G-III Apparel Group Ltd (GIII)
Return on total capital
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 288,924 | 272,134 | 281,715 | 259,969 | 261,729 | 268,963 | 189,319 | 234,107 | 273,380 | 286,821 | 348,631 | 327,992 | 320,277 | 277,845 | 228,989 | 192,917 | 103,953 | 126,465 | 159,712 | 179,650 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,679,480 | 1,648,730 | 1,512,640 | 1,519,880 | 1,550,260 | 1,503,220 | 1,382,120 | 32,100 | 1,385,450 | 1,622,260 | 1,584,000 | 1,558,290 | 1,519,910 | 1,486,240 | 1,380,610 | 1,357,880 | 1,336,240 | 1,310,270 | 1,237,750 | 1,246,230 |
| Return on total capital | 17.20% | 16.51% | 18.62% | 17.10% | 16.88% | 17.89% | 13.70% | 729.31% | 19.73% | 17.68% | 22.01% | 21.05% | 21.07% | 18.69% | 16.59% | 14.21% | 7.78% | 9.65% | 12.90% | 14.42% |
January 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $288,924K ÷ ($—K + $1,679,480K)
= 17.20%
G-III Apparel Group Ltd's return on total capital has shown fluctuations over the quarters provided. The return on total capital was at 14.42% as of April 30, 2020, and gradually decreased to 7.78% by January 31, 2021. Subsequently, there was an upward trend in the return on total capital reaching 22.01% by July 31, 2022. However, there was a notable anomaly with an exceptionally high return on total capital of 729.31% reported on April 30, 2023, which should be investigated further for any irregularities or anomalies.
Following the outlier, the return on total capital decreased to 16.88% by January 31, 2024, and then fluctuated slightly between 16.51% and 18.62% over the subsequent quarters up to July 31, 2024. As of January 31, 2025, the return on total capital stands at 17.20%.
Overall, the return on total capital trended positively initially, experienced a sharp spike, followed by fluctuations, indicating some level of volatility in the company's capital efficiency during the period analyzed.Going forward, it will be crucial for stakeholders to continue monitoring and analyzing the return on total capital to assess the company's ability to generate profits from the capital employed.
Peer comparison
Jan 31, 2025