G-III Apparel Group (FRA:GI4) Debt-to-Equity : 0.42 (As of Jan. 2024)

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What is G-III Apparel Group Debt-to-Equity?

G-III Apparel Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €66 Mil. G-III Apparel Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €533 Mil. G-III Apparel Group's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €1,423 Mil. G-III Apparel Group's debt to equity for the quarter that ended in Jan. 2024 was 0.42.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for G-III Apparel Group's Debt-to-Equity or its related term are showing as below:

FRA:GI4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.46 Max: 0.63
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of G-III Apparel Group was 0.63. The lowest was 0.33. And the median was 0.46.

FRA:GI4's Debt-to-Equity is ranked better than
51.88% of 931 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs FRA:GI4: 0.42

G-III Apparel Group Debt-to-Equity Historical Data

The historical data trend for G-III Apparel Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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G-III Apparel Group Debt-to-Equity Chart

G-III Apparel Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

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0.55

0.54

0.46

0.63

0.42

G-III Apparel Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.58	0.52	0.47	0.42

Competitive Comparison of G-III Apparel Group's Debt-to-Equity

For the Apparel Manufacturing subindustry, G-III Apparel Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

G-III Apparel Group's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, G-III Apparel Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where G-III Apparel Group's Debt-to-Equity falls into.

G-III Apparel Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

G-III Apparel Group's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(65.741	+	533.408)	/	1423.139
	=	0.42

G-III Apparel Group's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(65.741	+	533.408)	/	1423.139
	=	0.42

G-III Apparel Group (FRA:GI4) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

G-III Apparel Group Debt-to-Equity Related Terms

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G-III Apparel Group (FRA:GI4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » G-III Apparel Group Ltd (FRA:GI4) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GIII:USA

Address

512 Seventh Avenue, New York, NY, USA, 10018

Website

https://www.g-iii.com

G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.

G-III Apparel Group (FRA:GI4) Headlines

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