 46.6% | CA$1.02 Billion | CA$2.19 Billion | CA$1.25 Billion | CA$233.22 Million | ▼ -2.4 pp |
| 2015 | 49.0% | CA$1.04 Billion | CA$2.13 Billion | CA$1.34 Billion | CA$295.06 Million | ▲ +5.9 pp |
| 2014 | 43.1% | CA$872.73 Million | CA$2.02 Billion | CA$1.25 Billion | CA$374.67 Million | ▲ +2.9 pp |
| 2013 | 40.2% | CA$691.30 Million | CA$1.72 Billion | CA$980.71 Million | CA$289.41 Million | ▼ -6.0 pp |
| 2012 | 46.2% | CA$659.16 Million | CA$1.43 Billion | CA$915.60 Million | CA$256.44 Million | ▲ +3.4 pp |
| 2011 | 42.8% | CA$573.17 Million | CA$1.34 Billion | CA$888.44 Million | CA$315.27 Million | ▼ -7.3 pp |
| 2010 | 50.1% | CA$564.10 Million | CA$1.13 Billion | CA$755.33 Million | CA$191.23 Million | ▲ +2.1 pp |
| 2009 | 48.0% | CA$440.96 Million | CA$918.06 Million | CA$579.97 Million | CA$139.00 Million | ▲ +4.7 pp |
| 2008 | 43.3% | CA$355.25 Million | CA$819.50 Million | CA$561.10 Million | CA$205.85 Million | ▼ -7.7 pp |
| 2007 | 51.1% | CA$342.55 Million | CA$670.58 Million | CA$465.87 Million | CA$123.32 Million | ▲ +2.4 pp |
| 2006 | 48.7% | CA$261.27 Million | CA$536.74 Million | CA$406.98 Million | CA$145.72 Million | ▼ -1.8 pp |
| 2005 | 50.5% | CA$214.73 Million | CA$425.51 Million | CA$327.50 Million | CA$112.77 Million | ▼ -4.1 pp |
| 2004 | 54.6% | CA$178.63 Million | CA$327.27 Million | CA$273.91 Million | CA$95.28 Million | ▼ -4.1 pp |
| 2003 | 58.7% | CA$153.48 Million | CA$261.67 Million | CA$243.28 Million | CA$89.80 Million | ▼ -11.3 pp |
| 2002 | 70.0% | CA$118.98 Million | CA$170.07 Million | CA$176.62 Million | CA$57.64 Million | ▼ -31.2 pp |
| 2001 | 101.2% | CA$127.59 Million | CA$126.10 Million | CA$195.40 Million | CA$67.80 Million | ▲ +0.1 pp |
| 2000 | 101.1% | CA$132.58 Million | CA$131.16 Million | CA$180.16 Million | CA$47.58 Million | ▲ +0.8 pp |
| 1999 | 100.3% | CA$96.12 Million | CA$95.82 Million | CA$140.19 Million | CA$44.06 Million | ▲ +38.1 pp |
| 1998 | 62.2% | CA$21.75 Million | CA$34.99 Million | CA$55.84 Million | CA$34.08 Million | ▼ -42.2 pp |
| 1997 | 104.4% | CA$11.80 Million | CA$11.30 Million | CA$27.49 Million | CA$15.70 Million | — |