Gildan Activewear Current Ratio Growth & History (GIL)

Gildan Activewear's current ratio was 2.11 for fiscal 2025.

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Gildan Activewear annual current ratio history

Gildan Activewear annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20252025-12-282.11−0.11−5.08%
20242024-12-292.22−0.11−4.77%
20232023-12-312.33−0.36−13.40%
20222023-01-012.69−0.43−13.79%
20212022-01-023.12−1.17−27.32%
20202021-01-034.290.71+19.81%
20192019-12-293.58−0.40−10.06%
2018 · Dec 302018-12-303.99−1.07−21.23%
20172017-12-315.06−0.62−10.95%
20162017-01-015.68

Gildan Activewear current ratio trends

Over the last five fiscal years, Gildan Activewear's current ratio decreased from 4.29 to 2.11, a change of −2.19. The latest reported quarter, Q2 2026, shows 1.93.

About the metric

What the current ratio means

The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.

Calculation and source

How the current ratio is calculated

TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Gildan Activewear source filings ↗

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