Gildan Activewear (GIL) Financials

The following is the income statement for Gildan Activewear Inc (GIL). This statement shows the company's revenue, expenses, and net income for a specific period. In the most recent financial report, Gildan Activewear Inc reported a total revenue of $2.8 billion. The company's gross profit was $833 million, representing the amount left after deducting the cost of goods sold from the total revenue. Gildan Activewear Inc's operating income, also known as earnings before interest and taxes (EBIT), was $437 million. This figure reflects the profitability of the company's core operations before considering non-operating expenses and taxes. The company's net income from stockholders, which represents the profit available to shareholders after all expenses and taxes, amounted to $313 million.

Moving on to the balance sheet of Gildan Activewear Inc (GIL), it provides a snapshot of the company's financial position at a specific point in time. The company's total assets were reported at $4.6 billion, which includes current assets like cash equivalents. Gildan Activewear Inc's total liabilities amounted to $2.1 billion, which represents the company's obligations and debts. The stockholders' equity, which is the residual value of the assets after deducting liabilities, stood at $2.5 billion. Another important financial measure is the company's net debt, which is the total borrowings minus the cash and cash equivalents. Gildan Activewear Inc reported a net debt of $611 million.

In terms of cash flow, Gildan Activewear Inc's operating cash flow represents the cash generated from the company's core operations. The company reported an operating cash flow of $424 million. Investing cash flow reflects the cash used for investing activities such as acquiring property, plant, and equipment. Gildan Activewear Inc reported an investing cash flow of $107 million. On the other hand, financing cash flow includes activities related to borrowing, repaying debt, and issuing or repurchasing stock. The company's financing cash flow was $12 million. Lastly, free cash flow, which is the cash left after deducting capital expenditures from operating cash flow, was reported at $317 million.

In summary, Gildan Activewear Inc (GIL) has achieved a strong financial performance based on its income statement and balance sheet. The company generated significant total revenue and gross profit, indicating the success of its products in the market. The balance sheet reflects a healthy financial position with substantial total assets and stockholders' equity. The cash flow statement demonstrates positive cash flow from operations and a manageable level of debt. Overall, these financial indicators suggest that Gildan Activewear Inc is in a stable and favorable financial position.