G-III Apparel Group Balance Sheet Health
Financial Health criteria checks 6/6
G-III Apparel Group has a total shareholder equity of $1.6B and total debt of $224.2M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are $2.8B and $1.1B respectively. G-III Apparel Group's EBIT is $274.1M making its interest coverage ratio 11.6. It has cash and short-term investments of $104.7M.
Key information
13.6%
Debt to equity ratio
US$224.18m
Debt
| Interest coverage ratio | 11.6x |
| Cash | US$104.69m |
| Equity | US$1.65b |
| Total liabilities | US$1.13b |
| Total assets | US$2.78b |
Recent financial health updates
These 4 Measures Indicate That G-III Apparel Group (NASDAQ:GIII) Is Using Debt Reasonably Well
Nov 04
Here's Why G-III Apparel Group (NASDAQ:GIII) Has A Meaningful Debt Burden
Nov 03Is G-III Apparel Group (NASDAQ:GIII) Using Too Much Debt?
May 12Here's Why G-III Apparel Group (NASDAQ:GIII) Has A Meaningful Debt Burden
Dec 02Is G-III Apparel Group (NASDAQ:GIII) A Risky Investment?
Aug 28Recent updates
The Returns At G-III Apparel Group (NASDAQ:GIII) Aren't Growing
Jan 13G-III Apparel Group Continues To Perform, But I Think It Has Reached Fair Value
Dec 11These 4 Measures Indicate That G-III Apparel Group (NASDAQ:GIII) Is Using Debt Reasonably Well
Nov 04A Look At The Fair Value Of G-III Apparel Group, Ltd. (NASDAQ:GIII)
Oct 16Return Trends At G-III Apparel Group (NASDAQ:GIII) Aren't Appealing
Sep 27G-III Apparel Group, Ltd. (NASDAQ:GIII) Soars 30% But It's A Story Of Risk Vs Reward
Sep 07G-III Apparel: Q2 Was Good, And Despite The Rally, The Stock Remains An Opportunity
Sep 05G-III Apparel Group: Still A Good Fit After A Nice Run Up
Aug 23G-III Apparel Group, Ltd.'s (NASDAQ:GIII) Intrinsic Value Is Potentially 53% Above Its Share Price
Jul 17What You Can Learn From G-III Apparel Group, Ltd.'s (NASDAQ:GIII) P/S
Jun 20G-III Apparel: Eyes On Revenue Miss And European Market Growth
Jun 07Return Trends At G-III Apparel Group (NASDAQ:GIII) Aren't Appealing
May 27We Like The Quality Of G-III Apparel Group's (NASDAQ:GIII) Earnings
Apr 01G-III Apparel Is A Buy At These Prices
Mar 14Returns Are Gaining Momentum At G-III Apparel Group (NASDAQ:GIII)
Feb 11G-III Apparel: Looking For Better Cash Flows
Jan 25Some Confidence Is Lacking In G-III Apparel Group, Ltd.'s (NASDAQ:GIII) P/S
Jan 19Here's Why G-III Apparel Group (NASDAQ:GIII) Has A Meaningful Debt Burden
Nov 03A Look At The Fair Value Of G-III Apparel Group, Ltd. (NASDAQ:GIII)
Oct 06Here's What's Concerning About G-III Apparel Group's (NASDAQ:GIII) Returns On Capital
Sep 13Estimating The Fair Value Of G-III Apparel Group, Ltd. (NASDAQ:GIII)
Jun 08Is G-III Apparel Group (NASDAQ:GIII) Using Too Much Debt?
May 12Returns Are Gaining Momentum At G-III Apparel Group (NASDAQ:GIII)
Jan 11Here's Why G-III Apparel Group (NASDAQ:GIII) Has A Meaningful Debt Burden
Dec 02G-III Apparel Group (NASDAQ:GIII) Might Have The Makings Of A Multi-Bagger
Sep 19G-III Apparel Q2 2023 Earnings Preview
Sep 06Is G-III Apparel Group (NASDAQ:GIII) A Risky Investment?
Aug 28Here's Why We Think G-III Apparel Group (NASDAQ:GIII) Is Well Worth Watching
Aug 09G-III Apparel Group: Why I'm Optimistic On A Rebound
Jun 23The Return Trends At G-III Apparel Group (NASDAQ:GIII) Look Promising
May 28Financial Position Analysis
Short Term Liabilities: GIII's short term assets ($1.6B) exceed its short term liabilities ($600.3M).
Long Term Liabilities: GIII's short term assets ($1.6B) exceed its long term liabilities ($534.6M).
Debt to Equity History and Analysis
Debt Level: GIII's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: GIII's debt to equity ratio has reduced from 53.6% to 13.6% over the past 5 years.
Debt Coverage: GIII's debt is well covered by operating cash flow (153.6%).
Interest Coverage: GIII's interest payments on its debt are well covered by EBIT (11.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 07:53 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
G-III Apparel Group, Ltd. is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Drbul | Barclays |
| Paul Kearney | Barclays |
| Heather Balsky | BofA Global Research |