The Gap
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The Gap's balance sheet done over the years? Its assets were worth $11,044,000,000 last year, which is less than in the previous period. 77% of The Gap’s total assets is currently financed by debt. Its liabilities reached the amount of $8,449,000,000, which means an decrease by -16% compared compared to last year.
Debt to Assets
| 2011 | 7065000000 | 2.98B | 42.25% |
|---|---|---|---|
| 2012 | 7422000000 | 4.66B | 62.88% |
| 2015 | 7690000000 | 4.70B | 61.21% |
| 2016 | 7473000000 | 4.92B | 65.94% |
| 2018 | 7989000000 | 4.84B | 60.65% |
| 2019 | 8049000000 | 4.49B | 55.86% |
| 2020 | 13679000000 | 10.36B | 75.76% |
| 2021 | 13769000000 | 11.15B | 81.02% |
| 2022 | 12761000000 | 10.03B | 78.67% |
| 2024 | 11044000000 | 8.44B | 76.5% |
GPS Balance Sheet (2011 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.87B | 877M | 1.98B | 1.36B | 1.08B | 1.78B | 1.37B | 1.51B | 1.88B | 1.56B |
Short term investments | 0 | 0 | 410M | 290M | 288M | 14M | 85M | 0 | 0 | 100M |
Net receivables | 289M | 399M | 363M | 316M | 359M | 282M | 282M | 275M | 297M | 205M |
Inventory | 1.99B | 3.01B | 2.45B | 2.15B | 2.13B | 1.99B | 1.87B | 1.88B | 1.61B | 1.62B |
Other current assets | 269M | 1.27B | 1.15B | 706M | 751M | 506M | 460M | 638M | 512M | 440M |
Total current assets | 4.39B | 5.16B | 6.00B | 4.51B | 4.25B | 4.56B | 3.98B | 4.31B | 4.30B | 3.92B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 5.68B | 6.71B | 7.05B | 8.52B | 2.91B | 2.80B | 2.85B | 2.77B | 2.52B | 2.56B |
Goodwill | 207M | 207M | 109M | 109M | 109M | 109M | 180M | 180M | 99M | 99M |
Intangible assets | 72M | 90M | 61M | 121M | 92M | 95M | 92M | 92M | 77M | 77M |
Long term investments | 0 | 25M | 24M | 17M | 338M | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 689M | 587M | 533M | 409M | 685M | 412M | 366M | 328M | 414M | 400M |
Total non-current assets | 6.64B | 7.59B | 7.76B | 9.16B | 3.79B | 3.42B | 3.48B | 3.37B | 3.11B | 3.13B |
Total assets | 11.04B | 12.76B | 13.76B | 13.67B | 8.04B | 7.98B | 7.47B | 7.69B | 7.42B | 7.06B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 337M | 345M | 231M | 226M | 227M | 247M | 254M | 251M | 0 | 6M |
Short term debt | 1.2B | 734M | 831M | 920M | 24M | 0 | 421M | 21M | 59M | 0 |
Total current liabilities | 3.09B | 4.07B | 3.88B | 3.20B | 2.17B | 2.46B | 2.53B | 2.23B | 2.12B | 2.09B |
| Non-current liabilities: | ||||||||||
Long term debt | 4.84B | 5.51B | 6.83B | 6.75B | 1.24B | 1.24B | 1.31B | 1.33B | 1.60B | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19M |
Other non-current liabilities | 512M | 445M | 438M | 397M | 146M | 1.13B | 1.08B | 1.14B | 213M | 154M |
Total non-current liabilities | 5.35B | 5.96B | 7.27B | 7.15B | 2.32B | 2.38B | 2.39B | 2.47B | 2.53B | 890M |
Total liabilities | 8.44B | 10.03B | 11.15B | 10.36B | 4.49B | 4.84B | 4.92B | 4.70B | 4.66B | 2.98B |
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