G-III Apparel Group Ltd (GIII)
Debt-to-assets ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,483,230 | 2,783,610 | 2,696,290 | 2,565,400 | 2,681,160 | 2,749,330 | 2,662,050 | 49,500 | 2,712,400 | 3,290,220 | 3,082,350 | 2,718,270 | 2,742,530 | 2,728,020 | 2,553,590 | 2,398,720 | 3,763,600 | 2,469,420 | 2,269,810 | 2,798,960 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 for G-III Apparel Group Ltd has been consistently reported as 0.00 for the periods from April 30, 2020, to January 31, 2025. A debt-to-assets ratio of 0.00 indicates that the company has not reported any debt in relation to its total assets during these periods. This may suggest that the company has been financing its operations primarily through equity rather than debt. A low or zero debt-to-assets ratio can signify a strong financial position and lower financial risk, as the company is not relying heavily on borrowed funds to finance its operations. It is important to note that while a low debt-to-assets ratio is generally favorable, it is essential to consider the company's overall financial health, profitability, and growth prospects in conjunction with this ratio to get a comprehensive understanding of its financial performance and risk profile.
Peer comparison
Jan 31, 2025