G-III Apparel Group Ltd (GIII)
Debt-to-assets ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,483,230 | 2,681,160 | 2,712,400 | 2,742,530 | 3,763,600 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,483,230K
= 0.00
The debt-to-assets ratio of G-III Apparel Group Ltd has consistently been at 0.00 from January 31, 2021, to January 31, 2025. This indicates that the company has had no debt compared to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets have been primarily financed by its equity rather than by debt. This low ratio suggests financial stability and less financial risk, as the company is not highly leveraged. Investors and creditors may view this favorably, as it implies a lower probability of financial distress due to debt obligations.
Peer comparison
Jan 31, 2025