GILGildan Activewear Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -74% · now 42% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can GIL take a bad year?
Gildan Activewear Inc. carries $4.03B of net debt at 5.25× EBITDA: a heavy load to carry through a bad year.
Net debt · as at FY2025 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 5.25×
Net debt / EBITDA · 1.90× a year ago · the load is going up
- Debt / equity
- 1.21×
Debt / equity
- Annualised volatility
- 36%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2025
- $4.31B
- Cash and short-term investments
- $284M
- Net debt
- $4.03B
- EBITDA, trailing twelve months
- $768M
- Operating profit, trailing twelve months
- $620M
- Debt / equity
- 1.21×
- Total debt / EBITDA
- 5.62×
- Annualised volatilitytwo years of daily moves
- 36%
- Worst drawdown on file
- −74%
- Below its 52-week high
- 42%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Apparel Manufacturing
Ranks #7 of 12 by RyuScore