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 $414.0M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are $2.7B and $1.2B respectively. G-III Apparel Group's EBIT is $298.3M making its interest coverage ratio 10.6. It has cash and short-term investments of $414.8M.
Key information
27.4%
Debt to equity ratio
US$413.97m
Debt
| Interest coverage ratio | 10.6x |
| Cash | US$414.79m |
| Equity | US$1.51b |
| Total liabilities | US$1.18b |
| Total assets | US$2.70b |
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 28G-III Apparel Group (NASDAQ:GIII) Has A Pretty Healthy Balance Sheet
Apr 14Recent updates
These 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 28G-III Apparel Group (NASDAQ:GIII) Has A Pretty Healthy Balance Sheet
Apr 14Financial Position Analysis
Short Term Liabilities: GIII's short term assets ($1.6B) exceed its short term liabilities ($546.4M).
Long Term Liabilities: GIII's short term assets ($1.6B) exceed its long term liabilities ($637.2M).
Debt to Equity History and Analysis
Debt Level: GIII has more cash than its total debt.
Reducing Debt: GIII's debt to equity ratio has reduced from 47.4% to 27.4% over the past 5 years.
Debt Coverage: GIII's debt is well covered by operating cash flow (113.5%).
Interest Coverage: GIII's interest payments on its debt are well covered by EBIT (10.6x coverage).