G-III Apparel Group Balance Sheet Health
Financial Health criteria checks 6/6
G-III Apparel Group has a total shareholder equity of $1.5B and total debt of $417.8M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are $2.7B and $1.1B respectively. G-III Apparel Group's EBIT is $290.1M making its interest coverage ratio 7.3. It has cash and short-term investments of $507.8M.
Key information
27.0%
Debt to equity ratio
US$417.83m
Debt
Interest coverage ratio | 7.3x |
Cash | US$507.83m |
Equity | US$1.55b |
Total liabilities | US$1.13b |
Total assets | US$2.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GI4's short term assets ($1.7B) exceed its short term liabilities ($493.6M).
Long Term Liabilities: GI4's short term assets ($1.7B) exceed its long term liabilities ($639.6M).
Debt to Equity History and Analysis
Debt Level: GI4 has more cash than its total debt.
Reducing Debt: GI4's debt to equity ratio has reduced from 32.5% to 27% over the past 5 years.
Debt Coverage: GI4's debt is well covered by operating cash flow (140.6%).
Interest Coverage: GI4's interest payments on its debt are well covered by EBIT (7.3x coverage).